4499 17th, San Francisco, CA 94114, San Francisco, 94114 - bed, bath

4499 17th, San Francisco, CA 94114 home-pic-0
ACTIVE$2,850,000
4499 17th, San Francisco, CA 94114
0Bed
0Bath
Sqft
Lot
Year Built
1900
Close
-
List price
$2.85M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
41082344
Home ConditionExcellent
Features
Excellent View:
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.85M(73th), sqft - 0(18th), beds - undefined(18th), baths - undefined(50th).

Welcome to 4499 17th Street, a stunning mixed-use property in the heart of San Francisco that perfectly blends residential comfort with commercial opportunity. Nestled in a vibrant neighborhood, this property offers three beautifully appointed residential units and a versatile commercial space, all with breathtaking views that will captivate you and your tenants alike. Unit 1: A spacious 3-bedroom, 2-bathroom apartment featuring an open-concept living area, modern kitchen with stainless steel appliances, and a private balcony that offers panoramic cityscape views. Ideal for families or professionals seeking a serene yet stylish living space. 2 Unit 2: This charming 1-bedroom, 1-bathroom unit is perfect for singles or couples. It boasts an inviting living area with large windows that flood the space with natural light, a contemporary kitchen, and sweeping views of the surrounding hills. 3 Unit 3: A cozy 1-bedroom, 1-bathroom apartment with an efficient layout. Commercial Space: The ground floor commercial space is rented as a liquor store. With a large storefront window which provides excellent visibility.

Price History

Date
Event
Price
01/14/25
Price Change
$2,850,000
Condition Rating
Excellent

Despite being built in 1900, this property has undergone extensive and recent renovations, bringing all residential units to a virtually new condition. The kitchens are modern with stainless steel appliances, updated cabinetry (light wood or white shaker), and contemporary countertops and backsplashes. Bathrooms are fully updated with modern vanities, fixtures, glass shower enclosures, and stylish tile work. Consistent modern flooring (dark wood laminate and large-format tile) and updated light fixtures are present throughout, indicating a high standard of recent renovation. The property is move-in ready with no deferred maintenance visible in the updated areas.
Pros & Cons

Pros

Mixed-Use & Diversified Income: The property offers a robust blend of residential and commercial spaces, providing multiple income streams from three residential units and a stable commercial tenant (liquor store), enhancing investment security.
Prime San Francisco Location: Nestled in the 'heart of San Francisco,' this highly desirable address ensures strong tenant demand, potential for capital appreciation, and excellent access to city amenities.
Breathtaking Views: Residential units boast 'panoramic cityscape views' and 'sweeping views of the surrounding hills,' a premium amenity that significantly increases desirability and perceived value for tenants.
Modernized Residential Interiors: At least two residential units feature modern/contemporary kitchens with stainless steel appliances and open-concept living areas, appealing to current renter preferences and potentially reducing immediate renovation costs.
Established Commercial Presence: The ground-floor commercial space is rented as a liquor store with 'excellent visibility,' indicating a reliable and established commercial income component with a strong street presence.

Cons

Age of Property & Potential Maintenance: Built in 1900, the property may require significant capital expenditures for structural integrity, seismic upgrades, or updating core building systems (plumbing, electrical) not explicitly mentioned as modernized.
San Francisco Rent Control & Tenant Laws: Residential units are highly likely subject to strict rent control and tenant protection ordinances in San Francisco, potentially limiting rental income growth and increasing landlord responsibilities and risks.
Limited Amenity Details: The description lacks specific information on crucial amenities such as parking, in-unit laundry, or shared outdoor spaces for the residential units, which can impact tenant desirability and market competitiveness in a dense urban environment.

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