Price Adjustment! Delivered vacant, 2 large residential flats above a ground floor commercial/office space - eligible for fast-track condo conversion! Calling all investors and SF diehards: Rare opportunity to own iconic property in prime Valencia St location. Two full-floor updated 3BD, 1BA residential flats + ground-floor commercial space + back patio & full basement. Beautifully maintained Edwardian building owned and operated for decades by prominent architect, featuring intact period details and tasteful renovations. Immediate access to shopping, freeways, public transportation, parks, and more. Leased parking available within blocks. Both spacious residential flats have easy layouts offering great flexibility, with cool and convenient features like wet bars, formal parlors, fireplaces, outdoor landings, and east- and west-facing views of the surrounding City & Twin Peaks. A must-see with tons of potential-easy to show by appointment.