
San Francisco, CA 94110
This Vacant Bernal Heights Multi-Unit Asset offers a strategic opportunity in a high-demand San Francisco corridor. Listed at $1,625,000, the price aligns with the $1,542,903 Fair Market Value, accounting for the property's rare delivery of immediate market-rate rents exceeding $100,000 annually. The Condition Rating of 4 reflects a well-maintained 1911 structure featuring a massive 3+ car garage and a flat roof with 180-degree Twin Peaks views. With access to Top-Rated Schools like Lowell High (10/10) and Lilienthal Elementary (9/10), this property is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1551 Hampshire Street Subject | $1,625,000* List Price | 4 | 3 | 2,217 | $696 | - |
A 2436-2438 Bryant Street Sold | $1,230,000 | 4 | 1 | 2,378 | $517 | 0.5 mi |
B 1339-1341 York Street Active | $1,288,888 List Price | 4 | 0 | 2,040 | $632 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and clean, but the interior is significantly dated. The kitchen features older oak-style cabinetry and basic white appliances, while the bathrooms retain 'vintage' tile and fixtures from several decades ago. While functional and move-in ready, the 1911 structure shows signs of aging with older light fixtures and a mix of flooring that lacks modern updates, fitting the criteria for a property that is functional but outdated.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Delivered fully vacant, the property allows for immediate market-rate leasing with projected annual rents exceeding $100,000, providing a turnkey opportunity for investors or owner-occupiers.
The massive 3+ car garage includes a dedicated workspace and studio area, offering rare urban storage and creative flexibility that is highly coveted in San Francisco.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2217, other record living area = 1900.
The building is currently configured as three units despite being listed in tax records as a 2-flat, which may present challenges regarding permit compliance or traditional financing.
While well-maintained, the 1911 construction features 'vintage' bathrooms and older finishes that likely require modernization to achieve the area's top-tier rental or resale premiums.
Vacant Bernal Heights apartment building ready for new residents and filled with opportunity. Clean well-maintained building. Great for investors with immediate market rate rents surpassing $100,000/year (per rentometer.com), or live there yourself - a fantastic San Francisco life. Tax records list the building as a 2-flat building. Ascend entry stairs to gracious lobby. Full-floor flat is 2 bedrooms, large bright living room looking out at charming well-maintained Victorian houses. Eat-in kitchen overlooks back yard and deck. Internal stairs to garage. Second floor currently configured as two 1-bedroom units. Brilliantly colored vintage baths. Internal stairs to flat roof with 180 Twin Peaks & city views. Huge open garage for 3+ cars, workspace, craft studio, massive storage; utility toilet & sink. Terraced yard accessed from deck or via breezeway. North slope of sunny Bernal Heights - calm residential feel, but close to everything. Peralta Hts location above it all, but not cut off from the action. Many nearby parks; walk the dog in idyllic Precita Park then stop for coffee or a bite; Rolph Park for tennis, baseball & basketball; Potrero del Sol skate park - all moments away; Garfield Square and huge Bernal Heights Park are just a bit further. Ready for some nightlife? You are close to the amazing restaurants, bars and clubs of the Mission, but far enough away to escape the noise and bustle. Need to go further? Ample transit options and 2-minute access to the 101 and 280 freeways. Whether you plan to use this as your home base or rent it out as an investment, you are in the right place, ready to take advantage of San Francisco's roaring renaissance.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 5.0 | 47% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,217 | 2,640 | 29% |
| Lot Size | 2,500.34 | 2,596 | 47% |
| Price | $1.62M | $1.70M | 47% |
| Price per sq ft | $733 | $517 | 65% |
| Built year | 1911 | 1908 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 230 | 6% |
Jan 24, 2026
$1,625,000
Initial Listing
Mar 22, 1996
$192,000
Public Record