171 23rd Avenue, San Francisco, CA 94121, San Francisco, 94121 - 5 bed, 2 bath

171 23rd Avenue, San Francisco, CA 94121 home-pic-0
ACTIVE UNDER CONTRACT$1,995,000
171 23rd Avenue, San Francisco, CA 94121
5Beds
2Baths
3,220Sqft
2,996.93Lot
Year Built
1908
Close
-
List price
$2M
Original List price
-
Price/Sqft
$620
HOA
$0
Days on market
-
Sold On
-
MLS number
425088235
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(56th), sqft - 3220(38th), beds - 5(50th), baths - 2(50th).

Nestled on one of the most coveted blocks in the Lake Street District, 171-173 23rd Avenue offers a rare opportunity to own a well-maintained, vacant, three-unit building in an A+ location. Steps from the Presidio, Baker Beach, and the vibrant shops and cafes along California Street, this property blends classic San Francisco charm with modern livability. The remodeled top-floor unit shines with contemporary finishes, updated kitchen and bath, and abundant natural light, an ideal owner's residence or premium rental. The middle-floor flat features beautiful period details that showcase the home's architectural character. The lower unit offers flexible use and stable income potential (all vacant). Building has been thoughtfully updated with newer tankless water heaters, electric car charger and double pane windows (select locations). 1 car garage parking and 1 parking in driveway. At the rear of the property, a spacious, sun-filled garden provides a peaceful retreat and room to entertain, garden, or create your own outdoor oasis. Whether you're an investor or an owner-occupier, this special property delivers exceptional versatility in one of San Francisco's most desirable neighborhoods.

Price History

Date
Event
Price
11/17/25
Price Change
$1,995,000
Condition Rating
Fair

This triplex, built in 1908, presents a mixed condition. The top-floor unit has been extensively remodeled with contemporary finishes, including a modern kitchen with white shaker cabinets, quartz countertops, stainless steel appliances, and an updated bathroom with subway tile and a floating vanity. However, the middle and lower units, while appearing well-maintained with original hardwood floors and period details, feature significantly older kitchens and bathrooms. These units have dated cabinetry, older appliances (white, not stainless steel), and outdated bathroom fixtures and finishes, indicating they were likely renovated 20-30+ years ago or have not been updated since original construction. While some system updates like tankless water heaters and an EV charger are present, the overall condition is brought down by the dated state of two out of three units' critical areas, requiring minor to moderate updates for modern appeal.
Pros & Cons

Pros

Exceptional Location: Situated in the highly coveted Lake Street District, offering unparalleled access to the Presidio, Baker Beach, and vibrant local amenities.
Versatile Income Property: A vacant three-unit building (triplex) provides immediate income potential for investors or flexible owner-occupancy options.
Thoughtful Modern Updates: Features recent upgrades including tankless water heaters, an electric car charger, and a remodeled top-floor unit, blending classic charm with modern convenience.
Valuable Off-Street Parking: Includes both a 1-car garage and a driveway parking space, a significant and highly sought-after amenity in San Francisco.
Private Outdoor Oasis: A spacious, sun-filled rear garden offers a peaceful retreat and ample space for entertaining or personal enjoyment.

Cons

Limited Bathroom Facilities: With only 2 bathrooms for a 5-bedroom, three-unit property, this presents a functional constraint for multiple occupants or tenants.
Historic Building Maintenance: Built in 1908, the property's age, despite updates, may entail higher long-term maintenance costs and potential for unforeseen issues with older infrastructure.
Inconsistent Window Upgrades: The mention of 'double pane windows (select locations)' suggests that not all units or areas benefit from improved energy efficiency and sound insulation.

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