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33759481
33759479

1235 Bush Street, San Francisco, CA 94109

DD
CA 01963487
Colliers - San Francisco, California
AE
01963487
Colliers - San Francisco, California
Listed by Colliers - San Francisco, California
$5,500,000
4 days on market
Updated 4 days ago

1235 Bush Street

Details
APN 0279-021
Property Type Multifamily
Sub Type Apartment Building
Square Footage 12,968
Units 24
Cap Rate 6.10%
NOI $335,605
Occupancy 62.5%
Tenancy Multi
Pro-Forma Cap Rate 8.25%
Pro-Forma NOI $453,554
Price per SqFt $424
Year Built 1926
Buildings 1
Lot Size (SqFt) 4,125
Zoning RC-4
Parking Spaces 2 spaces
Parking Per SqFt 0.15

Multifamily | 6.10% CAP | 24 Units

Marketing description

1235 Bush Street presents the opportunity to acquire a well-located twenty-four (24) unit apartment building in San Francisco's Lower Nob Hill neighborhood. Positioned between the Polk Street and Downtown corridors, the property benefits from immediate access to a diverse collection of neighborhood restaurants, cafés, retail amenities, major employment centers, and public transportation options that continue to support strong tenant demand. The property's central location provides convenient connectivity to Union Square, the Financial District, Nob Hill, and the broader Bay Area.

Constructed in 1926, the building encompasses approximately 12,968 square feet and features an attractive unit mix of seventeen (17) studio apartments and seven (7) one-bedroom / one-bathroom units. Many units showcase classic San Francisco architectural details, including hardwood flooring, bay windows, abundant natural light, and functional floor plans that appeal to a broad tenant base. The property's distinctive façade and period character contribute to its strong curb appeal and enduring presence within the neighborhood.

The building is separately metered for gas and electricity and is supported by a variety of desirable operational features, including a secure entry system, an elevator, on-site laundry facilities, car & motorcycle parking, front and rear fire escapes. These characteristics help provide efficient management and convenience for residents.

1235 Bush Street represents an opportunity to acquire a classic San Francisco multifamily asset with strong neighborhood fundamentals, attractive architectural character, and a highly accessible location in one of the city's most centrally situated residential districts. The combination of scale, location, and timeless appeal positions the property to remain a desirable housing option for years to come.

Investment highlights

  • Well-located twenty-four (24) unit apartment building in San Francisco's Lower Nob Hill neighborhood
  • Positioned between the Polk Street and Downtown corridors
  • Immediate access to a diverse collection of neighborhood restaurants, cafés, retail amenities, major employment centers, and public transportation options
  • Convenient connectivity to Union Square, the Financial District, Nob Hill, and the broader Bay Area
  • Constructed in 1926, the building encompasses approximately 12,968 square feet
  • Attractive unit mix of seventeen (17) studio apartments and seven (7) one-bedroom / one-bathroom units
  • Classic San Francisco architectural details, including hardwood flooring, bay windows, abundant natural light, and functional floor plans
  • Distinctive façade and period character contribute to its strong curb appeal and enduring presence within the neighborhood
  • Separately metered for gas and electricity
  • Secure entry system, an elevator, on-site laundry facilities, car & motorcycle parking, front and rear fire escapes

Listing Contacts

DD
CA 01963487
Colliers - San Francisco, California
AE
01963487
Colliers - San Francisco, California
Listed by Colliers - San Francisco, California

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$335,605.00
$27,967.08/mo

Valuation Metrics

0
DSCR
6.1%
Cap Rate
6.1%
ROI

Map

Zoning

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RC-4-80-A/PEG-SUD MixedMixed UseResidential Commercial High Density Priority Equity Geographies Special Use District
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Last updated Jun 10, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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