
San Francisco, CA 94133
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $2,795,000—positioned slightly above the $2,760,862 Fair Market Value. Despite the premium, the property offers immediate stability with a Mint Condition Rating and a fully vacant status, eliminating tenant-related delays. Featuring iconic San Francisco views and a private outdoor patio, the versatile layout supports diverse income strategies. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-yield property in a prestigious Russian Hill location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1023 Broadway Subject | $2,795,000* List Price | 6 | 6 | 3,190 | $865 | - |
A 17-19 Card Alley Sold | $2,500,000 | 6 | 3 | 2,649 | $944 | 0.3 mi |
B 1029-1031 Jackson Street Sold | $3,150,000 | 7 | 5 | 4,061 | $776 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a high-end, contemporary renovation likely completed within the last 5 years. The kitchen is equipped with modern flat-panel cabinetry and quartz countertops, and the bathrooms showcase designer tile work, LED-backlit mirrors, and frameless glass showers. Despite the 1908 original construction, the interior finishes, lighting, and visible systems are in mint condition, requiring no immediate maintenance.
Situated on the prestigious Broadway Steps in Russian Hill, the property offers breathtaking, unobstructed views of Coit Tower, the Bay Bridge, and the Transamerica Pyramid, significantly driving long-term value.
Delivered completely vacant, this triplex provides immediate flexibility for owner-occupiers or investors to set market-rate rents without the complications of San Francisco's restrictive tenant laws.
The mix of a multi-level owner's residence, a two-bedroom unit, and a studio—all with access to a rare private patio—offers exceptional utility for multi-generational living or high-yield rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3190, other record living area = 2438.
The property's location on the Broadway Steps suggests a lack of on-site parking and challenging pedestrian access, which may deter buyers prioritizing convenience or mobility.
Built in 1908, the building likely requires ongoing maintenance or capital improvements to modernize aging systems and meet contemporary seismic standards common for century-old structures.
Perched along one of Russian Hill's most iconic stretches, 1023 Broadway presents a rare opportunity to own a fully vacant triplex offering exceptional flexibility, income potential, and iconic San Francisco views. Whether envisioned as a primary residence with income-producing units, a multigenerational compound, a shared ownership opportunity, or an investment, the vacant configuration provides immediate optionality. Set directly on the storied Broadway Steps, the property captures sweeping views of Coit Tower, the Bay Bridge, and the Transamerica Pyramid. Delivered fully vacant, the property is composed of three distinct residences: a multi-level THREE-bedroom OWNER's residence with exceptional scale, natural light, and direct connection to the home's most compelling views; Unit A, a multi-level TWO-bedroom residence offering privacy and flexibility for rental income or extended living; and Unit B, a STUDIO well-suited for guest accommodations, rental use, or a creative workspace. Accessed through its own private entrance, the owner's residence enjoys the rare comfort of having no residence above or below, creating a sense of privacy uncommon in multifamily living. The owner's unit includes a dedicated laundry room, while Units A and B share laundry facilities. All three residences enjoy access to a private outdoor patio, a rare amenity in this coveted hillside setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 6.0 | 50% |
| Baths | 6.0 | 3.0 | 80% |
| Square foot | 3,190 | 3,215 | 40% |
| Lot Size | 1,411 | 1,420.06 | 40% |
| Price | $2.79M | $2.79M | 50% |
| Price per sq ft | $876 | $876 | 50% |
| Built year | 1908 | 1910 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 142 | 20% |
Jun 3, 2026
$2,795,000
Initial Listing
Oct 12, 2021
$2,200,000
Public Record