
San Francisco, CA 94121
This Mixed-Use Value-Add Asset is listed at $1,250,000, representing a strategic acquisition in the stable Outer Richmond neighborhood. With a Condition Score of 5, the property requires substantial rehabilitation to modernize its two residential flats and ground-floor commercial space. Residents benefit from a Distant Golden Gate Bridge View and proximity to Golden Gate Park, with access to elite schools like Lafayette Elementary (9/10) and Lowell High School (10/10). This project is an ideal match for Buy-and-Hold Investors or Owner-Users seeking long-term appreciation and rental upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3405 Anza Street Subject | $1,150,000* List Price | 5 | 1 | 2,700 | $309 | - |
A 3439-3443 Balboa Street Sold | $980,000 | 4 | 0 | 2,710 | $362 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1914, this mixed-use property is explicitly marketed as a 'value-add' opportunity requiring 'substantial investment for modern upgrades and structural maintenance.' The absence of interior photos of the kitchens and bathrooms, coupled with the listing's focus on renovation and repositioning, indicates that the living spaces and major systems likely require significant rehabilitation to meet modern standards.
Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in the stable Outer Richmond neighborhood, the property is just blocks from Golden Gate Park and the vibrant Clement Street corridor, ensuring high tenant demand and long-term desirability.
The delivery of a vacant residential unit and a month-to-month commercial lease provides an immediate opportunity for renovation, repositioning, and capturing market-rate rental upside.
Built in 1914, the property likely requires substantial investment for modern upgrades and structural maintenance to realize its full market potential.
The residential units feature a low bathroom-to-bedroom ratio, specifically a three-bedroom flat with only one bathroom, which may be a drawback for modern families or high-end renters.
3405 Anza Street presents a rare opportunity to acquire a well-located three-unit mixed-use asset in the heart of San Francisco's Outer Richmond one of the city's most stable and supply-constrained residential neighborhoods. The property consists of two residential flats and a ground-floor commercial space, offering an attractive blend of income diversification and long-term appreciation potential. The residential unit mix includes a spacious three-bedroom, one-bath flat, and a two-bedroom, one-bath unit. The ground floor residential unit is currently delivered vacant and presents significant value-add upside through renovation and repositioning. The commercial tenant operates on a month-to-month basis, providing additional flexibility for an investor or owner-user seeking to optimize the tenancy mix and rental income. The building is separately metered for water, gas, and electricity, allowing for efficient expense management. With tenants responsible for utilities, the property operates with minimal overhead, enhancing overall cash flow potential. Ideally positioned just three blocks from Golden Gate Park and two blocks from the vibrant Clement Street corridor known for its acclaimed restaurants, cafes, and neighborhood retail the property benefits from strong walkability and proximity to major transit routes. 3405 Anza Street is well suited for investors seeking long-term appreciation with built-in rental upside, or an owner-user looking to occupy the vacant unit while maintaining steady income from the remaining spaces.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 6.0 | 50% |
| Baths | 1.0 | 0.0 | 75% |
| Square foot | 2,700 | 3,342.5 | 25% |
| Lot Size | 1,792 | 2,143.995 | 50% |
| Price | $1.15M | $1.38M | 50% |
| Price per sq ft | $426 | $414 | 50% |
| Built year | 1914 | 1919 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 235 | 25% |
Apr 10, 2026
$1,150,000
$1,250,000
-8% Price Drop
Initial Listing
Feb 1, 2026
$1,250,000
Initial Listing