
San Francisco, CA 94122
This Fully Occupied Triplex Asset is listed at $1,200,000, positioned near its $1,111,485 Fair Market Value. Located in a Prime Inner Sunset Location, the property offers Favorable Investment Fundamentals with tenants reimbursing all utilities and a Condition Rating of 4. The building features three spacious full-floor flats, a 2-3 car garage, and a private patio, providing excellent value-add potential through future modernization of its original period charm. Just steps from Golden Gate Park and UCSF with a 96 Ride Score and 85 Walk Score, this is a premier choice for Buy-and-Hold Investors or Owner-Users.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1228-1232 12th Avenue Subject | $1,200,000* List Price | 6 | 3 | 4,002 | $278 | - |
A 1822 19th Avenue Sold | $1,050,000 | 6 | 5 | 3,950 | $266 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1904, this triplex is well-maintained and functional but shows significant signs of age. While the electrical panels have been partially upgraded and the building is not on the seismic retrofit list, the interior retains 'original period charm,' which indicates outdated kitchens, bathrooms, and finishes that require modernization to meet current market standards.
Boasting a Ride Score of 96 and Walk Score of 85, the property is ideally situated steps from Golden Gate Park, UCSF, and major transit lines, ensuring consistent high rental demand.
The building offers low recurring operating expenses with tenants reimbursing all utilities, and it is notably absent from the city's mandatory seismic retrofit list.
Each of the three units features a functional full-floor flat design with separate living/dining areas and access to a rare 2-3 car garage, providing significant value for both tenants and owners.
The property is fully occupied by long-term tenants, which may limit immediate rental upside to market rates and complicates options for owner-users or major renovations.
Built in 1904, the building retains original period charm but requires capital investment for modernization and upgrades to meet contemporary luxury standards.
Fantastic Location! Fully occupied Triplex in the Inner Sunset! 3 Full Floor flats above a 2-3 car garage. Each flat offers a functional and desirable layout with separate living and dining rooms, an eat-in kitchen and 2 out of the 3 flats have a rear fully enclosed laundry/utility porch. 1228 consists of 4 rooms (not including the laundry porch), 1230 consists of 5 rooms (not including the laundry porch) and 1232 boasts 6 rooms. 1228 and 1230 are being used as a 2 bedroom layout with the dining room serving as a bedroom. 1232 is being used as a 3 bedroom unit. Building is not on the mandatory seismic retrofit list. Each flat has an upgraded electrical subpanel. The building main panel has also been partially upgraded with circuit breakers. Two of the three units feature in-unit laundry. The building retains its original period charm while presenting excellent opportunities for future modernization and value enhancement. Long-tern tenants provide stable income, and the property benefits from low recurring operating expenses. Tenant reimburses for all utilities! This rare Inner Sunset offering is just steps from Golden Gate Park, minutes to Andronico's UCSF, numerous cafes, restaurants and boutique retail shops with easy access to multiple Muni lines. The location boasts a Ride Score of 96 (Rider's Paradise), a Walk Score of 85 and a Bike Score of 86. This is an ideal location for both renters and owner-users.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 5.0 | 60% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 4,002 | 3,075 | 88% |
| Lot Size | 3,001.28 | 2,374.02 | 80% |
| Price | $1.20M | $1.73M | 12% |
| Price per sq ft | $300 | $634 | 8% |
| Built year | 1904 | 1925 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 167 | 32% |
Mar 4, 2026
$1,200,000
$1,495,000
-20% Price Drop
Initial Listing
Jan 19, 2026
$1,495,000
Initial Listing