777 Grove St - Apartments FOR SALE


San Francisco, CA 94102- Alamo Square | 
$2,150,000 USD
415-867-7711
777 Grove St, San Francisco, CA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/7
null | 5.48% Cap Rate

777 Grove St
San Francisco, CA 94102
Alamo Square


OVERVIEW

Rare opportunity to acquire a distinctive two-building, five-unit Victorian property comprising two lots in the heart of Hayes Valley, just steps from Alamo Square. Located at 765-769 Grove Street and 666-668 Ivy Street, the offering features a historic three-unit Victorian on Grove Street with a one-bedroom garden apartment and two flats one one-bedroom and one two-bedroom showcasing soaring ceilings, bay windows, and classic period millwork. The two-unit Ivy Street building complements the property with additional residential space across the rear parcel. Three of the five units have been fully renovated, while significant capital improvements have been completed, including a new foundation at the Ivy Street building and removal of knob-and-tube wiring. Additional amenities include on-site laundry, rear decks, bike parking, and abundant natural light in the upper units. With two separate legal parcels and RH-3 zoning, the property offers an opportunity to explore a future lot split, while its highly walkable Hayes Valley location places residents within easy reach of acclaimed retail and dining, Alamo Square Park, and Trader Joes. Offered as a well-maintained, income-producing asset with meaningful rental upside, 765-769 Grove Street and 666-668 Ivy Street present a compelling opportunity to own a uniquely positioned San Francisco multifamily property. Highlights: • Historic Victorian Alamo Square Property • 2 Buildings // 2 Lots • Stunning Victorian Features • 3 Fully Renovated Units • Opportunity for Lot Split • Immaculately Maintained • New Foundation [Ivy Street] • Knob & Tube Wiring Removed • Hayes Valley Retail & Restaurants Nearby • On the doorstep of Alamo Square • Trader Joe’s Blocks Away • Rear Decks & Bike Parking Space • Glorious Light for Top Units • Large Work Room • ADU Potential • Banked Rents

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$664 USD /SF

# OF UNITS

4

PRICE/UNIT

$537,500

CAP RATE

5.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,008 SF

ZONING

RH3

APN/PARCEL ID

0805-026

ASK ABOUT THIS PROPERTY

Matthew C. SheridanMaven Commercial, Inc.More Info
415-867-7711

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Matthew C. SheridanMaven Commercial, Inc.More Info
415-867-7711

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.