817-821 Oak Street, San Francisco, CA 94117, San Francisco, 94117 - 13 bed, 10 bath
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San Francisco, CA 94117
Analysis of 817-821 Oak Street, San Francisco, CA 94117 is currently available with a list price of $4,500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This 1904 Edwardian property underwent an extensive, full-gut renovation in 2017 that included a new foundation, seismic upgrades, and all-new systems. The interiors feature high-end contemporary finishes, including gourmet kitchens with quartz waterfall countertops and premium appliances, modern designer bathrooms with custom tile work and floating vanities, and new hardwood flooring throughout. The property meets current quality standards with no visible deferred maintenance, effectively functioning as a new-construction asset within a historic shell.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
With a 6.80% CAP rate and a gross annual income of over $390,000, this property delivers significantly higher financial performance than typical turnkey assets in the San Francisco market.
The 2017 remodel included a new foundation and seismic upgrades, mitigating the long-term maintenance risks and insurance costs typically associated with 1904 Edwardian buildings.
Several assigned public schools, particularly at the elementary and high school levels, have low ratings (1-2/10), which may deter long-term owner-occupants with school-aged children.
Managing 13 bedrooms across only three units suggests a high-density tenant profile, which often results in increased wear and tear and more complex utility and lease management compared to smaller unit counts.
817-821 Oak Street presents a rare opportunity to acquire a well-maintained, fully occupied, 3-Unit building in the heart of Hayes Valley that reflects true pride of ownership. This Edwardian property has been completely remodeled with high-end, contemporary finishes, while simultaneously retaining its classic San Francisco charm. Perfect for investors and owner-occupants alike, each unit boasts updated kitchens and bathrooms, modern quartz countertops, beautiful hardwood floors, high ceilings, and flexible floor plans. Unit 817 is a bi-level, 5bed/4full & 2half bath unit currently rented for $14,030/month that includes its own private studio/guest suite, gourmet chef's kitchen, and backyard. Unit 819, the middle flat, is a 4bed/3bath unit currently rented for $9,180/month. Unit 821, the top floor flat, is also a 4bed/3bath unit currently rented for $9,300/month. This 3-Unit building grosses $390,120/year, and no unit has ever gone more than 2 months without being re-leased at top market rate going back to 2017 (when the building was remodeled with a new foundation, seismic upgrades, and new systems). 6.80% CAP & 11.53 GRM.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 13.0 | 5.0 | 87% |
| Baths | 10.0 | 3.0 | 87% |
| Square foot | 6,039 | 3,208 | 87% |
| Lot Size | 2,550 | 2,614 | 47% |
| Price | $4.45M | $2.00M | 87% |
| Price per sq ft | $737 | $600 | 53% |
| Built year | 1904 | 1904 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 216 | 199 | 73% |
Nov 24, 2025
$4,450,000
Public Record
Nov 7, 2017
$2,651,000
Public Record
Jul 7, 2017
$2,900,000
Public Record
Sep 26, 2014
$2,615,000
Public Record
Mar 8, 2013
$1,150,000
Public Record