1090 Jackson StSan Francisco, CA 94108

This exceptional 7-unit apartment building, located in San Francisco's prestigious Nob Hill district at 1090 Jackson Street, presents a compelling investment opportunity. The property boasts 5,050 square feet situated on a 1,997 square foot lot (APN 0181-021) and features seven one-bedroom, one-bathroom units. Select units have undergone tasteful updates, including modern appliances and refinished hardwood or laminate flooring. Each unit is equipped with separate gas and electric meters for efficient utility management. Significant recent improvements include a new roof (installed in 2020) and an updated fire alarm system, enhancing both safety and value. The building's current NOI is $116,228, with a pro-forma NOI of $206,616, reflecting a 5.41% cap rate and a pro-forma cap rate of 9.61%. The asking price is $2,150,000, translating to a price per unit of $307,142.86 and a price per square foot of $425.74. Built in 1912 and zoned RM-3, this property benefits from its proximity to renowned hotels, historic landmarks, vibrant restaurants, parks, and convenient transportation options. The combination of its prime location, recent upgrades, and significant rental upside potential makes this a truly remarkable investment opportunity in one of San Francisco's most desirable neighborhoods.