Utah Street — Potrero Hill

This Potrero Hill property was a classic under-managed building in one of San Francisco's most desirable neighborhoods. With its sunny microclimate and proximity to the tech corridor, the location warranted premium rents—but dated finishes and deferred maintenance held the property well below its potential.

Blok Capital acquired the 5-unit building and executed a comprehensive renovation program. Our in-house team modernized all units with contemporary finishes, updated kitchens and bathrooms, and optimized floor plans to create 15 well-appointed bedrooms—all at approximately 35% below market contractor costs.

The repositioned property now commands top-of-market rents reflecting the Potrero Hill address and quality finishes. Strong demand from tech professionals working in the nearby SOMA and Mission Bay corridors ensures consistently high occupancy and stable income.