1234 Francisco ST #3 San Francisco, CA 94123 New

UPDATED: 05/29/2026 07:08 PM ON SITE: 2 days on site

$799,000

1 Bed1 Bath2,064 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Tenancy in Common

Listing Status Active

Purchase Type For Sale

MLS Listing ID 426134099

Bedrooms 1

Full Baths 1

HOA Fees $611/mo

HOA Y/N Yes

Year Built 1924

Lot Size 2,064 Sqft

Acres 0.0474

Property Sub-Type Tenancy in Common

Property Description

1234 Francisco Street, Unit 3 is located in the Marina - one of San Francisco's most sought-after neighborhoods. This charming and spacious south facing unit located on the 2nd level is filled with natural light. The well-proportioned layout includes a formal living room, kitchen, bonus room, spacious bedroom, bathroom, and multiple closets. This tenant-occupied property presents an exceptional opportunity for investors seeking immediate value with significant upside potential. Units 1 and 5 in the same stack have already been successfully renovated into 2-bedroom, 2-bath residences with in-unit laundry, providing a clear blueprint for future expansion and added value. This is a rare value-add opportunity where the heavy lifting has already been completed. The building's common areas have been fully transformed, and the property has undergone comprehensive upgrades from the ground up, including structural and seismic improvements, updated electrical and plumbing systems, a new roof, and modernized safety systems. The comps are established, the infrastructure is in place, and the remaining upside is ready for the next owner to realize. Residents enjoy access to a shared backyard with BBQ area, all just steps from Chestnut Street, Fort Mason, the Marina Green, shops, dining, and public transportation. Added peace of mind: the building is located outside San Francisco's liquefaction zone a rare and highly desirable distinction in the city.