
San Francisco, CA 94109
This Mixed-Use Value-Add Asset is listed at $1,598,000, located in the heart of San Francisco’s prestigious Nob Hill. The property is priced above its $1,398,319 Fair Market Value, reflecting its substantial 5,600 sqft footprint and four-unit configuration. With a Condition Rating of 5, the 1910 building requires significant capital expenditure to modernize its dated residential units and blank canvas commercial space. This property offers a high-ceiling opportunity for forced appreciation through strategic renovation. It is an ideal acquisition for Value-Add Investors or Owner-Users seeking a flagship location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1467-1469 Pine Street Subject | $1,598,000* List Price | 7 | 2 | 5,600 | $250 | - |
A 2450-2456 Van Ness Avenue Sold | $1,950,000 | 7 | 0 | 5,644 | $345 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910, this mixed-use property is in need of substantial rehabilitation. The residential units feature extremely dated kitchens and bathrooms with mid-century fixtures, old appliances, and worn flooring. The commercial space is a 'blank canvas' shell requiring a complete build-out. Visible surface-mounted electrical conduits and aging infrastructure throughout indicate that major systems require significant capital expenditure to meet modern safety and quality standards.
Situated in one of San Francisco's most prestigious neighborhoods, the property benefits from high desirability and proximity to iconic landmarks and world-class dining.
This mixed-use asset features three income-generating residential units providing immediate cash flow, complemented by a versatile commercial space for business or leasing.
With 5,600 sqft of space and a 'blank canvas' commercial unit, the property offers a rare opportunity for investors to add value through strategic renovations and modernization.
Built in 1910, the property likely requires substantial capital expenditure for structural updates and system modernizations to meet contemporary standards.
The large commercial space is currently a blank canvas, which may result in extended carrying costs while searching for the right tenant in a shifting retail landscape.
Introducing a fantastic mixed-use property in the heart of San Francisco's esteemed Nob Hill neighborhood, an area renowned for its vibrant array of restaurants, fashionable boutiques, and unparalleled local gems, including famous Food Network features... Swan Depot and House of Prime Rib. This four-unit property represents a unique blend of commercial and residential spaces. The commercial unit that is generous in space, ceiling height, and an abundance of natural light. With a blank canvas and ample potential, this commercial space offers the perfect opportunity for a visionary entrepreneur to make it their own. The residential units are equally appealing. Each is currently generating rental income, providing a secure and steady cash flow. The residential units offer a unique opportunity for investors with a keen eye for property improvement. The property in its entirety offers a wealth of potential to upgrade and re-envision the space to significantly increase the property's overall value. To sum it up, this property, nestled in the prime location of Nob Hill, presents significant upside potential and a reliable income stream. It's an exceptional investment opportunity that combines the allure of city lifestyle with the stability of a well-positioned, mixed-use property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 7.0 | 50% |
| Baths | 2.0 | 0.0 | 67% |
| Square foot | 5,600 | 6,472 | 33% |
| Lot Size | 3,001.28 | 3,234.64 | 50% |
| Price | $1.60M | $2.20M | 17% |
| Price per sq ft | $285 | $361 | 17% |
| Built year | 1910 | 1915 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 243 | 17% |
Jan 1, 2026
$1,598,000
Initial Listing