The Bosworth | Commercial Asset with Development Upside
Investment Opportunity | $6,000/Month In-Place Income | NC-1 Mixed-Use Zoning | ADU/JADU Upside
Marketing description
24 Bosworth Street presents a rare transit-oriented investment and mixed-use opportunity in San Francisco’s highly sought-after Bernal Heights/Glen Park corridor. This extensively renovated 1905 Victorian is ideally positioned for investors seeking immediate cash flow, long-term appreciation, and multiple value-add pathways under favorable NC-1 Neighborhood Commercial zoning. Currently tenant-occupied at $6,000/month on a month-to-month lease with tenants paying all utilities, the property generates $72,000 in annual gross income from day one.
The property offers approximately 2,195 SF under roof, including 1,320 SF of finished living space plus an additional 875 SF lower level with garage, storage, half bath, and ADU/JADU conversion potential. Renovated in 2011 with upgraded electrical, plumbing, HVAC, roof, windows, kitchen, and bathrooms, the asset combines classic San Francisco Victorian architecture with modern systems and reduced deferred maintenance.
Strategically located just a ~5-minute walk to Glen Park BART, the property benefits from exceptional commuter connectivity, a 98 Walk Score, 73 Transit Score, and 89 Bike Score, placing it within one of San Francisco’s strongest owner-user and rental demand corridors.
NC-1 zoning and a 40-X height limit create significant future upside potential through multiple investment strategies, including:
- Hold for stable in-place income
- Owner-user/live-work conversion
- Ground-floor commercial activation
- ADU/JADU expansion opportunities
- Long-term redevelopment and density upside near major transit infrastructure
The lower level presents a strong candidate for ADU/JADU conversion, creating potential additional rental income and increased future asset value. Investors may also benefit from evolving California transit-oriented development legislation and density bonus opportunities applicable to transit-proximate parcels.
Offered at $1,850,000, the property is positioned below the area’s average price per square foot while delivering immediate revenue, flexible zoning, and long-term redevelopment optionality in one of San Francisco’s most supply-constrained neighborhoods.
Investment highlights
- Prime Bernal Heights / Glen Park location with strong long-term appreciation fundamentals
- Transit-oriented asset located approximately 5 minutes from Glen Park BART
- Immediate in-place cash flow with $6,000/month rental income and tenants paying all utilities
- Month-to-month tenancy provides future flexibility for repositioning or redevelopment
- NC-1 Neighborhood Commercial zoning allows for multiple residential and commercial use strategies
- Rare mixed-use/live-work opportunity in a high-demand San Francisco neighborhood
- Approximately 2,195 SF under roof including expandable lower-level space
- 875 SF lower level offers strong ADU/JADU conversion potential for additional income generation
- Fully renovated in 2011 with upgraded electrical, plumbing, HVAC, roof, windows, kitchen, and bathrooms
- Significant value-add and redevelopment upside supported by 40-X height zoning and transit-proximate location
- Strong walkability with 98 Walk Score, 73 Transit Score, and 89 Bike Score
- Positioned below neighborhood average price per square foot compared to recent comparable sales
- Ideal opportunity for investors, developers, owner-users, or live/work entrepreneurs
- Located in one of San Francisco’s most supply-constrained and desirable residential submarkets
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