Developer Buys Value Add Nob Hill Property
SAN FRANCISCO, CA -- (10/26/2024) -- Colliers is pleased to announce the recent sale of a prominent residential property at 1449 Hyde Street in San Francisco’s Nob Hill neighborhood to a local developer.
Known for its luxurious charm and sweeping views, Nob Hill is among the city’s most sought-after residential areas. This particular transaction underscores Colliers’ expertise in high-value real estate transactions, positioning both the seller and the buyer for future success in one of the city's most storied locales.
The property, situated between Jackson and Washington Streets, comprises six spacious one-bedroom, one-bathroom units. It is within walking distance of some of San Francisco’s most celebrated landmarks, including Grace Cathedral, the prestigious Fairmont Hotel, and Huntington Park’s serene, tree-lined grounds. With its iconic appeal and rich history, Nob Hill offers residents a unique blend of urban convenience and cultural vibrancy.
In addition to breathtaking views of the Golden Gate Bridge and Marin Headlands, 1449 Hyde Street includes a rare 20-foot ceiling garage, enhancing the property’s appeal and adding considerable value. Each apartment offers ample storage and amenities that reflect the neighborhood's renowned elegance and charm.
With this sale, the local developer is poised to capitalize on the potential this location offers, r by revitalizing the property for prospective residents and implementing upgraded finishes to the apartments.
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