611 Hyde ST, San Francisco, CA 94109
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611 Hyde ST, San Francisco, CA 94109
611 Hyde ST, San Francisco, CA 94109
611 Hyde ST, San Francisco, CA 94109
611 Hyde ST, San Francisco, CA 94109
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Yevgeni Vlasov

Yevgeni Vlasov

+1(415) 510-1852
Listed by Steven Caravelli Coldwell Banker Commercial Realty
$ 5,600,000
Est. payment /mo
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Open Tue 9AM-11AM

611 Hyde ST San Francisco, CA 94109

17,333 SqFt

Open House

Tue Nov 03, 9:00am - 11:00am

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 17,333 sqft

Price per Sqft $323

MLS Listing ID 426173800

HOA Y/N No

Year Built 1916

Lot Size 5,031 Sqft

Acres 0.1155

Property Sub-Type Mixed Use

Property Description

The Geary-Hyde Apartments present a rare opportunity to acquire a 29-unit mixed-use asset with generational ownership at a prominent Lower Nob Hill corner location. Combining immediate revenue growth potential with long-term operational upside, the property offers investors a clear path to increasing both income and value. The property features spacious studio residences with generous closet space and well-designed kitchens, while the ground-floor commercial spaces provide a diversified income stream independent of residential rent control. Major building systems have been maintained, and the property is compliant with required UMB and fire alarm work, allowing a new owner to focus on executing a straightforward value-add business plan. At the center of the opportunity are 15 vacant units, providing immediate flexibility and control. Investors can capitalize on current rental demand by leasing the units as-is or pursue a renovation program to achieve premium market rents. Strategic upgrades to kitchens, bathrooms, flooring, and lighting can significantly enhance rental income while creating a blueprint for future unit turnovers. Additional long-term value may be realized through utility and operating expense improvements, including the potential conversion of vacant units from master-metered service and transitioning heating systems to reduce ongoing expenses. With substantial vacancy, multiple income streams, and a proven path to higher cash flow, Geary-Hyde Apartments offers the rare combination of immediate upside and lasting investment potential in one of San Francisco's most centrally located neighborhoods.

Location

State CA

County San Francisco

Area Sf District 8

Rooms

Basement Full, Storage Space

Interior

Interior Features Elevator, Formal Entry, Storage

Heating Steam

Cooling None

Flooring Carpet, Linoleum, Tile, Wood

Fireplace No

Appliance Free-Standing Gas Range, Free-Standing Refrigerator

Laundry Common Area

Exterior

Utilities Available Separate Meters (None), City, Electricity Available, Natural Gas Connected

View City Lights

Roof Type Tar/Gravel

Building

Lot Description Corner Lot

Foundation Concrete, Concrete Perimeter

Level or Stories Four

New Construction No

Others

Tax ID 0302008

San Francisco MLS - SFAR

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Yevgeni Vlasov

Yevgeni Vlasov

Broker Associate License ID: 02205775

+1(415) 510-1852

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