1175-1181 Pacific Ave — Sale in San Francisco, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: San Francisco, CA 94133
Investment Figures
- Cap rate
- 1.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
1175–1181 Pacific Ave is a well-located 4-unit apartment building situated in San Francisco’s highly desirable Nob Hill neighborhood. Positioned along one of the city’s elevated corridors, the property offers impressive Bay and city views from the roof. The property is conveniently located near the Polk Street and Union Street retail corridors, providing easy access to popular restaurants, cafés, grocery stores, and neighborhood services. Chinatown, North Beach, and the Financial District are all within close proximity, offering convenient access to major business, dining, and entertainment destinations. Built in 1907, the property consists of two buildings totaling approximately 6,070 square feet of living space on a 3,223 square-foot lot. The front main building features one tenant-occupied 2 Bed / 1 Bath unit (#1181) on the lower level, currently paying $1,900 per month. The top two levels, Units #1177 and #1179, were combined into one spacious 5 Bed / 4 Bath residence with direct indoor garage access and have been owner occupied for over 50 years. The property also includes a separate two-level cottage located in the rear yard, featuring ground-level storage and an upper-level 2 Bed / 1 Bath unit. Except for Unit #1181, all units will be delivered vacant, including the garage. The property is zoned Residential-Mixed (RM-1), and the Assessor’s Parcel Number (APN) is 0182-022. The property’s prime central location and strong neighborhood appeal present a rare value-add opportunity with significant rental upside and excellent potential for owner-user occupancy upon renovation. Investment Highlights: • Excellent Nob Hill Location • (1)2 Bed/1 Bath & (1) 5 Bed/4 Bath • One 2 level Cottage with (1) 2 Bed/1 Bath • 2-Car Tandem Parking in Garage • Upside Potential Through Renovations
Market Context
This multifamily in San Francisco, CA is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 77 days. Compare it against other multifamily listings for sale in San Francisco, CA — view the full market.
As of Q1 2026, the San Francisco multifamily market showed average asking rents near $2998.00/unit/mo, rents up 5.8% year over year, and cap rates around 5.2%. Source: multiple brokerage reports, Q1 2026.
Its 1.0% asking cap rate is below the San Francisco multifamily market average of about 5.2%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Multifamily market FAQ
- What is the typical cap rate for multifamily in San Francisco?
- About 5.2% as of Q1 2026, per multiple brokerage reports.
Contact
- Ning Ho · (415) 625-2192 · ning.ho@marcusmillichap.com
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