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$8,700,000 | 21 UNITS | Russian Hill

Available


1440 Union Street

21

Units

5.0%

Cap Rate

12.2

GRM

13,953

Square Feet

1440 Union Street presents a rare opportunity to acquire a 21-unit apartment

building in the heart of Russian Hill, situated just a half block from the shops

and restaurants along Polk Street. The property offers a well-balanced unit mix

of 11 one-bedrooms, 4 two-bedrooms, and 6 studios, with select residences

enjoying Golden Gate Bridge and Bay views. Tenants share access to a common

roof deck, and the building has recently benefited from exterior paint and deck

repairs. Parking is plentiful, with 21 garage spaces serving the property, five of

which are currently vacant. Three units will also be delivered vacant at close of

escrow, giving a new owner the immediate ability to capitalize on a very strong

rental market. Combining scale, location, and significant upside, 1440 Union

Street represents a rare opportunity in one of San Francisco's most sought-after

rental locations.

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