1595 Noe Street, San Francisco, CA 94131
Local realty services provided by:CENTURY 21 Masters
1595 Noe Street,San Francisco, CA 94131
$3,050,000
- 6 Beds
- - Baths
- 7,290 sq. ft.
- Multi-family
- Active
Listed by: gino v franco, sanford skeie
Office: marcus & millichap
MLS#:426171686
Source:CABCREIS
Price summary
- Price:$3,050,000
- Price per sq. ft.:$418.38
About this home
Situated on a prominent corner in the heart of Noe Valley, 1595 Noe Street presents an exceptional opportunity to acquire an 11-unit multifamily property in one of San Francisco's most desirable residential neighborhoods. Originally constructed in 1928, the building encompasses approximately 7,290 square feet and benefits from an attractive corner setting, a highly sought-after location, and substantial opportunities for future value creation. Offered at $3,050,000, or approximately $277,273 per unit, the property provides investors with an attractive combination of immediate cash flow and significant rental upside. The building currently generates $149,257 in annual net operating income, representing a 4.89% in-place capitalization rate. Existing residential rents total approximately $19,044 per month, compared to estimated market rents of $32,800, reflecting a 42% discount to market. This considerable loss-to-lease presents an opportunity for long-term income growth as units turn over and rents are brought closer to market levels, subject to applicable rental regulations. Beyond the rental upside, the property offers several additional avenues for value creation. A spacious four- to five-car garage will be delivered vacant, providing immediate flexibility for a new owner, while several existing unwarranted units present further potential for investors willing to explore their legal status and opportunities for improvement or legalization, subject to City approvals. Together, these features offer multiple paths to enhance the property's utility, income, and overall value. On a stabilized basis, the property is projected to generate approximately $301,371 in annual net operating income, representing a compelling 9.88% pro forma capitalization rate. With its strong corner location, substantial rental upside, vacant garage, and additional improvement potential, 1595 Noe Street offers a rare opportunity to acquire a well-located San Francisco apartment building with meaningful value yet to be realized....
Contact an agent
Home facts
- Year built:1928
- Listing ID #:426171686
- Added:1 day(s) ago
- Updated:October 28, 2026 at 11:39 PM
Rooms and interior
- Bedrooms:6
- Rooms Total:24
- Living area:7,290 sq. ft.
Structure and exterior
- Year built:1928
- Building area:7,290 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Corner Lot, Curb(s), Curbs/Gutters, Sidewalk
Finances and disclosures
- Price:$3,050,000
- Price per sq. ft.:$418.38
Parking
- Total parking spaces:5
- Parking description:Attached, Garage, Inside Entrance
- Garage:Yes
- Garage spaces:5
New listings near 1595 Noe Street
- Coming Soon
$2,588,000Coming Soon3 beds 3 baths1,900 sq. ft.690 Market St #1404, San Francisco, CA 94104
MLS# 41150532Listed by: MARVEL REALTY
$4,350,000Pending3 beds 4 baths2,195 sq. ft.488 Folsom Street #3801, San Francisco, CA 94105
MLS# 426169484Listed by: CITY REAL ESTATE- Open Sat, 2 to 4pmNew
$1,899,000Active3 beds 2 baths1,700 sq. ft.3035 California Street, San Francisco, CA 94115
MLS# 426169365Listed by: NU LEVEL REALTY INC. - Open Tue, 9 to 11amNew
$785,000Active1 beds 1 baths749 sq. ft.330 Harriet Street, San Francisco, CA 94103
MLS# 426173161Listed by: CORCORAN ICON PROPERTIES - Open Tue, 12 to 2pmNew
$2,600,000Active10 beds 4 baths4,065 sq. ft.3719-3721 17th Street, San Francisco, CA 94114
MLS# 426173163Listed by: CBRE - Open Sun, 2 to 4pmNew
$1,988,888Active4 beds 2 baths1,950 sq. ft.45 Hugo Street, San Francisco, CA 94122
MLS# ML82065764Listed by: REMAX GOLD PACIFICA - New
$1,710,000Active3 beds 3 baths1,985 sq. ft.426 Fillmore Street #C, San Francisco, CA 94117
MLS# 426170854Listed by: COMPASS - Open Sat, 5 to 6:30pmNew
$839,000Active1 beds 1 baths868 sq. ft.260 King Street #1311, San Francisco, CA 94107
MLS# 426170885Listed by: EXP REALTY OF CALIFORNIA, INC. - Open Tue, 9 to 11amNew
$2,125,000Active12 beds -- baths5,195 sq. ft.547 Natoma Street, San Francisco, CA 94103
MLS# 426173160Listed by: COLLIERS INTERNATIONAL - New
$539,000Active-- beds 1 baths567 sq. ft.960 Market Street #714, San Francisco, CA 94102
MLS# 426173152Listed by: POLARIS PACIFIC