
San Francisco, CA 94110
This six-unit mixed-use property presents a High-Potential Investment Opportunity with a List Price of $2,995,000—positioned well below the $3,149,005 Fair Market Value by 4%. This valuation gap offers $154,005 in Instant Equity. Featuring a Condition Rating of 2, the asset includes a new roof, updated electrical, and remodeled units with Hardwood Floors and In-Unit Laundry. Located near Dolores Park, this turn-key asset is ideal for Buy-and-Hold Investors or Portfolio Managers seeking immediate, stable cash flow in a prime San Francisco location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3320 22nd Street Subject | $2,995,000* List Price | 5 | 0 | 4,445 | $708 | - |
A 3320 22nd Street Active | $3,375,000 List Price | 5 | 0 | 4,445 | $759 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is a highly improved turn-key asset with four of the five residential units recently remodeled (<5 years) featuring modern finishes like stone countertops and hardwood floors. Significant capital improvements include a new roof installed within the last five years, newer electrical panels, and modern tankless water heaters.
Situated in the highly desirable Dolores Heights and Mission District border, the property is steps from Valencia Street and Dolores Park, ensuring consistently high tenant demand and long-term appreciation.
With four of the five residential units recently remodeled and significant capital improvements including a newer roof and electrical panels, this asset offers immediate cash flow with minimal deferred maintenance.
The units boast high-end Edwardian charm combined with modern upgrades like in-unit laundry, stone countertops, and tankless water heaters, which are significant competitive advantages in the rental market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
As a fully-occupied and highly improved asset, there are fewer opportunities for the next owner to significantly increase value through immediate renovations or rent increases under San Francisco's rent control laws.
The inclusion of a ground-floor retail space introduces commercial leasing complexities and economic sensitivities that differ from standard residential property management.
3318-3320 22nd Street is a six unit mixed-use property in Dolores Heights. This highly improved asset consists of five large one-bedroom units and a ground floor retail space. Four of the apartments have been recently remodeled with quality finishes and modern flair while maintaining their classic Edwardian charm. A new roof was installed within the past five years. The building has newer electrical panels. Each of the remodeled units feature hardwood floors, in-unit laundry, stone countertops, and ornate tilework. Two of the five apartments have AC units, and four units have their own tankless water heaters. Some of the units have nice outlooks over the city. The ground floor apartment opens up to a large rear garden perfect for entertaining or relaxing. Situated just west of Valencia Street, this location provides easy access to the best features of the Mission District while maintaining a quiet neighborhood feel. Tenants also are just blocks away from Dolores Park, making this a highly desirable rental location. This is an excellent opportunity to acquire a fully-occupied turn-key asset that will provide immediate cash flow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,445 | 4,675 | 33% |
| Lot Size | 2,561 | 3,850.7 | 33% |
| Price | $3.00M | $2.95M | 67% |
| Price per sq ft | $674 | $631 | 67% |
| Built year | 1900 | 1900 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 292 | 33% |
May 1, 2026
$2,995,000
Initial Listing
Feb 14, 2025
$1,285,000
Public Record
Aug 16, 2005
$1,050,000
Public Record
Apr 15, 1999
$432,500
Public Record