480-484 6th Street, San Francisco, CA 94103, San Francisco, 94103 - bed, bath
ACTIVE$3,999,999
480-484 6th Street, San Francisco, CA 94103
0Bed
0Bath
7,140Sqft
4,500Lot
Year Built
1916
Close
-
List price
$4M
Original List price
-
Price/Sqft
$560
HOA
$0
Days on market
-
Sold On
-
MLS number
425068363
Home ConditionPoor
Features
Good View:
View-
About this home
We found 3 Cons,6 Pros.
Welcome to 480-484 6th St, a prime 14 unit multi-family investment opportunity in the vibrant South of Market (SoMa) neighborhood of San Francisco. This historic property, built in 1916, offers a unique combination of residential and commercial spaces, making it an attractive asset for investors seeking versatility and potential. Spanning 7,140 square feet, the building features 14 units, including 12 residential apartments and 2 retail spaces. The residential units are characterized by their generous layouts and ample natural light, with select units offering striking views of San Francisco's downtown skyline. Currently, eight of the residential units are vacant, providing an opportunity to renovate and lease at market rates. Additionally, there's potential for reconfiguration into two-bedroom apartments, pending appropriate planning approvals. Located on a 0.1-acre lot, this property boasts a strategic location with excellent accessibility. It is situated near major transit options, including the Caltrain Station, and offers easy access to popular destinations like Mint Plaza and Oracle Park. The neighborhood's high Walk Score of 93, Transit Score of 100, and Bike Score of 97 reflect its convenience and connectivity.
Nearby schools
3/10
Tenderloin Community
Public,•K-5•1.0mi
5/10
Daniel Webster Elementary School
Public,•K-5•1.1mi
7/10
Redding Elementary School
Public,•K-5•1.3mi
/10
Chinese Education Center
Public,•K-5•1.3mi
7/10
Muir (John) Elementary School
Public,•K-5•1.4mi
5/10
Moscone (George R.) Elementary School
Public,•K-5•1.5mi
2/10
Sanchez Elementary School
Public,•K-5•1.7mi
6/10
San Francisco Public Montessori School
Public,•K-5•2.0mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•2.3mi
2/10
Fairmount Elementary School
Public,•K-5•2.7mi
1/10
Mission Education Center
Public,•K-5•2.8mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•0.2mi
4/10
Everett Middle School
Public,•6-8•1.6mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•1.8mi
6/10
Francisco Middle School
Public,•6-8•2.0mi
3/10
Lick (James) Middle School
Public,•6-8•2.4mi
6/10
Marina Middle School
Public,•6-8•2.5mi
6/10
Rooftop Elementary School
Public,•K-8•2.7mi
2/10
Revere (Paul) Elementary School
Public,•K-8•2.8mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•2.9mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•3.8mi
3/10
San Francisco Community Alternative School
Public,•K-8•3.8mi
7/10
Hoover (Herbert) Middle School
Public,•6-8•4.2mi
9/10
Lawton Alternative Elementary School
Public,•K-8•4.9mi
1/10
Downtown High School
Public,•9-12•1.1mi
3/10
O'connell (John) High School
Public,•9-12•1.3mi
2/10
S.F. International High School
Public,•9-12•1.5mi
3/10
Mission High School
Public,•9-12•1.7mi
2/10
Wells (Ida B.) High School
Public,•9-12•1.7mi
8/10
Galileo High School
Public,•9-12•2.2mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•2.3mi
2/10
Marshall (Thurgood) High School
Public,•9-12•2.8mi
6/10
Academy Of Arts And Sciences
Public,•9-12•3.3mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•3.3mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•3.8mi
2/10
Jordan (June) School For Equity
Public,•9-12•4.1mi
7/10
Balboa High School
Public,•9-12•4.2mi
7/10
Lincoln (Abraham) High School
Public,•9-12•4.7mi
7/10
Washington (George) High School
Public,•9-12•4.9mi
10/10
Lowell High School
Public,•9-12•5.4mi
Price History
Date
Event
Price
08/24/25
Price Change
$3,999,999
Condition Rating
Poor
Built in 1916, this property requires substantial rehabilitation. The kitchens feature very old gas ranges, visible water heaters, and basic cabinetry, indicating renovations likely occurred 50+ years ago or are original. Bathrooms are equally dated with pedestal sinks and old-style tiling. The description explicitly states an 'opportunity to renovate' the vacant units, confirming the need for significant capital investment to bring them to modern market standards, aligning with the 'poor' condition criteria.
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).
Exceptional Location & Connectivity: Situated in the vibrant SoMa neighborhood, the property boasts outstanding Walk (93), Transit (100), and Bike (97) Scores, offering unparalleled access to major transit, amenities, and popular destinations like Caltrain, Mint Plaza, and Oracle Park.
Significant Value-Add Opportunity: With eight of the twelve residential units currently vacant, there is a substantial opportunity for renovation and re-leasing at market rates, allowing an investor to significantly increase the property's income potential.
Mixed-Use Income Diversification: The property features a versatile mix of 12 residential apartments and 2 retail spaces, providing diverse income streams and enhanced resilience against market fluctuations in any single sector.
Potential for Unit Reconfiguration: The possibility of reconfiguring residential units into two-bedroom apartments, pending planning approvals, offers a clear path to further optimize layouts and potentially increase rental income and property value.
Desirable Residential Features: Residential units are characterized by generous layouts, ample natural light, and select units offer striking views of San Francisco's downtown skyline, enhancing tenant appeal.
Cons
Age of Property & Capital Expenditure: Built in 1916, the historic nature of the property suggests a likelihood of requiring significant capital investment for deferred maintenance, system upgrades, and compliance with modern building codes.
High Vacancy Rate & Renovation Burden: The high vacancy rate of eight residential units means a substantial portion of the property is not generating income, requiring significant upfront renovation costs and management effort before achieving full occupancy and maximizing returns.
Permitting Uncertainty for Reconfiguration: The potential for reconfiguring units is contingent on 'appropriate planning approvals,' which introduces an element of uncertainty, potential delays, and additional costs for an investor.