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33808538
33808541

1216 Taylor Street, San Francisco, CA 94108

DD
CA 01963487
Colliers - San Francisco, California
AE
01963487
Colliers - San Francisco, California
Listed by Colliers - San Francisco, California
$3,950,000
1 day on market
Updated 1 day ago

1216 Taylor Street

Details
APN 0213-015A
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,470
Units 10
Cap Rate 4.04%
NOI $159,541
Occupancy 70%
Tenancy Multi
Pro-Forma Cap Rate 8.47%
Pro-Forma NOI $334,664
Price per SqFt $529
Year Built 1924
Buildings 1
Lot Size (SqFt) 3,000
Zoning RM-3
Parking Spaces 2 spaces
Parking Per SqFt 0.27
Investment Type Value Add

Multifamily | 4.04% CAP | 10 Units

Marketing description

1216 Taylor Street presents a rare opportunity to acquire a well-maintained ten (10) unit multifamily property located in the heart of San Francisco's prestigious Nob Hill neighborhood. Originally constructed in 1924, the property features an attractive unit mix consisting of four (4) studios, three (3) junior one-bedroom units, and three (3) one-bedroom units, in addition to two (2) tandem parking spaces and seven (7) storage spaces. The building showcases classic San Francisco architecture with ornate period detailing, a grand lobby with fireplace, skylights, and strong curb appeal throughout.

Several units feature tremendous natural light, hardwood flooring, bay windows, and functional layouts, while select remodeled spaces offer updated kitchens, modern finishes, and large windows with sweeping city outlooks. The property also benefits from separately metered gas and electrical service, steam heat, a compliant fire alarm system, front and rear fire escapes, and recent common area improvements, including carpet replacement in 2020.

Situated atop Nob Hill, 1216 Taylor Street offers residents immediate access to some of San Francisco's most iconic destinations including Grace Cathedral, Huntington Park, the Fairmont Hotel, Polk Street, North Beach, Chinatown, and Downtown. The location is further enhanced by excellent public transportation access and proximity to an abundance of renowned restaurants, cafes, grocery stores, and neighborhood amenities, creating a highly desirable living environment for tenants.

1216 Taylor Street represents an exceptional opportunity for investors seeking a character-rich Nob Hill asset with strong in-place income and substantial long-term upside potential through continued unit turnover and operational optimization. The property's classic architecture, premier location, and significant rental upside make it a compelling investment in one of San Francisco's most historically sought-after neighborhoods.

Investment highlights

  • Classic San Francisco architecture with ornate period detailing
  • Grand lobby with fireplace
  • Skylights
  • Strong curb appeal throughout
  • Tremendous natural light
  • Hardwood flooring
  • Bay windows
  • Functional layouts
  • Select remodeled spaces with updated kitchens and modern finishes
  • Large windows with sweeping city outlooks
  • Separately metered gas and electrical service
  • Steam heat
  • Compliant fire alarm system
  • Front and rear fire escapes
  • Recent common area improvements including carpet replacement in 2020
  • Building is NOT listed on SF Soft-Story List
  • Building is compliant with the Fire Alarm Sleeping Room Ordinance (2013 - NFPA 72 Section 18.4.1)
  • Decorative Fireplace in Lobby

Listing Contacts

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

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$159,541.00
$13,295.08/mo

Valuation Metrics

0
DSCR
4.04%
Cap Rate
4.04%
ROI

Map

Zoning

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RM-3-65-A ResidentialMulti FamilyResidential Mixed Medium Density
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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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