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1690 BroadwaySan Francisco, CA 94109
The Grosvenor Atrium
Asset ClassMultifamily
overview of deal

Overview

Pacific West Group, as exclusive agent for ownership, is pleased to present the opportunity to acquire 1690 Broadway “Grosvenor Atrium” — a premier multifamily asset positioned at the corner of Broadway and Franklin in the heart of San Francisco’s highly sought-after Pacific Heights neighborhood. This offering presents a rare opportunity to purchase this significant asset for the first time in 50 years. The property benefits from exceptional neighborhood fundamentals, strong resident demand, and proximity to key lifestyle corridors including Polk Street, Union Street, and the Marina District.

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Investment Highlights

Premier Pacific Heights Location: Ideally positioned corner property in the heart of Pacific Heights, while walking distance to Polk St (Russian Hill), Union St (Cow Hollow / Marina). Exceptional Views: Upper-floor north facing residences feature sweeping views of the waterfront & Golden Gate Bridge. Strong In-Place Occupancy & Cash Flow: Strong in-place occupancy with stable cash flow and efficient operations provides investors with durable, day-one income. Compelling Value-Add Upside: Opportunity to modernize interior finishes and further enhance rental income and overall asset value within one of San Francisco’s top-performing residential submarkets. Significant Recent Capital Improvements: Ownership has invested meaningfully in the property, including (but not limited to):

• New fire alarm and fire suppression systems including sounders in each units

• New dual-pane windows

• Three (3) new high-efficiency water heaters Tenant-Focused Amenity Offering: Pet-friendly policies, two (2) secure, gated parking garages, full-service gym

including a sauna & whirlpool tub, storage & onsite laundry facility. Close proximity to Union St retail and restaurants, parks, jogging paths, tennis courts, and an active urban lifestyle support long-term tenant retention. Demand-Driven, Resilient Submarket: Pacific Heights consistently ranks among San Francisco’s most resilient and supply-constrained rental markets, offering long-term investment security. Walkable, Transit-Oriented Location: Located in a Walk Score “Walker’s Paradise” neighborhood with excellent access to public transportation and daily conveniences

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1690 BroadwaySan Francisco, CA 94109
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Listing provided by Revere CRE