We are pleased to present 1427–1431 Grant Avenue, a rare opportunity to acquire a fully renovated four-unit mixed-use property in the heart of San Francisco's iconic North Beach neighborhood. Offered at $3,800,000, this exceptional asset combines historic charm with modern luxury and is delivered completely vacant, providing unmatched flexibility for investors, owner-users, and multi-generational living.
Originally built in 1907, the property has undergone a comprehensive down-to-the-studs renovation with over $1.2 million invested in capital improvements. The renovation includes a new 400-amp electrical system, all-new copper plumbing, a new roof, dual-pane windows, a rooftop deck, upgraded mechanical systems, and thoughtfully designed interiors finished to condo-quality standards throughout.
The property features an attractive unit mix consisting of two full-floor two-bedroom/two-bathroom residences, one junior one-bedroom unit, and a ground-floor retail space with frontage on Grant Avenue and additional access from Bannam Alley. Each residential unit offers high ceilings, wide-plank oak flooring, custom cabinetry, quartz countertops, in-unit laundry, central heating, tankless water heaters, and access to a spectacular rooftop deck showcasing panoramic views of Coit Tower, the Transamerica Pyramid, Telegraph Hill, and Saints Peter and Paul Church.
Investment Highlights:
• Fully vacant four-unit mixed-use property
• Over $1.2 million invested in a complete renovation
• Condo-quality finishes throughout
• New rooftop deck with iconic San Francisco skyline views
• Large garage with tandem parking for up to three vehicles
• Prime North Beach location surrounded by renowned restaurants, cafés, and neighborhood amenities
• Scheduled NOI of $202,462
• Attractive 5.33% cap rate
• Significant long-term appreciation and rental growth potential
Located steps from Washington Square Park, Sotto Mare, Golden Boy Pizza, Molinari Delicatessen, and the vibrant shops and cafés along Grant and Columbus Avenues, this offering represents one of the finest turnkey mixed-use investment opportunities currently available in San Francisco.
For additional information or to schedule a private tour, please contact us directly.