663 Natoma Street, San Francisco, CA 94103, San Francisco, 94103 - 12 bed, 3 bath
663 Natoma Street
San Francisco, CA 94103
Property Price
SUMMARY
Analysis of 663 Natoma Street, San Francisco, CA 94103 is currently available with a list price of $1,850,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1907, this multi-family property shows significant age throughout. The kitchen features very outdated light wood cabinets, laminate countertops, and older white appliances (including a visible gas range and a microwave on a cart), indicating a need for substantial renovation. The bathroom is equally dated with a clawfoot tub, pedestal sink, and worn green marble-look floor tiles. While the hardwood floors are present, they are worn and not recently refinished. Light fixtures are basic and old-fashioned. The property is livable but requires extensive rehabilitation and modernization of major systems and aesthetics to meet contemporary standards, aligning with the 'poor' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime SoMa Location
Situated in the dynamic and vibrant South of Market neighborhood, offering excellent access to tech companies, cultural attractions, trending bars, boutique shopping, and fine restaurants, making it highly desirable for renters.
- Significant Development Potential
The property boasts tremendous development potential based on RED zoning per San Francisco Planning Code and eligibility for local and California State bonuses, indicating substantial future value appreciation.
- Strong Investment Opportunity
Described as an ideal acquisition for investors, offering an affordable per-square-foot basis with substantial upside potential in one of the top real estate markets in the U.S.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1907, the property is over a century old, suggesting potential for outdated infrastructure, systems (plumbing, electrical), and layouts that may require significant capital expenditure for modernization or renovation.
- Low Bathroom-to-Bedroom Ratio
Each of the three 4-bedroom units has only one bathroom, which is a low ratio for multiple occupants and could be a drawback for tenant appeal and convenience.
- Small Lot Size
The 1,873 square foot lot is relatively small for a 4,500 square foot multi-family building, potentially limiting outdoor space or easy horizontal expansion options.
About 663 Natoma Street
663 Natoma Street is a 4,500 square foot multi-family property on a 1,873 square foot lot in the dynamic and vibrant South of Market neighborhood of San Francisco. The property is comprised of three (3) four bedroom/one bath apartments. The units are individually metered for gas & electricity. Situated just south of Market Street, SoMa is home to many of the city's museums, art galleries and headquarters of several major software and internet companies. The area is packed with trending bars, boutique shopping, museums, art galleries, and fine restaurants. Easy access to public transportation is a must and SoMa is surrounded by several Muni lines, from the Metro Rail to historical streetcars. This neighborhood has everything you need just a short walk or ride away. This is an ideal opportunity for an investor looking for an affordable acquisition based on a per-square foot basis with substantial upside potential, in one of the top real estate markets in the U.S. In addition this property has tremendous development potential based on RED zoning per San Francisco Planning Code and eligibility for local and California State bonuses.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1907
- Lot Size
- 1,873.08 Sq. Ft.
Interior
- Total Bedrooms
- 12
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 12.0 | 8.0 | 80% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 4,500 | 3,656 | 80% |
| Lot Size | 1,873.08 | 2,000 | 20% |
| Price | $1.85M | $1.39M | 80% |
| Price per sq ft | $411 | $411 | 50% |
| Built year | 1907 | 1914 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 117 | 40% |
Pricing History
Listed for Sale
Dec 1, 2025
$1,850,000
Initial Listing