160 Portola Drive, San Francisco, CA 94131, San Francisco, 94131 - 18 bed, bath

160 Portola Drive, San Francisco, CA 94131 home-pic-0
ACTIVE$3,600,000
160 Portola Drive, San Francisco, CA 94131
18Beds
0Bath
13,731Sqft
6,555.78Lot
Year Built
1965
Close
-
List price
$3.6M
Original List price
-
Price/Sqft
$262
HOA
$0
Days on market
-
Sold On
-
MLS number
425030016
Home ConditionFair
Features
Excellent View:
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $3.60M(83th), sqft - 13731(83th), beds - 18(83th), baths - undefined(17th).

160 Portola Drive is a well-maintained 16-unit multifamily property perched in San Francisco's picturesque Twin Peaks neighborhood. This classic mid-century building combines stable income with significant upside, all set against the backdrop of sweeping city and bay views. The building includes fourteen (14) on-site parking spaces a rare amenity in this hillside location with an abundant amount of street parking across the street. The unit mix features fourteen (14) one-bedroom units and two (2) two-bedroom units, all of which enjoy incredible views through large windows. Select units have been tastefully updated with modern finishes, while others present a prime opportunity for renovation and rental repositioning. Nestled along the Portola corridor at the top of Twin Peaks, the building offers residents an elevated living experience with dramatic vistas stretching across the San Francisco skyline and beyond. The quiet, residential setting is complemented by proximity to neighborhood hubs such as Noe Valley, Glen Park, and West Portal, along with convenient transit access. With a strong foundation of existing income, desirable amenities, and unmatched views, 160 Portola offers investors a rare opportunity to acquire a value-oriented multifamily asset in San Francisco

Price History

Date
Event
Price
06/24/25
Sold
$3,600,000
04/14/25
Price Change
$3,600,000
Condition Rating
Fair

The property, built in 1965, is described as 'well-maintained' but a 'classic mid-century building.' While 'select units have been tastefully updated with modern finishes,' others 'present a prime opportunity for renovation and rental repositioning.' This indicates a mixed condition where some parts are updated, but others are outdated and require substantial investment, aligning with the 'fair' criteria of being aged but maintained, with major components showing signs of being outdated. The inability to view images prevents a detailed assessment of specific kitchen and bathroom styles or features, but the description suggests a blend of updated and original conditions. The property analysis also notes 'Age of Building & Potential Capital Expenditures' and 'Required Renovation Investment' as weaknesses.
Pros & Cons

Pros

Panoramic Views: The property boasts sweeping city and bay views from its Twin Peaks location, with all 16 units enjoying incredible vistas through large windows, significantly enhancing tenant appeal and value.
Multifamily Income & Upside Potential: As a 16-unit multifamily asset, it offers a strong foundation of existing income combined with significant upside potential through renovation and rental repositioning of select units.
On-Site Parking: The inclusion of fourteen (14) on-site parking spaces is a rare and highly desirable amenity in San Francisco, particularly in a hillside neighborhood, adding substantial value and convenience for residents.
Prime Location & Accessibility: Perched in the picturesque Twin Peaks neighborhood, the property offers an elevated, quiet residential setting with convenient access to vibrant neighborhood hubs like Noe Valley, Glen Park, and West Portal, along with transit options.
Value-Add Opportunity: While some units are updated, others present a clear opportunity for renovation and modernization, allowing an investor to significantly increase rental income and property value through strategic upgrades.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-06-24. The sold price is $3,600,000.00.
Age of Building & Potential Capital Expenditures: Built in 1965, the mid-century building, despite being well-maintained, may require significant capital expenditures for updating major systems (e.g., plumbing, electrical, roof) that are nearing the end of their useful life.
Required Renovation Investment: The description indicates that not all units are updated, meaning a new owner will need to allocate substantial capital for renovating the remaining units to achieve full market potential and maximize rental repositioning.
Limited Unit Diversity: The unit mix is heavily skewed towards one-bedroom units (14 out of 16), with only two two-bedroom units, which might limit the property's appeal to a broader tenant demographic seeking larger living spaces.

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