1884-1886 Market Street, San Francisco, CA 94102, San Francisco, 94102 - 8 bed, 0 bath
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1884-1886 Market Street
San Francisco, CA 94102
ACTIVE
CONDITION: GOOD
8Beds
0Baths
5,500Sq Ft
2,587Lot Size
Property Price
LIST PRICE$2,600,000
SUMMARY
Analysis of 1884-1886 Market Street, San Francisco, CA 94102 is currently available with a list price of $2,600,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building dates back to 1932, the listing confirms all four residential units have been remodeled and the commercial space features an updated, independent 200 amp electrical service. Visuals show fresh interior paint, modern laminate flooring, and clean, functional common areas, making the property move-in ready and well-maintained.
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 offers a projected 6.06% cap rate through banked rent increases, representing a high-performing asset in the competitive San Francisco mixed-use market.
- Modernized Residential Units
All four residential units have been fully remodeled into identical two-bedroom layouts, minimizing immediate capital expenditure and attracting premium tenants.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5500, other record living area = 3150.
- Commercial Vacancy Risk
Both commercial units are currently vacant, creating an immediate need for lease-up and exposing the owner to initial carry costs and market fluctuations in the retail sector.
- Inconsistent Local School Ratings
Several nearby public schools carry low performance ratings, which may limit the property's appeal to long-term residential tenants with school-aged children.
About 1884-1886 Market Street
1884-1886 Market St is a six-unit mixed-use building in the Upper Market corridor. With banked rent increases available which brings the cap rate to 6.06 percent once the banked rent increases are applied. Four two bedroom apartments over two commercial spaces, built 1932, approximately 5,500 square feet on a 2,587 square foot lot with frontage on Market. The four residential units are identical 750 square foot two bedroom, one bath plans, all remodeled. Commercial runs approximately 2,500 square feet: 1,000 on the ground floor fronting Market and 1,500 on the lower level. The commercial space has a dedicated 200 amp service independent of the residential system, so food service, fitness, and wellness users can take occupancy without a service upgrade. Both vacant, lease-up underway, commercial rents set to today's market.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1932
- Lot Size
- 2,587 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Muir (John) Elementary School
Grades K-5 • 0.3 mi
7/10
Sanchez Elementary School
Grades K-5 • 0.6 mi
2/10
Parks (Rosa) Elementary School
Grades K-5 • 0.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 5.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 5,500 | 4,754.5 |
| Lot Size | 2,587 | 1,647.5 |
| Price | $2.60M | $2.60M |
| Price per sq ft | $473 | $541 |
| Built year | 1932 | 1917 |
| HOA | $0 | $0 |
| Days on market | 19 | 116 |
Pricing History
Listed for Sale
Aug 21, 2026
$2,600,000
Initial Listing
Sold
Apr 22, 2014
$1,550,000
Public Record
Sold
Jun 8, 2005
$1,600,000
Public Record