3864 Cesar Chavez Street, San Francisco, CA 94131, San Francisco, 94131 - 4 bed, 4 bath

3864 Cesar Chavez Street, San Francisco, CA 94131 home-pic-0

3864 Cesar Chavez Street

San Francisco, CA 94131

ACTIVE UNDER CONTRACT
CONDITION: GOOD
4Beds
4Baths
3,250Sq Ft
2,850Lot Size

Property Price

LIST PRICE$1,850,000

SUMMARY

Analysis of 3864 Cesar Chavez Street, San Francisco, CA 94131 is currently available with a list price of $1,850,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is a well-maintained 1908 Edwardian multi-family building. The photographed vacant unit shows a high-quality renovation with a modern kitchen featuring white shaker cabinets, quartz countertops, and stainless steel appliances. The interior boasts refinished hardwood floors, updated orb-style light fixtures, and fresh paint throughout. While the building's age suggests potential for older systems in the occupied units, the visible condition is move-in ready and reflects significant recent updates to the primary living spaces.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Noe Valley Location

    Situated in one of San Francisco's most desirable and supply-constrained neighborhoods, ensuring consistent tenant demand and long-term capital appreciation.

  • Immediate Value-Add Potential

    The delivery of one vacant unit allows a new owner to immediately capture market-rate rent or provides a rare opportunity for an owner-user to occupy the property.

  • Exceptional Parking Ratio

    The property features four parking spaces for four units, a rare 1:1 ratio in San Francisco that significantly enhances the asset's value and rental appeal.

CONSRISKS & DEFICIENCIES

  • Historic Maintenance Requirements

    Built in 1908, the structure may require ongoing capital expenditures for aging systems, deferred maintenance, or mandatory seismic retrofitting.

  • Rent Control Limitations

    As a multi-unit building in San Francisco, the three occupied units are subject to strict rent control, which limits the immediate upside on cash flow.

  • High-Traffic Corridor

    Located along the Cesar Chavez corridor, the property is subject to higher noise levels and traffic volume compared to quieter residential side streets.

About 3864 Cesar Chavez Street

Marcus & Millichap is pleased to present 3864 Cesar Chavez Street. This property offers investors the opportunity to acquire a well-located 4-unit multifamily asset in the highly desirable Noe Valley neighborhood of San Francisco. The building consists of four 1 bedrooms, 1 bathroom, 4 room flats with parking for up to 4 cars in 2 split garages. Tenants benefit from shared laundry, storage units and landscaped rear yard. The property provides a strong combination of current income and immediate value-add potential, with one vacant unit allowing a new owner to achieve market rents upon acquisition. The remaining three units provide stable in-place cash flow with long-term rent growth. Situated along the Cesar Chavez corridor, the asset benefits from strong tenant demand, proximity to major transit routes, and access to neighborhood retail, dining, and employment centers. This offering is well suited for investors seeking long-term appreciation, cash flow with built-in rent growth, or an owner-user looking to occupy the vacant unit while maintaining income from the property. The combination of location, unit mix, and vacancy makes 3864 Cesar Chavez Street a compelling multifamily acquisition in a supply-constrained San Francisco submarket.

Property Details

Public Facts

Property Type
Quadruplex
Year Built
1908
Lot Size
2,850 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths4.03.0
57%
Square foot3,2502,404
71%
Lot Size2,8502,850
50%
Price$1.85M$1.51M
71%
Price per sq ft$569$675
43%
Built year19081913
29%
HOA$0$0
50%
Days on market46213
14%

Pricing History

Listed for Sale

Jan 20, 2026

$1,850,000

Initial Listing

Browse Properties by State Browse housing market trends by state