
San Francisco, CA 94118
This High-Potential Investment Opportunity is a versatile two-flat residence listed at $1,998,000—positioned well below the $2,384,314 Fair Market Value by 16%. This valuation gap provides $386,314 in Instant Equity. Featuring a Mint Condition Rating with modern renovations and a detached backyard office, the property offers immediate rental income potential or the flexibility to convert into a single-family home. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through strategic rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5860 Cook Subject 4 bd · 3 ba · 2,400 sqft · $993 | $1,998,000* List Price | 4 | 3 | 2,400 | $993 | - |
A 58-60 Cook Active 4 bd · 3 ba · 2,400 sqft · $833 · 0.0 mi | $1,998,000 List Price | 4 | 3 | 2,400 | $833 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1900 build date, the property has undergone a high-quality, modern renovation within the last 5 years. The kitchen features contemporary shaker cabinets, subway tile, and stainless steel appliances, while the bathrooms are updated with modern double vanities and fixtures. The presence of recessed lighting, fresh paint, and well-maintained original oak floors indicates the systems and interior are in mint, move-in-ready condition.
The current two-flat configuration offers exceptional flexibility, allowing owners to generate rental income to offset mortgage costs or convert the structure into a large single-family residence.
Situated on a rare, quiet cul-de-sac in Laurel Heights, the property provides a safe, low-traffic environment with convenient pedestrian access to Laurel Hill Playground and Euclid Avenue.
The inclusion of a detached, powered backyard office provides a modern solution for remote professionals, offering a quiet workspace separate from the main living areas.
While the property has single-family potential, merging two distinct flats into a seamless residence would require significant capital investment and navigation of San Francisco's rigorous permitting process.
Built in 1900, the property may require ongoing maintenance or costly upgrades to aging systems and foundations typical of century-old San Francisco homes.
Picture-perfect home in an impeccable location in Laurel Heights, moments from the Inner Richmond, Japantown and Lower Pac Heights. Currently set up as two flats, with the potential to convert to a seamless single-family residence, as the neighbors have done. Upstairs holds 2 giant bedrooms and 1 full bath with fresh paint, vaulted ceilings, an updated kitchen and abundant light. The downstairs unit, with 2 bedrooms and 2 en-suite baths, has the perfect flow through the kitchen and out to your private deck. Original oak floors with SF-charm hardware, plus an amazing back deck for the upper unit overlooking the large backyard with garden beds. Also featured in the back of the yard a small office with power ready for our remote workers! Positioned on a rare cul-de-sac, so kids can play without worrying about traffic, with a through stairway at the end of the block for easy walking access to Euclid Ave and Laurel Hill Playground. The best version of this investment is to live in one unit and rent out the other. With the added rental income, you can qualify for higher price points and lower your monthly mortgage payment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,400 | 1,757.739 |
| Lot Size | - | 2,673.006 |
| Price | $2.00M | $1.97M |
| Price per sq ft | $832 | $1.2K |
| Built year | 1900 | 1931 |
| HOA | $0 | $176 |
| Days on market | 10 | 45 |
Oct 14, 2026
$1,998,000
Initial Listing