
San Francisco, CA 94123
This six-unit multifamily property presents a High-Potential Investment Opportunity with a List Price of $4,495,000—positioned well below the $5,185,530 Fair Market Value by 13%. This valuation gap offers $690,530 in Instant Equity. Featuring a Good Condition Rating and significant ADU conversion potential, the asset provides immediate rental yield with strategic upside. Located in the prestigious Marina District near top-rated schools like Lilienthal Elementary, this is an ideal acquisition for Buy-and-Hold Investors or multifamily developers seeking a stable, high-demand income property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3554 Pierce Street Subject 0 bd · 0 ba · 6,324 sqft · $820 | $4,495,000* List Price | 0 | 0 | 6,324 | $820 | - |
A 3690 Fillmore Street Sold 0 bd · 0 ba · 4,300 sqft · $872 · 0.2 mi | $3,750,000 | 0 | 0 | 4,300 | $872 | 0.2 mi |
B 1450 Jefferson St Pending 0 bd · 0 ba · 4,470 sqft · $870 · 0.2 mi | $3,890,000 List Price | 0 | 0 | 4,470 | $870 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1927, the interior shows signs of recent maintenance and updates including refinished hardwood floors and fresh paint. The units appear move-in ready and well-maintained, fitting the 5-15 year renovation profile for a 'Good' rating despite the building's overall age.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in one of San Francisco's most prestigious and high-demand neighborhoods, the property offers exceptional long-term appreciation potential and proximity to elite dining, shopping, and waterfront recreation.
The inclusion of additional space specifically noted for ADU conversion provides a strategic opportunity for investors to increase unit count, density, and overall rental yield.
The property offers only three parking spaces for six units; in a neighborhood where street parking is extremely scarce, this 0.5:1 ratio may be a deterrent for high-income tenants with vehicles.
Built in 1927, the building likely requires ongoing capital improvements for aging systems and may be subject to San Francisco's stringent seismic retrofitting ordinances, increasing ownership costs.
An exceptional multifamily opportunity in San Francisco's coveted Marina District. 3554 Pierce Street presents a six-unit building featuring generously proportioned one-bedroom residences. Additionally the building has three car parking and additional space perfect for ADU conversion. Ideally situated in the Marina, the property offers access to the neighborhood's distinctive residential character, neighborhood shopping, dining, recreation, and the broader amenities of San Francisco. With six substantial one-bedroom units and three on-site parking spaces, 3554 Pierce Street represents a distinctive opportunity to acquire a multifamily property in one of San Francisco's established residential neighborhoods.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 4.0 |
| Square foot | 6,324 | 3,221.149 |
| Lot Size | 2,609 | 2,766.255 |
| Price | $4.50M | $2.13M |
| Price per sq ft | $711 | $697 |
| Built year | 1927 | 1925 |
| HOA | $0 | $0 |
| Days on market | 23 | 53 |
Oct 1, 2026
$4,495,000
Initial Listing
Jun 9, 2016
$4,250,000
Public Record
Oct 7, 1993
$813,636
Public Record