3320 22nd Street, San Francisco, CA 94110, San Francisco, 94110 - 5 bed, bath

3320 22nd Street, San Francisco, CA 94110 home-pic-0
ACTIVE$3,375,000
3320 22nd Street, San Francisco, CA 94110
5Beds
0Bath
4,445Sqft
2,561.33Lot
Year Built
1900
Close
-
List price
$3.38M
Original List price
-
Price/Sqft
$759
HOA
$0
Days on market
-
Sold On
-
MLS number
425089895
Home ConditionGood
Features
Excellent View:
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $3.38M(80th), sqft - 4445(80th), beds - 5(50th), baths - undefined(50th).

3318-3320 22nd Street is a six-unit mixed-use property in Dolores Heights. This highly improved asset consists of five large one-bedroom units and a ground-floor retail space. Four of the apartments have been recently remodeled with quality finishes and modern flair while maintaining their classic Edwardian charm. A new roof was installed within the past five years. The building has newer electrical panels. Each of the remodeled units features hardwood floors, in-unit laundry, stone countertops, and ornate tilework. Two of the five apartments have AC units, and four units have their own tankless water heaters. Some of the units have nice outlooks over the city. The ground-floor apartment opens up to a large rear garden perfect for entertaining or relaxing. Situated just west of Valencia Street, this location provides easy access to the best features of the Mission District while maintaining a quiet neighborhood feel. Tenants are also just blocks away from Dolores Park, making this a highly desirable rental location. This is an excellent opportunity to acquire a fully-occupied turn-key asset that will provide immediate cash flow

Price History

Date
Event
Price
12/01/25
Price Change
$3,375,000
Condition Rating
Good

While the property was built in 1900, the listing explicitly states that four of the five residential units have been 'recently remodeled with quality finishes and modern flair' within the last five years, including new roofs and newer electrical panels. The images confirm these renovations, showcasing modern kitchens with white shaker cabinets, stone countertops, stainless steel appliances, and in-unit laundry, as well as updated bathrooms with contemporary vanities and tilework. Hardwood floors are present throughout. However, at least one bathroom (Image 6) appears to be original or older, featuring a clawfoot tub and pedestal sink, which, while clean and functional, is not 'new or virtually new.' This mixed condition, with the majority of units extensively renovated but not all, and the overall age of the building, places it in the 'Good' category as a move-in ready, highly improved asset with well-maintained systems, rather than 'Excellent' which implies all components are virtually new.
Pros & Cons

Pros

Diversified Income & Turn-Key Asset: This mixed-use property offers six units (five residential, one retail), providing diversified income streams. It is fully occupied, ensuring immediate cash flow for the investor.
Extensive Modern Renovations: Four of the five residential units have been recently remodeled with high-quality finishes, including hardwood floors, stone countertops, in-unit laundry, and ornate tilework, blending modern comfort with classic Edwardian charm.
Key Infrastructure Updates: Significant capital improvements, such as a new roof installed within the past five years and newer electrical panels, reduce immediate maintenance concerns and future capital expenditures for a new owner.
Highly Desirable Location: Situated in Dolores Heights, the property offers a quiet neighborhood feel with excellent access to the vibrant Mission District and is just blocks from Dolores Park, making it a prime rental location.
Enhanced Tenant Amenities: Remodeled units feature in-unit laundry, and several units include AC and tankless water heaters. The ground-floor apartment also boasts a large rear garden, significantly enhancing tenant appeal and retention.

Cons

Inconsistent Unit Amenities: Not all residential units are equipped with AC or tankless water heaters (only two units have AC, and four have tankless water heaters), which could lead to varying tenant expectations or rental values across units.
Potential for Age-Related Maintenance: Despite recent upgrades to the roof and electrical panels, the building's 1900 construction year suggests potential for ongoing maintenance or future capital expenditures related to original structural or plumbing systems not explicitly mentioned as updated.
Lack of Dedicated Parking: The property description does not mention any dedicated parking, which can be a significant drawback for tenants and the retail space in a dense urban environment like San Francisco.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state