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Nine-Unit Apartment Building
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1123 Clay St, San Francisco, CA 94108

Nine-unit, three-story wood-framed and stucco apartment building with individually metered gas and electric services.

Property SizeContact for details
Days on Market126

Property Features for 1123 Clay St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Marcus & Millichap - San Francisco
Listed By: Benjamin Elias · License #02048524
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 12:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - San Francisco

Investment Insights

Based on property information with market context.

This nine-unit apartment building at 1123 Clay Street is a three-story wood-framed and stucco property on a concrete foundation, originally constructed in 1921. The unit mix includes two studios, six one-bedroom units, and one one-bedroom plus office unit. Units are individually metered for gas and electric. Four of the units have been recently updated with hardwood floors, tankless water heaters, and stone countertops.

The property is located in Nob Hill between Taylor Street and Mason Street, with easy access to a range of nearby destinations and public transportation. The remarks note a Walk Score of 99 and a Transportation Score of 100, including access to the San Francisco Cable Car.

The building’s configuration and recent in-unit upgrades provide a clear basis for a value-focused residential income investment, with multiple unit types to support tenant demand.

Key Highlights

  • Nine‑unit, three‑story wood‑framed and stucco apartment building originally constructed in 1921
  • 5,076 sq ft building on a 1,912 sq ft lot; concrete foundation
  • Unit mix: two studios, six 1‑bedroom units, and one 1‑bedroom + office unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Buffet Carpet & Flooring Store Clothing & Fashion Store Pet Grooming Service Adult Day Care Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

26,103
Businesses Nearby

Demographics for 94108, CA

13,097
Population
7,730
Households
1.7
Avg Household Size
42
Median Age
45%
College-Educated
76%
High-School Grad
0.3 sq mi
ZIP Area
43,657
Density / Sq Mi
$63,864
Median Household Income
$53,617
Median Earnings
$1,562
Median Rent
$1,207,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Nine-unit, three-story wood-framed and stucco apartment building with individually metered gas and electric services.
Where is this apartment building located?
The property is located at 1123 Clay St San Francisco, CA.
What are key features of this property?
This property features: Nine‑unit, three‑story wood‑framed and stucco apartment building originally constructed in 1921; 5,076 sq ft building on a 1,912 sq ft lot; concrete foundation; Unit mix: two studios, six 1‑bedroom units, and one 1‑bedroom + office unit
More about this property
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