1740 Bancroft Ave 4507, San Francisco, CA 94124, San Francisco, 94124 - 2 bed, 2 bath
Loading property details...
1740 Bancroft Ave 4507
San Francisco, CA 94124
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,127Sq Ft
0Lot Size
Property Price
LIST PRICE$500,000
EST. MARKET VALUE
$520,362
3% BelowMARKET VALUE
SUMMARY
This Below Market Rate (BMR) Condominium represents a Prime Investment Opportunity, listed at $500,000—positioned well below the $520,363 Fair Market Value by 3%. This valuation gap offers $20,363 in Instant Equity for eligible buyers. Featuring a Good Condition Rating, this 1,127 sqft residence includes a private balcony, in-unit laundry, and access to a fitness center. While subject to strict resale controls, it provides a stable, high-value entry point for income-eligible households or first-time buyers seeking a modern, well-maintained San Francisco home.
Estimated Market Value
$520,362+$20,362 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 |
|---|---|---|---|---|---|---|
★ 1740 Bancroft Ave 4507 Subject | $500,000* List Price | 2 | 2 | 1,127 | $462 | - |
A 738 Le Conte Avenue Active | $650,000 List Price | 3 | 2 | 1,450 | $448 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2009, the property is approximately 17 years old, placing it squarely in the 'Good' category. The interior, including the kitchen and flooring, appears well-maintained and functional, though it retains original finishes. It is move-in ready with modern amenities like in-unit laundry and a fitness center.
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).
- Modern Top-Floor Layout
This 2009-built, two-story condominium features a desirable top-floor position with a private balcony and in-unit laundry, offering a contemporary and spacious 1,127 sqft floor plan.
- Comprehensive Community Amenities
Residents enjoy access to a fitness center, landscaped courtyard, and playground, along with the rare convenience of low-cost leased garage parking and private storage.
CONSRISKS & DEFICIENCIES
- Strict Eligibility & Resale Controls
As a Below Market Rate (BMR) unit, the property is limited to first-time homebuyers meeting specific income caps and is subject to long-term resale restrictions that limit equity appreciation.
- Low-Rated Local Schools
The immediate elementary and middle schools serving the property have low performance ratings (1-3), which may be a concern for families prioritizing local public education.
About 1740 Bancroft Ave 4507
Welcome home to this bright, top-floor two-story condominium in Bayview! This well-designed residence offers a spacious living room with private balcony, an eat-in kitchen with abundant cabinet space, two generously sized bedrooms, 1.5 bathrooms, and in-unit laundry. Enjoy access to community amenities including a fitness center, landscaped courtyard, and playground. Optional leased garage parking ($50/month) and private storage ($30/month) are also available. Conveniently located near the T Third Street Muni line, offering direct service to Chase Center, Oracle Park, SoMa, Union Square, and Chinatown, with easy access to Third Street and nearby neighborhood amenities. 2 bedroom 1.5 bathroom Below Market Rate (BMR) housing opportunity available at 110% Area Median Income (AMI). Maximum income for 2 people = $142,650; 3 = $160,500; 4 = $178,300, etc. Must be 1st-time homebuyer & income eligible. Unit available through the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit will be listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org) starting on the application date, 8/31/26. Application, loan pre-approval, and homebuyer education verification due on 9/21 at 5PM. OPEN HOUSE 9/3 5:00-7:00PM, 9/5 11-2 PM & 9/12 - 1:00-4:00PM. Fair Housing Opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2009
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $572 / Month
Neighborhood Insights
San Francisco Unified Schools
Drew (Charles) College Preparatory Academy
Grades K-5 • 0.3 mi
1/10
Carver (George Washington) Elementary School
Grades K-5 • 0.6 mi
2/10
Taylor (Edward R.) Elementary School
Grades K-5 • 0.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,127 | 1,093.715 |
| Lot Size | - | 10,543.457 |
| Price | $500.0K | $1.21M |
| Price per sq ft | $444 | $1.1K |
| Built year | 2009 | 1989 |
| HOA | $572 | $832 |
| Days on market | 9 | 69 |
Pricing History
Listed for Sale
Aug 31, 2026
$500,000
Initial Listing
Sold
Jul 15, 2010
$296,000
Public Record