1623 Vallejo Street, San Francisco, CA 94123, San Francisco, 94123 - 5 bed, 4 bath

1623 Vallejo Street, San Francisco, CA 94123 home-pic-0
ACTIVE$2,799,000$3,707/sqft
1623 Vallejo Street, San Francisco, CA 94123
5Beds
4Baths
3,707Sqft
3,040.49Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Situated in San Francisco's prestigious Pacific Heights, this property benefits from a highly desirable and sought-after neighborhood, ensuring strong demand and potential for appreciation.
Top Cons:
Age of Property & Potential System Updates: Built in 1900, the property is over a century old, which may necessitate significant investment in updating major systems (e.g., plumbing, electrical, roof) to meet modern standards and ensure long-term reliability.

Compared to the nearby listings

Price:$2.80M vs avg $2.77M (+$24,500)50%
Size:3,707 sqft vs avg 3,230 sqft67%
Price/sqft:$755 vs avg $86250%

More Insights

Built in 1900 (126 years old).
Condition: While the property was built in 1900, the description explicitly states that one unit features an 'updated kitchen with modern appliances' and 'hardwood floors.' The images confirm this, showing a kitchen with stainless steel appliances, contemporary cabinetry, and a mosaic backsplash, along with renovated bathrooms featuring modern fixtures and tiling. Hardwood floors and recessed lighting are visible throughout the main living areas. This indicates significant renovations have been done, at least to the primary unit, making it move-in ready and well-maintained, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years. The overall age of the building (1900) suggests potential for older systems in other units or the building's infrastructure, but the visible interior spaces are in good condition.
Year Built
1900
Close
-
List price
$2.8M
Original List price
-
Price/Sqft
$755
HOA
$0
Days on market
-
Sold On
-
MLS number
425066467
Home ConditionGood
Features
Good View:
Deck
Patio
View-

About this home

1623 Vallejo Street, a prime property located in the heart of San Francisco's prestigious Pacific Heights neighborhood. This property features four distinct units, offering great investment potential. One unit features 2 bedrooms, 2.5 baths, and an updated kitchen with modern appliances. Fireplace & hardwood floors. Enjoy direct access to a private backyard with a BBQ area, perfect for entertaining. 3-1BR/1Ba Units: Ideal for tenants, these units provide a cozy living environment in a vibrant and desirable area. Additional space in the basement is perfect for storage and can be used as a private office/Gym, offering flexibility for various needs. Large patio in the front. This property presents an unique opportunity in one of San Francisco's most sought-after locations. Don't miss out!

D
David Chan
Listing Agent

Price History

Date
Event
Price
08/11/03
Sold
$1,180,000
Condition Rating
Good

While the property was built in 1900, the description explicitly states that one unit features an 'updated kitchen with modern appliances' and 'hardwood floors.' The images confirm this, showing a kitchen with stainless steel appliances, contemporary cabinetry, and a mosaic backsplash, along with renovated bathrooms featuring modern fixtures and tiling. Hardwood floors and recessed lighting are visible throughout the main living areas. This indicates significant renovations have been done, at least to the primary unit, making it move-in ready and well-maintained, aligning with the 'Good' criteria for properties extensively renovated within the last 5-15 years. The overall age of the building (1900) suggests potential for older systems in other units or the building's infrastructure, but the visible interior spaces are in good condition.
Pros & Cons

Pros

Prime Location: Situated in San Francisco's prestigious Pacific Heights, this property benefits from a highly desirable and sought-after neighborhood, ensuring strong demand and potential for appreciation.
Income-Generating Quadruplex: Featuring four distinct units (one 2BR/2.5BA and three 1BR/1BA), the property offers significant rental income potential and investment diversification.
Updated Main Unit & Amenities: The primary 2-bedroom unit boasts an updated kitchen with modern appliances, a fireplace, hardwood floors, and direct access to a private backyard with a BBQ area, enhancing its appeal.
Versatile Additional Space: The basement provides flexible space for storage, a private office, or a gym, adding significant utility and value for residents or owners.
Outdoor Living Spaces: The property includes both a private backyard with a BBQ area and a large front patio, offering valuable and desirable outdoor amenities in an urban setting.

Cons

Age of Property & Potential System Updates: Built in 1900, the property is over a century old, which may necessitate significant investment in updating major systems (e.g., plumbing, electrical, roof) to meet modern standards and ensure long-term reliability.
Lack of Dedicated Parking: In a dense urban area like Pacific Heights, the absence of explicit mention of dedicated parking for four units could be a significant inconvenience and a deterrent for potential tenants or owners.
High Operational & Maintenance Costs: As an older multi-unit property, it likely incurs higher ongoing operational costs, including maintenance, repairs, and utilities for four units, which could impact net investment returns.
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