About 1192 Pacific Avenue
This is a rare opportunity to acquire a well-maintained six-unit mixed-use building in the heart of Nob Hill.Situated on a corner lot, the property features four spacious three-bedroom, one-bath flats and two retail spaces. One of the residential units will be delivered vacant, allowing a new owner to take advantage of the strong rental market. The corner flats benefit from excellent natural light, high ceilings, decorative fireplaces, and classic architectural charm. Each apartment includes in-unit laundry, forced air heating, individual water heaters, and separate gas and electric meters, keeping operating expenses minimal. Both retail units are fully leased at market rates. The corner retail space is occupied by Dapper, an upscale market and wine shop that recently completed a stylish and high-quality buildout. The location offers a quiet neighborhood feel while remaining close to shopping, restaurants, and nightlife. Offered at a compelling 6.6% cap rate, this property represents strong value in a prime San Francisco location.
