
San Francisco, CA 94110
This Six-Unit Mixed-Use Asset in Dolores Heights represents a stabilized, fully-occupied investment listed at $3,375,000, positioned near its $3,163,322 Fair Market Value. Boasting a Good Condition Rating, the property features four extensively remodeled residential units equipped with stone countertops, hardwood floors, and in-unit laundry. Significant infrastructure updates, including a new roof and upgraded electrical panels, minimize immediate capital expenditures. With city skyline views and a prime location blocks from Dolores Park, this turn-key property is an ideal acquisition for Buy-and-Hold Investors or Commercial Portfolio Managers seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3320 22nd Street Subject | $3,375,000* List Price | 5 | 0 | 4,445 | $712 | - |
A 943 S South Van Ness Avenue Sold | $2,950,000 | 0 | 0 | 4,675 | $631 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1900, the listing explicitly states that four of the five residential units have been 'recently remodeled with quality finishes and modern flair' within the last five years, including new roofs and newer electrical panels. The images confirm these renovations, showcasing modern kitchens with white shaker cabinets, stone countertops, stainless steel appliances, and in-unit laundry, as well as updated bathrooms with contemporary vanities and tilework. Hardwood floors are present throughout. However, at least one bathroom (Image 6) appears to be original or older, featuring a clawfoot tub and pedestal sink, which, while clean and functional, is not 'new or virtually new.' This mixed condition, with the majority of units extensively renovated but not all, and the overall age of the building, places it in the 'Good' category as a move-in ready, highly improved asset with well-maintained systems, rather than 'Excellent' which implies all components are virtually new.
This mixed-use property offers six units (five residential, one retail), providing diversified income streams. It is fully occupied, ensuring immediate cash flow for the investor.
Four of the five residential units have been recently remodeled with high-quality finishes, including hardwood floors, stone countertops, in-unit laundry, and ornate tilework, blending modern comfort with classic Edwardian charm.
Significant capital improvements, such as a new roof installed within the past five years and newer electrical panels, reduce immediate maintenance concerns and future capital expenditures for a new owner.
Not all residential units are equipped with AC or tankless water heaters (only two units have AC, and four have tankless water heaters), which could lead to varying tenant expectations or rental values across units.
Despite recent upgrades to the roof and electrical panels, the building's 1900 construction year suggests potential for ongoing maintenance or future capital expenditures related to original structural or plumbing systems not explicitly mentioned as updated.
The property description does not mention any dedicated parking, which can be a significant drawback for tenants and the retail space in a dense urban environment like San Francisco.
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 features 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 are also 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 | 4.5 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,445 | 4,560 | 50% |
| Lot Size | 2,561.33 | 3,635.08 | 25% |
| Price | $3.38M | $2.73M | 75% |
| Price per sq ft | $759 | $517 | 75% |
| Built year | 1900 | 1900 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 142 | 249 | 25% |
Dec 1, 2025
$3,375,000
Initial Listing