$8,900,000
PENDING

1501 1519 Polk St San Francisco, CA 94109

Russian Hill Neighborhood

Estimated payment $57,300/month

8 Beds
-- Bath
23,890 Sq Ft
$373 Price per Sq Ft

Highlights

  • 0.16 Acre Lot
  • 2-minute walk to Hyde And Broadway
  • 1-minute walk to Helen Wills Playground
  • Yick Wo Elementary School Rated A
  • Heating System Uses Steam

About This Home

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.

Listing Agent

Ernesto Baglieri

Marcus & Millichap License #01996324 Listed on: 07/14/2025

Co-Listing Agent

Clinton Textor

Marcus & Millichap License #01318639

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,952 Sq Ft Lot

Home Design

  • Mixed Use
  • Masonry

Interior Spaces

  • 23,890 Sq Ft Home
  • 4-Story Property
  • Unfinished Basement

Utilities

  • Heating System Uses Steam
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 0643-004

Community Details

Overview

  • 34 Units

Building Details

  • 32 Leased Units
  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Mixed Use
  • Property Condition: Varies By Unit
  • Stories: 4
  • Year Built: 1914
  • Number Commercial Units: 5
  • Special Features: None

Interior Features

  • Basement: Storage Area, Unfinished
  • Number Of Rooms: 70
  • Price Per Square Foot: 372.54
  • Square Footage: 23890.00

Exterior Features

  • Construction Materials: Masonry

Utilities

  • Heating: Steam

Fee Information

  • Utilities Expenses: 77194

Lot Info

  • Assessor Parcel Number: 0643-004
  • Lot Features: None
  • Lot Size Acres: 0.1596
  • Lot Size Sq Ft: 6952.00
  • Lot Size Units: SqFt
  • Price Per Acre: 55764411.03

Building Info

  • Number of Units Total: 34

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 3
  • Gross Rent Multiplier: 9.08
  • Gross Income Multiplier: 9.010
  • Number Of1 Bedrooms Occupied: 8
  • Number of 1 Bedroom Units: 8
  • Number of Studio Units: 21
  • Number Of Units Leased: 32
  • Number Studios Occupied: 18
  • Separate Meters: Electricity, Gas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $8,900,000 -- $373 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 425057596

San Francisco Association of REALTORS® MLS
California San Francisco County San Francisco 94109 Russian Hill

1501 1519 Polk St, San Francisco, CA

This home is located at 1501 1519 Polk St, San Francisco, CA 94109 and is currently priced at $8,900,000, approximately $372 per square foot. This property was built in 1914. 1501 1519 Polk St is a home located in San Francisco County with nearby schools including Yick Wo Elementary School, Francisco Middle School, and Saint Brigid Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Ernesto Baglieri
Section Image
Marcus & Millichap
(415) 873-4954