1430 Clay St, San Francisco, CA 94109

Property Description

1430 Clay Street, is a well-located apartment building in San Francisco's prestigious Nob Hill neighborhood. Positioned between Hyde and Leavenworth Streets, the property sits in one of the city's most desirable and historically significant enclaves, just moments from Grace Cathedral, Huntington Park, and the Masonic Auditorium. The surrounding neighborhood offers immediate access to the vibrant Polk Street corridor, known for its diverse dining, retail, and nightlife options. Residents also benefit from close proximity to North Beach, Chinatown, and Downtown, all within a short walk or commute. Public transportation is readily available along several nearby corridors, providing convenient connectivity throughout the city. The building consists of twelve (12) one-bedroom, one-bathroom apartments. Units are thoughtfully laid out and feature classic San Francisco charm, including hardwood flooring, sunrooms, walk-in closets, and updated dual- pane windows. The property is separately metered for gas and electricity, offering operational efficiency for ownership. Additional amenities include a garage with parking for two (2) cars and one (1) motorcycle, as well as on-site coin-operated laundry facilities for tenant convenience. The property has also undergone several significant capital improvements, including the removal of the underground storage tank, completion of soft- story seismic compliance, and foundation upgrades. In addition, the building is currently in the process of obtaining Fire Horn approval, further enhancing its safety profile and long-term structural integrity. 1430 Clay Street presents a compelling investment opportunity with stable in- place income and future upside potential. There is also the possibility to add additional units through the development of accessory dwelling units (ADUs), subject to buyer verification, further enhancing long-term value in this prime Nob Hill location.