42-46 Wayne Place, San Francisco, CA 94133, San Francisco, 94133 - 0 bed, 0 bath
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San Francisco, CA 94133
This well-maintained triplex presents a High-Potential Investment Opportunity, listed at $1,850,000—positioned slightly above the $1,795,353 Fair Market Value. Despite the premium, the property offers significant stability through its Good Condition Rating and separately metered utilities. With two-bedroom and three-bedroom units in the heart of North Beach, the asset provides immediate rental income with clear upside via future ADU development. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking a high-demand, income-generating asset in a prime San Francisco location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42-46 Wayne Place Subject | $1,850,000* List Price | 0 | 0 | 3,104 | $578 | - |
A 1312-1314 Powell Street Sold | $1,650,000 | 6 | 3 | 3,215 | $513 | 0.1 mi |
B 82-86 Valparaiso Street Pending | $1,595,000 List Price | 5 | 3 | 3,000 | $532 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1913 but described as well-maintained with 'lightly renovated' units and modern kitchens. The presence of separately metered gas and electric systems indicates functional infrastructure updates, and the property is move-in ready for tenants, fitting the 5-15 year renovation window for a 'Good' rating.
Situated in the heart of North Beach and Chinatown, the property is just one block from the cable car line, ensuring high tenant demand and consistent rental appeal in a world-class neighborhood.
The building features separately metered gas and electrical systems and low operating expenses, which maximizes net operating income for the owner.
The property offers significant upside through future renovations and potential ADU development, allowing investors to increase density and long-term asset value.
Built in 1913, the property may require ongoing capital improvements or seismic considerations typical of century-old San Francisco structures.
The absence of dedicated parking in a high-density area like North Beach can be a drawback for certain tenant profiles and may impact premium rent potential.
42-46 Wayne Place is a well-maintained three-flat apartment building located in the heart of North Beach / Chinatown. The property consists of 2 two-bedroom flats and 1 three-bedroom flat. Flats have been lightly renovated and feature modern kitchens. The property benefits from low operating expenses, with separately metered gas and electrical systems. Additional features include a small ground-floor storage or office space and on-site coin-operated laundry. Located just one block from the cable car line, the property offers strong rental income, and upside from future renovations and ADU development.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 6.0 | 20% |
| Baths | 0.0 | 3.0 | 20% |
| Square foot | 3,104 | 3,215 | 40% |
| Lot Size | 1,398 | 1,420.06 | 40% |
| Price | $1.85M | $2.50M | 40% |
| Price per sq ft | $596 | $776 | 40% |
| Built year | 1913 | 1912 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 142 | 20% |
May 7, 2026
$1,850,000
Initial Listing
Jun 24, 2016
$1,795,000
Public Record