565 Geary ST San Francisco, CA 94102 Pending

UPDATED: 02/16/2026 08:31 PM ON SITE: 142 days on site

$9,850,000

19 Beds37,796 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 37,796 sqft

Price per Sqft $260

MLS Listing ID 425082850

Bedrooms 19

HOA Y/N No

Year Built 1922

Lot Size 7,962 Sqft

Acres 0.1828

Property Sub-Type Mixed Use

Property Description

565 Geary Street is a six-story mixed-use apartment building in San Francisco's Downtown district, just two and a half blocks from Union Square. The property features 69 residential units, three ground-floor retail spaces, five offices, and a 21-car valet garage spanning two parcels, including the adjacent lot at 549 Shannon Alley. Unit mix: 40 studios, 7 junior one-bedrooms, 12 one-bedrooms, a two-bedroom penthouse, and a three-bedroom, two-bath unit converted from former office space. Major upgrades include a $400,000 elevator rebuild, new fire horn system, and a five-year-old modified bitumen roof. Interiors feature new carpet, lighting, and mailboxes. The steam boiler-heated building offers coin-op laundry, separately metered gas, and master-metered electricity with a 800-amp main. About 10% of units are fully remodeled, 30% have updated baths, and 10% have new kitchens. The garage is leased to a third party with strong parking demand. Professionally managed and fully performing, the property generates strong in-place income with upside through turnover and modernization. Offered at $9,850,000, 565 Geary represents a 6.6% cap rate in one of San Francisco's most dynamic neighborhoods.