1956 Great Highway, San Francisco, CA 94116, San Francisco, 94116 - 3 bed, 2 bath
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San Francisco, CA 94116
This Coastal Value-Add Asset represents a Strong Value Opportunity with a List Price of $1,495,000—positioned well below the $1,611,555 Fair Market Value by 7%. This valuation gap provides $116,555 in Instant Equity for buyers prepared for a comprehensive restoration. Featuring a Condition Rating of 5, the property requires a full rehabilitation but offers rare unobstructed Pacific Ocean views and an extra-wide lot. Proximity to top-rated schools like Ulloa Elementary (9/10) and Lowell High (10/10) ensures long-term demand. This is a high-upside acquisition for Contractors or Visionary Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1956 Great Highway Subject | $1,495,000* List Price | 3 | 2 | 1,584 | $1,017 | - |
A 2666 44th Avenue Sold | $1,366,000 | 3 | 2 | 1,387 | $985 | 1.0 mi |
B 2278 39th Avenue Sold | $1,330,000 | 5 | 3 | 1,628 | $817 | 0.7 mi |
C 2170 43rd Avenue Sold | $1,400,000 | 3 | 2 | 1,223 | $1,145 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1936 property is in original or near-original condition and requires a complete rehabilitation. Interior images show significant deferred maintenance, including missing ceiling sections, evidence of water damage or mold on walls, and heavily worn parquet flooring. The kitchen and bathrooms are entirely outdated with aged cabinetry and fixtures, and the overall state of the home necessitates substantial repairs to meet modern living standards.
Elementary School: Ulloa Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated directly across from Ocean Beach, this property offers rare, unobstructed views of the Pacific Ocean and immediate access to coastal recreation.
The property occupies a uniquely wide lot for San Francisco, providing a more expansive footprint, enhanced privacy, and a large backyard with significant development potential.
Direct exposure to salt air, wind, and sand from the Great Highway necessitates more frequent and rigorous exterior maintenance compared to inland properties.
Described as a 'blank canvas' with 'endless possibilities,' the property likely requires substantial additional investment in landscaping and interior updates to reach its full potential.
Exceptional three-story home located across from Ocean Beach with breathtaking ocean views from multiple levels. Situated on a rare extra-wide lot, this unique property offers expansive living space, generously sized rooms, and incredible natural light throughout. The unique multi-level layout provides endless possibilities. A distinctive front exterior wall adds privacy and curb appeal, giving the home a special coastal estate-like feel. Watch the sunset, hear the waves, and enjoy access to the beach just steps from your front door. The large backyard is a blank canvas ideal for outdoor entertaining and landscaping. The term "rare opportunity" is used too casually. 1956 Great Highway is the true definition.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
Grades K-5 • 3.7 mi
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 | 1,584 | 1,572 | 52% |
| Lot Size | 3,559 | 2,996 | 86% |
| Price | $1.50M | $1.75M | 27% |
| Price per sq ft | $944 | $1.1K | 24% |
| Built year | 1936 | 1941 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 182 | 1% |
Mar 27, 2026
$1,495,000
Initial Listing
Jan 6, 2009
$390,000
Public Record