1124 Balboa, San Francisco, CA 94118, San Francisco, 94118 - 3 bed, 1 bath
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San Francisco, CA 94118
This Value-Add Edwardian Residence is listed at $3,200,000, reflecting a strategic premium for its Inner Richmond location against a $3,068,407 Fair Market Value. While the property holds a Condition Score of 4, the expansive 2,410 square feet and proximity to Top-Rated Schools like Lowell High (10/10) and Roosevelt Middle (9/10) provide a strong foundation for growth. The current 1-bathroom layout presents a clear opportunity for forced appreciation through modernization. This asset is ideally suited for Developers or Visionary Homeowners looking to customize a high-sqft home in a premier district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1124 Balboa Subject | $3,200,000* List Price | 3 | 1 | 2,410 | $1,237 | - |
A 317 2nd Avenue Sold | $2,650,000 | 3 | 2 | 2,137 | $1,240 | 0.7 mi |
B 711 3rd Avenue Sold | $2,325,000 | 3 | 2 | 1,695 | $1,372 | 0.6 mi |
C 54 Rossi Avenue Active | $2,395,000 List Price | 3 | 2 | 2,262 | $1,059 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1913, this residence is described as having 'timeless character' but lacks modern updates. The property analysis specifically highlights a lack of modern amenities and an inadequate bathroom ratio (only one bathroom for a 2,410 sqft home), suggesting the interior finishes, kitchen, and systems are aged and likely haven't seen a major renovation in over 15-30 years. While functional and well-located, it requires significant modernization to meet current luxury standards.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in one of San Francisco’s most desirable districts, the property offers unparalleled walkability to Golden Gate Park, the Presidio, and the popular dining and boutique shopping along Balboa Street.
With 2,410 square feet of living space, this 1913 residence provides a generous and versatile floor plan that is significantly larger than many standard three-bedroom homes in the area.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3063, living area = 2410.
The home features three bedrooms but only one bathroom, a configuration that is often insufficient for modern family living and may require a significant renovation to add a second bath.
At a $3.2 million list price, the lack of modern amenities and the single-bathroom layout represent a high cost-per-utility, potentially necessitating further capital investment for upgrades.
Exceptional opportunity in the heart of San Francisco’s vibrant Inner Richmond District. Located at 1124 Balboa Street, this spacious residence offers the perfect blend of classic San Francisco charm and functional living. The home features generous living spaces, abundant natural light, and a versatile floor plan ideal for both comfortable everyday living and entertaining. Ideally situated just steps from the neighborhood’s renowned dining, cafes, and boutique shopping along Balboa Street, this property offers unbeatable convenience. Enjoy close proximity to Golden Gate Park, the Presidio, Baker Beach, and numerous outdoor recreation options. Commuters will appreciate easy access to public transportation and major routes throughout San Francisco. This is a rare opportunity to own a home in one of the city’s most sought-after neighborhoods, combining timeless character, urban convenience, and an exceptional location.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 1.0 | 3.0 | 11% |
| Square foot | 2,410 | 2,485 | 42% |
| Lot Size | 3,063 | 3,001.28 | 58% |
| Price | $3.20M | $3.40M | 47% |
| Price per sq ft | $1.3K | $1.3K | 47% |
| Built year | 1913 | 1913 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 95 | 165 | 5% |
Mar 3, 2026
$3,200,000
Initial Listing
Aug 31, 2007
$1,700,000
Public Record
May 19, 2006
$975,000
Public Record