9 Grace Street, San Francisco, CA 94103, San Francisco, 94103 - 4 bed, bath
9 Grace Street
San Francisco, CA 94103
Property Price
SUMMARY
Analysis of 9 Grace Street, San Francisco, CA 94103 is currently available with a list price of $1,595,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1925, the property shows signs of being aged but maintained. The kitchen features outdated white appliances, light wood cabinets, and older granite-look countertops, suggesting a renovation 15-30 years ago. Other interior spaces have basic finishes like painted concrete or older laminate/hardwood. While functional, the property requires significant cosmetic updates to meet current quality standards, particularly in the kitchen and likely the bathrooms (not pictured).
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Flexible Mixed-Use Zoning
The RED-MX (Residential Enclave-Mixed Use) Zoning offers significant development potential and allows for diverse uses, appealing to both investors and owner/users with small businesses.
- Multiple Income Streams
Comprising three residential units and a rented garage, the property provides immediate or potential multiple revenue streams, enhancing its investment appeal.
CONSRISKS & DEFICIENCIES
- Age of Building
Built in 1925, the property is likely to require significant capital investment for system upgrades, modernization, and potential deferred maintenance to meet contemporary standards.
- Limited Outdoor Space
The large building footprint (4,957 sqft) on a relatively small lot (2,833 sqft) suggests minimal to no private outdoor space, which can be a drawback for residential tenants in San Francisco.
- Recent Price Reduction
The property has undergone a recent price reduction, which may indicate challenges in market valuation or buyer interest at the previous price point, potentially signaling a longer sales cycle or further negotiation.
About 9 Grace Street
9 Grace/12 Washburn is a 4,957 square foot building on a 2,833 square foot lot located in the Inner Mission/SOMA. It was built in 1923 with three residential units (one with a large mezzanine garden) plus one large garage that is currently rented out for storage on a month-to-month basis. The building runs through the block and has entrances on both 9 Grace and 12 Washburn. Great development potential thanks to its RED-MX (Residential Enclave-Mixed Use) Zoning. Ideal for Investors or Owner/Users with a small business who want to live on site with two extra income units. The property will be delivered vacant. Building has 400 amps/3 phase power. https://www.asteroommls.com/pviewer?hideleadgen=1&token=-urcCCgJLEKNK4Zpvz8fPA
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1925
- Lot Size
- 2,833 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Tenderloin Community
Grades K-5 • 0.5 mi
Muir (John) Elementary School
Grades K-5 • 0.8 mi
Redding Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 6.5 | 50% |
| Baths | - | - | 50% |
| Square foot | 4,919 | 7,743.5 | 50% |
| Lot Size | 2,833 | 5,167.015 | 50% |
| Price | $1.59M | $1.91M | 50% |
| Price per sq ft | $324 | $267 | 50% |
| Built year | 1925 | 1905 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 543 | 344 | 0% |
Pricing History
Listed for Sale
Jan 9, 2026
$1,595,000
$1,675,000
-5% Price Drop
Initial Listing
Price Change
Sep 10, 2024
$1,675,000
Initial Listing