
San Francisco, CA 94115
Analysis of 2083 Ellis Street, San Francisco, CA 94115 is currently available with a list price of $2,499,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a development opportunity for the demolition of the existing 1900-built single-family residence to construct a new seven-story residential building. The value is based entirely on the land and the potential for redevelopment, as the current structure is slated for removal.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The project offers a rare opportunity to construct a seven-story, 15,000+ sqft residential building with 9 ownership units, providing significant scale and profit potential in a high-demand market.
Situated just steps from the Divisadero Street corridor's nightlife and restaurants, and minutes from Golden Gate Park, the location ensures strong future resale value for the completed units.
The property has been on the market for over 150 days with multiple price reductions totaling $1 million, suggesting initial overvaluation or buyer concerns regarding project feasibility.
As a ground-up development requiring demolition and extensive construction, the project involves substantial capital requirements and exposure to San Francisco's complex permitting and entitlement timelines.
This development opportunity includes the demolition of a single family residence and the construction of a seven story over basement residential building of over 15,000 sqft of total living space with 9 residential ownership units, six off street parking spaces, and 9 bicycle parking spaces in the sought after NoPa/Anza Vista neighborhood. These proposed homes are 2-3 bedrooms and range in size from 1,000 sqft to over 2,200 sqft. Just steps to the shopping nightlife and restaurants of Divisadero St and minutes to the Golden Gate Bridge and Golden Gate Park.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.5 | 13% |
| Baths | 0.0 | 3.5 | 6% |
| Square foot | 1,045 | 3,554.5 | 13% |
| Lot Size | 3,436.88 | 3,296 | 56% |
| Price | $2.50M | $3.79M | 25% |
| Price per sq ft | $2.4K | $1.1K | 88% |
| Built year | 1900 | 1900 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 163 | 240 | 25% |
Mar 17, 2026
$2,499,000
$2,995,000
-17% Price Drop
Initial Listing
Feb 11, 2026
$2,995,000
$3,499,000
-14% Price Drop
Initial Listing
Nov 10, 2025
$3,499,000
Initial Listing
Mar 24, 2021
$1,350,000
Public Record