$8,301

closing credit¹

1401 Silver Ave San Francisco, CA 94134

$699,000
1,500 sqft
0.04 acres
$466 / sqft
Multi-Family

Property details

About 1401 Silver Ave

Charming Duplex with Endless Possibilities. Discover this versatile mixed-use property offering exceptional potential for both homeowners and investors. The front unit, currently vacant, was previously a storefront rented for $2,100 per month, making the current cap rate close to 7%. Meanwhile it comes with a ready-to-pull permit to convert into a spacious 2 bed, 1 bath unit, complete with architect-drafted floor plans permit ready to pull. This makes it an excellent opportunity to repurpose as residential or maintain as a commercial storefront. The back unit is a well-maintained 2 bed, 1 office, 1 bath unit, currently tenant-occupied and generating stable rental income of $2,515 per month. With market-rate rents for each unit averaging around $3,300, this property offers significant upside potential for increased cash flow through forced appreciation producing close to 10% cap rate. Whether you are an investor seeking steady income or a buyer looking to maximize value, the possibilities are endless. Perfectly situated in a prime location, close to shopping, popular restaurants, and major commute routes, highly desirable for tenants and homeowners alike. Don't miss this chance to own a versatile, income-producing property in a convenient and sought-after area.

Highlights

Home typeDuplex
StatusActive
Size1,500 sqft
Lot size0.043 Acres
Year built1925
MLS #ML81990209
Garage1 space
ViewCity Lights

Summary

  • MLS Number: ML81990209
  • MLS Name: CRMLS
  • Office Name: KW Advisors
  • Office Phone: (650) 627-3700
  • Listing Agent: Wen Guo RE Group

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$699,000

1401 Silver Ave

$8,301

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 07, 1995
Home Sold
$150,000

Tax history

YearAssessmentProperty Tax
2024$246,983$3,789
2023$242,141$3,677
2022$237,394$3,585
2021$232,740$3,517
2020$230,354$3,487
2019$225,838$3,370
2018$221,411$3,370
2017$217,070$2,953

History based on county public records data.

Nearby schools

5

E. R. Taylor Elementary School

Public District PK-5

0.3 mi

423 Burrows St

4

Hillcrest Elementary School

Public District KG-5

0.6 mi

810 Silver Ave

5

Junipero Serra Elementary School

Public District KG-5

0.8 mi

625 Holly Park Cir

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $64,835. Residents of San Francisco, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

31%
<35k
40%
35k-100k
22%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks

What do the neighbors drive?

  • MercedesMercedes
  • VolvoVolvo
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1401 Silver Ave in San Francisco, CA and zip code 94134 in the Southeast neighborhood. This 1,500 square foot home, which was built in 1925, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 31, 2025 and is currently priced at $699,000.

San Francisco, CA housing market in January 2025 saw over 87 listings sold above listed price, more than 24 sold at listed price and over 113 sold below. The number of listings in San Francisco, CA increased by 3.3% between December and January 2025. The median list price of listings available in January 2025 was $1,415,577, while the average time on the real estate market was 67 days.

From Rocket Homes Real Estate and based on county public records data.

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