
San Francisco, CA 94121
This Versatile Mixed-Use Asset is listed at $1,498,000, reflecting a strategic premium for its rare fully vacant delivery and extensive recent capital improvements. While the $1,378,016 Fair Market Value indicates a competitive entry point, the property’s Condition Rating of 3—featuring a new roof, new central heating, and fresh paint—ensures immediate utility without deferred maintenance. Located in the Richmond District, the building offers access to Top-Rated Schools including Lowell High School (10/10) and Stevenson Elementary (9/10). This is an ideal turnkey solution for an Owner-Occupant or Entrepreneur seeking a high-quality live/work environment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1614-1618 Balboa Street Subject | $1,498,000* List Price | 5 | 4 | 3,263 | $422 | - |
A 5645-5657 California Street Sold | $1,600,000 | 7 | 0 | 3,975 | $403 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent improvements, including a new roof, new central heating system, and fresh interior and exterior paint. While the kitchen appliances appear somewhat dated, the home features a newly updated bathroom with modern finishes and new flooring throughout, meeting the criteria for a well-maintained, updated property.
Elementary School: Stevenson (Robert Louis) Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property features two ground-floor commercial units and two levels of residential space, providing an ideal setup for owner-users to live and work on-site or for investors to diversify rental income streams.
Delivered entirely vacant, the building allows for immediate use and benefits from significant recent capital improvements including a new roof, new central heating system, and fresh interior and exterior paint.
Built in 1922, the property may require future investments in seismic retrofitting or updates to legacy plumbing and electrical systems that were not included in the recent cosmetic and heating upgrades.
Operating a mixed-use building in San Francisco requires navigating both commercial and residential leasing regulations, which can be more complex and time-consuming than managing single-use properties.
Rare mixed-use opportunity in a prime San Francisco location at 1614-1618 Balboa St. Ideally situated near Golden Gate Park and close to public transportation, this versatile property offers the perfect blend of convenience, flexibility, and city living. The ground floor features two commercial units, while the 2nd and 3rd floors offer residential living space, creating an ideal setup for owner-users, entrepreneurs, or investors seeking a live/work opportunity. The entire property is vacant, offering immediate occupancy and exceptional potential for both business and residential use. Recent improvements include a new roof, new central heating system, new interior paint, new exterior paint, and a newly updated bathroom on the 2nd floor. Whether you are looking to operate a business below and live above, lease out one or both components, or own a flexible property in a sought-after neighborhood, this building presents a rare opportunity in the Richmond District near parks, transit, shops, and dining.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 6.0 | 50% |
| Baths | 4.0 | 0.0 | 75% |
| Square foot | 3,263 | 3,619 | 50% |
| Lot Size | 2,496 | 2,495.995 | 50% |
| Price | $1.50M | $1.55M | 50% |
| Price per sq ft | $459 | $423 | 75% |
| Built year | 1922 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 236 | 25% |
Mar 25, 2026
$1,498,000
Initial Listing