2403 16th Street, San Francisco, CA 94103, San Francisco, 94103 - 6 bed, bath
2403 16th Street
San Francisco, CA 94103
Property Price
SUMMARY
Analysis of 2403 16th Street, San Francisco, CA 94103 is currently available with a list price of $3,882,971. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1909, this mixed-use property shows significant signs of age and deferred maintenance in critical areas. While one residential unit appears to have updated hardwood floors (Image 4), the commercial unit is presented as a shell requiring full build-out (Image 8). Crucially, the basement (Images 9, 10) reveals exposed, very old plumbing and electrical systems, indicating that major infrastructure components are outdated and likely require substantial repair or replacement. No images of kitchens or bathrooms for the residential units are provided, which are key indicators of condition, but the floor plan shows a very small bathroom. The overall condition suggests substantial repairs and rehabilitation are needed for major systems and at least one unit, aligning with a 'Poor' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime San Francisco Location
Ideally situated in one of San Francisco's most dynamic and thriving neighborhoods, offering excellent street visibility, strong exposure, and convenient access to restaurants, shops, parks, and public transit.
- Mixed-Use & Diversified Income Potential
A three-unit mixed-use building comprising two residential condominiums and one commercial condominium, providing multiple revenue streams and flexibility for owner occupancy or rental income.
- Condo-Converted Status
Fully condo-converted, allowing for individual unit sales, flexible leasing strategies, and long-term portfolio diversification, enhancing investment versatility.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential for Undisclosed Upgrades
Built in 1909, the property may have original or outdated systems (electrical, plumbing, HVAC) that could require significant capital investment for modernization, which is not detailed in the description.
- Inconsistent Listing Dates
The 'on_market_date' and 'modified_timestamp' are listed in the future (2025), indicating potential data entry errors or a pre-listing status that could cause confusion regarding the property's true market availability.
- Unclear Common Area Management/Costs
The stated 'association_fee: 0' for a condo-converted mixed-use building is highly unusual and suggests a lack of formal common area management or potential for unallocated shared expenses, which could become a future burden for owners.
About 2403 16th Street
Prime Commercial Mixed-Use Opportunity in the Heart of San Francisco Welcome to 2401-2403-2405 16th Street, an exceptional commercial mixed-use building ideally located in one of San Francisco's most dynamic and thriving neighborhoods. This condo-converted property offers a unique investment or owner-user opportunity, featuring two residential condominium units and one commercial condominium, all within a classic San Francisco faade that blends timeless architecture with modern flexibility. Property Highlights Three-unit mixed-use building Two residential condos ideal for owner occupancy or rental income One commercial condo offering excellent street visibility and foot traffic Fully condo-converted perfect for individual sales, leasing strategies, or long-term portfolio diversification Corner location on 16th Street, ensuring strong exposure and accessibility Residential Units Each residential condo offers bright, well-proportioned living spaces with the charm and character that define San Francisco homes. Ideal for end-users, investors, or those seeking live-work flexibility, these units benefit from a prime location near restaurants, shops, parks, and public transit. Commercial Unit The ground-floor commercial condo presents a versatile open layout.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1909
- Lot Size
- 2,500.34 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 7.5 | 50% |
| Baths | - | - | 50% |
| Square foot | 5,832 | 8,200 | 50% |
| Lot Size | 2,500.34 | 5,000.685 | 50% |
| Price | $3.88M | $3.05M | 50% |
| Price per sq ft | $666 | $438 | 50% |
| Built year | 1909 | 1897 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 148 | 146 | 0% |
Pricing History
Listed for Sale
Oct 10, 2025
$3,882,971
Initial Listing
Sold
Mar 14, 2019
$1,032,500
Public Record