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1595 Noe Street, 
San Francisco, CA 94131

$3,050,000


6

Beds


—

Bath


7,290

Sq Ft


Multi-Family

Active

Listed by

Gino V Franco

, 

Sanford Skeie

Marcus & Millichap

Last updated:

October 30, 2026, 05:45 AM

MLS#

426171686

Source:

CABCREIS

About This Home

1595 Noe Street

Situated on a prominent corner in the heart of Noe Valley, 1595 Noe Street presents an exceptional opportunity to acquire an 11-unit multifamily property in one of San Francisco's most desirable residential neighborhoods. Originally constructed in 1928, the building encompasses approximately 7,290 square feet and benefits from an attractive corner setting, a highly sought-after location, and substantial opportunities for future value creation. Offered at $3,050,000, or approximately $277,273 per unit, the property provides investors with an attractive combination of immediate cash flow and significant rental upside. The building currently generates $149,257 in annual net operating income, representing a 4.89% in-place capitalization rate. Existing residential rents total approximately $19,044 per month, compared to estimated market rents of $32,800, reflecting a 42% discount to market. This considerable loss-to-lease presents an opportunity for long-term income growth as units turn over and rents are brought closer to market levels, subject to applicable rental regulations. Beyond the rental upside, the property offers several additional avenues for value creation. A spacious four- to five-car garage will be delivered vacant, providing immediate flexibility for a new owner, while several existing unwarranted units present further potential for investors willing to explore their legal status and opportunities for improvement or legalization, subject to City approvals. Together, these features offer multiple paths to enhance the property's utility, income, and overall value. On a stabilized basis, the property is projected to generate approximately $301,371 in annual net operating income, representing a compelling 9.88% pro forma capitalization rate. With its strong corner location, substantial rental upside, vacant garage, and additional improvement potential, 1595 Noe Street offers a rare opportunity to acquire a well-located San Francisco apartment building with meaningful value yet to be realized.

Home Facts

Multi-Family

6 Bedrooms

Built in 1928

Price Summary

3,050,000

$418 per Sq. Ft.

MLS #:

426171686

Last Updated:

October 30, 2026, 05:45 AM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Interior

Living Area:

7,290 Sq. Ft.


Structure

Structure

Building Area:

7,290 Sq. Ft.

Year Built:

1928


Lot

Lot Size (Sq. Ft):

3,044


Finances & Disclosures

Finances

Price:

$3,050,000

Price per Sq. Ft:

$418 per Sq. Ft.

Source:CABCREIS
The information being provided by San Francisco Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the San Francisco Association of REALTORS. 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. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by San Francisco Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.