2356-2358 Jones Street, San Francisco, CA 94133
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
2356-2358 Jones Street,San Francisco, CA 94133
$2,400,000
- 4 Beds
- 2 Baths
- 2,436 sq. ft.
- Multi-family
- Active
Listed by: gino v franco, richard r romano
Office: marcus & millichap
MLS#:426160706
Source:CABCREIS
Price summary
- Price:$2,400,000
- Price per sq. ft.:$985.22
About this home
2358 Jones Street presents a compelling multifamily investment opportunity in San Francisco's highly desirable Russian Hill neighborhood. Originally constructed in 1917, this two-unit residential asset offers a well-maintained profile within one of the city 's most sought-after neighborhoods, providing future residents with convenient access to premier retail, dining, recreation, and lifestyle amenities. In-place rents of $8,100 per month ($97,200 annually) sit approximately 38% below the scheduled market rent of $13,000 per month, equating to gross potential rent of $156,000 annually. Supported by nation-leading rent growth, the asset offers significant upside through a mark-to- market to $6,500 per month per unit. Offered at $2,400,000 - equating to $1,200,000 per unit and $985 per square foot - the Property provides investors with an attractive basis and a clear path to stabilized cash flow. Strategically located in Russian Hill, 2358 Jones Street benefits from strong renter demand, surging year-over-year rent growth, and proximity to San Francisco's premier residential amenities. The combination of rents 38% below market, substantial mark-to-market upside, and an irreplaceable location creates an opportunity to acquire a high-quality residential asset with immediate stabilization and long-term appreciation potential....
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Home facts
- Year built:1917
- Listing ID #:426160706
- Added:8 day(s) ago
- Updated:September 19, 2026 at 03:07 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:4
- Living area:2,436 sq. ft.
Structure and exterior
- Year built:1917
- Building area:2,436 sq. ft.
- Lot area:0.04 Acres
- Lot Features:Landscaped, Sidewalk
- Levels:2 Story
Finances and disclosures
- Price:$2,400,000
- Price per sq. ft.:$985.22
Parking
- Total parking spaces:1
- Parking description:Garage
- Garage:Yes
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