601 Walnut Avenue

Why pay rent when you can own and have excellent tenants help you with mortgage payments? Build equity today and live in a fully-renovated 3 BR/2 BA unit for less than $3,000/Month, with proven rental income from 2 Easy-To-Manage Units. To Demonstrate: Put 20% Down, Finance 80% at 5.75% (Multi-Family Financing). Monthly Payment: $7,427.25. Collect $2,170 (1 BR) + $3,045 (2 BR) from 2 Units on Ground Floor = $5,215/Month While Living in a Fully-Renovated, Sun-Drenched 3 BR/2 BA House. Deduct $5,215 (Rent Collected) from Mortgage = $7,927.25. Net Monthly Payment (to Live in the Upstairs 3 BR/2 BA): $2,712.25/Month. All 3 Units (House & 2 Ground Floor Units) Completely Renovated by Licensed Contractors (but without benefit of permits) in 2018 and 2019. New Electrical, New Copper Plumbing, New Furnaces, New Kitchens, New Baths, New Tuff-Sheds in Backyard for Extra Storage. (1-Storage Per Unit). All 3 Units Consistently Rented for: $4,695+ (3 BR), $2,200+ (1 BR) and $3,200+ (2 BR) with Driveway Parking for each unit. Easy Access to Genentech and the Epicenter of Biotech/Life-Sciences Companies, as well as Kaiser, SF Airport, and other Silicon Valley Companies. 10-15 Minutes from Downtown San Francisco w/ Easy Access to 101 and 280. Don't Wait. This Deal Will Not Last.

Days on Market

0 days

Current Status

Active

Original Price

$1,698,000

List Price

$1,698,000

On Market Date

Mar 23, 2026

Property Type

Single Family Home

Area

532 - Old South SF / Rocca

Zip Code

94080

MLS ID

ML82039898

APN

012-153-150

Year Built

1924

Stories in Building

1

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

6

Bath

4

Full on Ground Floor

Parking

1

Workshop in Garage, Attached Garage, On Street, Off-Street Parking, Uncovered Parking

SQ FT

2,600

SQ FT Source

Unavailable

Lot SQ FT

5,030.0

Lot Acres

0.115473 Acres

Kitchen

Countertop - Tile, Dishwasher, Cooktop - Gas, Garbage Disposal, Refrigerator, Oven - Gas

Cooling

None

Dining Room

Breakfast Nook, Eat in Kitchen

Disclosures

Natural Hazard Disclosure

Family Room

No Family Room

Flooring

Tile, Vinyl / Linoleum, Wood

Foundation

Concrete Perimeter and Slab, Concrete Perimeter

Fire Place

Living Room, Wood Burning

Heating

Central Forced Air - Gas

Laundry

Electricity Hookup (220V), Washer / Dryer, Upper Floor, Inside

Views

Neighborhood

Possession

COE

Architectural Style

Traditional, Bungalow

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.