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.
MLS #
SF425082850
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
14
Garage/Parking
Garage, Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Gino Franco
Marcus & Millichap
License #: 02027839
Phone: (415) 625-2167
Co-Listing Agent
Sanford Skeie
License #: 00982336
Phone: (415) 625-2153
| # Buildings | # Leased Units | # Total Units | 
|---|---|---|
| 69 | 55 | 69 | 
565 Geary St is a Residential Income in San Francisco, CA 94102. This 37,796 square foot property sits on a 7,962 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $9,850,000 and was built in 1922. This address can also be written as 565 Geary St, San Francisco, CA 94102.
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This listing information is up-to-date as of November 02, 2025. For the most current information, please contact Gino Franco, (415) 625-2167