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970 Post St
San Francisco, CA 94109
Multifamily Property For Sale · 29 Units

Executive Summary

970 Post Street presents a well-located 29-unit multifamily investment opportunity in San Francisco’s Lower Nob Hill neighborhood—an established urban enclave known for its dense amenities, strong transit connectivity, and proximity to Downtown, Union Square, and Polk Street retail corridors. The property benefits from consistent rental demand driven by its central location and walkability to restaurants, cafes, grocery stores, and major employment hubs.
Constructed in 1910, the approximately 22,310 square foot building features a diverse unit mix of 12 studios, seven 1-bedroom/1-bath units, and ten 2-bedroom/1-bath units. The apartments offer classic San Francisco architectural details including hardwood and carpeted flooring, crown molding, built-in cabinetry, large windows providing ample natural light, and center-mounted pendant lighting. Kitchens are equipped with granite countertops, wood cabinetry, and modern appliances, while bathrooms feature clawfoot tubs, hexagon tile flooring, mirrored vanities, and window or fan ventilation.
The property is separately metered for gas and electricity and has completed CMB seismic upgrades, as well as compliance with the Fire Alarm Sleeping Room Ordinance. The brick façade, concrete foundation, steam heat system, and secure entry further support long-term operational stability.
With significant in-place rents below market across much of the rent roll, 970 Post Street offers investors a compelling value-add opportunity through systematic rent growth while maintaining a stabilized income stream in a highly sought-after central San Francisco location.

Property Facts

Price Per Unit $234,483
Sale Type Investment
Cap Rate 5.17%
Gross Rent Multiplier 11.04
No. Units 29
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 22,310 SF
No. Stories 3
Year Built 1910
Zoning RC-4

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 25 - 330
2+1 5 - 600

Property Taxes

Property Taxes

Parcel Number
0301-013
Land Assessment
$315,579
Improvements Assessment
$444,497
Total Assessment
$760,076
  • Listing ID: 39289971

  • Date on Market: 2/2/2026

  • Last Updated:

  • Address: 970 Post St, San Francisco, CA 94109

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