
San Francisco, CA 94102
Analysis of 270 Turk Street, San Francisco, CA 94102 is currently available with a list price of $11,600,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Property is move-in ready.
While the building dates to 1927, the interior units show significant renovations likely completed within the last 5-15 years. Photos reveal modern dark cabinetry, updated flooring, and functional kitchens with dishwashers and white appliances. The common areas and exterior appear well-maintained, making the property move-in ready for tenants despite its chronological age.
With 86 units comprising 68 studios and 18 one-bedrooms, this asset provides rare large-scale density in a single building, offering investors significant operational efficiency and market presence.
The property features below-market rents and opportunities for expense optimization, providing a clear path to increased Net Operating Income (NOI) and long-term capital appreciation.
Ideally situated near Union Square and major transit corridors like Market Street, the location ensures consistent tenant demand from San Francisco’s urban workforce and commuters.
Located in the Tenderloin, the property faces localized socio-economic challenges that may require more intensive property management and impact certain tenant demographics.
As a 1927 construction, the building may require ongoing capital expenditures for system upgrades and maintenance to remain competitive and compliant with modern building standards.
270 Turk Street presents a rare opportunity to acquire a large-scale multifamily asset in the heart of San Francisco's Tenderloin neighborhood, offering investors significant scale, in-place income, and operational upside in a centrally located, transit-oriented location. The property consists of eighty-six (86) units, including sixty-eight (68) studios and eighteen (18) one-bedroom units, within a well-maintained, elevator-served building spanning approximately 47,054 square feet on a 6,875 square foot lot. Constructed in 1927, the building features classic San Francisco architectural character complemented by functional unit layouts designed to maximize livability. Many units benefit from natural light and efficient floorplans, while the property is supported by key amenities including an elevator, secured entry, and on-site laundry, creating a stable and service-oriented residential environment. The asset has historically operated with supportive housing components, providing additional income streams through subsidies and service-related revenue, further enhancing income stability. The property is ideally located near Union Square, Civic Center, and major transportation corridors including Van Ness Avenue and Market Street, providing tenants with immediate access to employment hubs, retail, dining, and public transit throughout the city. The surrounding neighborhood continues to benefit from public and private investment, reinforcing long-term demand for centrally located housing with convenient access to transit and services. 270 Turk Street offers investors a compelling opportunity to acquire a high-unit-count asset with strong in-place income and substantial operational upside. With current rents below market and expenses that can be optimized relative to historical operations, the property presents a clear path to increased cash flow and long-term value creation in one of San Francisco's most centrally located rental markets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 18.0 | 1.0 | 97% |
| Baths | 0.0 | 1.0 | 3% |
| Square foot | 47,054 | 749 | 97% |
| Lot Size | 6,875 | 15,582 | 35% |
| Price | $11.60M | $720.0K | 97% |
| Price per sq ft | $247 | $1.0K | 3% |
| Built year | 1927 | 1996 | 19% |
| HOA | $0 | $800 | 3% |
| Days on market | 44 | 183 | 3% |
Apr 23, 2026
$11,600,000
Initial Listing
Mar 19, 2019
$18,850,000
Public Record