
San Francisco, CA 94133
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.
Property is new construction or fully renovated.
The property underwent an extensive renovation within the last year, featuring high-end finishes such as new wide-plank European white oak flooring, a fully updated kitchen with marble countertops and stainless steel appliances, and a full electrical upgrade. All interior components, including recessed lighting, fixtures, and the sun deck, are virtually new and meet modern quality standards.
The property boasts a 6.25% cap rate with long-term NNN leases and full occupancy, offering an investor stable, predictable cash flow with minimal management responsibilities.
Situated in the heart of one of San Francisco's most iconic and high-traffic neighborhoods, this property benefits from exceptional visibility and long-term desirability.
Significant capital investment has been made in the last year, including full electrical upgrades, new European oak flooring, and a renovated kitchen, ensuring a turnkey asset with reduced immediate CapEx.
Because the building is fully occupied by two tenants on long-term leases, there is no immediate opportunity for a buyer to occupy the space for their own business.
As a structure dating back to 1906, the property may face more stringent seismic requirements or historic preservation restrictions for any future structural modifications.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 6.0 | 50% |
| Baths | 0.0 | 3.5 | 50% |
| Square foot | 8,600 | 6,919 | 50% |
| Lot Size | 2,300 | 2,350.08 | 50% |
| Price | $7.95M | $5.36M | 50% |
| Price per sq ft | $924 | $726 | 50% |
| Built year | 1906 | 1908 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 141 | 50% |
Mar 4, 2026
$7,950,000
Initial Listing