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The Baker Revival: Restoring Legacy to an Edwardian Duplex-Coming Soon!

$1,350,000

62-64 Baker Street, San Francisco, CA 94117

Active
Last Updated: 03/05/2025

5,490 sqft

Building Size

2,661 sqft

Lot Area

Details:
Building Size:    5,490 sqft
Lot Area:    2,661 sqft
Occupancy:    50%
Class:    C
Units:    2
Year Built:    1904
Zoning:    RH3
Floors:    2
Investment Strategy:    Value Add
Highlights:
  • Prime San Francisco Location: Situated in a highly sought-after neighborhood with easy access to public transportation, shopping, dining, & major amenities.
  • Third Potential Unit: RH3 zoning allows for the development of a third unit, enhancing investment potential.
  • Value-Add Investment Strategy: Opportunity for a complete renovation with a tenant buyout, offering strong potential for appreciation.
  • TIC Conversion Potential: After renovation, the property can be sold as a Tenancy-In-Common (TIC), maximizing value & providing flexibility for future owners.
  • Development Potential: Ideal for investors seeking to enhance the property's value through strategic improvements, with long-term growth potential.
  • Historical Charm: Designed by renowned architect Theodore Lenzen & built in 1904, offering a piece of San Francisco's architectural history.
  • Architectural Significance: A unique, historic building with distinct Edwardian character, ready to be restored to its former glory.
Description:

An incredible opportunity for investors seeking a prime Multi-Family Property with Value-Add potential in one of San Francisco’s most desirable areas.

Offered for sale is this exceptional multi-family investment property in one of San Francisco’s most sought-after neighborhoods. This historically significant building, designed by the renowned architect Theodore Lenzen and built in 1904, offers the perfect opportunity for investors looking to capitalize on a prime location with significant potential for Value-Add enhancements.

This property consists of two units with an additional third potential unit, making it an ideal candidate for redevelopment or renovation. With RH3 Zoning in place, there is substantial opportunity to convert or expand the property into additional living space, making it an even more valuable asset. The investment strategy focuses on a Value-Add approach, where a Tenant Buyout (for Unit 62) is incorporated to facilitate a complete renovation, and the property would then be sold as TICs.

The combination of the property’s historical charm and its potential for significant renovation makes it a prime candidate for a Fix and Flip investment strategy, designed to maximize both short-term returns and long-term appreciation.

Situated in a vibrant and desirable neighborhood, this property offers easy access to public transportation, shopping, dining, and all that San Francisco has to offer.

Don’t miss out on this incredible opportunity to acquire a piece of San Francisco history with strong potential for future growth.

Map:
Documents:
Title
62-64_Baker_Street__San_Francisco_Trifold_Brochure.pdf
View
ProfileDownload__14_.pdf
Market-Activity-Report_San-Francisco-CA-94117_2025-03-01-21-27-29.pdf
Property-Report_62-Baker-St-64-San-Francisco-CA-94117_2025-03-01-20-59-32.pdf
Sellers-Report_62-64Baker_St_San-Francisco_CA_94117_2025-03-01.pdf
Trade-Area-Report_San-Francisco-CA-94117_2025-03-01-21-04-25.pdf
10._PRELIM-LINKED-LIVELOOK__.pdf
12._NHD_Summary_62_-_64_BAKER___St_.pdf
11._NHD_Report_62_-_64_BAKER___St_.pdf
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