769 Grove St, San Francisco, CA 94102

Property Description

Rare opportunity to acquire a distinctive two-building, 5-unit Victorian property comprising 2 lots in the heart of Hayes Valley, just steps from Alamo Square. Located at 765-769 Grove Street and 666-668 Ivy Street, the offering features a historic 3-unit Victorian on Grove Street with a one-bedroom garden apartment and 2 flats--1 one-bedroom and 1 two-bedroom--showcasing soaring ceilings, bay windows, and classic period millwork. The 2-flat Ivy Street building complements the property with additional residential units across the rear parcel. Three of the 5 units have been fully renovated, while significant capital improvements have been completed, including a new foundation at the Ivy Street building and removal of knob-and-tube wiring. Additional amenities include on-site laundry, rear decks, bike parking, and abundant natural light in the upper units. With two separate parcels, the property offers an opportunity to explore a future lot split, while its highly walkable Hayes Valley location places residents within easy reach of acclaimed retail and dining, Alamo Square Park, and Trader Joe's. Offered as a well-maintained, income-producing asset with meaningful rental upside, 765-769 Grove Street and 666-668 Ivy Street present a compelling opportunity to own a uniquely positioned San Francisco multifamily property.