1601 Diamond Street, San Francisco, CA 94131, San Francisco, 94131 - 3 bed, 2 bath
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San Francisco, CA 94131
This Spacious View Residence is a Prime Investment Opportunity listed at $1,899,000—positioned well below the $1,952,633 Fair Market Value by 2%. This valuation gap offers $53,633 in Instant Equity. Featuring a Condition Rating of 4, the home provides a solid foundation with San Francisco Bay and city skyline views, nine owned solar panels, and a prime corner lot. The multi-level floor plan allows for significant forced appreciation through cosmetic modernization of the kitchen and baths. This is an ideal asset for Owner-Occupants or Value-Add Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1601 Diamond Street Subject | $1,899,000* List Price | 3 | 2 | 1,648 | $1,185 | - |
A 162 Stillings Avenue Sold | $1,825,000 | 3 | 2 | 1,475 | $1,237 | 0.8 mi |
B 4370 Cesar Chavez Street Sold | $2,250,000 | 3 | 2 | 1,870 | $1,203 | 0.2 mi |
C 151 Monterey Boulevard Sold | $1,400,000 | 4 | 2 | 1,629 | $859 | 0.9 mi |
D 408 Gold Mine Drive Sold | $2,200,000 | 3 | 2 | 1,950 | $1,128 | 0.4 mi |
E 1801 Castro Street Sold | $2,115,000 | 2 | 2 | 1,496 | $1,414 | 0.2 mi |
F 4047 Cesar Chavez Street Sold | $2,050,000 | 2 | 1 | 1,400 | $1,464 | 0.3 mi |
G 980 Burnett Avenue Pending | $1,398,000 List Price | 5 | 2 | 1,700 | $822 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in fair condition, reflecting its 1910 build date with renovations that appear to be 20 to 30 years old. While the home is functional and includes modern additions like solar panels, the interior finishes are significantly outdated. The kitchen features dated tile countertops and linoleum flooring, while the bathroom contains 1980s/90s-style pink sinks and oak cabinetry. Additionally, the blue carpeting shows visible wear and staining, and the exterior siding exhibits weathering and staining, indicating a need for cosmetic updates and general modernization.
The property includes nine seller-owned solar panels, providing immediate energy efficiency and long-term utility cost savings, which is a significant value-add in the San Francisco market.
Situated on a desirable corner lot, the home offers sought-after water views and a private wood deck that leads to a backyard and detached garage, maximizing outdoor utility.
Multiple skylights on the top floor and a kitchen featuring a central island with gas burners create a bright, functional, and contemporary living environment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1648, other record living area = 980.
The washing machine is located directly in the kitchen, which may be viewed as a drawback for buyers seeking a dedicated laundry room or more discreet utility area.
With living spaces distributed across three separate levels, the floor plan requires frequent stair usage and may feel fragmented, particularly with the third bedroom located in the basement.
This home sits on a 2,783 square foot lot that is located at the corner of Diamond St. @ 28th. The interior of the house has 3BRs 2BA for a total of 6 rooms over 3 levels. There are 2BRS and 1BA upstairs on the 3rd floor, it contains a sitting area. The 3rd floor bathroom is equipped with a full bath, double vanity, a shower over the tub. There are two skylights on the 3rd floor one skylight is in the main BR, the other skylight is in the 3rd floor hallway. The 2nd floor i.e. The main level has the foyer and upon entry there are stairs that lead to the basement level with one bedroom. As we continue on the main level there is a living room, there is a full bath, with a shower stall and a single vanity. The main floor includes an additional room with the stairs that leads to 3rd floor. The kitchen is also located on the 2nd floor and is equipped with modern appliances along with a tiled countertop. The kitchen has an island with gas burners, a refrigerator and dishwasher plus a full set of upper and lower cabinets, it has linoleum floor tiles, A washing machine which is located in the kitchen. continuing to the breakfast area that has a door leading out to a wood deck. The deck has stairs that lead to the backyard that has a garage at the rear of the lot. There are 9 solar panels on the roof, they deliver electricity only, and the panels are owned by the seller.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,648 | 1,685 | 47% |
| Lot Size | 2,783 | 2,848.82 | 40% |
| Price | $1.90M | $2.15M | 40% |
| Price per sq ft | $1.2K | $1.2K | 45% |
| Built year | 1910 | 1949 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 177 | 1% |
Mar 30, 2026
$1,899,000
Initial Listing
May 10, 1996
$194,000
Public Record