2 Units & Endless Opportunities in Noe Valley

$2,698,000
55-57 Valley Street, San Francisco
Presented by
Rob Costabile

Fully Vacant. Two Units. Endless Possibilities.

Step into San Francisco living at its finest with this fully vacant 2-unit building in coveted Noe Valley—perfectly perched at the crossroads of Bernal Heights and the Mission. Each spacious unit spans two stories with 3 bedrooms and 2.5 baths, blending style, comfort, and flexibility whether you’re seeking investment potential, multi-generational living, or a place to call your own with bonus income.

Inside, expansive living and dining rooms flow into open kitchens made for gathering. Sunlight pours through oversized picture windows and skylights, dancing across hardwood floors and illuminating every detail. Convenience comes standard with powder rooms and in-unit laundry on the main level, while upstairs bedrooms are paired with beautifully updated baths. In the back unit, a serene bedroom opens onto a private deck—your sanctuary for morning coffee or sunset unwinding.

A coveted 2-car garage provides rare city convenience, while the best of San Francisco living waits just beyond your door. Enjoy the vibrant heart of Noe Valley, with its boutique shopping, cozy cafés, acclaimed restaurants, and the beloved year-round Saturday Farmers’ Market. From there, it’s just a short stroll to Bernal Heights Park for sweeping views, a quick scoop at Mitchell’s Ice Cream next door, or a night out in the Mission’s buzzing dining and nightlife scene. Whole Foods, BART, tech shuttles, and quick access to 101/280 make life seamless.

Two vacant homes, one unbeatable location. Perfect for owner-users, investors, or TIC partners—this 2 unit building offers the flexibility and upside of potential fast-track condo conversion —this is San Francisco living, elevated.

TIC 3 BR / 2.5 BA / 1 Car Parking

$1,328,000 Eligible for fast-track condominium conversion under current San Francisco guidelines (buyer to verify).

TIC 3 BR / 2.5 BA / 1 Car Parking / ​Private Deck

$1,370,000 Eligible for fast-track condominium conversion under current San Francisco guidelines (buyer to verify).

Floor Plans

Floor plan

Floor plan

Floor plan

Neighborhood

With Karl the Fog blanketing most of San Francisco, Noe Valley is a sunny exception. This is mostly thanks to the neighborhood’s location below Twin Peaks and Glen Ridge; both of these hills help keep Karl at “bay,” which allows Noe Valley residents to enjoy more sunny days than normal. Real estate in Noe Valley ranges from spacious condos to quaint row houses with fully upgraded interiors. Compared to other San Francisco neighborhoods, prospective residents are often amazed at the large floor plans available here.

If you have been searching for a neighborhood that is both centrally-located and commuter-friendly, Noe Valley is a great place to call home. You can take a short walk to Church Street and catch the Muni J train, and be at Google headquarters in 45 minutes or less. Noe Valley is also near several bus lines and major highways, which makes it easy to travel down the street or all the way to Silicon Valley.

Mission Dolores Park sits right on the northern edge of Noe Valley and is a popular place for locals who love the outdoors. Amenities include two off-leash dog areas, a variety of different sports fields/courts, and a playground. Dolores Park is also home to many festivals and live performances, so you never know what may be in store for you when you venture outside!

Bernal Heights represents a distinctive San Francisco neighborhood characterized by its dramatic topography and vibrant community spirit. Positioned on a prominent hill, the area offers residents sweeping panoramic views of the San Francisco Bay, Golden Gate Bridge, and downtown skyline.

Cortland Avenue serves as the neighborhood's primary commercial corridor, providing a diverse range of dining, shopping, and essential services. Transportation options include multiple Muni bus lines, with convenient access to the J-Church streetcar and nearby BART stations, ensuring comprehensive connectivity to broader San Francisco.

The neighborhood's architectural landscape reflects San Francisco's residential evolution, featuring a mix of Victorian and Edwardian homes, alongside mid-century and contemporary designs. Bernal Heights Park crowns the neighborhood, offering extensive green space and unparalleled views.

Bernal Heights represents a unique residential environment that balances historical depth with contemporary urban living. From its friendly atmosphere to its rich cultural tapestry, the neighborhood captures the complexity of San Francisco's most dynamic communities. Direct access to transportation, extensive green spaces, and a strong sense of local identity define Bernal Heights as a distinctive urban destination.

The Inner Mission represents a dynamic San Francisco neighborhood with a rich cultural history. Originally a working-class area that became a center of Latino culture, the neighborhood has undergone significant transformations while maintaining its distinctive community character.

Mission Street serves as the primary commercial corridor, offering diverse dining, shopping, and services. Transportation options include BART and Muni Metro stations at 16th and 24th Street, with multiple bus lines providing comprehensive transit coverage.

The architectural landscape blends Victorian-era homes, mid-century developments, and contemporary structures. Historic buildings like Mission Dolores anchor the neighborhood's historical significance. Dolores Park provides a critical green space with spectacular city views, while community centers like the Mission Cultural Center for Latino Arts preserve the area's cultural heritage.

What distinguishes the Inner Mission is its remarkable cultural diversity and urban resilience. From its historical roots to its current status as a hub of artistic innovation, the neighborhood captures the complexity of San Francisco's most dynamic community. Direct access to transportation, rich cultural resources, and a commitment to community preservation define this unique urban environment.

Schedule

Upcoming Events

Tuesday

October 7

Broker Tours

12:00 PM - 2:00 PM

Thursday

October 9

Open House Tours

5:00 PM - 7:00 PM

Saturday

October 11

Open House Tours

2:00 PM - 4:00 PM

Sunday

October 12

Open House Tours

2:00 PM - 4:00 PM

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Rob Costabile

Vantage Realty

Top 1.5% of Agents in the U.S.

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#01422182
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415.806.5934

www.RobCostabile.com

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