9 Grace Street, San Francisco, CA 94103, San Francisco, 94103 - 4 bed, 0 bath
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San Francisco, CA 94103
This Mixed-Use Residential Asset is listed at $1,595,000, representing a stable entry point at its $1,595,000 Fair Market Value. With a Condition Rating of 4, the 4,919-square-foot structure requires cosmetic modernization but offers immense upside via its RED-MX Zoning and unique block-through access. The property features three residential units, a high-capacity garage with 400-amp/3-phase power, and an elevated deck with City Skyline Views. Proximity to elite institutions like Lowell High School adds long-term value, making this a premier choice for Buy-and-Hold Investors or Owner-Occupants looking for a versatile live-work space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9 Grace Street Subject | $1,595,000* List Price | 4 | 0 | 4,919 | $324 | - |
A 22-24 Russ Street Active | $1,200,000 List Price | 3 | 1 | 3,750 | $320 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
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 The kitchen features outdated white appliances, light wood cabinets, and older granite-look countertops, suggesting a renovation 15-30 years ago.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).
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
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.
Comprising three residential units and a rented garage, the property provides immediate or potential multiple revenue streams, enhancing its investment appeal.
Built in 1925, the property is likely to require significant capital investment for system upgrades, modernization, and potential deferred maintenance to meet contemporary standards.
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.
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.
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
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 6.5 | 50% |
| Baths | 0.0 | 0.0 | 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 | 589 | 390 | 0% |
Jan 9, 2026
$1,595,000
$1,675,000
-5% Price Drop
Initial Listing
Sep 10, 2024
$1,675,000
Initial Listing