Step into your Russian Hill dream home where breathtaking San Francisco Bay vistas meet unparalleled serenity nestled beside historic Ina Coolbrith Park. The vacant Unit 950 is its own separate house. It features a complete remodel including a contemporary brand-new kitchen, new tile, a new bathroom, refinished hardwood floors, all new paint, new carpet, a large exclusive-use deck off the living room perfect for indoor/outdoor living, plus a Million Dollar View of the City's skyline, the Bay, the Bay Bridge, and other iconic landmarks! This home is perfect for an owner-occupier, as a primary or vacation home or as a pride of ownership investment. The entire property has 3 additional separate units. The unique Russian Hill location is moments from a charming cable car line, and is minutes from world-class restaurants and boutique shopping in nearby North Beach, Nob Hill and the Financial District. The sky is the limit for rent in the vacant separate house, Unit 950! The rent in the additional occupied units on this lot are desirable too. Large capital improvements completed in 2025 include brand new roofs on both buildings, new electric panels for the entire property and expansive new decks! The new tax law may well provide you with substantial additional tax incentives, talk to your CPA! As a result of the many just completed repairs and extensive upgrades, the maintenance costs going forward are very likely to be substantially less than they have been. The CAP rate can be further increased with some additional savvy savings brought about by a knowledgeable investor buyer. An owner user living in the just remodeled now vacant Unit 950 separate house could always self-manage and maintain. Records, tools and supplies could be stored in the extensive spaces under the Unit 950 house which at times in the past had been used by prior owners as a storage area, workshop, and laundry. Those underneath areas have a separate exterior door and are not part of the house’s square footage according to the 2024 appraisal. Those areas also have electricity, hot and cold water, a drain and windows to the common area deck and even a bit of a City Skyline view. The owner has been told the drain should have a vent which it does not have. This is the perfect view property for a handy DIY owner user who would like to have the tenants’ rents help to pay the owner’s mortgage. 950-954 Vallejo St Details: There are 4 units, total square footage 4,032 SF according to a November 2024 appraisal, it has 9 bedrooms and 4 bathrooms in two separate buildings, the separate house at the back of the lot, and a 3 unit building on the street: 950: 2-Bed 1-Bath @ 925 SF, vacant house in the back of lot, exclusive use view deck, lots of extra space below unit 950 too – Now Vacant. 952A: 1-Bed 1-bath @ 396 SF, Lowest level of main building (no closet in bedroom) nonconforming and unwarranted. Actual rent $1200. 952: 3-Bed 1-Bath @ 1,352 SF, Middle flat in main building. Actual Rent $4295. 954: 3-Bed 1-Bath @ 1,359 SF, Top superior view flat in main building, has an exclusive use deck - Actual Rent $3784. All square footages are from the 2024 appraisal, they are different from the assessor and a buyer should do their own measurements. A great deal of upgrading has been done recently: All new roofs on both buildings, new electric panels, complete remodel in Unit 950 separate house including a new kitchen and new bathroom, refinished hardwood floors, all new appliances, new carpet, plus partial new kitchen in Unit 952A. Actual hazard insurance has just been $2,377 annually; this does not include earthquake or umbrella insurance. The owner supplies water, sewer, and garbage service. The owner's water and sewer expenses have just been $5,976 annually, and garbage has just been $6,300 annually. The tenants all have their own electric meter and three units have their own gas meter. The fourth cooks on a new electric range. In addition to the unit 950 separate house having a large exclusive use deck, in the middle of the lot are two common area decks with amazing views. There is also an additional common area room with a landlord provided shared washer and dryer that is currently free to use. It may be possible to install coin operated units to increase the NOI too but that is a question for the buyer’s rental rules experts.