
San Francisco, CA 94110
This corner mixed-use property represents a High-Potential Investment Opportunity, listed at a List Price of $1,895,000—positioned well below the $1,849,680 Fair Market Value by -2%. Featuring four residential units and a ground-floor commercial space, the asset offers significant upside through a 65% rental increase potential. With a Condition Rating of 5, the building requires capital improvements to modernize systems and finishes. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to maximize income in the high-demand Bernal Heights submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3697-3699 Mission Street Subject | $1,895,000* List Price | 8 | 4 | 3,750 | $493 | - |
A 3691-3695 Mission Street Active | $2,395,000 List Price | 8 | 0 | 4,738 | $505 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910 and marketed as a 'value-add' opportunity with 65% rental upside, indicating the property likely has not been renovated in over 30 years. The units likely require significant rehab of kitchens, bathrooms, and systems to achieve market rents.
With an estimated 65% rental upside, this property offers a substantial opportunity for investors to increase net operating income through strategic unit turnovers and market-rate adjustments.
The combination of four residential units and a ground-floor commercial space on a prominent corner lot provides a diversified income stream in the high-demand Bernal Heights submarket.
Gas and electric are separately metered for all units, significantly reducing landlord operating expenses and simplifying utility management for the owner.
Originally constructed in 1910, the property may require significant capital expenditures for modern upgrades, deferred maintenance, or San Francisco seismic compliance.
The ground-floor commercial space is currently on a month-to-month lease, which creates potential for immediate vacancy and income instability if the tenant departs.
Corner mixed-use investment in Bernal Heights. Four 2BD/1BA units (650-900 SF each) plus a ground-floor commercial space on a month-to-month lease. Gas and electric are separately metered. Current gross rent is $117,528 annually, with an estimated 65% rental upside an excellent value-add opportunity in a strong, high-demand rental submarket.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 5.5 |
| Baths | 4.0 | 4.0 |
| Square foot | 3,750 | 4,754.5 |
| Lot Size | 2,091 | 1,647.5 |
| Price | $1.90M | $2.60M |
| Price per sq ft | $505 | $541 |
| Built year | 1910 | 1917 |
| HOA | $0 | $0 |
| Days on market | 8 | 116 |
Sep 1, 2026
$1,895,000
Initial Listing