
San Francisco, CA 94114
This Prime Dolores Heights Quadruplex is a premier Trophy Investment Asset listed at $2,695,000, reflecting the enduring value of its location near Mission Dolores Park. While the price sits near the $2,506,896 Fair Market Value, the property’s sweeping downtown views and oversized 5,702 sqft lot provide rare stability and ADU development potential. Maintaining a Condition Rating of 3 with recent exterior updates, the building offers significant rental repositioning upside via a vacant unit. This is an elite acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a generational San Francisco asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3951-3957 20th Street Subject | $2,695,000* List Price | 8 | 4 | 3,325 | $754 | - |
A 161-163 Eureka Street Pending | $2,295,000 List Price | 9 | 3 | 3,690 | $622 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1907, the property is well-maintained with a newer roof and fresh exterior paint. Interior photos show updated kitchens with stainless steel appliances and refreshed bathrooms, indicating a renovation likely within the 5-15 year range. The units appear functional and move-in ready.
Situated in one of San Francisco's most prestigious neighborhoods near Mission Dolores Park, this trophy asset offers exceptional long-term appreciation and high tenant demand.
The oversized 5,702 sqft lot with a 50-foot frontage and expansive rear yard provides a rare opportunity for ADU additions or further site optimization.
With one unit delivered vacant and a history of long-term ownership, there is a compelling opportunity for rental repositioning and capturing significant market-rate upside.
Given the 80-year tenure of the previous owner, the property likely requires substantial capital expenditure to upgrade interior finishes to modern luxury standards.
As a 1907 multi-unit building, the property is subject to strict local rent control ordinances, which can complicate tenant buyouts and limit immediate ROI on occupied units.
Prime Dolores Heights Investment! Rare offering first time on the market in over 80 years. This iconic four-unit building sits on one of San Francisco's most sought-after blocks in Dolores Heights, just moments from the famed Mission Dolores Park and the historic Golden Fire Hydrant at 20th & Church. Set across two parcels totaling a generous 50' x 114' lot, the property features four well-proportioned two-bedroom residences, each with access to storage and shared laundry. The expansive rear yard creates a true urban oasis with garden and patio space, offering both lifestyle appeal and potential for future development (buyer to verify ADU possibilities). Upper units enjoy sweeping downtown San Francisco views, while the unoccupied unit presents a compelling opportunity for owner-user or rental repositioning. All units are 2 bed/1 bath, common laundry room, separate storage. Gross annual income $166,713 (w/projections). Newer roof, exterior paint. A+ location with great upside in rent, a true SF trophy investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 5.0 | 71% |
| Baths | 4.0 | 3.0 | 57% |
| Square foot | 3,325 | 2,595 | 57% |
| Lot Size | 5,702 | 3,005.64 | 86% |
| Price | $2.69M | $2.69M | 50% |
| Price per sq ft | $811 | $811 | 50% |
| Built year | 1907 | 1907 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 180 | 14% |
Apr 17, 2026
$2,695,000
Initial Listing