3451 22nd St, San Francisco, CA 94110, San Francisco, 94110 - bed, bath
ACTIVE$1,800,000$3,140/sqft
3451 22nd St, San Francisco, CA 94110
0Bed
0Bath
3,140Sqft
1,855Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: The property boasts an exceptional location, just steps from iconic Dolores Park in San Francisco's vibrant Mission District, ensuring high tenant demand and desirability.
Top Cons:
Property Age: Built in 1924, the property may require substantial capital expenditures for system upgrades, structural maintenance, or modernization to meet current market expectations.
Compared to the nearby listings
Price:$1.80M vs avg $1.51M (+$287,500)60%
Size:3,140 sqft vs avg 2,782.5 sqft60%
Price/sqft:$573 vs avg $52755%
More Insights
Built in 1924 (102 years old).
Condition: Built in 1924, this property is nearly 100 years old. The listing description and AI analysis explicitly mention the 'potential for outdated interiors' and the need for 'substantial capital expenditures for system upgrades, structural maintenance, or modernization.' Crucially, there are no interior photos of the residential units (kitchens, bathrooms, living spaces), which strongly suggests these areas are significantly outdated and require extensive renovation. While the laundromat equipment appears modern, this is a commercial component and does not reflect the condition of the residential living spaces. The visible exterior and common areas, along with the worn garage door and older electrical panels, further support the need for substantial repairs and rehabilitation throughout the residential portions of the property.
Year Built
1924
Close
-
List price
$1.8M
Original List price
-
Price/Sqft
$573
HOA
$0
Days on market
-
Sold On
-
MLS number
41098175
Home ConditionPoor
Features
View-
About this home
Three 1 bed apartments, an on site manager’s office, a garage, and laundromat — all just steps from iconic Dolores Park. Prime location, strong cash flow, and rare investment upside in the heart of San Francisco. Dolores Park is a vibrant and iconic green space in San Francisco’s Mission District, known for its sunny weather, scenic city views, and lively community atmosphere. Popular for picnics, people-watching, and weekend gatherings, it offers a perfect blend of natural beauty and urban energy.
G
Garrick Yan
Listing Agent
Condition Rating
Poor
Built in 1924, this property is nearly 100 years old. The listing description and AI analysis explicitly mention the 'potential for outdated interiors' and the need for 'substantial capital expenditures for system upgrades, structural maintenance, or modernization.' Crucially, there are no interior photos of the residential units (kitchens, bathrooms, living spaces), which strongly suggests these areas are significantly outdated and require extensive renovation. While the laundromat equipment appears modern, this is a commercial component and does not reflect the condition of the residential living spaces. The visible exterior and common areas, along with the worn garage door and older electrical panels, further support the need for substantial repairs and rehabilitation throughout the residential portions of the property.
Pros & Cons
Pros
Prime Location: The property boasts an exceptional location, just steps from iconic Dolores Park in San Francisco's vibrant Mission District, ensuring high tenant demand and desirability.
Strong Cash Flow: Comprising three 1-bedroom apartments, an on-site manager's office, a garage, and a laundromat, the property is positioned for strong cash flow generation.
Significant Investment Upside: The listing explicitly highlights 'rare investment upside' in a highly competitive and appreciating San Francisco market.
Diverse Income Streams: Multiple revenue sources from residential units, a manager's office, a garage, and a laundromat provide financial stability and flexibility.
Desirable Neighborhood Amenities: Located in an area known for sunny weather, scenic city views, and a lively community atmosphere, enhancing tenant attraction and retention.
Cons
Property Age: Built in 1924, the property may require substantial capital expenditures for system upgrades, structural maintenance, or modernization to meet current market expectations.
Potential for Outdated Interiors: As an older income property, there's a likelihood of outdated unit interiors or deferred maintenance, which could necessitate renovations to maximize rental income or tenant appeal.
Limited Parking: While a garage is mentioned, for a quadruplex in a dense urban area like San Francisco, the parking provision may be insufficient for all tenants, potentially impacting desirability.