
San Francisco, CA 94110
This High-Potential Investment Opportunity is a Mixed-Use Asset listed at $2,600,000, positioned well below the $2,651,133 Fair Market Value by 1.9%. This valuation gap offers $51,133 in Instant Equity. Featuring a Turnkey Condition Rating with four remodeled residential units and a stable commercial anchor, the property provides immediate cash flow. Located in the transit-rich Mission District, it offers a rare combination of modern infrastructure and high-demand rental stability. This is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a high-performing, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2937 Mission Street Subject | $2,600,000* List Price | 4 | 0 | 5,370 | $494 | - |
A 3312-3316 17th Street Sold | $3,200,000 | 4 | 0 | 6,449 | $496 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in turnkey condition following a recent comprehensive remodel of all four residential units. Updates include modern kitchens with marble countertops and stainless steel appliances, refreshed bathrooms, and upgraded 400-amp electrical service, meeting the criteria for a high-quality renovation within the last 5 years.
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 property features four recently remodeled residential units and a strong commercial anchor tenant, providing immediate cash flow with modern, high-end finishes.
Situated in the heart of the vibrant Mission District, the building offers exceptional walkability and immediate proximity to BART, retail, and nightlife.
As a 1904 construction in San Francisco, the residential units are subject to local rent control ordinances, which may restrict immediate rental income growth.
While some specialized schools nearby perform well, several immediate neighborhood public schools have low ratings, potentially limiting appeal for family tenants.
2937 Mission Street is a well-located mixed-use investment opportunity in San Francisco's vibrant Mission District. The property consists of four one-bedroom apartments and one ground-floor commercial space. All four residential units have been recently remodeled with tasteful, modern finishes including hardwood floors, updated kitchens with marble countertops and stainless steel appliances, and refreshed bathrooms, all while preserving the building's original charm. The commercial space is leased to Evil Eye Cocktail Lounge, a strong anchor tenant providing a reliable income stream, and the residential units offer stable occupancy with significant upside as tenancies turn over. The building also features garage parking at the rear, accessed on Lilac Street, that is currently leased by the commercial tenant. Additional systems include 400- amp electrical service and separately metered gas and electricity for all units. Situated on a walkable, transit-rich stretch of Mission Street, the property benefits from immediate proximity to BART, restaurants, retail, and nightlife in one of the city's most dynamic and culturally rich neighborhoods. This is a compelling opportunity to acquire a turnkey, income-producing mixed-use asset in a high-demand San Francisco corridor.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.5 |
| Baths | 0.0 | 4.0 |
| Square foot | 5,370 | 4,754.5 |
| Lot Size | 3,450 | 1,647.5 |
| Price | $2.60M | $2.60M |
| Price per sq ft | $484 | $541 |
| Built year | 1904 | 1917 |
| HOA | $0 | $0 |
| Days on market | 22 | 116 |
Aug 18, 2026
$2,600,000
Initial Listing
Jun 15, 2015
$2,150,000
Public Record
Apr 28, 2005
$1,100,000
Public Record