
San Francisco, CA 94115
This Triplex Residential Income property is a High-Potential Investment Opportunity, listed at $5,995,000—positioned above the $5,208,517 Fair Market Value. While priced at a premium, the building features a Condition Rating of 2, reflecting a comprehensive, ground-up, stud-out reconstruction with modern systems. With its fully detached configuration, private storage, and landscaped yard, this asset offers rare rental appeal in a prime location. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-end multi-unit residence in San Francisco.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2065-2069 Ofarrell Street Subject 7 bd · 6 ba · 4,266 sqft · $1,223 | $5,995,000* List Price | 7 | 6 | 4,266 | $1,223 | - |
A 2924 Sacramento Street Sold 7 bd · 5 ba · 4,116 sqft · $1,116 · 0.5 mi | $4,595,000 | 7 | 5 | 4,116 | $1,116 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property underwent a complete ground-up, stud-out reimagining with all-new structural beams, plumbing, electrical, and HVAC systems. The interior features mint-condition designer finishes, high-end marble kitchens with professional appliances, and modern bathrooms, meeting the criteria for a recent top-tier renovation.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
This property underwent a comprehensive studs-out rebuild including steel structural beams and all-new electrical and plumbing systems, offering the reliability of new construction.
Fully detached on all sides and adjacent to a mini-park, the building provides exceptional natural light, privacy, and air circulation that is highly uncommon for San Francisco multi-unit dwellings.
At a nearly $6 million price point, the property requires a substantial capital investment which may result in a lower initial cap rate compared to less renovated value-add opportunities.
While the location is prestigious, several of the closest assigned public schools have low performance ratings, which may be a concern for families looking to occupy one of the units.
THE MARENGO In the year of the horse, The Marengo doesn't place it wins. The name carries history. Marengo was Napoleon Bonaparte's legendary warhorse a grey Arabian celebrated for the grace and endurance it carried through some of the era's most decisive battles, and remembered long after as a symbol of staying power. It's a fitting namesake for three residences built the same way: to outlast trend, to outlast time. Perfectly positioned between Pacific Heights and Alamo Square, just a few doors down from the Divisadero Corridor and conveniently located next to the quaint Beideman-O'Farrell Mini Park, The Marengo is a ground-up reimagining of three residences, rebuilt from the studs out new windows, steel structural beams throughout, all-new plumbing, electrical, systems and framing with nothing left untouched and nothing left to chance. The building itself is a rarity in the city: fully detached on all sides, abutted by the park to the East, filling every residence with incredible ceiling height and light. It's a home that feels tucked into the trees while sitting just a few doors down from everything the city has to offer. Each residence carries the same design language: designer finishes, gorgeous tile work, kitchens with a hidden walk-in pantry tucked just out of sight, and its own dedicated laundry hub. Every residence comes with a dedicated parking space and private storage, and all three share a gorgeous, expansive newly landscaped yard built for entertaining and dining al fresco. This year of the horse, put your money on The Marengo.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.6 |
| Baths | 6.0 | 4.0 |
| Square foot | 4,266 | 3,221.149 |
| Lot Size | 2,248 | 2,766.255 |
| Price | $6.00M | $2.13M |
| Price per sq ft | $1.4K | $697 |
| Built year | 1900 | 1925 |
| HOA | $0 | $0 |
| Days on market | 39 | 53 |
Sep 15, 2026
$5,995,000
Initial Listing
Jan 8, 2025
$1,800,000
Public Record