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$8,000,000
13 Beds 426136882 MLS
36-52 Calhoun Terrace is a rare and architecturally significant 11-unit apartment building cascading down the eastern slope of Telegraph Hill with sweeping bay, waterfront, and city views. Originally constructed in the late 1930s as the Hoeffler Building,'' this unique multifamily property was designed to step dramatically down the hillside in the style of a Swiss mountainside village. Located on secluded Lower Calhoun Terrace, a hidden WPA-era street at the eastern end of Union Street, the property offers exceptional privacy, tranquility, and a setting more reminiscent of a European hillside enclave than an urban environment. Building features 11 distinctive residences ,a well-balanced unit mix of nine one-bedroom residences (six with bonus rooms) and two two-bedroom residences with bonus rooms. Each unit enjoys private outdoor space, abundant natural light, and remarkable views, while several feature expansive view decks. Rich in San Francisco history, Apartment 42 was home to Frida Kahlo and Diego Rivera in 1939-1940 while Rivera was creating his celebrated Pan American Unity mural. Adjacent to the historic Kahn House by renowned architect Richard Neutra, the property combines architectural significance with convenient access to North Beach, Russian Hill, Jackson Square, the Embarcadero, Coit Tower, Washington Square Park, Chinatown, and the Financial District via the nearby Montgomery, Filbert, and Greenwich Street Steps. Current metrics include approximately $444,716 NOI, a 5.56% cap rate, and a 12.92 GRM, with long-term rental upside through future turnover and rent optimization. A truly generational investment opportunity in one of San Francisco's most tightly held and historically significant neighborhoods.

36-52 Calhoun Terrace, San Francisco

$2,995,000
4 Beds 426141124 MLS
A truly rare San Francisco offering perched on a quiet cul-de-sac in the heart of Telegraph Hill, 12 & 12A Reno Place present a rare opportunity to own two exceptional view units in one of San Francisco's most iconic neighborhoods. Tucked away on a charming and gated, hidden lane, these condominiums offer breathtaking vistas spanning the San Francisco Bay, city skyline, Coit Tower, and the Golden Gate Bridge. The property enjoys an unparalleled combination of privacy, character, and world-class views. Both residences showcase the timeless appeal of North Beach living, with abundant natural light, flexible living spaces, and a seamless connection to the surrounding cityscape, creating a breathtaking backdrop from sunrise to sunset. Expansive windows frame postcard-worthy outlooks, while the intimate setting creates a peaceful retreat just moments from North Beach, the Embarcadero, Washington Square Park, Jackson Square and San Francisco's renowned dining and cultural destinations. 12 Reno Place offers beautiful and special living spaces including a spectacular view roof deck with 270* views and a gas BBQ ideal for large scale entertaining, highlighted by dramatic view corridors and classic San Francisco charm. 12A Reno Place provides an equally compelling living space with a private rear outdoor space. These condos are stylish residences, perfect as a primary home, pied-terre, or investment property. The unique configuration allows buyers to enjoy multi-generational living, income potential, or the flexibility of owning two residences. A truly special offering where privacy, views, and location converge. Experience the magic of North Beach from one of San Francisco's most coveted hidden enclaves. Whether purchased as a multi-generational compound or live in one and rent out the other this property offers remarkable versatility. Situated moments from San Francisco's finest dining, cafes, and cultural attractions, this location embodies the best of city living. Properties offering two legal residences with iconic views, flexible use options, and an irreplaceable location rarely come to market. 12 & 12A Reno Place represent an extraordinary opportunity to own a piece of San Francisco's skyline and lifestyle.

12 Reno Place, San Francisco