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Listed price in listed location currency (USD).
$2,050,000

641

MLS® 426104343

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 4134 sqft
Garage Yes
Taxes 
Days Active 71
Lot Size 
Approx. Age 1927
Avg. Price Per Sqft $495
MLS® Number 426104343

Property Address: 437 Vermont St, San Francisco, CA, 94107-2325

Average square foot calculated using Size range provided by listing agent.

Description

Situated in the desirable Potrero Hill neighborhood, 437-439 Vermont Street presents a rare dual-track'' investment opportunity. While currently operated as a high-performing 3-unit multifamily asset, the substantial apartment and property upgrades position it perfectly for a Tenancy-In-Common (TIC) conversion. This allows an incoming investor to capture traditional rental yield in the short term while maintaining a high-margin exit by selling the units individually. Additionally, one unit is currently vacant, offering an immediate owner-user opportunity while still benefiting from income generated by the remaining units. Constructed in 1927, the approximately 4, 134 square foot building sits on a 2, 495 square foot lot and features a diverse unit mix of one (1) one-bedroom/one-bathroom, one (1) two-bedroom/one-bathroom, and one (1) three-bedroom/two-bathroom residence. The offering is further enhanced by one (1) on-site parking space and one (1) storage unit, with the potential of converting the studio to a one-bedroom apartment by combining the storage area. The property showcases spacious floor plans filled with tremendous natural light, highlighted by hardwood flooring, classic architectural character, and modern charm. Kitchens are equipped with quartz countertops, flat-panel cabinetry, and top-of-the-line appliances, while bathrooms feature standing showers with quartz surrounds, cabinet vanity sinks, and modern fixtures. The building benefits from a concrete foundation, front stucco faade with wood rear, shared garden and in-unit and on-site laundry. With a current annual gross income of $128, 056 and notable in-place rents below market, the property offers a compelling 33% upside through continued rent growth and operational optimization. Its prime location provides residents with immediate access to one of the nation's best public transit systems, including proximity to BART, MUNI, and corporate tech shuttle lines, supporting long-term rental demand and investment stability.
MLS® Number426104343
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1927
Basement
DrivewayGarage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 16, 2026List Date
$2,050,000List Price
  • Commute

Commute

Starting Address
Destination Address
437 Vermont St, San Francisco, CA

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