
696 Valencia St San Francisco, CA 94110
Mission Dolores NeighborhoodEstimated payment $27,485/month
Highlights
- Wood Flooring
- Baseboard Heating
- 3-minute walk to Mission Playground
About This Home
696 Valencia Street is a well-maintained mixed-use property located in the heart of San Francisco's highly coveted Mission Dolores neighborhood. Built in 1923, the building features seven residential units (a mix of 1- and 2-bedroom floorplans) and one ground-floor commercial space, totaling approximately 6,630 square feet. Residential units boast period charm, hardwood floors, bay windows, generous natural light, and in-unit laundry. The commercial suite enjoys excellent street visibility on the bustling Valencia corridor. Situated on a 3,000-square-foot lot within NCT zoning, the property benefits from exceptional walkability to Dolores Park, BART, and some of the city's most popular restaurants, bars, and cafes. With current rents approximately 17% below market, the asset offers strong in-place income and meaningful upside potential. Proforma financials project a 6.71% cap rate and an 5.99% cash-on-cash return. 696 Valencia presents a rare opportunity to acquire a stabilized, income-generating asset with long-term growth potential in one of San Francisco's most dynamic and desirable neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $60,445
Year Built
- Built in 1923
Lot Details
- 3,000 Sq Ft Lot
Home Design
- Mixed Use
Interior Spaces
- 6,630 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Free-Standing Gas Oven
- Free-Standing Electric Range
- Dishwasher
Utilities
- Baseboard Heating
- Radiant Heating System
Listing and Financial Details
- Assessor Parcel Number 3577-010
Community Details
Overview
- 8 Units
Building Details
- 7 Leased Units
- 1 Vacant Unit
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $60,445 | $5,149,447 | $3,089,203 | $2,059,468 |
2024 | $60,445 | $5,048,688 | $3,028,631 | $2,019,087 |
2023 | $59,422 | $4,948,745 | $2,969,247 | $1,979,498 |
2022 | $58,297 | $4,851,754 | $2,911,027 | $1,940,685 |
2021 | $57,286 | $4,756,642 | $2,853,949 | $1,902,693 |
2020 | $57,839 | $4,707,970 | $2,824,686 | $1,883,284 |
2019 | $55,866 | $4,615,660 | $2,769,300 | $1,846,360 |
2018 | $27,295 | $2,223,699 | $1,361,352 | $862,347 |
2017 | $37,138 | $2,180,101 | $1,334,659 | $845,442 |
2016 | $41,536 | $2,137,358 | $1,308,490 | $828,868 |
2015 | $33,200 | $2,105,257 | $1,288,836 | $816,421 |
2014 | $25,921 | $2,064,022 | $1,263,590 | $800,432 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/23/2025 06/23/25 | For Sale | $4,100,000 | -9.4% | $618 / Sq Ft |
11/30/2017 11/30/17 | Sold | $4,525,000 | 0.0% | $683 / Sq Ft |
11/27/2017 11/27/17 | Pending | -- | -- | -- |
09/01/2017 09/01/17 | For Sale | $4,525,000 | -- | $683 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $4,525,000 | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | Fidelity National Title Co | |
Trustee Deed | $781,118 | None Available | |
Grant Deed | -- | Stewart Title Of California | |
Grant Deed | $884,000 | American Title Insurance Co |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $120,000,000 | Unknown | |
Closed | $120,000,000 | Purchase Money Mortgage | |
Previous Owner | $100,000 | Commercial | |
Previous Owner | $1,680,000 | Commercial | |
Previous Owner | $1,690,000 | Commercial | |
Previous Owner | $1,442,000 | Commercial | |
Previous Owner | $10,000 | Commercial | |
Previous Owner | $3,692,212 | Commercial | |
Previous Owner | $1,275,000 | Commercial | |
Previous Owner | $300,000 | Commercial | |
Previous Owner | $487,500 | Commercial |
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Source: San Francisco Association of REALTORS® MLS
MLS Number: 425051956

APN: 3577-010
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