$1,900,000
SOLD JUL 16, 2025
8 Beds
-- Bath
4,950 Sq Ft
2,550 Sq Ft Lot

Recently Sold

$384 Per Sq Ft

4% Below List Price

10 Days on Market

About This Home

As of July 2025

1650 Baker Street is a six-unit mixed-use building in Lower Pacific Heights. Situated at the corner of Pine Street, this boutique asset has much to offer. Four of the apartments are bright and spacious layouts with high-ceilings, hardwood floors, and loads of charm. The fifth apartment is a ground level two-bedroom unit with a private entrance from the street. The apartments and common areas have been nicely maintained and updated, providing a welcoming home for tenants. There is a one-car garage accessed on Baker Street. The units are separately metered for gas and electricity. The electrical panels have been recently updated to meet current insurance requirements. The laundromat signed a 5 year lease that has an initial term that expires in December, 2028. Tenant has a 5 year extension option. There is approximately 70% upside in the current rents, providing investors with the ability to purchase a corner asset at an entry level price point.

Last Agent to Sell the Property

Adam Filly

Compass Commercial License #01354775 Listed on: 06/03/2025

Compass Commercial

Co-Listed By

Laura Taylor

Vanguard Properties License #00887826

Last Buyer's Agent

Kenny Gong

Willowmar Real Estate License #01977665

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,550 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • 4,950 Sq Ft Home

Community Details

  • 6 Units
  • 6 Leased Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1048-028

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Year Built Details: Unknown
  • Number Commercial Units: 1
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 17
  • Price Per Square Foot: 383.84
  • Square Footage: 4950.00

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Fee Information

  • Utilities Expenses: 8976

Lot Info

  • Assessor Parcel Number: 1048-028
  • Lot Features: None
  • Lot Size Acres: 0.0585
  • Lot Size Sq Ft: 2550.00
  • Lot Size Units: SqFt
  • Price Per Acre: 32478632.48

Rental Info

  • Tenant Pays: Electricity, Gas
  • Units Furnished: None

Building Info

  • Number of Units Total: 6

Multi Family

  • Gross Rent Multiplier: 12.55
  • Gross Income Multiplier: 13.000
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 3
  • Number of 2 Bedroom Units: 3
  • Number Of Units Leased: 6

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Sold $1,900,000 -3.8% $384 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $1,975,000 -- $399 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 425046252

San Francisco Association of REALTORS® MLS