425 Hyde Street is a classic 25-unit San Francisco apartment building showcasing beautiful bay windows and timeless period charm. Offered at an attractive 7.15% current CAP rate, the property provides substantial upside through below-market rents, strategic unit improvements, and operational enhancements. Recent capital improvements include brand-new electrical infrastructure, complemented by 11 on-site garage parking spaces and individually metered utilities, providing investors with a well-maintained asset and reduced future capital expenditure needs. The property also offers the potential to reconfigure select one-bedroom units into larger two-bedroom layouts, creating meaningful long-term value. 425 Hyde Street offers investors the rare opportunity to acquire a classic San Francisco asset with strong in-place cash flow, significant value-add potential, and long-term appreciation in one of the city's most enduring rental markets.
| MLS # | ML82049751 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 94 |
| Listing Provided By | Marcus & Millichap | Eymon Binesh |
| SQ Feet | 18,750 |
|---|---|
| Units | 25 |
| Building(s) | 1 |
| Zoning | RC4 |
| Acreage | 0.16 |
| Cooling | None |
|---|---|
| Cooling Yes / No | Yes |
| Property | 73710 |
|---|
| State | CA |
|---|---|
| County | San Francisco |
| City | San Francisco |
| Zip Code | 94109 |
| Listing VS Median (in 94109) | |
Price: $5,750,000 low | high Med: $4,112,500 sqft: 18,750 low | high Med: 12,899 $ / sqft: $307 low | high Med: $329 On site: 94 low | high Med: 94 | |
| State | CA |
|---|---|
| County | San Francisco |
| City | San Francisco |
| Zip Code | 94109 |
| Listing VS Median (in 94109) | |
Price: $5,750,000 low | high Med: $4,112,500 sqft: 18,750 low | high Med: 12,899 $ / sqft: $307 low | high Med: $329 On site: 94 low | high Med: 94 | |