611 Hyde St, San Francisco, CA 94109

The Geary-Hyde Apartments present a rare opportunity to acquire a 29-unit mixed-use asset with generational ownership at a prominent Lower Nob Hill corner location. Combining immediate revenue growth potential with long-term operational upside, the property offers investors a clear path to increasing both income and value. The property features spacious studio residences with generous closet space and well-designed kitchens, while the ground-floor commercial spaces provide a diversified income stream independent of residential rent control. Major building systems have been maintained, and the property is compliant with required UMB and fire alarm work, allowing a new owner to focus on executing a straightforward value-add business plan. At the center of the opportunity are 15 vacant units, providing immediate flexibility and control. Investors can capitalize on current rental demand by leasing the units as-is or pursue a renovation program to achieve premium market rents. Strategic upgrades to kitchens, bathrooms, flooring, and lighting can significantly enhance rental income while creating a blueprint for future unit turnovers. Additional long-term value may be realized through utility and operating expense improvements, including the potential conversion of vacant units from master-metered service and transitioning heating systems to reduce ongoing expenses. With substantial vacancy, multiple income streams, and a proven path to higher cash flow, Geary-Hyde Apartments offers the rare combination of immediate upside and lasting investment potential in one of San Francisco's most centrally located neighborhoods.