1287-1295 Green Street

Russian Hill
Property Highlights: SOLD
  • Prime Russian Hill Location
  • Seismic Upgrade Recently
  • Long Term Restaurant Tenant
  • Walk Score: 98
  • 4.10% Cap Rate

What this property offers

Selling Price: $4,795,000
Size: +/- 7,092 Sq. Ft.
Building Size: 7,092 Square Feet
Zoning: RH3

This is a MUST-SEE property. This trophy asset is located at the corner of Green and Larkin Street, in the heart of Russian Hill. The building consists of 6 units, five residential and one commercial (currently Amarena Restaurant). The residential units are a mix of 2 and 3 bedroom units. The units are well taken care of, many with period details and some with views and plenty of natural light. 1287-1295 Green Street is very centrally located, with a walk score of 98. Amazing views, trendy urban retail, and exceptional entertainment are only a few highlights of Russian Hill, one of San Francisco’s most iconic neighborhoods.

Russian Hill is so-named for the 1800s discovery of Russian tombstones, thought to be the final resting place of fur traders from a Russian fort north of San Francisco. It is home to Lombard Street, “the most crooked street in the world,” and in fact has several extremely picturesque staircase streets (parts of Vallejo and Green Streets, for example). The views extend from the Bay Bridge to the Golden Gate Bridge and Marin County. Alice Marble and Ina Coolbrith parks offer a serene spot to idle and enjoy the vistas. The Art Institute on Chestnut Street houses one of several controversial Diego Rivera murals in San Francisco. The Institute is in the Spanish Colonial style and dates back to 1926. The famed “Tales of the City” series by Armistead Maupin were inspired by Macondry Lane on Russian Hill. Area residences are some of the most interesting around and many offer amazing panoramas. Russian Hill is also home to many restaurants and great shopping opportunities.

This is a unique opportunity for savvy investors to acquire a trophy asset, with 4.10% in-place cap rate, in a prime San Francisco location.