First time on the market in 25+ years. 1700 Octavia Street is a stunning 35-unit building located in Lower Pacific Heights on the corner of Octavia and Bush Streets. Constructed in 1927, the 7-story concrete building is comprised of one (1) 2-bedroom/1 bathroom, fourteen (14) 1-bedroom/1 bathroom units, and twenty (20) studio units. The corner, two-bedroom unit was tastefully converted from a 1-bedroom. There are banked rents dating back to 2017 which will increase the gross income from $829k to $878k annually. All 35 units face West with expansive views. There is garage parking for five (5) cars. All floors are serviced by an elevator. The units are separately metered for gas and electricity. Lafayette Park, Japantown, Fillmore Street, and Whole Foods are all within a 10-minute walk. Priced at 11.1 GRM and $278k/unit,1700 Octavia Street presents an opportunity to own a true trophy apartment building in the heart of San Francisco.
Property Details
Property Features
Property Information:
Year Built: 1927
Stories: 0
Living Area: 22,300 SqFt
Listing Office:
Office Name: Compass Commercial
Office Phone: (415) 345-3000
Listing Agent: John M Antonini, Amir Hardy CRS
Interior Features
Interior Information:
Flooring Type: Wood
Bedroom and Bathroom Information:
Total Bedroom Count: 16
Exterior Features
Exterior Information:
View: City, City Lights, Downtown
Parking Information:
Garage Space: 5 spaces
Parking: Garage
Lot Features
Lot Information:
Lot: Sidewalk
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Heating: Steam
School Info
Assigned Schools Information:
Galileo High School, Public District Grades 9-12
Wallenberg (Raoul) Traditional High School, Public District Grades 9-12
Mission High School, Public District Grades 9-12
Marina Middle School, Public District Grades 6-8
Carmichael (Bessie)/Fec, Public District Grades KG-8
Lilienthal (Claire) Elementary School, Public District Grades KG-8
San Francisco Public Montessori, Public District Grades KG-5
Sherman Elementary School, Public District Grades KG-5
Marshall Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Corner of Bush + Octavia
Price Information
Listing Price Info
Price Summary:
List Price: $9,750,000
Price Per SqFt: $437/SqFt
Tax Information:
Annual Amount: $57,079
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
San Francisco Public Montessori
2340 Jackson St
Distance between this listing and this school0.49 miles
Public District Grades KG-5
6
/10
Sherman Elementary School
1651 Union St
Distance between this listing and this school0.68 miles
Public District Grades KG-5
3
/10
Marshall Elementary School
1575 15th St
Distance between this listing and this school1.58 miles
Public District Grades KG-5
Middle School
6
/10
Marina Middle School
3500 Fillmore St
Distance between this listing and this school1.07 miles
Public District Grades 6-8
3
/10
Carmichael (Bessie)/Fec
375 7th St
Distance between this listing and this school1.38 miles
Public District Grades KG-8
8
/10
Lilienthal (Claire) Elementary School
3630 Divisadero St
Distance between this listing and this school1.38 miles
Public District Grades KG-8
High School
8
/10
Galileo High School
1150 Francisco St
Distance between this listing and this school1.07 miles
Public District Grades 9-12
8
/10
Wallenberg (Raoul) Traditional High School
40 Vega St
Distance between this listing and this school1.17 miles
Public District Grades 9-12
3
/10
Mission High School
3750 18th St
Distance between this listing and this school1.83 miles
Public District Grades 9-12
Assigned Schools
7
/10
San Francisco Public Montessori
2340 Jackson St
Distance between this listing and this school0.49 miles
Public District Grades KG-5
6
/10
Sherman Elementary School
1651 Union St
Distance between this listing and this school0.68 miles
Public District Grades KG-5
3
/10
Marshall Elementary School
1575 15th St
Distance between this listing and this school1.58 miles
Public District Grades KG-5
Assigned Schools
6
/10
Marina Middle School
3500 Fillmore St
Distance between this listing and this school1.07 miles
Public District Grades 6-8
3
/10
Carmichael (Bessie)/Fec
375 7th St
Distance between this listing and this school1.38 miles
Public District Grades KG-8
8
/10
Lilienthal (Claire) Elementary School
3630 Divisadero St
Distance between this listing and this school1.38 miles
Public District Grades KG-8
Assigned Schools
8
/10
Galileo High School
1150 Francisco St
Distance between this listing and this school1.07 miles
Public District Grades 9-12
8
/10
Wallenberg (Raoul) Traditional High School
40 Vega St
Distance between this listing and this school1.17 miles
Public District Grades 9-12
3
/10
Mission High School
3750 18th St
Distance between this listing and this school1.83 miles
The neighbors living near this home have an average income of $32,822. Residents of San Francisco, CA typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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This home is located at 1700 Octavia St in San Francisco, CA and zip code 94109 in the Western Addition neighborhood. This 22,300 square foot home, which was built in 1927, sits on a 0.08 acre lot. Features: 16 bedrooms. It has been listed on Rocket Homes since June 03, 2024 and is currently priced at $9,750,000.
In October 2024, from all listings sold in San Francisco, CA there were more than 269 sold above asking price, over 121 sold below and more than 34 were sold right at the asked price. Between September 2024 and October 2024, San Francisco, CA real estate market has seen increase in the number of listings by 0.6%. In October 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $1,407,244.
From Rocket Homes Real Estate and based on county public records data.
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
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