
San Francisco, CA 94107
This Potrero Hill Development Site represents a strategic RH-3 Zoned Asset listed at $1,350,000, positioned near its $1,248,500 Fair Market Value. Currently a dilapidated 1,700-sq.-ft. structure with a Condition Rating of 6, the property is sold "As-Is" for its significant land value and 40-X height limit. Proximity to top-rated schools including Lowell High School (10/10) and Lilienthal Elementary (9/10) ensures high terminal value for a multi-unit conversion. This value-add project is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2119 22nd Street Subject | $1,350,000* List Price | 3 | 2 | 1,700 | $734 | - |
A 461 Vermont Street Sold | $1,560,000 | 3 | 2 | 1,517 | $1,028 | 0.5 mi |
B 561 Connecticut Street Sold | $1,700,000 | 5 | 2 | 2,250 | $756 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1900, this property is marketed primarily as a development opportunity rather than a residence. The listing emphasizes RH-3 zoning, height limits, and the need to 're-image' the site. The exterior image shows a dilapidated structure with weathered siding, aged windows, and temporary plywood fencing, suggesting it is unlivable. With an 'As-Is' sale condition and a 'bring your contractor' warning, the value is clearly in the land and its potential for redevelopment.
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 RH-3 zoning and 40-X height limit provide a rare opportunity to re-image the site into a multi-unit building or a substantial luxury residence in a high-demand area.
Located in the desirable 94107 zip code, the property offers excellent proximity to local amenities, transit corridors, and is within walking distance of several schools.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1873, living area = 1700.
Sold in 'As-Is' condition with a 'bring your contractor' advisory, the 1900-built home likely requires a total overhaul, including potentially costly seismic and system upgrades.
At 547 days on market, the property's prolonged vacancy suggests potential challenges regarding its 'B-Unknown' historic status or pricing relative to the required renovation costs.
Zoned RH-3, the site presents an opportunity to re-image the current home. Currently, a 1,700-sq.-ft.-family house on three floors occupies the parcel. Please consult with an architect or land-use attorney for precise development opportunity. Parcel: 75' x 25'. Height limit: 40-X. Historic Resource: B-Unknown. Actual square footage may be higher than reported by tax records. Sold As-Is, Where-is. Bring your contractor.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 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 | 1,700 | 1,707.5 | 50% |
| Lot Size | 1,873.08 | 2,495.99 | 14% |
| Price | $1.35M | $1.68M | 21% |
| Price per sq ft | $794 | $1.2K | 14% |
| Built year | 1900 | 1906 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 555 | 184 | 0% |
Oct 15, 2024
$1,350,000
Initial Listing
Dec 22, 2021
$650,000
Public Record
Aug 16, 2016
$725,000
Public Record