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45 Units | Lower Nob Hill

698 Bush St, Lower Nob Hill, San Francisco,
California, 94109
$12,200,000 Sold
Multi-Family

Description

698 Bush Street is a beautiful 45 unit building in one of the hottest rental neighborhoods of San Francisco. The building includes 28 One-Bedroom/One-Bath Units and 17 SRO Units (two with full baths). The building was constructed in 1907 and boasts a recently completed full building electrical upgrade, a fresh coat of interior paint and new carpeting and lighting throughout the common areas. Security cameras have been installed in common areas. The common area bathrooms have been renovated. The units have excellent floor plans, beautiful architecture and great natural light. Some units have city views and all units are separately metered for PG&E.
698 Bush Street is an incredibly rare investment opportunity, with unmatched locational amenities and close proximity to Union Square and the Financial District of San Francisco. Fantastically located in the Downtown/Lower Nob Hill area, it is considered one of the best and most desirable neighborhoods. Nearby are many fine restaurants, bars and upscale hotels including the Fairmont, the Ritz-Carlton and Mark Hopkins. The Cable Cars run up and down Powell Street in front of the building adding to its vintage charm and appeal. Public transportation via MUNI and BART is very accessible. The location provides easy access to top employers and boasts a highly educated work force in one of the top performing apartment markets in the country. Nearby employers include technology companies such as Reddit, Zendesk, Yelp, WeWork and Salesforce. The San Francisco Bay Bridge and freeways are within a short driving distance.