1520 California Street, San Francisco, CA 94109, San Francisco, 94109 - 3 bed, 0 bath
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1520 California Street
San Francisco, CA 94109
ACTIVE
CONDITION: FAIR
3Beds
0Baths
5,649Sq Ft
2,391Lot Size
Property Price
LIST PRICE$3,000,000
SUMMARY
1520 California Street is a 13 unit apartment building excellently located in the coveted Nob Hill neighborhood of San Francisco. The unit mix includes 3 one bedroom apartments and 10 studio apartments, including a penthouse studio with a lovely deck area and views. The units have ample natural light and have been updated to varying degrees. Some of the units boast wonderful period details including hardwood floors, built in cabinets, and Bay windows. Separately metered for gas and electricity. Owner provides steam heat and pays for water and trash. This property presents an attractive opportunity with rental upside for those looking to invest into one of San Francisco's most desirable neighborhoods.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1908, this historic 13-unit building features units that have been updated to varying degrees, indicating some may be dated. It relies on an older centralized steam heating system, and the listing notes rental upside, implying a need for ongoing modernization and minor updates to units and common areas.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Prime Nob Hill Location
Excellently located in one of San Francisco's most coveted and prestigious neighborhoods, ensuring historically high tenant demand and strong long-term asset appreciation.
- Value-Add Rental Upside
The property presents an attractive investment opportunity with significant rental upside, allowing buyers to optimize cash flow as units turn over.
CONSRISKS & DEFICIENCIES
- Owner-Paid Utility Expenses
While units are separately metered for gas and electricity, the owner is responsible for providing steam heat and paying for water and trash, which increases operational overhead.
- Inconsistent Unit Conditions
The units have been updated to varying degrees, indicating that some apartments may require immediate capital expenditure to command top-of-market rents.
About 1520 California Street
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1908
- Lot Size
- 2,391 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Redding Elementary School
Grades K-5 • 0.1 mi
7/10
Spring Valley Elementary School
Grades K-5 • 0.2 mi
6/10
Lau (Gordon J.) Elementary School
Grades K-5 • 0.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.6 |
| Baths | 0.0 | 4.0 |
| Square foot | 5,649 | 3,221.149 |
| Lot Size | 2,391 | 2,766.255 |
| Price | $3.00M | $2.13M |
| Price per sq ft | $531 | $697 |
| Built year | 1908 | 1925 |
| HOA | $0 | $0 |
| Days on market | 29 | 53 |
Pricing History
Listed for Sale
Sep 25, 2026
$3,000,000
Initial Listing
Sold
Jan 12, 1996
$908,000
Public Record