
San Francisco, CA 94110
This Strong Value Opportunity is a Mixed-Use Asset listed at $2,095,000, positioned well below the $2,242,243 Fair Market Value by 6%. This valuation gap provides $147,243 in Instant Equity. With a Condition Rating of 4, the property offers significant upside through operational improvements and rent optimization. Featuring a 6.1% CAP rate and a diversified income stream from two residential flats and a commercial space, this is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking stable cash flow in a high-demand district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3691-3695 Mission Street Subject 8 bd · 0 ba · 4,738 sqft · $473 | $2,095,000* List Price | 8 | 0 | 4,738 | $473 | - |
A 3697-3699 Mission Street Active 8 bd · 4 ba · 3,750 sqft · $505 · 0.0 mi | $1,895,000 List Price | 8 | 4 | 3,750 | $505 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1908, this mixed-use property is functional and fully occupied but shows significant age. While maintained, the interior finishes visible are dated, and the listing's emphasis on 'future rent optimization' and 'operational improvements' suggests that kitchens, bathrooms, and building systems have not undergone major renovations in over 20 years.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property boasts a 6.1% CAP rate, offering an exceptionally high yield and immediate cash flow in a San Francisco market where such high-performing assets are increasingly rare.
The mixed-use configuration, featuring two expansive residential flats and a ground-floor commercial space, provides a stable and diversified revenue stream that mitigates investment risk.
Built in 1908, this century-old structure may require significant ongoing maintenance, capital improvements, or seismic retrofitting to meet modern standards and preserve long-term value.
The upper residential unit features a five-bedroom layout with only 1.5 bathrooms, which may limit its appeal to premium tenants and impact the potential for future rent optimization.
Located along the vibrant Mission corridor at the crossroads of the Mission District and Bernal Heights, 3691-3695 Mission Street presents a compelling mixed-use investment opportunity in one of San Francisco's most dynamic and high-demand neighborhoods. This substantial 4,738 square foot building currently offers a 6.6% CAP rate and features two expansive residential flats above a ground-floor commercial space, providing both size and income diversification. The upper residential unit offers a generous five-bedroom, one-and-a-half-bathroom layout, while the middle unit features an exceptionally large six-bedroom, four-and-a-half-bathroom configuration. These oversized floor plans support strong rental performance and are well-suited to shared living arrangements, a highly desirable housing format in San Francisco. At street level, the commercial space is currently occupied as a dance studio, benefiting from strong visibility along Mission Street and steady neighborhood activity, supporting long-term income stability. The property is fully occupied with established tenants, delivering immediate in-place income and an attractive return profile. With a strong rent roll and favorable gross income multiplier, this is a rare opportunity to acquire a high-yield asset in a market where cash-flowing properties are increasingly difficult to find. Additional upside exists through future rent optimization and operational improvements. Positioned in a prime location, the property offers immediate access to renowned restaurants, cafes, neighborhood retail, and everyday amenities. The Mission Street corridor is known for its vibrant culture and consistent tenant demand, while excellent commuter access to public transit and major freeways ensures connectivity throughout San Francisco and the greater Bay Area. With its rare scale, diversified income stream, strong cash flow, and prime location, 3691-3695 Mission Street represents a unique opportunity for investors seeking stability, performance, and long-term upside.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 5.3 |
| Baths | 0.0 | 4.0 |
| Square foot | 4,738 | 4,735.5 |
| Lot Size | 2,097 | 1,879.5 |
| Price | $2.10M | $2.60M |
| Price per sq ft | $442 | $547 |
| Built year | 1908 | 1911 |
| HOA | $0 | $0 |
| Days on market | 38 | 123 |
Sep 16, 2026
$2,095,000
Initial Listing
Sep 21, 2018
$2,135,000
Public Record
Oct 19, 2004
$756,000
Public Record