Oak Street — Lower Haight
Boutique multifamily repositioning in San Francisco's eclectic Lower Haight
The Opportunity
This Lower Haight property offered a prime location at the crossroads of several sought-after neighborhoods, but the 4-unit building had been neglected for years. Outdated unit configurations and deferred maintenance resulted in below-market rents despite strong neighborhood demand.
Our Approach
Blok Capital acquired the building and implemented a thorough renovation across all 4 units. Our in-house team reconfigured layouts to maximize bedroom count, installed modern kitchens and bathrooms, and refreshed common areas—achieving significant cost savings through our vertically integrated approach.
Scope of Work
- Full unit renovations
- Kitchen and bathroom upgrades
- Floor plan reconfiguration
- Common area modernization
- Building systems updates
- Exterior improvements
The Results
The fully renovated building now offers 20 high-quality bedrooms at market rents, significantly outperforming pre-renovation income. The Lower Haight's central location and vibrant community ensure strong tenant demand and low vacancy rates.
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Investors
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