Property Description

Welcome to a rare opportunity to live in the heart of Telegraph Hill—one of San Francisco’s most coveted and charming neighborhoods—while enjoying the benefits of significant rental income. 153–159 Varennes Street is a beautifully maintained fourplex, ideal for investors and owner-occupants seeking the perfect blend of city living, architectural character, and promising investment returns. With three units currently rented and generating $10,450/month, the property offers the ability to substantially offset a mortgage while living in a great condo style unit in a top-tier location. Built in 1906 and thoughtfully updated over time, the building spans approximately 4,298 square feet and features a flexible and highly desirable unit mix: Live Upstairs in Style: Two expansive, two-level 2-bedroom, 2-bathroom upper units (One occupied & One move in ready) offer: • High ceilings, skylights, and natural light-filled living spaces • Fireplaces, upgraded kitchens, and private sun decks • Sweeping views from the Financial District to the Golden Gate Bridge • Central heat, ample closets, and in-unit laundry potential • Perfect for high paying tenants and owner-occupants looking for comfort, space, and style • Two dedicated parking spaces for each unit Lower Unit Apartment Rentals: Two occupied and inviting 1-bedroom, 1-bathroom flats offer: • Period charm • Practical layouts • One dedicated parking space for each unit • Excellent rental appeal in this high-demand location With the building priced at $723 per square foot and $775,000 per unit, this property is a smart and flexible choice for any buyer seeking an entry level homeownership price in a prime city location, with the added financial upside of a multi-unit investment. Whether you’re stepping into your dream San Francisco home or planning for long-term equity growth, 153–159 Varennes Street offers an unmatched opportunity to own, live, and earn in one of the city’s most desirable enclaves.

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