1501-1519 Polk Street

San Francisco, CA 94109

$9,300,000
Price
Beds
23,890 Sq. Ft.
$389 / Sq. Ft.
23,890
Sq. Ft.
$389
per Sq. Ft.

Description

Marcus & Millichap presents a rare opportunity to acquire 1501-1519 Polk Street, a landmark mixed-use property nestled in San Francisco's prestigious Nob Hill neighborhood. Gracing the iconic California Street Cable Car line, this 34-unit building, offered for the first time in over four decades, seamlessly blends historical character with modern convenience. Anchored by the legendary Swan Oyster Depot, a culinary institution since 1912, the property enjoys unparalleled visibility and a vibrant tenant...Marcus & Millichap presents a rare opportunity to acquire 1501-1519 Polk Street, a landmark mixed-use property nestled in San Francisco's prestigious Nob Hill neighborhood. Gracing the iconic California Street Cable Car line, this 34-unit building, offered for the first time in over four decades, seamlessly blends historical character with modern convenience. Anchored by the legendary Swan Oyster Depot, a culinary institution since 1912, the property enjoys unparalleled visibility and a vibrant tenant mix. Above the bustling retail spaces, 29 residential units - a mix of studios and one-bedrooms - cater to the city's discerning residents. With recent capital improvements, including a new roof (2018) and upcoming electrical upgrades, this legacy property offers both immediate stability and significant long-term value appreciation potential. Probate sale may be subject to court confirmation. Must include probate addendum.
  1. Listed by Clinton C Textor • DRE #01318639 • Marcus & Millichap
  2. Listed by Angelo Baglieri • DRE #01996324 • Marcus & Millichap

Property Details for 1501-1519 Polk Street

Cross Street
California
Total Parking Spaces
0
LISTING UPDATED: 01/06/2025 12:19 PM

Property Details for 1501-1519 Polk Street

StatusActive
MLS #425000701
Days on Compass1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1914
Lot Size0.16 AC / 6,952 SF
CountySan Francisco County

Building Information for 1501-1519 Polk Street

Stories4Residences34Year Built1914Building Size-Lot Size0.16 AC / 6,952 SF

Property Information for 1501-1519 Polk Street

Summary
Location and General Information
  • Area/District: SF District 8
  • Area Short Display: 8
  • Subdistrict: Nob Hill
  • Location Description: SF District 8, Nob Hill, SF District 8 Nob Hill
Taxes and HOA Information
  • APN: 0643-004
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: None
Property and Assessments
  • Property Condition: Varies by Unit
  • Picture Count: 23
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity, Gas
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Construction Materials: Masonry
  • Stories: 4
Interior Features
  • Heating: Steam
  • Basement: Storage Area, Unfinished
  • Full Bathrooms: 0
  • # of Rooms: 70
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 8
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 8
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 9.42
  • Gross Income Multiplier: 9.42
  • Utilities Expense: 77194.0
Multi-Family Information
  • # Commercial Units: 5
  • Total # Owner Occupied: 0
  • # Studios Occupied: 18
  • # of Studio Units: 21
  • # of Units: 34
  • # Of Units Total: 34
  • # Of Units Vacant: 3
  • # Of Units Leased: 32
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%

Property History for 1501-1519 Polk Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1501-1519 Polk Street

This home is within San Francisco Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Spring Valley Elementary School
PublicK to 5

Marina Middle School
Public6 to 8

Galileo High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1501-1519 Polk Street is a multi-family home for sale in San Francisco, CA 94109. This property was listed for sale on January 6, 2025 by Marcus & Millichap, it's currently listed at $9,300,000. This listing's school district is San Francisco Unified School District. Nearby schools include Spring Valley Elementary School, Marina Middle School and Galileo High School. 1501-1519 Polk Street is a 0-bed, 0-bath, 23,890 sqft multi-family home built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Clinton C Textor, DRE #01318639; Marcus & Millichap, Angelo Baglieri, DRE #01996324

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.