550-552 Grant Avenue, San Francisco, CA 94108, San Francisco, 94108 - 5 bed, bath
ACTIVE UNDER CONTRACT$1,650,000
550-552 Grant Avenue, San Francisco, CA 94108
5Beds
0Bath
Sqft
1,001.88Lot
Year Built
1921
Close
-
List price
$1.65M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
425081602
Home ConditionFair
Features
Good View:
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.65M(33th), sqft - 0(33th), beds - 5(67th), baths - undefined(50th).
One of the best mixed-use investment in the City for investor or owner-user! Located in the prime spot at SF Chinatown, the property has a huge retail store front at Grant Ave with many foot traffic like locals and tourists from all over the world. The store has a Mezzanine floor, a waterbar, a huge basement with an office and a restroom. The second floor has a 2 bedrooms/1 bathroom unit, and the third floor has a 3 bedrooms/1.5 bath unit. Both units have been updated, and the back are facing to the park. Seismic retrofit completed in 2002.
Nearby schools
7/10
Lau (Gordon J.) Elementary School
Public,•K-5•0.2mi
/10
Chinese Education Center
Public,•K-5•0.2mi
9/10
Chin (John Yehall) Elementary School
Public,•K-5•0.4mi
6/10
Parker (Jean) Elementary School
Public,•K-5•0.5mi
6/10
San Francisco Public Montessori School
Public,•K-5•1.5mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•2.6mi
1/10
Mission Education Center
Public,•K-5•3.7mi
2/10
Fairmount Elementary School
Public,•K-5•3.7mi
6/10
Francisco Middle School
Public,•6-8•0.9mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•1.1mi
6/10
Marina Middle School
Public,•6-8•1.8mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•2.2mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•2.8mi
6/10
Rooftop Elementary School
Public,•K-8•3.3mi
2/10
Revere (Paul) Elementary School
Public,•K-8•3.8mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•4.1mi
3/10
San Francisco Community Alternative School
Public,•K-8•4.8mi
9/10
Lawton Alternative Elementary School
Public,•K-8•5.2mi
8/10
Galileo High School
Public,•9-12•1.3mi
2/10
Wells (Ida B.) High School
Public,•9-12•1.9mi
1/10
Downtown High School
Public,•9-12•2.2mi
3/10
O'connell (John) High School
Public,•9-12•2.3mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•2.3mi
3/10
Mission High School
Public,•9-12•2.4mi
2/10
S.F. International High School
Public,•9-12•2.6mi
2/10
Marshall (Thurgood) High School
Public,•9-12•3.9mi
6/10
Academy Of Arts And Sciences
Public,•9-12•4.0mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•4.0mi
7/10
Washington (George) High School
Public,•9-12•4.8mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•4.9mi
2/10
Jordan (June) School For Equity
Public,•9-12•5.1mi
7/10
Lincoln (Abraham) High School
Public,•9-12•5.2mi
7/10
Balboa High School
Public,•9-12•5.2mi
10/10
Lowell High School
Public,•9-12•6.0mi
Price History
Date
Event
Price
10/15/25
Price Change
$1,650,000
Condition Rating
Fair
The property was built in 1921, making it over 100 years old. While the description mentions 'updated' residential units and a seismic retrofit in 2002, the images reveal that these updates are quite dated. The kitchens feature older white appliances, basic white cabinets, dark laminate countertops, and small square tile backsplashes, along with linoleum/vinyl flooring. Bathrooms also show older white tiling, dated vanities/pedestal sinks, and older fixtures. The residential units generally have hardwood-style laminate flooring but some rooms retain older vinyl tiles. The retail space is brighter with newer paint and recessed lighting but still has a somewhat specific, non-modern aesthetic. The rear exterior shows significant graffiti. Overall, the property is functional and maintained, but the residential interiors, especially kitchens and bathrooms, are outdated and would require significant renovation to meet current quality standards, aligning with the 'fair' category.
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).
Prime Mixed-Use Location: Strategically situated in the heart of SF Chinatown on Grant Avenue, offering exceptional visibility and high foot traffic from both locals and tourists, ideal for retail and residential appeal.
Diversified Investment Opportunity: As a mixed-use property, it provides multiple income streams from a substantial retail storefront and two updated residential units, mitigating risk and enhancing investment potential for an investor or owner-user.
High-Traffic Retail Frontage: The property boasts a large retail storefront on a bustling street, complete with a mezzanine, waterbar, and a huge basement with office/restroom, maximizing commercial potential.
Updated Residential Units: Both the 2-bedroom and 3-bedroom residential units have been updated, reducing immediate capital expenditure for a new owner and making them attractive to tenants.
Completed Seismic Retrofit: A significant structural upgrade, the seismic retrofit completed in 2002, provides enhanced safety and peace of mind, which is a crucial advantage for properties in San Francisco.
Cons
Building Age and Potential Maintenance: Constructed in 1921, despite updates, the property's age may lead to higher ongoing maintenance costs and potential for unforeseen issues with older infrastructure.
Potential Noise for Residential: Located on a high-traffic commercial street, residential units, even if facing the park, may experience significant street noise and activity, which could be a drawback for some tenants.
Lack of Dedicated Parking: In a densely populated urban area like Chinatown, the absence of dedicated parking for either the retail space or residential units can be a considerable inconvenience for customers and residents.