
San Francisco, CA 94133
This High-Potential Investment Opportunity is a Quadruplex listed at $1,998,000, positioned slightly above the $1,947,658 Fair Market Value. While the property requires capital expenditure due to its Condition Rating of 4, the Value-Add Development Potential—including a large yard and storage space—offers significant upside. Located in a prime North Beach corridor, this asset benefits from high rental demand and classic Victorian architecture. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize long-term yield through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 963-965 Filbert Street Subject | $1,998,000* List Price | 4 | 4 | 2,590 | $752 | - |
A 24 Windsor Place Active | $1,650,000 List Price | 5 | 4 | 2,335 | $707 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1911, this property presents a split condition profile. While two units are updated with refinished hardwood floors and dual-pane windows, the top floor is explicitly noted as needing 'TLC.' Visual evidence shows a highly dated kitchen (30+ years old) with original-style cabinetry and linoleum flooring, indicating that while functional, the building requires significant cosmetic and system updates to meet modern standards.
Situated in a highly walkable and iconic neighborhood, the property offers immediate proximity to the Financial District, Chinatown, and Washington Square Park, ensuring high rental demand.
The inclusion of a spacious storage room with development potential and a large rear yard provides a rare opportunity to increase the property's square footage and overall asset value.
Built in 1911, the building features desirable period details such as high ceilings and hardwood floors, paired with modern dual-pane windows and scenic city views from the upper level.
The top floor units require significant 'TLC' and restoration after being previously combined, necessitating immediate capital expenditure for renovations.
With only a one-car garage serving a four-unit building in a dense urban area, the lack of sufficient off-street parking may limit the pool of prospective high-end tenants.
Prime North Beach location ! This charming Victorian styled building features 4 separate apartments, each with a living room, one bedroom, kitchen and bath. The two first floor apartments have been updated. Owners had previous combined the two top floor apt and used it as one unit and is in need of TLC. There are dual pane windows,hardwood floors, high ceiling throughout, one car garage, spacious basement storage room with potential development and a large private yard. There are some city views from the top floor. Walking distance to Chinatown, Financial District, Washington Park, Fisherman's Wharf, North Beach shops and restaurants. Close to transportation on Union St and cable cars on Mason St.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,590 | - |
| Lot Size | 2,749 | - |
| Price | $2.00M | $2.06M |
| Price per sq ft | $771 | $729 |
| Built year | 1911 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 62 |
Jul 16, 2026
$1,998,000
Initial Listing