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Listed by Allison Chapleau Compass
$ 2,500,000
Est. payment | /mo
12 Beds
3 Baths
5,941 SqFt
$ 2,500,000
Est. payment | /mo
12 Beds
3 Baths
5,941 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 5,941 sqft
Price per Sqft $420
MLS Listing ID 426106835
Bedrooms 12
Full Baths 3
HOA Y/N No
Year Built 1907
Lot Size 3,436 Sqft
Acres 0.0789
Property Sub-Type Triplex
New Construction No
Property Description
Well-maintained three-unit property featuring expansive flats totaling approximately 5,941 SqFt, currently operated under a master lease structure providing stable income with minimal owner management responsibilities. The property is leased in its entirety to a master tenant who rents individual rooms on a per-room basis while paying the owner a fixed monthly rent. The master tenant is responsible for all utilities, including water, sewer, Recology, gas, electricity, and internet, creating a streamlined and largely passive ownership opportunity with predictable income and limited day-to-day management requirements. The building has been extensively improved and professionally maintained over time. Major capital upgrades include foundation replacement and a full seismic upgrade, interior remodeling, and installation of updated fire-life-safety systems including a fire alarm system and sprinklers. Recent 604 compliance work has been completed, and a new roof was installed in 2025, providing longterm ownership confidence. Ideally located in the heart of Haight Ashbury, 1651-1655 Oak Street benefits from immediate access to Golden Gate Park, the vibrant Haight Street commercial corridor, and the Divisadero dining and retail district. The property offers excellent connectivity via nearby MUNI transit lines and convenient access to downtown, UCSF, and major employment hubs, supporting consistently strong rental demand in one of San Francisco's most iconic and supply-constrained neighborhoods.
Location
State CA
County San Francisco
Area Sf District 5
Interior
Fireplace No
Building
Lot Description None
New Construction No
Others
Tax ID 1223021
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