CA > San Francisco
San Francisco, CA 94102,565 Geary ST
San Francisco, CA 94102,565 Geary ST
San Francisco, CA 94102,565 Geary ST
60
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$9,850,000
Est. payment /mo
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19 Beds
37,796 SqFt
Pending

565 Geary ST San Francisco, CA 94102

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Violet Sinclaire

Violet Sinclaire

+1(415) 713-9420

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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 37,796 sqft

Price per Sqft $260

MLS Listing ID 425082850

Bedrooms 19

HOA Y/N No

Year Built 1922

Lot Size 7,962 Sqft

Acres 0.1828

Property Sub-Type Mixed Use

Property Description

565 Geary Street is a six-story mixed-use apartment building in San Francisco's Downtown district, just two and a half blocks from Union Square. The property features 69 residential units, three ground-floor retail spaces, five offices, and a 21-car valet garage spanning two parcels, including the adjacent lot at 549 Shannon Alley. Unit mix: 40 studios, 7 junior one-bedrooms, 12 one-bedrooms, a two-bedroom penthouse, and a three-bedroom, two-bath unit converted from former office space. Major upgrades include a $400,000 elevator rebuild, new fire horn system, and a five-year-old modified bitumen roof. Interiors feature new carpet, lighting, and mailboxes. The steam boiler-heated building offers coin-op laundry, separately metered gas, and master-metered electricity with a 800-amp main. About 10% of units are fully remodeled, 30% have updated baths, and 10% have new kitchens. The garage is leased to a third party with strong parking demand. Professionally managed and fully performing, the property generates strong in-place income with upside through turnover and modernization. Offered at $9,850,000, 565 Geary represents a 6.6% cap rate in one of San Francisco's most dynamic neighborhoods.

Location

State CA

County San Francisco

Area Sf District 8

Interior

Fireplace No

Exterior

Total Parking Spaces 1

Building

Lot Description None

New Construction No

Others

Tax ID 0317018

San Francisco MLS - SFAR

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Violet Sinclaire

Violet Sinclaire

Agent | CA DRE #01990089

+1(415) 713-9420

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