San Francisco Central North Real Estate

1939 Divisadero Street presents a rare opportunity to acquire a turnkey, income-producing office investment in one of San Francisco's most established and centrally located neighborhoods. Originally constructed as an apartment building and thoughtfully converted into professional office suites, the property consists of 24 individual office spaces and one ground-floor retail suite. The tenant roster is comprised primarily of therapists and counseling professionals, a highly desirable tenant base known for long-term occupancy, low turnover, and consistent demand. For investors seeking the stability typically associated with multifamily ownership, 1939 Divisadero offers many of the same benefitsnumerous small tenants, diversified income streams, and resilient occupancywithout the constraints of residential rent control. The result is a property that combines the predictability of apartment-style cash flow with the flexibility and income growth potential of commercial real estate. The building has been meticulously maintained and professionally managed, reflecting pride of ownership throughout. Current management may be available to remain in place, providing a seamless transition for a new owner. With only three office vacancies, the property generates a legitimate in-place 6.5% capitalization rate while still offering future upside through rental growth. The flexible lease structure provides optionality for both investors and owner-users, allowing a future owner the opportunity to occupy space while maintaining substantial income from the existing tenant base. This combination of immediate cash flow, occupancy flexibility, and long-term appreciation potential is increasingly difficult to find in today's investment market. Architecturally, the property retains the timeless character and charm of its residential origins while offering modern functionality for professional users. In turnkey condition and strategically positioned along the Divisadero corridor, 1939 Divisadero is a compelling investment opportunity that delivers strong current returns, operational stability, and future value creation potential.

1939 Divisadero Street, San Francisco

Listing courtesy of Michael B Johnston, from Engel & Voelkers San Francisco
(If provided) CoList: from

400 Grove Street Unit 305, San Francisco

$276,705

1 Baths ⋅ 426136794 MLS

Studio Below Market Rate (BMR) housing opportunity available at 120% Area Median Income (AMI), which includes the one-time 20% increase as allowed under the temporary waivers. Maximum income for 1 person= $136,150, 2 people = $155,650, 3 people = $175,100, etc. Must be 1st-time homebuyer & income eligible. Temporary waivers apply to this unit. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. The unit will be available on a first come first served basis starting on 8/4/2026 at 8:00 AM PST. Please visit https://housing.sfgov.org/listings/a0W7y00000IQdubEAD to view the listing and for application & program info. This is a Fair Housing Opportunity. Modern living in the heart of Hayes Valley, 400 Grove offers a secure building with bike room, virtual doorman, bamboo courtyard and view skydeck with gas BBQ and firepit close to shops, restaurants and public transit. Modern architecture, great natural light, large bathroom and in unit washer/dryer make this studio as desirable as the location.

400 Grove Street Unit 305, San Francisco

Listing courtesy of Matt Hendry, from KW Advisors
(If provided) CoList: from

$2,675,000

11 Beds ⋅ 5 Baths ⋅ 426133037 MLS

630 Haight Street presents a rare opportunity to acquire a well-maintained three (3) unit multifamily asset in the heart of San Francisco's highly desirable Lower Haight neighborhood. The property features an exceptional unit mix consisting of one (1) three-bedroom / one-bath unit, one (1) four-bedroom / two-bath unit, and one (1) five-bedroom / two-bath unit, catering to a wide range of tenant profiles and providing strong long-term rental appeal. The spacious flats blend classic San Francisco charm with modern updates, featuring high ceilings, hardwood flooring, abundant natural light, and thoughtfully updated kitchens and bathrooms. Select units include skylights, bonus space, and remodeled finishes throughout, while the property also benefits from a large shared backyard, on-site laundry, and additional storage. Ideally located near Duboce Park, Alamo Square, Hayes Valley, and the vibrant Divisadero and Haight Street retail corridors, the property is surrounded by some of San Francisco's most popular restaurants, cafes, and neighborhood amenities. Its central location also provides convenient access to public transportation and major commuter routes, further enhancing tenant demand. With large flat-style units, strong in-place income, and a premier Lower Haight location, 630 Haight Street represents an excellent opportunity to acquire a pride-of-ownership asset in one of San Francisco's most consistently desirable rental markets.

630 Haight Street, San Francisco

Listing courtesy of Payam Nejad, from Colliers International
(If provided) CoList: from

1600 Webster Street Unit C2, San Francisco

$565,000

426106179 MLS

Rare opportunity to own a boutique commercial condominium in the heart of Lower Pacific Heights / Japantown. Ideal for owner-user professional office use, this well-located space offers approximately 521 square feet of improved area, including a 347 SF street-facing office fronting Webster Street and a 174 SF rear office created from two merged deeded storage rooms. The layout provides two non-adjacent work areas, allowing separation of client-facing and private workspace. This condominium includes an in-unit restroom, near double-height ceilings in the rear office, two premium deeded parking spaces, and two additional separate storage rooms. Located in a modern mixed-use building constructed in 2005. Well-suited for SBA financing and an excellent alternative to leasing for professionals seeking long-term occupancy control in a central San Francisco location.

