2929 Geary Boulevard, San Francisco, CA 94118, San Francisco, 94118 - 10 bed, bath
2929 Geary Boulevard
San Francisco, CA 94118
Property Price
SUMMARY
Analysis of 2929 Geary Boulevard, San Francisco, CA 94118 is currently available with a list price of $5,650,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1984, this property fits the criteria for 'fair' as it is 40 years old with no mention of recent major renovations. While the infrastructure is described as modern compared to older San Francisco stock and includes an elevator, the 'value-add potential' suggests that the residential units and commercial spaces likely feature dated finishes, original 1980s cabinetry, and older appliances that require updating to meet current luxury standards.
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).
- Significant Value-Add Potential
The property offers a unique opportunity to increase equity and rental income by converting the existing commercial mezzanine space into an additional floor of residential units.
- Substantial Scale and Versatility
With over 17,000 square feet of space, this mixed-use building features seven large residential units and a massive two-story commercial area, providing diverse and robust income streams.
CONSRISKS & DEFICIENCIES
- High-Traffic Corridor
Located on Geary Boulevard, the property is subject to significant street noise and heavy transit traffic, which may be a deterrent for some residential tenants.
- Commercial Vacancy Risk
The large, two-story commercial footprint may be more challenging to lease in the current market compared to smaller retail spaces, potentially leading to longer vacancy periods.
About 2929 Geary Boulevard
1984 built mixed use building with 7 residential units with an elevator and a huge, 2 story commercial space on a very large lot. Very large apartments. Excellent income. Value add potential to convert the commercial mezzanine space into an additional floor of residential units.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1984
- Lot Size
- 6,250.86 Sq. Ft.
Interior
- Total Bedrooms
- 10
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
New Traditions Elementary School
Grades K-5 • 0.5 mi
Chinese Immersion School At Deavila
Grades K-5 • 0.9 mi
San Francisco Public Montessori School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 10.0 | 9.0 | 50% |
| Baths | - | 1.0 | 50% |
| Square foot | 17,488 | 11,828 | 50% |
| Lot Size | 6,250.86 | 4,750.43 | 50% |
| Price | $5.65M | $3.92M | 50% |
| Price per sq ft | $323 | $340 | 50% |
| Built year | 1984 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 141 | 50% |
Pricing History
Listed for Sale
Feb 23, 2026
$5,650,000
Initial Listing
Sold
Jun 15, 2023
$4,450,000
Public Record