2029-2031 Beach Street, San Francisco, CA 94123

Property Description

Rarely does a property like this become available. Set in the heart of the Marina, 2029-2031 Beach Street is a classic Edwardian duplex offering the ultimate San Francisco lifestyle with immediate strong income and serious long-term upside built right in. A hop, skip, and jump from the Palace of Fine Arts, Marina Green, and the Golden Gate this location is unbeatable. A flat few blocks to Chestnut Street puts SF's best restaurants, coffee shops, and boutiques right at your doorstep. This is the kind of address people spend years waiting for. The building itself has been thoughtfully maintained and significantly upgraded during the current owner's tenure. Both units are beautifully proportioned two-bed, one-bath flats with timeless Edwardian character, open functional layouts, private attached decks, garage parking, dedicated laundry, and ample storage. Detached on three sides, the building is flooded with natural light a rarity in the city. And stepping outside, you'll find the crown jewel: an expansive, park-like backyard, complete with a brick patio, fountain, turf, and lush landscaping a genuine luxury in San Francisco. The improvements speak for themselves. 2029 Beach received a full kitchen and bathroom renovation, new windows, refinished original hardwood floors, a new furnace, and updated lighting throughout. 2031 Beach also includes nice upgrades throughout. The building also features new water heaters for both units, EV charging, and exterior paint all on top of a foundation retrofit following the 1989 Loma Prieta earthquake. Both units are currently tenant-occupied with very strong rents generating $160,740 in gross annual revenue providing immediate income from day one. For those looking to scale their equity further: consider an owner-occupied move-in, future condo conversion, or look to the oversized garage a prime candidate for an ADU or third unit (buyer to verify all options). This is Marina living at its finest, with the income and flexibility to make it work on your terms. Ready to hold a cornerstone Marina asset? Get in now. (Individual units are also offered for sale as new TICs)