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1016 Washington StreetSan Francisco, CA 94108

For Sale

$1,850,000

Smart Buyer Rebate $18,500

Well-located multifamily investment opportunity in the heart of Nob Hill, offering investors the chance to acquire a boutique asset in one of San Francisco€s most iconic and centrally positioned neighborhoods, known for its historic charm, strong rental demand, and proximity to major employment and lifestyle hubs. 1016 Washington Street is ideally situated just steps from renowned Nob Hill landmarks including Grace Cathedral, Huntington Park, and the Masonic Auditorium, while also within walking distance to the vibrant dining, retail, and nightlife destinations of Polk Street, North Beach, Chinatown, and Union Square. The property benefits from exceptional connectivity, with convenient access to multiple public transportation lines along nearby Mason, Powell, Clay, Sacramento, and California Streets, as well as regional transit options throughout the city. The property consists of four (4) well-proportioned two-bedroom, one-bath units within an approximately 2,814 square foot building constructed in 1907. Units feature functional layouts with hardwood flooring, spacious living areas, and large closets, along with updated kitchens equipped with quartz countertops, wood cabinetry, gas stoves, and modern appliances. Bathrooms offer tile flooring, tub/shower combinations, and updated finishes, creating a comfortable and appealing living environment. 1016 Washington Street presents investors with stable in-place income, supported by a strong foundation of units already performing at competitive market rents, while still offering meaningful rental upside. The property is also uniquely positioned for a Tenancy in Common (TIC) exit strategy, creating an attractive value-add opportunity in a highly desirable Nob Hill location with continued long-term tenant demand.

Listed by Adam Vincente Carosso

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License #02122807

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Colliers International

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7883100

Last updated March 25, 2026

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Source: SFAR #426114523

Listing Facts

  • TypeMulti-family
  • NeighborhoodNob Hill
  • Days on Prevu87
  • Size2,814 sqft
  • Price per sqft$657

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

03/23/2026
Listed by Colliers International
$1,850,000

Property Details for 1016 Washington Street

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Year Built: 1911

Measurements

  • Lot Features: Sidewalk
  • Lot Size Acres: 0.03
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 1,572
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.41

Taxes

  • Parcel Number: 0191-007

Interior

Features

  • Flooring: Tile, Wood

Measurements

  • Living Area: 2,814
  • Living Area Source: Assessor Agent-Fill

Rooms

  • Rooms Total: 22

Utilities

Equipment

  • Heating: Gas
  • Laundry Features: In Each Unit, Varies By Unit

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1016 Washington Street.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,814 sqft.

1016 Washington Street is a -bedroom multi-family home for sale in San Francisco CA 94108. On Prevu for 87 days at $1,850,000. This home features 2,814 square feet of living space, located in San Francisco. The median listing price for multi-family homes in this area is $1,645,000. The home offers pets allowed and parking. Explore more multi-family home listings in San Francisco.

Based on information from San Francisco Association of REALTORS® and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.