1324 Pine Street, San Francisco, CA 94109, San Francisco, 94109 - 0 bed, 0 bath
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1324 Pine Street
San Francisco, CA 94109
ACTIVE
CONDITION: FAIR
0Beds
0Baths
4,500Sq Ft
2,188Lot Size
Property Price
LIST PRICE$1,800,000
EST. MARKET VALUE
$1,734,879
3% AboveMARKET VALUE
SUMMARY
This six-unit multifamily property represents a High-Potential Investment Opportunity, listed at a List Price of $1,800,000—positioned well above the $1,734,880 Fair Market Value by -3%. Featuring a Condition Rating of 4, the asset benefits from a completed seismic retrofit and updated electrical panels. With three units remaining in original condition, the property offers a clear path to increasing rental income through strategic renovations. Ideally suited for Buy-and-Hold Investors or Value-Add Developers, this asset provides stable, long-term growth potential in a prime San Francisco location.
Estimated Market Value
$1,734,879
Based on Realkey algorithm analyzing recent comparable sales in San Francisco.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1324 Pine Street Subject 0 bd · 0 ba · 4,500 sqft · $386 | $1,800,000* List Price | 0 | 0 | 4,500 | $386 | - |
A 2450 Polk Street Pending 0 bd · 4 ba · 4,283 sqft · $326 · 0.7 mi | $1,395,000 List Price | 0 | 4 | 4,283 | $326 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1914, the building has undergone critical capital improvements including a seismic retrofit, a well-maintained roof coating, and new electrical panels. However, with only three of the six units updated, the remaining units are dated and require cosmetic updates to realize full rental upside.
PROSSTRENGTHS & OPPORTUNITIES
- Structural & System Upgrades
The property features a completed seismic retrofit and updated electrical panels, significantly reducing future capital expenditure and enhancing safety for the owner.
- Prime Location
Situated adjacent to Trader Joe's and steps from Polk Street's vibrant retail and dining corridor, the building offers high tenant appeal and low vacancy risk.
- Value-Add Opportunity
With three units already updated and three remaining in original condition, there is a clear path to increasing rental income and building equity through strategic renovations.
CONSRISKS & DEFICIENCIES
- Limited Parking
The building offers only one tandem garage space for six units, which may be a constraint for tenants requiring vehicle storage in a dense urban area.
- Vintage Building Maintenance
As a 1914 construction, the property may require ongoing attention to legacy plumbing or structural elements typical of century-old San Francisco multi-family assets.
About 1324 Pine Street
This six-unit multifamily property features an attractive unit mix of six one-bedroom, one-bathroom apartments, along with one extra-long tandem garage space. The building has benefited from several significant capital improvements, including a seismic retrofit, new electrical panels in each unit, and a new main electrical panel. Three of the six units have been updated, while the remaining units offer significant rental upside. Ideally located adjacent to Trader Joe's and within walking distance of the shops, restaurants, and amenities along Polk Street.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1914
- Lot Size
- 2,188 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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 |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 4.0 |
| Square foot | 4,500 | 3,221.149 |
| Lot Size | 2,188 | 2,766.255 |
| Price | $1.80M | $2.13M |
| Price per sq ft | $400 | $697 |
| Built year | 1914 | 1925 |
| HOA | $0 | $0 |
| Days on market | 38 | 53 |
Pricing History
Listed for Sale
Sep 16, 2026
$1,800,000
Initial Listing
Sold
Jan 6, 2004
$849,500
Public Record