1750 Pacific Ave, San Francisco, CA 94109

Property Description

1750 Pacific Avenue (the Property) is a multifamily asset built in 1904, situated on a 0.10 acre lot and comprised of nine (9) units. The Property's unit mix is (4) Studios, (3) One Bed's, and (2) Two Bed's, a configuration that turns over efficiently and draws steady demand from renters seeking the Van Ness corridor's walkability without Pacific Heights pricing. The Property has completed its mandatory softstory seismic retrofit, removing a capital obligation that weighs on many pre-1940 San Francisco buildings and clearing the way for a new owner to focus capital on unit-level upgrades. The Property's location between Franklin Street and Van Ness Avenue places it a short walk from the shops, cafes and restaurants of upper Polk Street and directly on the Van Ness Avenue transit spine. The address carries a Walk Score of 99, a Walker's Paradise designation, and a Transit Score of 86. Residents are within 0.7 mile, a 12-minute walk, of California Pacific Medical Center's Van Ness campus, and frequent bus service along Van Ness Avenue and Polk Street connects tenants to the Financial District and Union Square without a car. The corridor's ongoing bus rapid transit investment continues to reinforce the neighborhood's transit access, offsetting the limited on-street parking common to this part of San Francisco