1234 Grant Avenue, San Francisco, CA 94133, San Francisco, 94133 - 2 bed, bath

1234 Grant Avenue
San Francisco, CA 94133
Property Price
SUMMARY
Analysis of 1234 Grant Avenue, San Francisco, CA 94133 is currently available with a list price of $7,950,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property underwent an extensive renovation within the last year, featuring a full electrical upgrade, new wide-plank European white oak flooring, and a completely modernized kitchen with marble countertops and stainless steel appliances. All interior and exterior surfaces, including lighting fixtures and decking, have been updated to meet current high-quality standards, effectively neutralizing the building's 1906 age.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Investment Returns
The property offers a robust 6.25% cap rate with long-term NNN leases in place, providing an investor with stable, predictable cash flow and minimal management responsibilities.
- Extensive Recent Renovations
Significant capital has been invested in a full electrical upgrade, exterior refinishing, new European white oak flooring, and a modern kitchen, reducing the need for immediate capital expenditures.
- Prime North Beach Location
Situated in the heart of one of San Francisco's most iconic and high-traffic neighborhoods, this property occupies a rare and highly desirable position for long-term value retention.
CONSRISKS & DEFICIENCIES
- Historic Building Maintenance
Originally constructed in 1906, the property may face higher long-term maintenance costs or future seismic compliance requirements typical of older San Francisco structures.
- Limited Expansion Potential
With the building footprint occupying nearly the entire 2,300 square foot lot, there is very little outdoor space or opportunity for further horizontal development or expansion.
About 1234 Grant Avenue
Fully occupied 6.25% cap rate NNN-leased building in the heart of North Beach. 1234 Grant Avenue consists of an approximately 8,600 square foot three-story building situated on approximately 2,300 square feet of land. Located in the heart of North Beach, this is a unique and rare opportunity to purchase a building in one of San Francisco's most desirable neighborhoods. The property will be delivered fully occupied by two tenants on long term triple net (NNN) leases, making this a perfect opportunity for an investor seeking stable and predictable cash flow with minimal management responsibilities. In the last year, the property has been extensively renovated with significant capital investment, including a full electrical upgrade, complete exterior repainting and refinishing, new wide-plank European white oak flooring, a fully renovated kitchen with marble countertops and stainless steel appliances, new recessed lighting and fixtures throughout, fresh interior paint, decking at the sun deck, and thoughtful interior reconfiguration.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1906
- Lot Size
- 2,300 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 11.5 | 25% |
| Baths | - | 1.0 | 50% |
| Square foot | 8,600 | 8,302 | 50% |
| Lot Size | 2,300 | 2,548.26 | 25% |
| Price | $7.95M | $2.97M | 75% |
| Price per sq ft | $924 | $462 | 75% |
| Built year | 1906 | 1908 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 208 | 25% |
Pricing History
Listed for Sale
Mar 4, 2026
$7,950,000
Initial Listing


























