39 John St, San Francisco, CA 94133

Property Description

39 John Street presents the opportunity to acquire a seven (7) unit multifamily investment property in San Francisco's historic Nob Hill neighborhood. Built in 1909, the property consists of five (5) - one-bedroom, one-bathroom + den apartments and two (2) - two-bedroom, one-bathroom units totaling approximately 4,950 square feet. Situated on a quiet residential street, the building features classic San Francisco architecture, charming bay windows, and an attractive faade. The apartments offer functional floor plans with hardwood flooring, generous closet space, and abundant natural light throughout. Kitchens feature wood cabinetry, gas stoves and ovens, quartz countertops, and ample storage, while bathrooms include tile flooring and a combination of standing showers and shower/tub configurations. Two (2) units were recently renovated in 2026, providing updated living spaces with modern finishes. Additional property amenities include on-site laundry facilities, in-unit laundry in select apartments, and a shared rear patio. The property has benefited from recent capital improvements, including a seismic upgrade completed in 2022 and exterior faade painting in 2023. Additional building features include six (6) separately metered gas services, seven (7) separately metered electrical services, individual water heaters, and a concrete foundation. These improvements and building features contribute to the property's overall appeal and long-term investment potential. Ideally positioned in Nob Hill, 39 John Street offers convenient access to some of San Francisco's most vibrant neighborhoods, including North Beach, Chinatown, Russian Hill, and the Financial District. Residents are within walking distance of an extensive selection of restaurants, cafs, neighborhood markets, and entertainment destinations, as well as popular landmarks such as Washington Square Park, Grace Cathedral, and Huntington Park. The property also benefits from convenient access to Muni bus routes, the Powell-Mason cable car line, and the Chinatown-Rose Pak Muni Metro Station, providing connectivity to Downtown San Francisco and major employment centers. With its desirable all-one-bedroom unit mix, recent improvements, and central Nob Hill location, 39 John Street represents a compelling opportunity to acquire a well-located multifamily asset with 57% upside potential in one of San Francisco's most desirable residential neighborhoods.