1600 Webster Street Unit C2, San Francisco

Listing courtesy of Asher G McInerney 6, from Ground Matrix
(If provided) CoList: from

$150,000

426102103 MLS

Prime opportunity located at 688 Haight Street in the heart of San Francisco. Situated in a highly desirable and high-traffic area with close proximity to shops, dining, public transportation, and major commuter routes. Property offers strong visibility and accessibility in a vibrant neighborhood known for consistent foot traffic and demand. Ideal for investors or owner-users seeking a well-located asset in one of San Francisco's most iconic corridors.

688 Haight Street, San Francisco

Listing courtesy of Alex Y Dabit, from The Trafton Group
(If provided) CoList: from

$328,000

1 Baths ⋅ 426100107 MLS

Welcome to 55 Page Street #213, a beautifully appointed Below Market Rate (BMR) studio condo in the heart of Hayes Valley. This bright and modern home features an in-unit washer and dryer, dishwasher, electric range, wood floors, and a space-saving Murphy bed that folds down, offering both style and functionality. Residents enjoy excellent building amenities, including a fitness center, attended lobby, and a landscaped roof deck with BBQ area and views of San Francisco, perfect for relaxing or entertaining. Ideally located, 55 Page Street offers easy access to Muni and BART, with shopping, entertainment, and world-class dining steps away. Don't miss this opportunity to own in one of San Francisco's most vibrant neighborhoods. This home is subject to the San Francisco Mayor's Office of Housing and Community Development BMR program. It is designated for first-time home buyers who are income eligible. This is a fair housing opportunity. Studio Below Market Rate (BMR) housing opportunity available at 100% Area Media Income (AMI). Maximum income for 1 person = $109,100, 2 people = $124,700, 3 people = $140,250, 4 people = $155,850, 5 people = $168,300, 6 people = $180,800, 7 people = $193,250. Must be a 1st-time homebuyer & income-eligible. Unit #213 is available through the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. The unit will be available on a first come first served basis starting on 3/18/2026 at 8:00 AM PST. Please visit https://housing.sfgov.org/listings/a0W7y00000GAnGSEA1 to view the FCFS listing information and to apply. To schedule a private showing please visit https://calendly.com/sfrealproperty/55pagest213 . Update: Applicants applying for this BMR unit are eligible for one or more of the following one time waivers*: Temporary qualifying AMI of 120%, as shown on the listing, reflects the one-time 20% increase. Can have income from assets excluded from total household income. Can complete the homebuyer education after applying. Can make a down payment more than 50% of the sales price. *Temporary adjustments to the eligibility requirements will expire on 06/30/2027 unless further extended by MOHCD. For details on the temporary adjustments, view the June 15, 2026 program announcement.

55 Page Street Unit 213, San Francisco

Listing courtesy of Jeffrey P Banks, from Compass
(If provided) CoList: from

8 Octavia Boulevard Unit 407, San Francisco

$280,000

1 Baths ⋅ 425092925 MLS

First come First Serve No lottery! Hayes Valley Studio Below Market Rate (BMR) housing opportunity with in unit laundry and 1 parking space at 8 Octavia a sleek modern mid rise building with roof deck designed by award winning architect Stanley Saitowitz. Temporary Waivers apply: Can make a down payment more than 50% of the sales price, Can complete the homebuyer education after applying, Can have asset test waived, Can have a higher income limit. Up to 20% more than what is listed for the unit. Below Market Rate (BMR) housing opportunity available at 100% (120%) Area Median Income (AMI). Maximum income for 1 person = $136,150; 2 = $155,650; 3 = $1175,100; 4 = $194,500; 5 = $210,050 etc. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Please visit https://housing.sfgov.org/listings/a0W7y00000G3iMfEAJ to view the listing and for application & program info. Fair Housing Opportunity.

8 Octavia Boulevard Unit 407, San Francisco

Listing courtesy of Robert Belli, from Compass
(If provided) CoList: from

555 Fulton Street Unit 209, San Francisco

$321,536

1 Beds ⋅ 1 Baths ⋅ 426093503 MLS

First Come First Service Opportunity - No Lottery, Apply Directly. 1 bedroom Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $109,100, 2 people = $124,700; 3 = $140,250; 4 = $155,850, etc. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. The unit will be available on a first come first served basis starting on 4/29/2026 at 8:00 AM PST. Please visit https://housing.sfgov.org/listings/a0W7y00000GenQbEAJ to view the listing and for application & program info. Fair Housing Opportunity. Welcome to 555 Fulton #209, this unit features hookup for washer and dryer; the building features Rooftop Terrace with BBQ, Dog Run, bicycle storage, conference room, resident lounge, package room, and lobby attendant.

