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3900 Balboa Street — San Francisco — 8 Beds • 8 Baths • 10,772 Sq Ft | Belmont Brokerage | Belmont Brokerage

Pending

+72 more

$4,500,000

145 DOM

$418/sqft8 bd8 ba10,772 sqft

Call

3900 Balboa St San Francisco, CA 94121

4,750sqft lot

Rare opportunity to acquire a landmark property in San Francisco's Outer Richmond district! Currently improved with approximately 10,772 sq ft of living space plus an additional 2,546 sq ft of unfinished basement, this unique corner-lot property offers tremendous flexibility for continued institutional, community, or residential use. Formerly used as a convent, the existing structure includes 8 bedrooms, 8 bathrooms, an elevator, large kitchen, multiple gathering rooms, and a chapel. Zoned RH-2, the site also presents an outstanding redevelopment opportunity for those seeking to reposition the property into multi-unit residential configurations (buyer to verify with City Planning). Located just blocks from Ocean Beach and Golden Gate Park, 3900 Balboa Street offers scale, character, and potential rarely available in this neighborhood.

MLS ML82025532

650-755-2969 (Office) 650-302-1712 (Cell) rob@garrisonprops.com

Est. payment

$28,755/mo

Principal & interestTaxesInsurance

$22,754$4,688$1,313

Down %

Rate %

Years

Down payment: $900,000 · Total cost: $9,091,602

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$28,755/mo

Principal & interest: $22,754
Est. property tax: $4,688
Est. insurance: $1,313
Down payment: $900,000

Est. gross rent$18,750/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-10,005/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Oct 22, 2025	$4,998,000	—

Facts & Features

Transaction Data

▼Price Reduced from $4,998,000 (−$498,000)

Close DateMay 15, 2026

Structure & Property

Year Built1948

Garage Spaces3

650-755-2969 (Office) 650-302-1712 (Cell) rob@garrisonprops.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

3900 Balboa Street, San Francisco, CA 94121

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Call

3900 Balboa St San Francisco, CA 94121

About this home

Robert Garrison

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Robert Garrison

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

3900 Balboa Street, San Francisco, CA 94121

About This Property

Property Photos

3900 Balboa St San Francisco, CA 94121

About this home

Robert Garrison

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Robert Garrison

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.