669 Ellis St, San Francisco, CA, 94109
About This Home
Exceptional investment opportunity to acquire a professionally managed 14-unit studio apartment building in the heart of San Francisco. Situated near Union Square and the Mid-Market Corridor, the property benefits from its proximity to two of the city's premier destinations for tourism, entertainment, dining, and the thriving technology sector. The building features spacious studio apartments with soaring ceilings and classic bay windows that provide abundant natural light and enhance the character of each residence. Each unit has electric radiant heating and is individually metered for gas and electricity. The property has undergone capital improvements in recent years, resulting in updated living spaces that appeal to today's renters. Currently, three units are vacant, creating an immediate value add opportunity. Two vacant units are undergoing renovation, offering the next owner the ability to lease renovated units at market rents while continuing to upgrade the remaining vacancy. With a desirable central location, attractive architectural features, recent improvements, and meaningful rental upside, 669 Ellis Street presents an outstanding opportunity for investors seeking both immediate income potential and long-term appreciation in one of San Francisco's most dynamic rental markets.
Getting Around
Walker's Paradise
Rider's Paradise
Biker's ParadiseSchools
Construction
Condition
- Year built: 1909
Materials
- Roof: Asphalt
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Architectural style: Edwardian
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Varies By Unit
Features
- Window features: Bay Window(s)
- Flooring: Vinyl
Heating
- Heating features: Radiant
Interior Area
- Total structure area: 7,654
- Total interior livable area: 7,654 sqft
Property
Details
- Parcel number: 0335019
- Special condition: Real Estate Owned
Lot
- Lot size: 2,363 sqft
- Features: Shape Regular,Zero Lot Line
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in San Francisco County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,096 | $109,152 |
| Home Insurance * | $829 | $9,948 |
| Property Taxes | $1,079 | $12,948 |
| Electricity | $1,641 | $19,695 |
| Total | $12,645 | $151,740 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2023-08-18 | Listing removed | -- |
| 2022-04-11 | Sold | $2,725,000 |
| 2022-03-11 | Pending sale | $2,750,000 |
| 2022-02-28 | Price change | $2,950,000 |
| 2021-09-11 | Price change | $3,195,000 |
| 2021-05-18 | Listed for sale | $3,200,000 |
| 2021-02-12 | Listing removed | -- |
| 2020-07-06 | Listed for sale | $3,200,000 |
| 2014-05-28 | Sold | $2,257,000 |
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