Mehrfamilienhaus In San Francisco

1067-1071 Union sits at the upper crest of Russian Hill, one block from the Hyde Street cable car. Two buildings on a single lot with frontage on both Union Street and Macondray Lane: five full-floor flats over a three-car garage. Three units carry Union Street addresses (1067, 1069, 1071); two units are addressed directly on Macondray Lane (128 and 130), the pedestrian , half block street that has anchored this part of Russian Hill since the 1880s. Each flat is a full-floor 5-room floor plan averaging 1,215 square feet*. The units run meaningfully larger than the typical San Francisco two-bedroom and can be configured as a 2 or 3-bedroom layout. Built in 1908, wood-frame construction with hardwood floors and original period detail throughout. In-place rents sit materially below market, with generous upside in the rental income available through turnover.