Home | San Francisco County | San Francisco | 94109 | 1424 Jones St
MLS: SF426164775 | Status: | Price: $3,750,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 7,075 | 3,214 | 1915 |
A 1915-vintage, fully occupied seven-unit multifamily asset in San Francisco's Nob Hill offering substantial mark-to-market upside. Current scheduled rents of $273,456 sit roughly 50% below $554,640 market, while renovated units already achieve near-$6,000 rentsproving the value-add thesis. Spanning 7,075 gross square feet across seven units, the building is 100% occupied and delivers a stabilized, in-place income stream from day one. With half the building already renovated to near-$6,000 rents, an incoming owner has a proven, low-risk playbook to capture the remaining upside as units turn. Positioned in one of San Francisco's most sought-after neighborhoods, the asset benefits from Nob Hill demand where sales velocity is at a 15- year high and comparable assets are drawing 10-plus offers. The combination of a compelling basis, in-place occupancy, and clear rent growth makes this a rare value-add opportunity in a supply-constrained submarket.
| Field | Value |
|---|---|
| MLS # | SF426164775 |
| MLS Source | San Francisco Association of Realtors® MLS |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Gino Franco | Nico Toracca |
| Marcus & Millichap | |
| License #: 02027839 | License #: 02173921 |
| Phone: (415) 625-2167 | Phone: (415) 269-1401 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 7 | 7 | 7 |
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This listing information is up-to-date as of September 22, 2026. For the most current information, please contact Gino Franco, (415) 625-2167.