
San Francisco, CA 94117
This Residential Income Property represents a High-Potential Investment Opportunity, listed at $4,850,000—positioned above the $4,678,152 Fair Market Value. While priced at a premium, the property offers a Good Condition Rating following a 2007 rebuild, featuring modern radiant heat, high-end Viking/Sub-Zero appliances, and panoramic Golden Gate views. With a vacant penthouse and four income-producing units, this asset provides immediate cash flow and lifestyle flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey landmark asset in a top-tier school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5 Alma Street Subject 0 bd · 0 ba · 5,735 sqft · $816 | $4,850,000* List Price | 0 | 0 | 5,735 | $816 | - |
A 1460-1462 Waller Street Active 7 bd · 6 ba · 5,181 sqft · $811 · 0.4 mi | $4,200,000 List Price | 7 | 6 | 5,181 | $811 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was effectively rebuilt in 2007 (approx. 17-19 years ago), placing it within the 'Good' age bracket. It features updated electrical, plumbing, and modern radiant heating systems. The kitchens are well-maintained with high-end Viking and Sub-Zero appliances, and the listing describes the home as a turnkey, move-in ready asset.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property features a vacant 2,100-square-foot penthouse with high-end finishes and an exclusive roof deck, allowing an owner to occupy a premier residence while four additional units provide significant rental income.
Effectively rebuilt in 2007, this turnkey asset features updated electrical and plumbing, custom radiant heating, and high-density sound insulation, minimizing immediate capital expenditure for the buyer.
The property was recently sold within the past year on 2025-11-10. The sold price is $223,500.00.
At a list price of $4.85 million, the property requires a substantial down payment and high carrying costs, which may limit the pool of qualified buyers in the current interest rate environment.
Operating a five-unit residential income property in San Francisco involves navigating complex local rent control ordinances and ongoing tenant management responsibilities.
Set at the corner of two of the most desirable blocks in San Francisco, four blocks from the shops and restaurants of Cole Street, 5 Alma Street offers its next owner the scale and finishes of a private home, plus 4 premium rental units. The penthouse, a 2,100-square-foot luxury owner's unit, delivers vacant at close. It pairs preserved Edwardian woodwork and period charm with high-end modern systems. The chef's kitchen includes a Viking range and Sub-Zero refrigerator, and the living room frames an expansive view of San Francisco through its corner bay windows. Above, an exclusive-use roof deck takes in panoramic views of the Golden Gate towers and the Marin Headlands. The flexible plan adapts easily to as many as four bedrooms, or could convert to 2 top floor units without structural modifications. Effectively rebuilt by the current owner in 2007, 5 Alma is a turnkey property with updated electrical and plumbing, custom radiant heat beneath refinished hardwood, and high-density sound insulation throughout. Below the penthouse, four well-appointed rental units, each with in-unit laundry, provide steady income. Three-car parking includes a private garage space for the penthouse, with EV potential. The N-Judah is a short walk away for easy access to the Financial District. 5 Alma is a rare opportunity to acquire a landmark asset in one of San Francisco's most beloved neighborhoods.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 4.0 |
| Square foot | 5,735 | 3,221.149 |
| Lot Size | 2,469 | 2,766.255 |
| Price | $4.85M | $2.13M |
| Price per sq ft | $846 | $697 |
| Built year | 1913 | 1925 |
| HOA | $0 | $0 |
| Days on market | 5 | 53 |
Oct 19, 2026
$4,850,000
Initial Listing
Nov 10, 2025
$223,500
Public Record
Feb 5, 2007
$150,000
Public Record
May 5, 2006
$2,350,000
Public Record