704-706 Arguello Boulevard presents a rare opportunity to acquire a fully vacant two (2) flat building in San Francisco's desirable Lone Mountain neighborhood, offering immediate flexibility for an owner-user or investor to achieve market rents from day one. The property consists of two (2) spacious 2-bedroom, 1-bathroom flats, each featuring bright living spaces, formal dining rooms, fireplaces, and classic period details including hardwood flooring and decorative crown molding. Both flats offer functional layouts with bedrooms positioned toward the rear of the building, providing a quiet living environment, while large windows throughout bring in abundant natural light. Each unit is equipped with washer and dryer hookups, enhancing livability and tenant appeal. The property includes a two (2) car garage, currently delivered vacant, as well as a substantial amount of additional space at the basement levelideal for flexible use such as expansion potential or general utility space (buyer to verify). A recently landscaped, oversized backyard further enhances the property, offering an attractive outdoor amenity rarely found in similar assets. Situated in a prime Lone Mountain location, the property benefits from close proximity to Golden Gate Park, USF, and the vibrant retail and dining corridors along Geary Boulevard, Clement Street, and Balboa Street. The area is well-served by public transportation, providing convenient access to downtown San Francisco and surrounding neighborhoods. With full vacancy, strong in-place fundamentals, and a highly desirable unit configuration, 704-706 Arguello Boulevard represents a compelling opportunity to acquire a well-located asset with immediate income potential and long-term upside in one of San Francisco's most stable residential neighborhoods. The property is equally well-suited for an owner-user seeking to occupy one flat while generating income from the other, creating a versatile investment with both lifestyle and income benefits.