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Listed price in listed location currency (USD).
$5,149,000

1883

MLS® 426124136

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 10590 sqft
Garage Yes
Taxes 
Days Active 0
Lot Size 
Approx. Age 1924
Avg. Price Per Sqft $486
MLS® Number 426124136

Property Address: 1855 California Street, San Francisco, CA, 94109

Average square foot calculated using Size range provided by listing agent.

Description

1855 California Street is a well-located, 7-unit multifamily property in the heart of San Francisco's highly desirable Pacific Heights neighborhood just steps from Lafayette Park, Whole Foods and the best of Fillmore Street with an incredible 103% of rental upside! The building offers an ideal unit mix: two 1BR/1BA, four 3BR/2BA, and one 4BR/2BA, with 3-car parking and a ground-floor garage. Classic San Francisco architectural elements are on display throughout: hardwood floors, crown molding, bay windows, and original period details that give the building lasting character. Select units feature updated kitchens and baths. Front units enjoy north-facing city views; rear units overlook a lush, mature garden in a generous south-facing backyard. In the same family for nearly 40 years, the building reflects genuine pride of ownership. A wide, freshly painted foyer welcomes residents and amenities include bike storage, separate storage areas, and a bright, well-appointed laundry room. For investors, 1855 California presents a compelling value-add opportunity with current rents at approximately 49% of market, offering the potential to double rental income as below market units turn over to market rents all within one of San Francisco's most consistently sought-after neighborhoods. The property provides stable in-place income today, with strong potential for long-term appreciation. Recent capital improvements reflect a combined $100, 100 in targeted building investment: seismic upgrade (2012, $20K), high-efficiency Peerless steam boiler (2019, $24K), roof sealant and upgrades (2022, $16.3K), and full electrical panel update (2025, $39.8K). Residents enjoy immediate access to neighborhood dining, retail, and transit. Easy freeway and downtown access, plus Muni, bike share, and the 49 Van Ness Express line. Don't Miss! NOTE: photos shown are when units were vacant. Currently fully occupied.
MLS® Number426124136
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1924
BasementFull, Storage Space
DrivewayAttached, Garage, Garage Door Opener, Side By Side
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 27, 2026List Date
$5,149,000List Price
  • Commute

Commute

Starting Address
Destination Address
1855 California Street, San Francisco, CA

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