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974-980 Sutter Street, San Francisco, CA 94109, San Francisco, 94109 - 6 bed, bath

974-980 Sutter Street, San Francisco, CA 94109 home-pic-0
ACTIVE UNDER CONTRACT$1,250,000
974-980 Sutter Street, San Francisco, CA 94109
6Beds
0Bath
6,330Sqft
2,188Lot
Year Built
1908
Close
-
List price
$1.25M
Original List price
-
Price/Sqft
$197
HOA
$0
Days on market
-
Sold On
-
MLS number
425081878
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.25M(33th), sqft - 6330(33th), beds - 6(50th), baths - undefined(50th).

974-980 Sutter Street is a mixed-use building located in San Francisco's Lower Nob Hill neighborhood. The property totals approximately 6,330 square feet and features six total units, consisting of four one-bedroom/one-bath units, one two-bedroom/one-bath unit, and one ground-floor commercial space. Nestled in San Francisco's historic Lower Nob Hill district, the property sits just minutes from Downtown, the Financial District, and Union Square. This vibrant neighborhood blends classic San Francisco architecture with a lively mix of restaurants, cafes, boutiques, and public transportation options, offering residents and businesses alike a convenient and highly walkable setting.

Price History

Date
Event
Price
10/16/25
Price Change
$1,250,000
04/01/05
Sold
$205,000
03/13/98
Sold
$725,000
Condition Rating
Poor
Built in 1908, this property is over a century old. While functional as a mixed-use building, the provided images of the commercial space show worn flooring and dated elements, indicating a need for significant updates. Crucially, there are no images of the residential kitchens or bathrooms, but given the building's age and the property analysis explicitly mentioning 'potential for outdated systems (plumbing, electrical)' and the 'need for significant capital expenditures for upgrades or renovations,' it's highly probable that these key areas require substantial rehabilitation to meet modern standards. The property is not a tear-down, but it requires more than minor updates.
Pros & Cons

Pros

Mixed-Use Income Diversification: The property features six units, including five residential (four 1-bed/1-bath, one 2-bed/1-bath) and one ground-floor commercial space, offering diversified income streams and reduced vacancy risk.
Prime San Francisco Location: Situated in the highly desirable Lower Nob Hill neighborhood, minutes from Downtown, the Financial District, and Union Square, ensuring strong tenant demand and potential for appreciation.
Exceptional Walkability & Transit Access: The vibrant neighborhood offers a highly walkable setting with a lively mix of amenities and excellent public transportation options, appealing to urban residents and businesses.
Significant Unit Count: With six total units, the property presents substantial rental income potential, making it an attractive investment opportunity for cash flow generation.
Historic Architectural Appeal: Located in a district known for classic San Francisco architecture, the building likely possesses character and charm that can attract tenants and contribute to its long-term value.

Cons

Building Age & Potential Maintenance: Constructed in 1908, the property is over a century old, which may imply higher ongoing maintenance costs, potential for outdated systems (plumbing, electrical), and the need for significant capital expenditures for upgrades or renovations.
Small Lot Size: With a lot size of only 2,188 square feet for a 6-unit, 6,330 square foot building, there is limited outdoor space or potential for future expansion on the property.
San Francisco Rent Control Implications: As a residential income property in San Francisco, it is likely subject to the city's stringent rent control ordinances, which could limit future rental income growth and impact investment returns.

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