San Francisco’s 2-4 Unit Market: Strong Momentum, Transaction Volume Up

San Francisco’s 2–4 unit building market entered 2025 with encouraging momentum. While the first quarter is often quieter, sales activity was higher than the same time last year — a strong start to what’s expected to be an active spring season. Most sales over the past year have landed in the $2 million to $2.5 million range, highlighting continued buyer interest in this segment.

Hybrid investment properties — where owners live in one unit and rent out the others — remain especially popular. These buildings offer the flexibility of homeownership with added rental income, making them a smart and sought-after option for buyers looking to build long-term wealth.

Hybrid investment properties — where owners live in one unit and rent out the others — remain especially popular. These buildings offer the flexibility of homeownership with added rental income, making them a smart and sought-after option for buyers looking to build long-term wealth.

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