
San Francisco, CA 94117
This Residential Income Triplex is a Strong Value Opportunity, listed at $2,999,999—positioned well above the $2,762,981 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3, offering modernized systems and renovated units that minimize immediate capital expenditure. With 11 bedrooms across 4,965 sqft and proximity to Top-Rated Schools like the Chinese Immersion School at Deavila, this asset provides stable rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-income, move-in ready multi-unit property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21 Belvedere Street Subject | $2,999,999* List Price | 11 | 0 | 4,965 | $556 | - |
A 1671-1673 Hayes Street Sold | $2,700,000 | 9 | 6 | 5,175 | $522 | 0.5 mi |
B 630 Haight Street Active | $2,675,000 List Price | 11 | 5 | 4,600 | $582 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1900, the property is well-maintained and features significant updates. Unit 23 has been renovated with a refreshed kitchen, new cabinetry, and updated appliances, while Unit 21 also features updated kitchens and bathrooms. The systems have been modernized to include separate metering and individual heating for each unit, making it move-in ready.
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 expansive triplex features 11 total bedrooms across nearly 5,000 square feet, offering an exceptional unit mix that maximizes rental income potential in a high-demand San Francisco submarket.
The property showcases classic 1900s craftsmanship, including distinctive box-beam ceilings and original hardwood floors, which preserve the historic character highly sought after by San Francisco tenants and investors.
As a structure built in 1900, the property may require significant ongoing maintenance and potential seismic or system upgrades common to century-old buildings that are not fully modernized.
The listing lacks mention of dedicated garage or off-street parking, which is a significant competitive disadvantage in the high-density Haight-Ashbury neighborhood and may limit premium rental rates.
Located in the heart of San Francisco's vibrant Haight-Ashbury neighborhood, 21-25 Belvedere Street is a classic three-unit building offering generous living spaces, period charm, and excellent potential for an investor. The property features a desirable unit mix consisting of one four-bedroom, two-bath flat, one four-bedroom, one-and-a-quarter-bath flat, and one three-bedroom, one-bath flat. Throughout the building, beautiful hardwood floors and distinctive box-beam ceilings showcase the character and architectural details of the home.Unit 23 has been renovated and features a refreshed kitchen with white subway tile backsplash, new cabinetry, and updated appliances. Hardwood and tile flooring extend throughout the unit, which also includes an in-unit washer and dryer and a spacious walk-in pantry. Unit 21 offers an updated kitchen and bathrooms, blending modern improvements with the building's original charm. The lower level provides an abundance of additional interior space with a variety of possibilities, while the spacious rear yard presents an exciting opportunity to create an inviting outdoor retreat. Each unit is separately metered for gas and electricity and features its own heating system.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 11.0 | 4.8 |
| Baths | 0.0 | 4.0 |
| Square foot | 4,965 | 3,171.882 |
| Lot Size | 3,062 | 2,678.029 |
| Price | $3.00M | $2.08M |
| Price per sq ft | $604 | $709 |
| Built year | 1900 | 1925 |
| HOA | $0 | $0 |
| Days on market | 7 | 66 |
Sep 2, 2026
$2,999,999
Initial Listing
Dec 22, 2022
$2,150,000
Public Record