1034-1042 Washington Street presents a rare investment opportunity in the heart of San Francisco. This historic multifamily property, constructed in 1908, comprises two distinct buildings with a total of seven units, offering diverse configurations ideal for value-add potential. The front building and rear building feature a mix of 2-bedroom, 3-bedroom, and 4-bedroom units, providing flexibility for rental or redevelopment strategies. Recent upgrades include a modified bitumen roof (less than 10 years old) and partial electrical modernizations. While the property retains its early- 20th-century charm, it presents ample opportunity for renovation, with vacant units ready for modernization. Additional amenities include a 4-car garage and a prime hillside location steps from iconic San Francisco landmarks.
LOCATION DESCRIPTION
Nestled in the heart of San Francisco’s prestigious Nob Hill neighborhood, this property offers unrivaled urban connectivity and lifestyle appeal. Perfectly positioned in a Walker’s Paradise (Walk Score® 100), it is mere steps from the Powell-Hyde cable car lines, a 10-minute stroll to Union Square’s luxury retail hub, and minutes from Chinatown’s cultural vibrancy and the Financial District’s corporate anchors. The location thrives with convenience: Muni transit options are a 1-minute walk, Caltrain access is a 4-minute drive, and SFO International Airport is 23 minutes away. Surrounded by Michelin- starred dining, boutique shops, and tech-centric employers like Salesforce Tower, the area attracts high-income residents (3-mile median household income: $127,461) and benefits from a daily influx of 245,684 daytime employees within a 1-mile radius, ensuring robust rental demand in one of the city’s most dynamic and resilient submarkets.





