865 North Point St

Russian Hill and Fisherman’s Wharf are coveted neighborhoods in San Francisco, known for their distinctive charm and desirable amenities. Perched atop a picturesque hill, Russian Hill offers stunning views of the Bay, Alcatraz, and the Golden Gate Bridge. Residents enjoy renowned dining, upscale boutiques, and an abundance of parks nearby. Fisherman’s Wharf, situated along the waterfront, embodies the city’s maritime history. With iconic restaurants such as Alioto’s, Scoma’s, and Boudin Bakery, the neighborhood is a haven for culinary enthusiasts. The area also boasts proximity to historical sites like the Maritime National Historical Park and the Aquarium of the Bay. Both neighborhoods offer unique living experiences, blending historic architecture, diverse dining options, and recreational spaces. Whether exploring the cable car-lined streets of Russian Hill or savoring seafood delights at Fisherman’s Wharf, tenants are drawn to these neighborhoods for their quintessential San Francisco appeal.865 North Point Street is a 6-unit multifamily property in the Russian Hill District of San Francisco. The property consists of four 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units. Key features include bright skylights in top-floor units, a mix of central and wall heating systems, and interior updates to select units. Common amenities comprise a six-car parking garage - one of which is a private parking space, coin-op laundry machines, additional storage space, and a modest backyard. In 2016, ownership completed soft story retrofits, followed by exterior repairs in 2023. Electrical and gas utilities are separately metered. The Russian Hill District boasts iconic landmarks, stunning bay views, and a charming blend of historic architecture. Residents enjoy the vibrant Polk Street scene, nearby parks with unbelievable views like Ina Coolbrith Park, and easy access to cultural gems like the Cable Car Museum. The investment appeal of the property is its outstanding location and its stabilized tenancy.