555 Fulton Street Unit 209, San Francisco

Listing courtesy of Trista Bernasconi, from Compass
(If provided) CoList: from

388 Fulton Street Unit 404, San Francisco

$349,617

1 Baths ⋅ 424031886 MLS

Studio Below Market Rate (BMR) housing Hayes Valley opportunity available at 100% Area Median Income (AMI). Maximum income for 1 people = $104,900; 2 = $119,900; 3 = $134,850; 4= $149,850 etc. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. The unit will be available on a first come first served basis starting on 06/18/2024 at 8:00 AM PST. Please visit https://www.sf.gov/step-by-step/388-fulton-street-unit-404 to view the listing and for application & program info. Fair Housing Opportunity. 99 Walker's Paradise, 100 Rider's Paradise, and 99 Biker's Paradise. Centrally located to FIDI, Freeway, SF Ballet, SF Opera, Jazz Center, Bill Graham Auditorium, Asian Art Museum, The Mission, the Castro, Duboce Triangle, and more. Equal Housing Opportunity. Temporary Waivers in place AMI +20%; Remove First Time Buyer Requirement; Household Size; Lower Financing and more! See docs.

388 Fulton Street Unit 404, San Francisco

Listing courtesy of Gina W Tse, from Real Estate Revolution
(If provided) CoList: from

$6,750,000

425032155 MLS

Rare opportunity to acquire the fee simple interest in 1600-1610 Post Street, a mixed-use office and retail building prominently located at the northwest corner of Post Street and Laguna Street in the heart of San Francisco's vibrant and sought after Japantown District. Constructed in 1984, this well-maintained asset offers approximately 23,263 square feet of space, comprising 22 office suites and 2 ground-floor retail suites. All tenants are responsible for paying CAM (Common Area Maintenance) reimbursements, providing steady income and operational efficiency for ownership. The building is consists of 3 floors and includes a 4,068 square foot, fully finished, lower level. Positioned within a 50-X height zoning designation, the property also offers a potential future development opportunity, subject to planning approvals.

1600 Post Street, San Francisco

Listing courtesy of Davis Nguyen, from Compass Commercial
(If provided) CoList: from

$1,795,000

1 Beds ⋅ 1 Baths ⋅ 425027670 MLS

This mixed-use building comprises two units totaling approximately 2,450 square feet. The upper unit is a beautifully remodeled 800 square foot one-bedroom, one-bath residential flat, thoughtfully designed with modern finishes and abundant natural lightideal as a primary residence, pied--terre, or executive retreat. The ground floor features a 1,650 square foot retail or office space with soaring 16-foot ceilings, offering excellent visibility and flexibility for a variety of uses. Whether you are an entrepreneur seeking a seamless live/work setup or a professional wanting to eliminate your commute, this layout provides the rare opportunity to live upstairs and operate below in one cohesive property. Building shall be delivered vacant upon close of escrow, allowing a buyer to immediately occupy, customize, or reposition both units. 67-71 Haight Street presents a compelling opportunity for an owner-user to establish both home and business in one dynamic location. Alternatively, the property serves as a strong investment play, with the ability to generate rental income from both units and long-term development potential under an 85-X height limit. This is an exceptional opportunity to acquire a fully upgraded asset with meaningful flexibilityperfect for those seeking lifestyle, income, and future upside in one of San Francisco's most vibrant corridors.

67-71 Haight Street, San Francisco

Listing courtesy of Davis Nguyen, from Compass Commercial
(If provided) CoList: from

$1,795,000

425023963 MLS

This mixed-use building comprises two units totaling approximately 2,450 square feet. The upper unit is a beautifully remodeled 800 square foot one-bedroom, one-bath residential flat, thoughtfully designed with modern finishes and abundant natural lightideal as a primary residence, pied--terre, or executive retreat. The ground floor features a 1,650 square foot retail or office space with soaring 16-foot ceilings, offering excellent visibility and flexibility for a variety of uses. Whether you are an entrepreneur seeking a seamless live/work setup or a professional wanting to eliminate your commute, this layout provides the rare opportunity to live upstairs and operate below in one cohesive property. Building shall be delivered vacant upon close of escrow, allowing a buyer to immediately occupy, customize, or reposition both units. 67-71 Haight Street presents a compelling opportunity for an owner-user to establish both home and business in one dynamic location. Alternatively, the property serves as a strong investment play, with the ability to generate rental income from both units and long-term development potential under an 85-X height limit. This is an exceptional opportunity to acquire a fully upgraded asset with meaningful flexibilityperfect for those seeking lifestyle, income, and future upside in one of San Francisco's most vibrant corridors.

67 Haight Street, San Francisco

Listing courtesy of Davis Nguyen, from Compass Commercial
(If provided) CoList: from

San Francisco Central North Homes for Sale

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Jim Matzen

Hauslley Silva