1115 Palou Avenue, San Francisco, CA 94124, San Francisco, 94124 - 5 bed, 2 bath
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1115 Palou Avenue
San Francisco, CA 94124
ACTIVE
CONDITION: FAIR
5Beds
2Baths
1,569Sq Ft
2,500Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,264,509
9% BelowMARKET VALUE
SUMMARY
This Versatile Multi-Unit Property represents a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,264,510 Fair Market Value by 9%. This valuation gap offers $114,510 in Instant Equity for the buyer. Featuring a 5-bedroom, 2-bath layout with a Condition Rating of 4, the home requires cosmetic updates but offers significant flexibility for rental income or multi-generational living. With distant mountain views and proximity to the T-Third Muni, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Estimated Market Value
$1,264,509+$114,509 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Francisco.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1115 Palou Avenue Subject | $1,150,000* List Price | 5 | 2 | 1,569 | $806 | - |
A 1515 Underwood Avenue Sold | $948,888 | 3 | 2 | 1,500 | $633 | 0.5 mi |
B 1571 Van Dyke Avenue Sold | $928,000 | 3 | 1 | 1,067 | $870 | 0.5 mi |
C 86 Apollo Sold | $925,000 | 3 | 1 | 1,215 | $761 | 0.9 mi |
D 1506 Quesada Avenue Pending | $998,000 List Price | 4 | 2 | 1,569 | $636 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1929, this property is significantly dated with a kitchen and interior finishes that appear to be over 30 years old. While the listing describes it as well-maintained and functional for its current use, the unfinished exterior siding and aged systems indicate a need for minor repairs and comprehensive cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Versatile Living Configuration
The property is currently utilized as two separate living areas, offering exceptional flexibility for multi-generational families or investors seeking rental income potential.
- Strategic Commuter Location
Situated near the Third Street corridor and T-Third Muni service, the home provides convenient access to Mission Bay, Downtown San Francisco, and major commuter routes.
CONSRISKS & DEFICIENCIES
- Local School Ratings
The immediate neighborhood schools, such as Carver Elementary and King Jr. Middle School, have low performance ratings, which may be a drawback for education-focused buyers.
- Permit and Usage Uncertainty
The current two-unit configuration requires buyer verification for legal permitted use, posing a potential risk regarding official zoning compliance and financing.
About 1115 Palou Avenue
Welcome to 1115 Palou Ave in San Francisco's Bayview neighborhood! This well-maintained property is currently configured and being used as two separate living areas, offering flexibility for extended family, rental possibilities, or potential use as a single-family residence (buyer to verify permitted use and possibilities). Conveniently located near the Third Street corridor, neighborhood shopping, dining, parks, and public transportation, including nearby T-Third Muni service. Easy access to Mission Bay, Downtown San Francisco, Chase Center, Oracle Park, and major commuter routes. A great opportunity to own a versatile property in a convenient San Francisco location!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 2,500 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Carver (George Washington) Elementary School
Grades K-5 • 0.3 mi
2/10
Malcolm X Academy
Grades K-5 • 0.4 mi
4/10
Drew (Charles) College Preparatory Academy
Grades K-5 • 0.7 mi
1/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,569 | 1,711.807 |
| Lot Size | 2,500 | 2,637.135 |
| Price | $1.15M | $1.93M |
| Price per sq ft | $733 | $1.2K |
| Built year | 1929 | 1932 |
| HOA | $0 | $85 |
| Days on market | 43 | 48 |
Pricing History
Listed for Sale
Jul 28, 2026
$1,150,000
Initial Listing