Property Highlights

  • Rare 11-Unit Apartment Building located on historic Calhoun Terrace, one of San Francisco's most charming and little known residential streets.

  • Prime Telegraph Hill Location moments from North Beach, Russian Hill, the Embarcadero Waterfront, Downtown San Francisco, Coit Tower, Washington Square Park, and some of the City's most celebrated restaurants and cafes.

  • Well-Balanced Unit Mix featuring 9 one-bedroom units, 6 with extra rooms for offices or dining and 2 two-bedroom units with extra rooms for offices or other uses.

  • There is one undeveloped space of about 200 sf which could either be added to unit 38B or 42 by an interior stair to provide a second bedroom and bath or other room or used for rental storage.

  • Approximately 7,500 Square Feet of residential space.

  • NOI $ 444,777.76

  • 5.56 % CAP rate

  • 12.92 GRM

  • Long-Term Rental Upside Potential through future turnover and continued rent optimization.

  • Easements across adjacent properties forever protecting views and seclusion

  • Generational Investment Opportunity in a neighborhood where multifamily assets rarely come to market.

  • Rich Historical Significance associated with renowned artists Diego Rivera and Frida Kahlo, who resided in apartment 42 during Rivera's celebrated San Francisco mural period.

  • Exceptional Walkability and Transit Access connecting residents to the Financial District, Waterfront, North Beach, Chinatown, and the greater Bay Area.

City skyline view from a rooftop balcony with chairs and a table, overlooking the bay and a bridge in San Francisco.