
San Francisco, CA 94133
This 1906 duplex represents a Strong Value Opportunity, listed at $1,495,000—positioned well below the $1,667,845 Fair Market Value by 10%. This valuation gap offers $172,845 in Instant Equity for buyers. With a Condition Rating of 5, the property requires significant rehabilitation, yet its 3,660 sq. ft. footprint and vacant delivery provide a blank canvas for high-yield restoration. Featuring partial skyline views, this is a prime asset for Buy-and-Hold Investors or Contractors seeking a strategic development project in Russian Hill.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 922 Vallejo Street Subject | $1,495,000* List Price | 0 | 0 | 3,660 | $456 | - |
A 1312-1314 Powell Street Sold | $1,650,000 | 6 | 3 | 3,215 | $513 | 0.2 mi |
B 117-119 Trenton Street Pending | $1,088,000 List Price | 4 | 4 | 2,640 | $412 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1906, the listing explicitly states the building requires significant rehabilitation and is a blank canvas for contractors. While some interior rooms show recent laminate flooring and one bathroom has been modernized, the exterior shows severe weathering and the overall structure and systems require a full overhaul to be considered move-in ready.
Situated on a coveted, tree-lined block where Russian Hill meets North Beach, the property occupies one of San Francisco's most prestigious and high-demand residential pockets.
Spanning 3,660 square feet across three levels, this classic 1906 structure offers massive scale and a blank canvas for a luxury multi-family compound or high-yield restoration.
Both units are delivered vacant with no history of evictions or Ellis Act, providing a rare, low-friction opportunity for immediate development without San Francisco's typical tenant-related complexities.
The building requires extensive structural and cosmetic renovation, which will necessitate a substantial capital injection and a visionary build team to bring it to modern standards.
As a 1906 build requiring a total overhaul, buyers face high execution risk, including potentially lengthy permitting processes and the high costs associated with historic San Francisco restorations.
First time on market in decades. Bring your architect, designer, and visionary build team. Positioned on a coveted, tree-lined block of Vallejo Street where Russian Hill meets North Beach, 922 Vallejo Street offers a rare combination of location, scale, and upside. Spanning approximately 3,660 total square feet across three levels, this classic 1906 two-unit building sits on a 2,687 sq. ft. lot (per tax records). Both units are vacant with no evictions or ellis act. The building requires significant rehabilitation, presenting a blank canvas for contractors, developers, or ambitious owner-occupants looking to craft a customized luxury multi-family compound or execute a high-yield restoration.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.8 |
| Baths | 0.0 | 4.0 |
| Square foot | 3,660 | 3,171.882 |
| Lot Size | 2,687 | 2,678.029 |
| Price | $1.50M | $2.08M |
| Price per sq ft | $408 | $709 |
| Built year | 1906 | 1925 |
| HOA | $0 | $0 |
| Days on market | 24 | 66 |
Aug 16, 2026
$1,495,000
Initial Listing