
San Francisco, CA 94112
This Mixed-Use Triplex is a strategic Value-Add Asset listed at $1,199,000, matching its $1,199,000 Fair Market Value. Currently in Fair Condition, the 1925-built property requires modernization of core systems but offers substantial upside through a potential ADU conversion of the rear studio. The inclusion of a ground-floor commercial unit and stable residential income from long-term tenants ensures immediate cash flow in the high-demand Outer Mission area. This acquisition is ideally suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 53065308 Mission Street Subject | $1,199,000* List Price | 0 | 0 | 2,610 | $459 | - |
A 310-318 Excelsior Avenue Sold | $1,300,000 | 5 | 2 | 2,180 | $596 | 1.0 mi |
B 70 Onondaga Avenue Active | $1,320,000 List Price | 5 | 4 | 2,805 | $471 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1925, this property is significantly aged. While currently occupied by long-term tenants and appearing structurally sound from the exterior images, the listing explicitly notes 'Age of Property & Potential Capital Expenditure' for 'updates to systems (plumbing, electrical) and general deferred maintenance to meet modern standards.' This indicates that major components are functional but show signs of being outdated and will require substantial investment for modernization, aligning with the 'Fair' condition criteria.
This triplex offers an excellent investment opportunity with diverse income streams from both residential and commercial units, appealing to a broad investor base.
All three units are currently occupied by long-term tenants, ensuring immediate cash flow and reducing vacancy risk for the new owner.
There is significant potential to create a fourth unit or Accessory Dwelling Unit (ADU) from the large studio at the rear, offering future income growth and increased property value.
Built in 1925, the property may require significant capital investment for updates to systems (plumbing, electrical) and general deferred maintenance to meet modern standards.
While long-term tenants provide stability, they may be paying below-market rents due to San Francisco's rent control ordinances, potentially limiting immediate rental income upside for a new owner.
The 1981.98 sqft lot is relatively small for a multi-unit property, which could limit outdoor amenities or further expansion beyond the identified ADU potential.
Excellent investment opportunity for a mixed-use triplex in the Outer Mission, or an ideal option for an owner-occupant to live in one unit while renting out the other two. All three units are currently occupied by long-term tenants. Additionally, there is potential to create a fourth unit or ADU from the large studio unit at the rear of the property. The ground-floor front unit is currently leased as a barber shop, but it could easily accommodate other businesses, such as a restaurant or laundromat, which would be well-suited to the area. Conveniently located near public transportation, shopping, and provides easy access to freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 14% |
| Baths | 0.0 | 2.0 | 43% |
| Square foot | 2,610 | 2,180 | 86% |
| Lot Size | 1,981.98 | 2,495.99 | 14% |
| Price | $1.20M | $1.25M | 43% |
| Price per sq ft | $459 | $596 | 29% |
| Built year | 1925 | 1922 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 390 | 247 | 0% |
Mar 28, 2025
$1,199,000
Initial Listing