565 Geary Street, San Francisco, CA 94102
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
565 Geary Street,San Francisco, CA 94102
$9,850,000
- 19 Beds
- - Baths
- 37,796 sq. ft.
- Multi-family
- Active
Listed by:gino v franco
Office:marcus & millichap
MLS#:425082850
Source:CABCREIS
Price summary
- Price:$9,850,000
- Price per sq. ft.:$260.61
About this home
565 Geary Street is a six-story mixed-use apartment building in San Francisco's Downtown district, just two and a half blocks from Union Square. The property features 69 residential units, three ground-floor retail spaces, five offices, and a 21-car valet garage spanning two parcels, including the adjacent lot at 549 Shannon Alley. Unit mix: 40 studios, 7 junior one-bedrooms, 12 one-bedrooms, a two-bedroom penthouse, and a three-bedroom, two-bath unit converted from former office space. Major upgrades include a $400,000 elevator rebuild, new fire horn system, and a five-year-old modified bitumen roof. Interiors feature new carpet, lighting, and mailboxes. The steam boiler-heated building offers coin-op laundry, separately metered gas, and master-metered electricity with a 200-amp main. About 10% of units are fully remodeled, 30% have updated baths, and 10% have new kitchens. The garage is leased to a third party with strong parking demand. Professionally managed and fully performing, the property generates strong in-place income with upside through turnover and modernization. Offered at $9,850,000, 565 Geary represents a 6.6% cap rate in one of San Francisco's most dynamic neighborhoods.
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Home facts
- Year built:1922
- Listing ID #:425082850
- Added:1 day(s) ago
- Updated:October 21, 2025 at 08:38 PM
Rooms and interior
- Bedrooms:19
- Living area:37,796 sq. ft.
Structure and exterior
- Year built:1922
- Building area:37,796 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$9,850,000
- Price per sq. ft.:$260.61
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