
San Francisco, CA 94121
This 1912 Mediterranean estate represents a High-Potential Investment Opportunity, listed at $8,900,000—positioned well below the $10,376,811 Fair Market Value by 14%. This valuation gap provides $1,476,811 in Instant Equity. With a Condition Rating of 5, the property requires a full-scale rehabilitation to modernize its 5,112 sq. ft. interior. Featuring an Exceptional 9,474 sq. ft. Lot and proximity to Top-Rated Schools like Lowell High, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a grand restoration project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 West Clay Street Subject | $8,900,000* List Price | 8 | 3 | 5,112 | $2,030 | - |
A 2 W Clay Active | $8,000,000 List Price | 8 | 3 | 5,112 | $1,565 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912 and on the market for the first time in 50 years, this property likely contains systems, kitchens, and baths that are over 50 years old. The listing's emphasis on 'potential' and 'period woodwork,' combined with photos showing significant cracking and wear on exterior concrete and hardscape, indicates the home requires a full-scale rehabilitation to meet modern standards.
Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property sits on a rare 9,474 square foot lot, providing expansive manicured gardens and private outdoor space that is seldom found in San Francisco's prestigious Lake Street corridor.
This 1912 Mediterranean estate offers over 5,100 square feet of living space plus a 2,100+ square foot basement, featuring timeless period woodwork, four fireplaces, and extraordinary volume.
With eight bedrooms but only three bathrooms, the current configuration lacks the modern bath-to-bedroom ratio expected for a luxury residence of this scale and price point.
Offered for the first time in 50 years, the estate likely requires significant capital investment to update its systems and interiors to meet contemporary luxury standards.
First time on the market in 50 years! Rare opportunity in the prestigious West Clay park enclave . Situated on a magnificent large 9,474 square feet lot in San Francisco's prestigious Lake Street corridor, 2 West Clay Street is a grand 1912 Mediterranean estate offering extraordinary scale, timeless architectural details, and incredible potential. Spanning 5,112 sq. ft. across three expansive levels (plus a 2,100+ sq. ft. basement), this 8-bedroom residence features light-filled formal living and dining rooms, four fireplaces, and classic period woodwork throughout. The oversized 9,474 sq. ft. grounds provide exceptional private outdoor space and manicured gardens rarely found in the city. Complete with 4-car parking, abundant storage, and prime proximity to the Presidio, Lands End, and vibrant Clement Street dining
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 5,112 | 1,711.807 |
| Lot Size | 9,474 | 2,637.135 |
| Price | $8.90M | $1.93M |
| Price per sq ft | $1.7K | $1.2K |
| Built year | 1912 | 1932 |
| HOA | $0 | $85 |
| Days on market | 19 | 48 |
Aug 21, 2026
$8,900,000
Initial Listing
Sep 16, 1994
$3,600,000
Public Record