San Francisco Home Listed at $488K with 30-Year Occupancy Clause

The property in Russian Hill offers a unique investment opportunity but comes with tenant occupancy until 2053.

The three-bedroom, two-bathroom home is priced significantly below market value due to a long-term tenant lease.
Current tenant pays $416.67 monthly rent and may remain until 2053, limiting immediate occupancy.
The home’s value has dropped over 60% from $1.5 million last month to $488,000.
Despite the restrictions, the listing has attracted significant interest, with thousands of views and potential buyers.
Experts suggest the property is ideal for long-term investment, particularly for those looking to 'land bank.'