861 Baker St, San Francisco, CA 94115

Property Description

Exceptional value-add opportunity in a prime NOPA location. 859-861 Baker Street is a five-unit building offering a compelling combination of immediate flexibility, approved plans, and significant long-term upside. With four units delivered vacant and just one tenant-occupied unit currently paying $3,282 per month, the property presents a rare opportunity for investors, developers, contractors, and TIC buyers. The building features a versatile unit mix of one 3-bedroom, one 1-bedroom, and three studios, with approved plans to remodel the none- occupied units allowing a new owner to move forward with improvements. Plans have been approved and are ready to be picked up. Ideal for a developer or contractor looking to renovate and reposition the property, a TIC investor exploring individual unit sales, or a long-term buy-and-hold investor seeking to improve the building and capture future rental upside. The high level of vacancy provides exceptional flexibility to execute a variety of strategies from day one. Home could be used as a Single Family Home as well. Located in desirable NOPA with convenient access to neighborhood restaurants, cafes, parks, shopping, and transportation, 859-861 Baker Street is a rare San Francisco multifamily opportunity with approved plans, substantial vacancy, and multiple paths to create value. Seller financing available for qualified buyers