
$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.

























