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33532141
33532150

1427-1431 Grant Avenue, San Francisco, CA 94133

IB
CA CA 01722847
Compass San Francisco - Hanna John Azar
Listed by Compass San Francisco - Hanna John Azar
$3,800,000
5 days on market
Updated 5 days ago

1427-1431 Grant Avenue

Details
Property Type Mixed Use
Sub Type Multifamily, Retail
Square Footage 3,445
Units 4
Cap Rate 5.33%
NOI $202,462
Tenancy Vacant
Price per SqFt $1,103
Year Built 1907
Buildings 1
Lot Size (SqFt) 1,175
Parking Spaces 3 spaces
Parking Per SqFt 0.87
Investment Type Owner/User

Mixed Use | 5.33% CAP | 3,445 SqFt

Marketing description

We are pleased to present 1427–1431 Grant Avenue, a rare opportunity to acquire a fully renovated four-unit mixed-use property in the heart of San Francisco's iconic North Beach neighborhood. Offered at $3,800,000, this exceptional asset combines historic charm with modern luxury and is delivered completely vacant, providing unmatched flexibility for investors, owner-users, and multi-generational living.

Originally built in 1907, the property has undergone a comprehensive down-to-the-studs renovation with over $1.2 million invested in capital improvements. The renovation includes a new 400-amp electrical system, all-new copper plumbing, new roof, dual-pane windows, rooftop deck, upgraded mechanical systems, and thoughtfully designed interiors finished to condo-quality standards throughout.

The property features an attractive unit mix consisting of two full-floor two-bedroom/two-bathroom residences, one junior one-bedroom unit, and a ground-floor retail space with frontage on Grant Avenue and additional access from Bannam Alley.

Each residential unit offers high ceilings, wide-plank oak flooring, custom cabinetry, quartz countertops, in-unit laundry, central heating, tankless water heaters, and access to a spectacular rooftop deck showcasing panoramic views of Coit Tower, the Transamerica Pyramid, Telegraph Hill, and Saints Peter and Paul Church.

Investment highlights

  • Fully vacant four-unit mixed-use property
  • Over $1.2 million invested in a complete renovation
  • Condo-quality finishes throughout
  • New rooftop deck with iconic San Francisco skyline views
  • Large garage with tandem parking for up to three vehicles
  • Prime North Beach location surrounded by renowned restaurants, cafés, and neighborhood amenities
  • Scheduled NOI of $202,462
  • Attractive 5.33% cap rate
  • Significant long-term appreciation and rental growth potential

Listing Contacts

IB
CA CA 01722847
Compass San Francisco - Hanna John Azar
Listed by Compass San Francisco - Hanna John Azar

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$202,462.00
$16,871.83/mo

Valuation Metrics

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DSCR
5.33%
Cap Rate
5.33%
ROI

Map

Zoning

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NCD-NORTH-BEACH-40-X CommercialNeighborhood CommercialNorth Beach Neighborhood Commercial District
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Last updated Jun 10, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Ismael Benhamida
License
CA 01722847
Brokerage
Compass
Title
Senior Vice President of Investments
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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