1968 Post Street, San Francisco, CA 94115, San Francisco, 94115 - 18 bed, bath
1968 Post Street
San Francisco, CA 94115
Property Price
SUMMARY
Analysis of 1968 Post Street, San Francisco, CA 94115 is currently available with a list price of $2,895,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1905, the property is described as well-maintained, and the exterior appears in good condition. However, the interior images reveal significantly outdated kitchens and bathrooms with older appliances, basic cabinetry, and dated tile/fixtures. While clean and functional, these areas require substantial updates to meet current aesthetic and quality standards. Other living areas feature classic hardwood floors, but the overall impression is of a property that has been maintained through regular upkeep but has not undergone major renovations in the last 30+ years, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Accessibility
Situated on a prime corner in Lower Pacific Heights, offering excellent walkability to amenities, employment centers (UCSF), and major public transit lines.
- Strong Income Generation
The property boasts a robust annual gross income exceeding $264,000, indicating a solid return on investment potential.
- Well-Maintained & Managed
Described as a well-maintained building that is professionally managed, suggesting operational efficiency and reduced immediate owner burden.
CONSRISKS & DEFICIENCIES
- Age of Building
Constructed in 1905, the property may require significant future capital expenditures for updating aging infrastructure and systems, despite current maintenance.
- High Capital Investment
The list price of $2.895 million represents a substantial capital outlay, potentially limiting the pool of prospective investors.
- San Francisco Regulatory Environment
As a multi-unit property in San Francisco, it is subject to stringent rent control and tenant protection laws, which can impact rental income growth and management flexibility.
About 1968 Post Street
1968 Post Street is a well-maintained six (6) unit apartment building located at the corner of Post and Steiner Streets in San Francisco's Lower Pacific Heights. The 8,271 square foot property features a mix of five- and six-room flats and generates over $264,000 in annual gross income. The building has been professionally managed, is separately metered for gas and electricity, and includes in-unit laundry in five of the six units. The property is within walking distance of Upper and Lower Fillmore, Japantown, and UCSF Medical Center. The property offers tenants excellent access to neighborhood amenities and major transit lines, including the 38 Geary and 22 Fillmore. Its central location contributes to its desirability. With its prime corner location, classic architecture, and strong in-place income, 1968 Post Street offers investors a rare opportunity to own a quality asset in one of San Francisco's most convenient rental locations.
Property Details
Public Facts
- Property Type
- Multi Family
- Year Built
- 1905
- Lot Size
- 3,023.06 Sq. Ft.
Interior
- Total Bedrooms
- 18
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 18.0 | 6.0 | 75% |
| Baths | - | 4.0 | 25% |
| Square foot | 8,271 | 3,592.5 | 75% |
| Lot Size | 3,023.06 | 2,818.33 | 50% |
| Price | $2.90M | $3.46M | 50% |
| Price per sq ft | $350 | $590 | 50% |
| Built year | 1905 | 1903 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 327 | 229 | 0% |
Pricing History
Listed for Sale
Apr 14, 2025
$2,895,000
Initial Listing