970 Post Street
970 Post Street presents a well-located 29-unit multifamily investment opportunity in San Francisco’s Lower Nob Hill neighborhood—an established urban enclave known for its dense amenities, strong transit connectivity, and proximity to Downtown, Union Square, and Polk Street retail corridors. The property benefits from consistent rental demand driven by its central location and walkability to restaurants, cafes, grocery stores, and major employment hubs.
Constructed in 1910, the approximately 22,310 square foot building features a diverse unit mix of 12 studios, seven 1-bedroom/1-bath units, and ten 2-bedroom/1-bath units. The apartments offer classic San Francisco architectural details including hardwood and carpeted flooring, crown molding, built-in cabinetry, large windows providing ample natural light, and center-mounted pendant lighting. Kitchens are equipped with granite countertops, wood cabinetry, and modern appliances, while bathrooms feature clawfoot tubs, hexagon tile flooring, mirrored vanities, and window or fan ventilation.
The property is separately metered for gas and electricity and has completed CMB seismic upgrades, as well as compliance with the Fire Alarm Sleeping Room Ordinance. The brick façade, concrete foundation, steam heat system, and secure entry further support long-term operational stability.
Property Description
With significant in-place rents below market across much of the rent roll, 970 Post Street offers investors a compelling value-add opportunity through systematic rent growth while maintaining a stabilized income stream in a highly sought-after central San Francisco location.
Key Property Information
| Listing Status: | Sold |
|---|---|
| Sold Date: | 15-05-2026 |
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $6,400,000 |
| No. of Units: | 29 |
| Cap Rate: | 5.17% |
| GRM /GIM: | 11.04 |
| Year Built: | 1910 |
| Building Size: | 22,310 Sq ft |
| Lot Size: | 9,452.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $234,483 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Dustin Dolby | 415-288-7869 | [email protected] |
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