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Prime 16-Unit Nob Hill Multifamily – 6.1% Cap 1627-1631 Clay St 16 Unit Apartment Building $3,481,024 CAD ($217,564 CAD/Unit) 6.19% Cap Rate San Francisco, CA 94109

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INVESTMENT HIGHLIGHTS

  • Prime Nob Hill location near Polk Street retail & transit
  • 1 large 6BD/5BA flat + guest suite + 14 SROs
  • 6.08% cap current; ~11.48% pro-forma at market
  • Soft-story retrofit completed in 2019; fire-alarm compliant
  • ~47% rent growth potential; banked rents available
  • Low basis: ~$246/SF and ~$156k per unit

EXECUTIVE SUMMARY

16-unit multifamily in San Francisco’s Nob Hill. Seismically retrofitted asset with strong income and 47% rent upside. Offered at $2.495M | 6.08% cap.
1627–1631 Clay Street is a 16-unit apartment building centrally located in San Francisco’s Nob Hill between Polk and Larkin. The property includes one expansive 6-bed/5-bath flat (~3,800 SF), a private 3-room guest suite, and fourteen SRO rooms across the upper floors with renovated shared kitchens and updated baths. Several SROs feature private baths and in-room kitchenettes. Seismically retrofitted (soft-story 2019) and fire-alarm compliant, the 10,160 SF building delivers strong in-place cash flow with banked rents and ~47% rent upside. Current income of ~$283,985 supports a 6.08% cap; pro-forma projects ~11.48% cap at market. Offered at $2,495,000 ($246/SF; $155,938/unit).

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,481,024 CAD
Price Per Unit $217,564 CAD
Sale Type Investment
Cap Rate 6.19%
No. Units 16
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.12 AC
Building Size 10,160 SF
No. Stories 3
Year Built 1908
Zoning RM3

AMENITIES

SITE AMENITIES

  • Public Transportation
Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (93)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0621-021
Land Assessment
$2,591,047 CAD (2025)
Improvements Assessment
$1,727,359 CAD (2025)
Total Assessment
$4,319,036 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 37453968

  • Date on Market: 2025-08-28

  • Last Updated:

  • Address: 1627-1631 Clay St, San Francisco, CA 94109

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