Multi Family In San Francisco

Urban Capital is pleased to present 655 Hyde Street, a 14-unit multifamily asset located in Nob Hill. This well-maintained building features an elegant arched entry, ornate cornice work, and other period detailing. The property is 100% occupied and delivers a 5.1% cap and 10.69 GRM on in-place income, with an efficient all-studio and one-bedroom mix, RUBS in place, and on-site laundry. Primely located to benefit from the downtown employers driving San Francisco’s hiring recovery, the building’s 98 Walk Score puts residents steps from Whole Foods, Trader Joe’s, and the neighborhood’s best dining and retail. Priced at $239K/unit and $422/SF with over 35% rent roll upside, 655 Hyde offers a low-basis entry into a recovering market with significant turnover-driven rent growth and low repositioning risk.