
San Francisco, CA 94133
This High-Potential Investment Opportunity is a Triplex listed at $3,195,000, positioned slightly above the $3,012,587 Fair Market Value. Despite the premium, the property offers Significant Development Potential with a history of approvals for six units. Featuring a Fair Condition Rating, the building provides immediate cash flow from three tenant-occupied units and Stunning Bay and Alcatraz Views. Located near Top-Rated Schools like Chin Elementary and Lilienthal K-8, this asset is ideal for Buy-and-Hold Investors or Value-Add Developers seeking long-term growth in North Beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 526-530 Lombard Street Subject 8 bd · 3 ba · 4,104 sqft · $734 | $3,195,000* List Price | 8 | 3 | 4,104 | $734 | - |
A 358-360 Vallejo Street Active 8 bd · 2 ba · 4,112 sqft · $584 · 0.5 mi | $2,400,000 List Price | 8 | 2 | 4,112 | $584 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1912, this property is well-maintained but dated, fitting the 'Fair' criteria (>20y since major reno). While the interior shows cosmetic updates like newer flooring and paint, the rear exterior siding shows visible peeling, and the emphasis on 'period details' and 'development potential' suggests that kitchens, baths, and systems likely require modernization to meet current standards.
Elementary School: Chin (John Yehall) Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The expansive 3,297-square-foot lot offers rare upside, with a history of planning approval to increase the density from three to six units, providing a unique opportunity for value-add investors.
Situated in the heart of North Beach, the property boasts sweeping Bay and Alcatraz views and is steps away from the burgeoning Jackson Square venture capital hub and the Financial District.
While the property previously had approval for additional units, those permits have expired, requiring a new owner to navigate the complex and time-consuming San Francisco planning and feasibility process.
Being fully tenant-occupied may present challenges for buyers seeking immediate owner-occupancy or those looking to perform major renovations due to San Francisco's strict tenant protection regulations.
526-530 Lombard Street is a well-maintained three-unit building located in the heart of North Beach, offering stunning Bay and Alcatraz views. The property sits on an expansive 3,297-square-foot lot (approximately 24' x 138'), offering significant development potential. The property previously received Planning approval for a total of six units, including a new two-unit building at the rear of the lot and an additional unit within the existing building. The prior permit has since expired, and any future development is subject to applicable approvals and feasibility. All three units are tenant-occupied with strong in-place rents and potential future rental upside. The units feature charming period details, abundant natural light, and impressive outlooks. Rear facing rooms enjoy sweeping Bay and Alcatraz views, while the front of the property captures attractive city views. Additional amenities include one-car garage parking and substantial basement and storage space behind the garage. Ideally situated in North Beach, the property is just moments from Jackson Square, increasingly known as Sand Hill Road North'' for its growing concentration of prominent venture capital firms, technology companies, and design studios. The location places residents at the crossroads of North Beach, Jackson Square, and the northern waterfront, with easy access to the Financial District and some of San Francisco's best dining, cafs, shopping, and nightlife. Nearby destinations include Columbus Avenue, Washington Square, Coit Tower, the Embarcadero, and Fisherman's Wharf, offering an exceptional combination of neighborhood charm, walkability, and connectivity.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 1-5 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.6 |
| Baths | 3.0 | 4.0 |
| Square foot | 4,104 | 3,221.149 |
| Lot Size | 3,297 | 2,766.255 |
| Price | $3.19M | $2.13M |
| Price per sq ft | $779 | $697 |
| Built year | 1912 | 1925 |
| HOA | $0 | $0 |
| Days on market | 16 | 53 |
Oct 8, 2026
$3,195,000
Initial Listing
Feb 12, 2008
$2,100,000
Public Record