$2,311,000
SOLD MAY 27, 2025
6 Beds
-- Bath
6,330 Sq Ft
5,588 Sq Ft Lot

Recently Sold

$365 Per Sq Ft

3% Below List Price

118 Days on Market

About This Home

As of May 2025

2255-2259 San Jose Avenue is a standout mixed-use property offering a rare combination of stability, growth potential, and future development opportunities. Situated on a large 5,588 sq. ft. lot (35' x 168'), this 9-unit building features 8 fully occupied residential units and 1 commercial unit, making it a solid investment for cash-flow-oriented buyers. The commercial space is leased to Crazy Pepper, a well-established restaurant that just signed a brand-new 5-year lease with additional options to extend. This long-term commitment, combined with built-in annual rent increases, ensures stable cash flow and consistent revenue growth. Meanwhile, the fully occupied residential units tap into San Francisco's high rental demand, making this property a true income-generating asset with strong upside potential. Prime Commuter-Friendly Location: Conveniently located just steps from Balboa Park BART Station, connecting residents to downtown San Francisco, Oakland, and the greater Bay Area. Multiple Muni lines within walking distance, making travel across the city quick and hassle-free. Easy access to Interstate 280 and Highway 101, allowing seamless commutes to Silicon Valley, the Peninsula, and beyond.

Last Agent to Sell the Property

Allison Chapleau

Compass License #01369080 Listed on: 01/29/2025

Compass

Last Buyer's Agent

James Adams

EMJ Capital Realty Corp. License #02110039

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 5,588 Sq Ft Lot

Home Design

  • 6,330 Sq Ft Home

Community Details

  • 9 Units
  • 9 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 6964-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Year Built: 1906
  • Number Commercial Units: 1
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 19
  • Price Per Square Foot: 365.09
  • Square Footage: 6330.00

Fee Information

  • Utilities Expenses: 15137

Lot Info

  • Assessor Parcel Number: 6964-007
  • Lot Features: None
  • Lot Size Acres: 0.1283
  • Lot Size Sq Ft: 5588.00
  • Lot Size Units: SqFt
  • Price Per Acre: 18012470.77

Building Info

  • Number of Units Total: 9

Rental Info

  • Units Furnished: None

Multi Family

  • Gross Rent Multiplier: 10.92
  • Number Of1 Bedrooms Occupied: 6
  • Number of 1 Bedroom Units: 6
  • Number of Studio Units: 2
  • Number Of Units Leased: 9
  • Number Studios Occupied: 2

Range of Values:

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Average Value
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List Price
Sold Price
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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
05/27/2025 05/27/25 Sold $2,311,000 0.0% $365 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
04/30/2025 04/30/25 Off Market $2,311,000 -- --
03/21/2025 03/21/25 Pending -- -- --
01/29/2025 01/29/25 For Sale $2,380,000 -- $376 / 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: 425007191

San Francisco Association of REALTORS® MLS