1463 Thomas Ave, San Francisco, CA 94124, San Francisco, 94124 - 3 bed, bath

1463 Thomas Ave, San Francisco, CA 94124 home-pic-0
ACTIVE$725,000
1463 Thomas Ave, San Francisco, CA 94124
3Beds
0Bath
2,274Sqft
2,495Lot

Price Vs. Estimate

The estimated value ($695,435.185) is $29,564.815 (4%) lower than the list price ($725,000). This property may be overpriced.

Key pros and cons

Top Pros:
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).
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2495, living area = 2274.

Compared to the nearby listings

Price:$725.0K vs avg $915.0K ($-190,000)13%
Size:2,274 sqft vs avg 1,477 sqft91%
Price/sqft:$319 vs avg $63913%

More Insights

Built in 1900 (125 years old).
Condition: Built in 1900, this property shows significant age with no indication of major recent renovations. The listing explicitly states it's a 'value-add opportunity' to 'unlock this home’s true potential' and the property analysis highlights 'Age and Potential for Deferred Maintenance' and 'older systems and infrastructure.' While currently occupied, this strongly suggests that the kitchens, bathrooms, and other major systems are severely outdated and require substantial repairs and rehabilitation to meet modern standards for comfort and functionality. The exterior images are consistent with an un-renovated building from its era.
Year Built
1900
Close
-
List price
$725K
Original List price
-
Price/Sqft
$319
HOA
$0
Days on market
-
Sold On
-
MLS number
41111769
Home ConditionPoor
Features
Good View:
Deck
View-

About this home

Great investment property with fully occupied: This tri-level consists of the upper unit, 3 beds/1 bath with city views, the street level unit, 3 beds/1 bath, and the lower unit, 2 beds/1 bath with a large backyard. Step into instant equity and unlock this home’s true potential.

Nearby schools

2/10
Carver (George Washington) Elementary School
Public,K-50.3mi
1/10
Drew (Charles) College Preparatory Academy
Public,K-50.3mi
4/10
Malcolm X Academy
Public,K-50.6mi
3/10
Harte (Bret) Elementary School
Public,K-50.7mi
6/10
Taylor (Edward R.) Elementary School
Public,K-51.0mi
2/10
El Dorado Elementary School
Public,K-51.2mi
6/10
King (Starr) Elementary School
Public,K-51.8mi
4/10
Bryant Elementary School
Public,K-51.8mi
2/10
Flynn (Leonard R.) Elementary School
Public,K-51.8mi
2/10
Fairmount Elementary School
Public,K-52.2mi
1/10
Mission Education Center
Public,K-52.5mi
9/10
Chinese Immersion School At Deavila
Public,K-54.1mi
/10
Chinese Education Center
Public,K-54.6mi
6/10
San Francisco Public Montessori School
Public,K-55.0mi
3/10
King Jr. (Martin Luther) Academic Middle School
Public,6-80.9mi
2/10
Revere (Paul) Elementary School
Public,K-81.4mi
3/10
Visitacion Valley Middle School
Public,6-81.6mi
3/10
Bayshore Elementary School
Public,K-82.1mi
3/10
Garnet J. Robertson Intermediate School
Public,5-82.4mi
3/10
San Francisco Community Alternative School
Public,K-82.4mi
4/10
Buena Vista/ Horace Mann K-8
Public,K-82.4mi
3/10
Lick (James) Middle School
Public,6-82.7mi
4/10
Everett Middle School
Public,6-83.2mi
3/10
Carmichael (Bessie)/Fec
Public,K-83.4mi
6/10
Rooftop Elementary School
Public,K-83.5mi
6/10
Aptos Middle School
Public,6-84.2mi
8/10
Yu (Alice Fong) Elementary School
Public,K-84.9mi
9/10
Lawton Alternative Elementary School
Public,K-85.9mi
9/10
Lilienthal (Claire) Elementary School
Public,K-85.9mi
2/10
Marshall (Thurgood) High School
Public,9-120.9mi
5/10
Burton (Phillip And Sala) Academic High School
Public,9-121.0mi
2/10
Jordan (June) School For Equity
Public,9-122.1mi
2/10
S.F. International High School
Public,9-122.1mi
1/10
Downtown High School
Public,9-122.4mi
3/10
O'connell (John) High School
Public,9-122.6mi
7/10
Balboa High School
Public,9-122.8mi
3/10
Mission High School
Public,9-123.1mi
6/10
Academy Of Arts And Sciences
Public,9-123.5mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,9-123.5mi
2/10
Wells (Ida B.) High School
Public,9-124.1mi
7/10
Wallenberg (Raoul) Traditional High School
Public,9-124.7mi
4/10
Jefferson High School
Public,9-124.7mi
10/10
Lowell High School
Public,9-125.2mi
7/10
Lincoln (Abraham) High School
Public,9-125.2mi
8/10
Galileo High School
Public,9-125.5mi
7/10
Westmoor High School
Public,9-126.1mi
7/10
Washington (George) High School
Public,9-126.6mi
7/10
Oceana High School
Public,9-128.3mi
6/10
Terra Nova High School
Public,9-1210.5mi

Price History

Date
Event
Price
07/09/20
Sold
$639,000
09/29/16
Sold
$580,000
03/04/15
Sold
$375,000
02/18/03
Sold
$545,000
10/19/01
Sold
$495,000
Condition Rating
Poor

Built in 1900, this property shows significant age with no indication of major recent renovations. The listing explicitly states it's a 'value-add opportunity' to 'unlock this home’s true potential' and the property analysis highlights 'Age and Potential for Deferred Maintenance' and 'older systems and infrastructure.' While currently occupied, this strongly suggests that the kitchens, bathrooms, and other major systems are severely outdated and require substantial repairs and rehabilitation to meet modern standards for comfort and functionality. The exterior images are consistent with an un-renovated building from its era.
Pros & Cons

Pros

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).
Investment Potential: Explicitly marketed as a 'Great investment property' with three fully occupied, distinct units (3 beds/1 bath, 3 beds/1 bath, 2 beds/1 bath), offering immediate rental income.
Multi-Unit Configuration: The tri-level structure with three separate units provides diversified income streams and flexibility for investors, a valuable asset in the San Francisco market.
Desirable Amenities: The upper unit boasts city views, and the lower unit includes a large backyard, both highly sought-after features in urban residential properties.
Value-Add Opportunity: The description 'Step into instant equity and unlock this home’s true potential' suggests significant upside for renovation, modernization, or rent optimization.
Long-Term Appreciation Trend: Despite some fluctuations, the sales history indicates a general upward trend in value over the long term, reflecting the property's location in a strong market.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2495, living area = 2274.
Property Type Discrepancy: The property is listed as a 'Single Family Residence' but described as a 'tri-level' with 'three fully occupied units,' which is a significant inconsistency that requires clarification regarding zoning and legal use.
Age and Potential for Deferred Maintenance: Built in 1900, the property is likely to have older systems and infrastructure, potentially requiring substantial capital expenditure for updates, repairs, or modernization.
Local School Ratings: Several of the closest public schools to the property have low ratings (1-3), which could be a deterrent for prospective tenants or buyers with school-aged children.

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