5947-5949 Geary Boulevard, San Francisco, CA 94121, San Francisco, 94121 - 5 bed, 4 bath
ACTIVE$1,895,000
5947-5949 Geary Boulevard, San Francisco, CA 94121
5Beds
4Baths
5,226Sqft
2,495.99Lot
Year Built
1954
Close
-
List price
$1.9M
Original List price
-
Price/Sqft
$363
HOA
$0
Days on market
-
Sold On
-
MLS number
425008932
Home ConditionGood
Features
View-
About this home
We found 3 Cons,6 Pros.
Mid Century mixed use 6-unit residential income earner located in prime Central Richmond District location of San Francisco. Consisting of five spacious 1 bedroom and 1 bath apartments + additional ground floor commercial unit with bathroom and separate meters. There is also a common area coin-op laundry room, gated entry way and additional storage provided. Currently all apartments including the commercial space are occupied providing excellent annual income with potential to grow. With close proximity to some of the best landmarks in SF such as Golden Gate Park, The Presidio, Legion of Honor, Lincoln Park Golf Course, Lands End, Sea Cliff and Ocean Beach. Geary Boulevard offers popular restaurants, bars, grocery, coffee shops and easy Public Transportation with direct access to downtown and much more. Perfect for 1031 Exchange trade up or the First Time Investor!
Nearby schools
8/10
Alamo Elementary School
Public,•K-5•0.2mi
8/10
Argonne Elementary School
Public,•K-5•0.5mi
8/10
Sutro Elementary School
Public,•K-5•0.7mi
9/10
Lafayette Elementary School
Public,•K-5•0.8mi
8/10
Peabody (George) Elementary School
Public,•K-5•1.1mi
8/10
Mccoppin (Frank) Elementary School
Public,•K-5•1.1mi
8/10
New Traditions Elementary School
Public,•K-5•1.8mi
7/10
Grattan Elementary School
Public,•K-5•2.1mi
9/10
Stevenson (Robert Louis) Elementary School
Public,•K-5•2.2mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•2.3mi
6/10
San Francisco Public Montessori School
Public,•K-5•2.9mi
1/10
Mission Education Center
Public,•K-5•3.9mi
2/10
Fairmount Elementary School
Public,•K-5•4.2mi
/10
Chinese Education Center
Public,•K-5•4.4mi
8/10
Presidio Middle School
Public,•6-8•0.4mi
9/10
Roosevelt Middle School
Public,•6-8•1.3mi
9/10
Lawton Alternative Elementary School
Public,•K-8•1.6mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•1.6mi
8/10
Giannini (A.P.) Middle School
Public,•6-8•2.1mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•2.7mi
6/10
Rooftop Elementary School
Public,•K-8•2.8mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•3.9mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•4.2mi
3/10
San Francisco Community Alternative School
Public,•K-8•4.6mi
2/10
Revere (Paul) Elementary School
Public,•K-8•4.8mi
7/10
Washington (George) High School
Public,•9-12•0.5mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•2.1mi
7/10
Lincoln (Abraham) High School
Public,•9-12•2.3mi
2/10
Wells (Ida B.) High School
Public,•9-12•2.7mi
6/10
Academy Of Arts And Sciences
Public,•9-12•3.0mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•3.0mi
3/10
Mission High School
Public,•9-12•3.3mi
10/10
Lowell High School
Public,•9-12•3.4mi
8/10
Galileo High School
Public,•9-12•3.6mi
3/10
O'connell (John) High School
Public,•9-12•4.0mi
2/10
S.F. International High School
Public,•9-12•4.4mi
1/10
Downtown High School
Public,•9-12•4.5mi
7/10
Balboa High School
Public,•9-12•4.6mi
2/10
Jordan (June) School For Equity
Public,•9-12•5.2mi
2/10
Marshall (Thurgood) High School
Public,•9-12•5.4mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•5.9mi
Price History
Date
Event
Price
02/05/25
Price Change
$1,895,000
04/13/23
Sold
$1,590,000
Condition Rating
Good
Built in 1954, the property's residential units have undergone significant updates, particularly in the kitchens and bathrooms, which appear to have been renovated within the last 5-15 years. Kitchens feature modern white cabinets, light granite/quartz countertops, stainless steel appliances (refrigerator, range, microwave), and subway tile backsplashes. Bathrooms include updated vanities and modern toilets, though some older light fixtures and basic tub surrounds remain. Flooring is a mix of well-maintained hardwood and newer laminate/LVP. The commercial unit also presents well with updated flooring. While common areas and the building exterior show their age, they appear maintained, and the roof seems to be a newer membrane type. The residential units are move-in ready with no immediate renovations required, aligning with a 'Good' condition, despite the overall age of the building.
Pros & Cons
Pros
Great Schools: Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Prime San Francisco Location: Located in the highly desirable Central Richmond District, offering proximity to iconic landmarks like Golden Gate Park, The Presidio, and Ocean Beach, alongside vibrant local amenities on Geary Boulevard.
Established Income Stream: A fully occupied 6-unit mixed-use property (5 residential 1BD/1BA apartments + 1 commercial unit) currently generating excellent annual income for investors.
Income Growth Potential: The property description explicitly notes 'potential to grow,' suggesting opportunities for increased rental income through market adjustments or strategic improvements.
Tenant-Friendly Amenities: Includes a common area coin-op laundry room, gated entry, and additional storage, enhancing tenant convenience and retention.
Excellent Public Transportation Access: Offers easy access to public transportation with direct routes to downtown San Francisco, a significant advantage for residents and commercial patrons.
Cons
Age of Building & Infrastructure: Built in 1954, the property may require substantial capital investment for updating aging systems (e.g., plumbing, electrical, roof) and general modernization to maintain competitiveness and maximize rental potential.
Limited Residential Unit Configuration: All five residential units are 1-bedroom, which may limit the prospective tenant pool and potential rental income compared to properties offering a more diverse range of unit sizes.
Absence of Dedicated Parking: The property description does not mention dedicated parking, which can be a significant drawback for both residential tenants and commercial clients in a dense urban area like San Francisco.