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1249-1253 Jackson Street

San Francisco, CA 94109

Listing Price: $1,912,500

A rare opportunity to own a  value-add multi-family property in one of San Francisco’s most desirable neighborhoods.


Whether you’re an investor seeking strong rental income or a developer looking for a blank canvas, this three-story property, each with 3 bedrooms and 1 split bath, offers incredible upside potential with vacant top and bottom units ready for modernization.

Why This Property?

Investment & Value-Add Potential

  • Owner-User Opportunity – Live in the top-floor unit while generating rental income from the other two units.
  • Rental Income – Minor renovations can significantly increase rental yields, maximizing your investment returns. Upgrading the façade, backyard, and common areas could further boost the property’s long-term value.
  • TIC Conversion Possibility – Explore the potential of converting the building into Tenancy in Common (TIC) units.
  • Additional Income Streams – Unlock value by adding or renting storage lockers in the basement.

A Blank Canvas for Investors & Contractors

This property is an exceptional opportunity for those looking to implement their vision.


  • Investors and developers can modernize the vacant units, enhance the building’s frontage, and add premium amenities such as rentable storage lockers to maximize returns.
  • Alternatively, those seeking minimal work can perform simple upgrades to the vacant units and immediately achieve market rents.

Unmatched Location

Situated in Nob Hill, this property places you in the heart of San Francisco, surrounded by historic charm, upscale dining, and iconic attractions.


Enjoy the best of city living with Union Square, Chinatown, and Fisherman’s Wharf just moments away.


Public transportation options are abundant, making commuting a breeze.

Property Details

  • Property Type: Multi-Family (3 Units)
  • Neighborhood: Nob Hill
  • Size: 4,500 SF (Building) | 3,438 SF (Lot)
  • Year Built: 1909
  • Zoning: RH3
  • Unit Mix: Three 3-bedroom, 1 split-bath flats
  • Vacancy: Top and bottom units are vacant (ideal for immediate updates). Middle unit is leased, and garage is leased to middle unit.

Rental Income Potential

  • Current Market Rent Estimate: ~$12,900/month (all units)
  • Middle unit is already leased, providing immediate cash flow
  • Significant upside potential with minor renovations to achieve higher rents

Inside the Units

Each unit boasts classic San Francisco charm with hardwood floors, fireplaces, and abundant natural light. Features include:

  • Kitchen: Gas stoves, wood cabinetry, single-basin stainless steel sinks, and a pantry/laundry room with washer/dryer hookups.
  • Living & Dining: Flexible layouts with potential for a family room, dining room, or office.
  • Bathrooms: Tile flooring with shower-over-tub configurations.
  • Bedrooms: Carpeted with ample space and natural light. Also has baseboard heat or gas wall heat. One of the bedrooms in each of the units would also make a great family room, dining room, or office
  • Outdoor Space: Backyard is accessible directly from lower unit and is accessible by other units via back stairs
  • Basement: Large and unfinished


  • A Neighborhood That Sells Itself

    Living in Nob Hill means being steps away from some of the best dining, bars, and cultural attractions San Francisco has to offer. The property is perfectly positioned to leverage San Francisco’s vibrant market, boasting excellent accessibility and strong rental demand. Things to do within walking distance:

    Restaurants

    Kokkari Estiatorio

    Trestle

    Cotogna

    BIX

    Wayfare Tavern

    Roka Akor


    Bars

    Comstock Saloon

    15 Romolo

    Tosca Cafe

    The Devil’s Acre

    Redwood Bloom

    Vesuvio Cafe

    Attractions

    Union Square

    Chinatown

    North Beach

    Fisherman’s Wharf

    Russian Hill Park

    Exploratorium

    Seize This Rare Opportunity


    With two vacant units, prime location, and incredible value-add potential, this 3-story property won’t last long. Whether you're looking to live, invest, or renovate, this is a golden opportunity.


    For more details or to schedule a tour, please contact here

    NORM NG

    CA DRE# 01821209

    Agent

    (415) 385-3468

    norman@bancalsf.com

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