1620 Jones Street, San Francisco, CA 94109
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1620 Jones Street,San Francisco, CA 94109
$4,850,000
- 20 Beds
- - Baths
- 7,135 sq. ft.
- Multi-family
- Active
Listed by: nico toracca, gino v franco
Office: marcus & millichap
MLS#:426136074
Source:CABCREIS
Price summary
- Price:$4,850,000
- Price per sq. ft.:$679.75
About this home
1620 Jones is an apartment building ideally located at the intersection of Nob Hill and Russian Hill, placing it in one of San Francisco's most desirable and established rental pockets. Situated between North Beach, Chinatown, and the Polk Street corridor, the property benefits from a highly walkable, central location with convenient access to neighborhood amenities, major employment centers, and multiple public transportation options. Its proximity to the Financial District continues to attract tenants seeking both convenience and neighborhood character. The property consists of eight units, evenly split between four two-bedroom and four three-bedroom apartments. These larger unit types remain in limited supply across the city and consistently command strong rental interest. Six of the eight units will be delivered vacant, providing a new owner with the opportunity to lease the majority of the building at market rents and significantly enhance the income profile. Select upper rear units feature views of the Financial District skyline and Bay Bridge, offering additional rental appeal. The combination of larger floor plans and a central location positions the property to capture demand from tenants prioritizing space without compromising accessibility. Owned by the same family for over 60 years, the property has been maintained with ongoing capital improvements. Notable upgrades include a newer roof, multiple renovated units, and a completed seismic retrofit in 2018, providing a stable foundation for future ownership with limited near-term capital requirements. 1620 Jones presents an opportunity to acquire a well-located asset with large units and significant vacancy in a supply-constrained market. The ability to lease up six units in a premier rental corridor offers a clear path to income growth - an opportunity that merits a second look given how rarely assets of this scale and positioning become available....
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Home facts
- Year built:1908
- Listing ID #:426136074
- Added:1 day(s) ago
- Updated:June 09, 2026 at 08:45 PM
Rooms and interior
- Bedrooms:20
- Rooms Total:36
- Flooring:Wood
- Basement Description:Full
- Living area:7,135 sq. ft.
Structure and exterior
- Roof:Asphalt
- Year built:1908
- Building area:7,135 sq. ft.
- Lot area:0.05 Acres
- Architectural Style:Edwardian
- Construction Materials:Wood
- Foundation Description:Concrete, Pillar/Post/Pier
Finances and disclosures
- Price:$4,850,000
- Price per sq. ft.:$679.75
Features and amenities
- Appliances:Varies By Unit
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