4487-4489 Mission Street, San Francisco, CA 94112, San Francisco, 94112 - 3 bed, 3 bath
ACTIVE$998,000
4487-4489 Mission Street, San Francisco, CA 94112
3Beds
3Baths
2,900Sqft
2,086.52Lot
Year Built
1906
Close
-
List price
$998K
Original List price
-
Price/Sqft
$344
HOA
$0
Days on market
-
Sold On
-
MLS number
425059811
Home ConditionFair
Features
View-
About this home
We found 3 Cons,6 Pros.
Dual-income potential: Perfect for owner-occupancy with supplemental rental income, or a pure investment opportunity. Excelsior District: Mixed Use with heavy foot traffic. Vacant upper flat is 2 bedrooms and 1 bath residential unit with spacious attic. Street level is commercial renting month to month $2,650. Back 2nd unit is 1 bedroom and 1 bath (tenants occupied $940 per month).If you have any questions please feel free to call Tel:415.279.6833
Nearby schools
5/10
Monroe Elementary School
Public,•K-5•0.2mi
3/10
Cleveland Elementary School
Public,•K-5•0.4mi
3/10
Glen Park Elementary School
Public,•K-5•0.5mi
6/10
Hillcrest Elementary School
Public,•K-5•0.8mi
4/10
Serra (Junipero) Elementary School
Public,•K-5•1.0mi
2/10
Fairmount Elementary School
Public,•K-5•1.1mi
4/10
Guadalupe Elementary School
Public,•K-5•1.1mi
1/10
Mission Education Center
Public,•K-5•1.1mi
6/10
Visitacion Valley Elementary School
Public,•K-5•1.6mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•3.0mi
6/10
San Francisco Public Montessori School
Public,•K-5•4.6mi
/10
Chinese Education Center
Public,•K-5•5.0mi
3/10
San Francisco Community Alternative School
Public,•K-8•0.0mi
2/10
Revere (Paul) Elementary School
Public,•K-8•1.3mi
3/10
Visitacion Valley Middle School
Public,•6-8•1.4mi
3/10
King Jr. (Martin Luther) Academic Middle School
Public,•6-8•1.6mi
3/10
Lick (James) Middle School
Public,•6-8•1.6mi
6/10
Rooftop Elementary School
Public,•K-8•2.0mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•2.0mi
7/10
Hoover (Herbert) Middle School
Public,•6-8•2.4mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•3.0mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•3.7mi
9/10
Lawton Alternative Elementary School
Public,•K-8•3.8mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•5.3mi
7/10
Balboa High School
Public,•9-12•0.5mi
2/10
Jordan (June) School For Equity
Public,•9-12•0.6mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•1.6mi
6/10
Academy Of Arts And Sciences
Public,•9-12•1.6mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•1.6mi
2/10
Marshall (Thurgood) High School
Public,•9-12•1.8mi
2/10
S.F. International High School
Public,•9-12•2.4mi
3/10
Mission High School
Public,•9-12•2.4mi
3/10
O'connell (John) High School
Public,•9-12•2.5mi
10/10
Lowell High School
Public,•9-12•2.8mi
1/10
Downtown High School
Public,•9-12•2.9mi
7/10
Lincoln (Abraham) High School
Public,•9-12•3.0mi
2/10
Wells (Ida B.) High School
Public,•9-12•3.4mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•3.8mi
7/10
Washington (George) High School
Public,•9-12•4.8mi
8/10
Galileo High School
Public,•9-12•5.3mi
Price History
Date
Event
Price
07/22/25
Price Change
$998,000
04/11/95
Sold
$235,000
Condition Rating
Fair
Built in 1906, the residential units of this mixed-use property show significant age. While hardwood floors are present and appear well-maintained, the bathrooms (the only interior residential spaces shown) feature dated tiling and older vanities, suggesting renovations that are 15-30 years old rather than recent. There are no images of the kitchen(s), but based on the visible bathrooms and the property's age, it's highly probable they are also outdated. The property is functional and appears to be maintained, but requires minor updates to meet current aesthetic and functional standards, particularly in the wet areas. The commercial unit is modern, but the residential components drive this 'Fair' assessment.
Pros & Cons
Pros
Great Schools: Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Mixed-Use & Diversified Income: The property's mixed-use zoning (commercial and residential) provides diversified income streams, reducing risk and offering flexibility for owner-occupancy or pure investment.
High Foot Traffic Location: Located in the Excelsior District with heavy foot traffic, which is ideal for the commercial unit and enhances its long-term rental viability and potential for business success.
Vacant Upper Residential Unit: The 2-bedroom, 1-bath upper flat is vacant, allowing for immediate owner-occupancy or the opportunity to lease at current market rates, significantly increasing potential rental income.
Existing Commercial Income: An established commercial tenant provides a steady income stream of $2,650/month, contributing to immediate cash flow for the new owner.
Value-Add Potential (Attic): The vacant upper flat includes a spacious attic, presenting an opportunity for future expansion, conversion, or value enhancement, subject to city regulations.
Cons
Below Market Residential Rent: The occupied 1-bedroom unit's rent of $940/month is substantially below current San Francisco market rates, likely due to rent control, limiting immediate income optimization from this unit.
Commercial Lease Instability: The commercial tenant is on a month-to-month lease, which could lead to unexpected vacancy or require renegotiation, posing a risk to consistent commercial income.
Historic Property Maintenance: As a 1906 build, the property may require significant capital expenditure for ongoing maintenance, system upgrades, and potential compliance with modern building codes.