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$3,250,000 | 12 UNITS | NOB HILL

Just Listed

960 Pine Street






Cap Rate


Price per Square Feet

The Alta Pine Apartments is a 12 unit building located in the historic Nob Hill neighborhood of San Francisco. Constructed in 1924, the property consists of 3 one-bedroom and 9 studio apartments. The units have spacious and functional layouts. Three of the apartments will be delivered vacant at close of escrow. One of the vacant apartments is Unit 4, it is the lower rear apartment with direct access to the patio through sliding glass doors. Tenants are greeted by an ornate lobby and common areas that have nice period charm. The building has been maintained to a high standard throughout. The building is in compliance with the soft-story ordinance. Heat is supplied through a newer steam boiler. The apartments are separately metered for gas and electricity. The garage currently accommodates three cars and is occupied by tenants of the building. There is coin operated laundry for the tenant’s convenience. This prime Nob Hill location provides convenient access to public transportation, shopping, restaurants, and
nightlife. This is an excellent opportunity to purchase a turn-key property with upside potential. Priced at only $374 per square foot, this is an excellent value.

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