558 Balboa St, San Francisco, CA 94118, San Francisco, 94118 - bed, bath
ACTIVE$1,899,000/sqft
558 Balboa St, San Francisco, CA 94118
0Bed
0Bath
Sqft
1,875Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Mixed-Use Investment Potential: The property is a versatile mixed-use building, offering both established commercial income from a restaurant and a vacant residential unit, providing diversified revenue streams or a live/work opportunity.
Top Cons:
Age of Property & Potential Maintenance: Built in 1906, the property is over a century old, which may necessitate significant capital expenditures for system updates (e.g., plumbing, electrical) or general maintenance typical of historic buildings.
Compared to the nearby listings
Price:$1.90M vs avg $1.80M (+$99,000)58%
Size: sqft vs avg 3,330 sqft11%
Price/sqft:$0 vs avg $66121%
More Insights
Built in 1906 (120 years old).
Condition: The property, built in 1906, features original hardwood floors that appear well-maintained and freshly painted walls, making the main living areas move-in ready. However, the kitchen and bathroom are significantly outdated in style, materials, and fixtures (e.g., laminate countertops, dated tile backsplash, fluorescent kitchen lighting, and older bathroom vanity/tiles). While functional and clean, these areas clearly require substantial cosmetic updates to meet current standards, aligning with a renovation timeline of 15-30+ years ago, or even older, as suggested by the 'first time on the market in over 40 years' description.
Year Built
1906
Close
-
List price
$1.9M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
41120808
Home ConditionFair
Features
Deck
View-
About this home
Great Investment Opportunity in San Francisco's Inner Richmond District! Well maintained mixed-used residential and commercial building on Balboa St near Golden Gate Park, USF, and more! Main street level is an established Japanese and Chinese restaurant. Upper level is a move-in ready private residential unit with 3bd/1ba, separate entrance, formal living room, open kitchen/dining room floorplan, original hardwood floors, and a private backyard balcony. Residential unit will be delivered vacant. Great location with close proximity to museums, parks, schools, shops, restaurants, and even the beach! Live in one or rent out both unit. First time on the market in over 40 years!
S
San Lieu
Listing Agent
Condition Rating
Fair
The property, built in 1906, features original hardwood floors that appear well-maintained and freshly painted walls, making the main living areas move-in ready. However, the kitchen and bathroom are significantly outdated in style, materials, and fixtures (e.g., laminate countertops, dated tile backsplash, fluorescent kitchen lighting, and older bathroom vanity/tiles). While functional and clean, these areas clearly require substantial cosmetic updates to meet current standards, aligning with a renovation timeline of 15-30+ years ago, or even older, as suggested by the 'first time on the market in over 40 years' description.
Pros & Cons
Pros
Mixed-Use Investment Potential: The property is a versatile mixed-use building, offering both established commercial income from a restaurant and a vacant residential unit, providing diversified revenue streams or a live/work opportunity.
Prime San Francisco Location: Situated in the highly desirable Inner Richmond District, the property benefits from close proximity to Golden Gate Park, USF, museums, schools, shops, restaurants, and the beach, enhancing its appeal and value.
Established Commercial Tenant: The street-level commercial space is occupied by an established Japanese and Chinese restaurant, providing immediate and stable commercial rental income.
Vacant Residential Unit: The upper-level 3-bedroom residential unit will be delivered vacant, offering the new owner flexibility for immediate occupancy or the ability to select a new tenant at current market rates.
Original Charm & Features: The residential unit retains original hardwood floors and includes a private backyard balcony, adding character and desirable living amenities.
Cons
Age of Property & Potential Maintenance: Built in 1906, the property is over a century old, which may necessitate significant capital expenditures for system updates (e.g., plumbing, electrical) or general maintenance typical of historic buildings.
Limited Residential Bathroom Count: The 3-bedroom residential unit features only one bathroom, which could be a functional constraint for larger households or multiple tenants, potentially affecting rental demand or resale value.
Small Lot Size: The 1875 sq ft lot is relatively compact, which may limit outdoor living space, gardening potential, or future expansion opportunities compared to properties with larger land footprints.