1499 Guerrero Street, San Francisco, CA 94110, San Francisco, 94110 - 3 bed, 1 bath
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1499 Guerrero Street
San Francisco, CA 94110
ACTIVE
CONDITION: FAIR
3Beds
1Baths
4,157Sq Ft
2,226Lot Size
Property Price
LIST PRICE$1,950,000
EST. MARKET VALUE
$2,065,275
5% BelowMARKET VALUE
SUMMARY
This 6-unit apartment building represents a Strong Value Opportunity, listed at $1,950,000—positioned well below the $2,065,275 Fair Market Value by 5%. This valuation gap offers $115,275 in Instant Equity. Featuring a 6.0% Cap Rate and recent seismic retrofits, the property provides stable cash flow despite a Fair Condition Rating that invites interior modernization. Located near top-rated schools like Chinese Immersion School at Deavila, this is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking long-term growth in San Francisco.
Estimated Market Value
$2,065,275+$115,275 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 1499 Guerrero Street Subject 3 bd · 1 ba · 4,157 sqft · $497 | $1,950,000* List Price | 3 | 1 | 4,157 | $497 | - |
A 297 Richland Avenue Sold 5 bd · 4 ba · 3,135 sqft · $470 · 0.8 mi | $1,475,000 | 5 | 4 | 3,135 | $470 | 0.8 mi |
B 637 San Jose Avenue Pending 5 bd · 3 ba · 3,601 sqft · $417 · 0.1 mi | $1,500,000 List Price | 5 | 3 | 3,601 | $417 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the building underwent a seismic retrofit in 2016 and a roof replacement in 2013, the interior units are significantly dated. The kitchen images show 30+ year old finishes including tile countertops and older appliances. The use of gas wall heaters and the 1900 build date, despite structural maintenance, place the living condition in the 'Fair' category as units need cosmetic and system modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Strong Investment Yield
The property boasts a 6.0% Cap Rate and a 10.84 GRM, offering attractive cash flow and financial performance that is highly competitive for the San Francisco multi-family market.
- Major Capital Improvements
Significant structural and maintenance items have already been addressed, including a soft-story seismic retrofit completed in 2016 and a roof replacement in 2013, reducing future capital expenditure risk.
CONSRISKS & DEFICIENCIES
- Limited Immediate Value-Add Potential
With all six units currently occupied, a new owner may face challenges in implementing immediate market-rate rent increases or performing comprehensive interior renovations due to local tenant protections.
- Vintage Infrastructure
Built in 1900, the property relies on older gas wall heaters and likely contains aged plumbing or electrical components that may require more frequent maintenance than modern builds.
About 1499 Guerrero Street
1499 Guerrero Street is a 6 unit apartment building located at the edge of of Noe Valley at the corner of Guerrero and 27th Street. The property is offered at $1,950,000, or $325,000/unit and $469/sq ft. The asking price reflects a 6.0% Cap Rate and a 10.84 GRM on scheduled gross income of $179,844. The unit mix includes three (3) studios, two (2) one-bedroom units and a one (1) large one bedroom plus den, totaling 4,157 square feet on a 2,225 square foot corner lot. All six units are occupied. There are three garages at street level, two of them leased separately. The coin-operated laundry equipment is owned. Originally built in 1900, the wood-frame building sits on a concrete foundation and keeps its original stained glass transom over the Guerrero Street entry. The soft-story seismic retrofit was completed in 2016, and the modified bitumen roof was replaced in 2013. Gas and electricity are separately metered, and units are heated by gas wall heaters. The lobby entry is secured.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1900
- Lot Size
- 2,226 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Fairmount Elementary School
Grades K-5 • 0.5 mi
2/10
Flynn (Leonard R.) Elementary School
Grades K-5 • 0.6 mi
2/10
Mission Education Center
Grades K-5 • 0.6 mi
1/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.6 |
| Baths | 1.0 | 4.0 |
| Square foot | 4,157 | 3,221.149 |
| Lot Size | 2,226 | 2,766.255 |
| Price | $1.95M | $2.13M |
| Price per sq ft | $469 | $697 |
| Built year | 1900 | 1925 |
| HOA | $0 | $0 |
| Days on market | 2 | 53 |
Pricing History
Listed for Sale
Oct 23, 2026
$1,950,000
Initial Listing