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Multifamily

1123 Clay St

1123 Clay St, San Francisco, CA 94108

Listing Price: $2,850,000

Cap Rate
4.33%
Number of Units
9
Price/Unit
$316,667
Price/Gross SF
$561.47
Gross SF
5,076

Investment Overview

Marcus & Millichap is pleased to present a 1123 Clay Street – a nine unit building in Nob Hill. Originally constructed in 1921, this 3-story, wood-framed and stucco apartment on concrete foundation encompasses 5,076 sq ft and sits on a 1,912 sq ft lot. The property has a unit mix of two Studios, six 1- bedrooms and one 1 bedroom + office unit. 1123 Clay Street is located between Taylor St and Mason St. of Nob Hill, providing its residents easy access to many nearby local attractions such as San Francisco Cable Car Museum, Union Square, Grace Cathedral, Masonic Auditorium, Huntington Park, Fairmont Hotel, Ritz Carlton, Chinatown, and North Beach. With A Walk Score of 99 and Transportation Score of 100, many of the residents forgo the use of a personal car as they can easily walk to nearby restaurants, shops, bars and use the many forms of public transportations including the Famous San Francisco Cable Car. The units are individually metered for gas and electric. 4 of the units have been recently updated with hardwood floors, tankless water heater, stone countertops.

Investment Highlights

  • 9 Unit Bldg in Nob Hill
  • 4.33 CAP
  • 14.57 GRM

Exclusively Listed By

Multifamily

1123 Clay St

Listing Price: $2,850,000

Cap Rate
4.33%
Number of Units
9
Price/Unit
$316,667
Price/Gross SF
$561.47
Gross SF
5,076

Investment Highlights

  • 9 Unit Bldg in Nob Hill
  • 4.33 CAP
  • 14.57 GRM

Investment Overview

Marcus & Millichap is pleased to present a 1123 Clay Street – a nine unit building in Nob Hill. Originally constructed in 1921, this 3-story, wood-framed and stucco apartment on concrete foundation encompasses 5,076 sq ft and sits on a 1,912 sq ft lot. The property has a unit mix of two Studios, six 1- bedrooms and one 1 bedroom + office unit. 1123 Clay Street is located between Taylor St and Mason St. of Nob Hill, providing its residents easy access to many nearby local attractions such as San Francisco Cable Car Museum, Union Square, Grace Cathedral, Masonic Auditorium, Huntington Park, Fairmont Hotel, Ritz Carlton, Chinatown, and North Beach. With A Walk Score of 99 and Transportation Score of 100, many of the residents forgo the use of a personal car as they can easily walk to nearby restaurants, shops, bars and use the many forms of public transportations including the Famous San Francisco Cable Car. The units are individually metered for gas and electric. 4 of the units have been recently updated with hardwood floors, tankless water heater, stone countertops.

Exclusively Listed By

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