
San Francisco, CA 94110
This Victorian-era duplex presents a High-Potential Investment Opportunity with a List Price of $1,328,000—positioned well above the $1,263,101 Fair Market Value by -5%. Featuring a Condition Rating of 5, this asset requires significant capital investment to modernize systems and execute the approved ground-floor residential conversion. The property currently generates $8,000/month in rental income, offering immediate cash flow. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to leverage the value-add potential of this San Francisco mixed-use building.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2924-2926 CESAR CHAVEZ Street Subject | $1,328,000* List Price | 9 | 0 | 2,664 | $474 | - |
A 1270-1272 Hampshire Street Pending | $999,000 List Price | 7 | 0 | 2,394 | $417 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1914 Victorian property is marketed as a renovation project, with the listing explicitly stating 'Renovate the property your way.' The exterior shows signs of deferred maintenance, including weathered siding and aged windows. The current configuration of 9 bedrooms sharing only 2 bathrooms for room-by-room rentals suggests heavy wear and tear on the interior and outdated facilities. Significant capital investment is required to modernize the systems, convert the vacant ground floor, and bring the entire structure up to current residential standards.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The upper residential unit generates approximately $8,000 per month through room-by-room rentals, offering immediate and robust cash flow for investors.
The vacant ground-level commercial unit comes with approved site plans for conversion into a 2-bedroom, 2-bathroom residential unit, providing a clear path to increase property value.
The 9-bedroom upper unit is currently rented room-by-room, which typically involves higher tenant turnover and more intensive property management than traditional leases.
As a 1914 Victorian-era building, the property will likely require substantial investment for modernization and the execution of the ground-floor residential conversion.
Preserving San Francisco Victorian-Era Architectural Style! Desirable 2 Unit Mixed-use Victorian Building in San Francisco. Ground level commercial unit is vacant, it can be converted into a quintessential 2 bedroom and 2 bathroom residential unit, approved site plan for it is available. Residential unit above has 2 levels of 9 bedrooms with 2 bathrooms being rented room by room from one master tenant, income around $8,000/month. Perfect for savvy investors, 1031 exchangers, developers, contractors, or even first-time homebuyers looking to live in one unit and collect rent income from the other unit. Property is conveniently located: Close to shops, supermarkets, schools, parks, restaurants, public transportation. Minutes to Downtown San Francisco, San Francisco International Airport with easy access to freeways 101 and 280. Renovate the property your way! Terrific opportunity to own a San Francisco Beauty.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 9.0 | 4.8 |
| Baths | 0.0 | 4.0 |
| Square foot | 2,664 | 3,171.882 |
| Lot Size | 1,389 | 2,678.029 |
| Price | $1.33M | $2.08M |
| Price per sq ft | $498 | $709 |
| Built year | 1914 | 1925 |
| HOA | $0 | $0 |
| Days on market | 335 | 66 |
Oct 9, 2025
$1,328,000
Initial Listing
Jun 11, 2019
$1,280,000
Public Record
Aug 25, 2017
$1,210,000
Public Record
Jun 3, 2003
$550,000
Public Record