
San Francisco, CA 94118
This Mixed-Use Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,925,000—positioned above the $1,693,811 Fair Market Value. While priced for the market, the property offers significant stability through its established commercial tenant and a vacant 3-bedroom residential unit. Featuring a Condition Rating of 4, the building provides a solid foundation for value-add updates. Located near Top-Rated Schools like Chinese Immersion School (9/10), this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating lifestyle in the Inner Richmond.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 558-560 Balboa St Subject | $1,925,000* List Price | 3 | 0 | 1,980 | $855 | - |
A 129-131 2nd Avenue Sold | $1,600,000 | 3 | 2 | 2,046 | $782 | 0.6 mi |
B 2843-2845 Geary Blvd Pending | $1,650,000 List Price | 3 | 0 | 2,400 | $688 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1906 build that is well-maintained but features a dated kitchen with oak cabinetry and white tile flooring consistent with a 20-30 year old renovation. While move-in ready, the age of the structure and the dated aesthetic of the primary living spaces suggest that systems and finishes are nearing the end of their modern functional life and will require updates.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
This rare mixed-use property features an established street-level restaurant and a vacant upstairs residence, offering significant flexibility for owner-users to offset their mortgage or for investors to maximize yield.
Situated in a highly walkable neighborhood near Golden Gate Park, USF, and major transit lines, the property is perfectly positioned to attract high-quality tenants and benefit from long-term appreciation.
Built in 1906, the property may require specialized maintenance or future seismic upgrades common to century-old San Francisco buildings to ensure modern safety and efficiency standards.
The residential unit contains three bedrooms but only one bathroom, which may be a competitive disadvantage for families or co-living tenants seeking modern convenience and privacy.
GREAT INVESTMENT! Live upstairs. Rent downstairs. Let San Francisco do the rest! Rare Inner Richmond mixed-use gem on Balboa Street! First time on the market in over 40 years, this well-maintained residential and commercial building offers flexible San Francisco ownership with lifestyle appeal and long-term upside. Just moments from Golden Gate Park, USF, museums, cafes, shops dining, transit, and the beach, the location delivers the walkable city lifestyle today’s buyers and renters love. The street-level commercial space is home to an established Japanese and Chinese restaurant, giving the property built-in neighborhood presence and income potential. Upstairs, the move-in ready 3-bedroom, 1-bath private residence features a separate entrance, formal living room, open kitchen and dining layout, original hardwood floors, and a private backyard balcony for morning coffee, evening hangs, or a quiet city escape. The residential unit will be delivered vacant, creating a rare opportunity to occupy, lease, or customize the space. Potential market rent for the 3BD/1BA residence is approximately $6,800 per month, adding appeal for investors, owner-users, and house hackers seeking income flexibility. Live upstairs and let the commercial space help offset costs, rent both units for income, or explore a long-term vision in one of San Francisco’s most beloved neighborhoods. This property has character, location, and multiple paths forward. Parks, schools, food, culture, and coastal air are nearby, making Balboa Street a true SF lifestyle address. Classic building, prime location, modern upside. This is not just a property; it is a chance to own a piece of San Francisco with income potential, flexibility, and future value. Bring your vision and your best offer, because opportunities like this do not come around often.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,980 | - |
| Lot Size | 1,875 | - |
| Price | $1.93M | $2.06M |
| Price per sq ft | $972 | $729 |
| Built year | 1906 | 0 |
| HOA | $0 | $0 |
| Days on market | 23 | 62 |
Jun 29, 2026
$1,925,000
Initial Listing