
San Francisco, CA 94115
This Turnkey 6-Unit Mixed-Use Asset is listed at $3,300,000—positioned below the $3,322,500 Fair Market Value by 1%. This strategic pricing offers $22,500 in Instant Equity for a property boasting an exceptional Condition Rating of 2. The asset features five recently remodeled residential units and a ground-floor commercial space secured by a new 10-year lease, ensuring stable, immediate cash flow. With a 2025 soft-story seismic retrofit and a prime corner location in NOPA, the building minimizes near-term capital expenditures. This is an ideal acquisition for Seasoned Portfolio Investors or 1031 Exchange Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 Baker Street Subject | $3,300,000* List Price | 3 | 0 | 4,362 | $762 | - |
A 1798 Mcallister Street Active | $3,375,000 List Price | 3 | 0 | 4,362 | $774 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1900, the property underwent a comprehensive high-end remodel of all residential units finished around 2025-2026, featuring modern appliances and in-unit laundry. Significant system and structural upgrades include a 2025 soft-story seismic retrofit, new exterior paint in 2026, and updated separate metering, qualifying it as a turnkey asset with minimal maintenance needs.
The property features recently remodeled residential units with high-end finishes and a completed soft-story seismic retrofit, significantly reducing the need for immediate capital expenditures.
Fully occupied with a new 10-year commercial lease and an established utility reimbursement program, the asset provides secure, immediate cash flow and minimized operating expenses.
Situated on a prominent corner in the highly desirable NOPA neighborhood, the property benefits from excellent street visibility and immediate proximity to the vibrant Divisadero corridor and Golden Gate Park.
The residential component is restricted to studios and one-bedroom units, which may limit the tenant pool and result in higher turnover compared to larger, family-sized apartments.
Originally built in 1900, the property may present underlying maintenance complexities and higher insurance costs inherent to century-old San Francisco buildings, despite recent cosmetic improvements.
700 Baker Street is a well-located, fully occupied six-unit mixed-use property in the heart of NOPA. The building comprises five residential unitstwo studios and three one-bedroom apartments, and a ground-floor commercial space. All five apartments have been recently remodeled with high-end finishes, featuring modern appliances and in-unit laundry, offering strong tenant appeal and minimal near-term capital needs. The property also benefits from new exterior paint completed in 2026, enhancing its curb appeal. The ground-floor commercial space is leased to a law firm on a new 10-year lease with a five-year extension option, providing stable, long-term income. The space enjoys a desirable south-facing exposure, offering excellent natural light and strong street visibility. Each residential unit is separately metered for gas and electricity, with tenants responsible for their own heat. Additionally, a utility reimbursement program has been implemented to further reduce operating expenses. A soft-story seismic retrofit was completed in 2025, adding significant structural value. Ideally situated at the corner of Baker and McAllister Streets, the property offers immediate access to the vibrant Divisadero corridor, as well as the Panhandle, Golden Gate Park, and Haight-Ashbury. This is a rare opportunity to acquire a turnkey asset in a premier San Francisco location, delivering immediate cash flow with long-term upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1900 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 1, 2026
$3,300,000
Initial Listing