2135 45th Avenue, San Francisco, CA 94116, San Francisco, 94116 - 2 bed, 2 bath
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2135 45th Avenue
San Francisco, CA 94116
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,028Sq Ft
3,001Lot Size
Property Price
LIST PRICE$1,195,000
EST. MARKET VALUE
$1,784,664
33% BelowMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,195,000—positioned well below the $1,784,665 Fair Market Value by 33%. This significant valuation gap offers $589,665 in Instant Equity. Featuring a Condition Rating of 3, the home includes a vertical addition with sweeping ocean views and a private deck. Located near top-rated schools like Lowell High and Sunset Elementary, this property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking long-term value in a prime coastal location.
Estimated Market Value
$1,784,664+$589,664 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 |
|---|---|---|---|---|---|---|
★ 2135 45th Avenue Subject | $1,195,000* List Price | 2 | 2 | 1,028 | $1,736 | - |
A 2442 44th Avenue Sold | $1,478,000 | 2 | 1 | 1,037 | $1,425 | 0.4 mi |
B 2663 42nd Avenue Sold | $1,500,000 | 4 | 2 | 1,012 | $1,482 | 0.7 mi |
C 2442 41st Avenue Sold | $1,468,000 | 3 | 2 | 1,214 | $1,209 | 0.5 mi |
D 2439 34th Avenue Sold | $1,515,000 | 2 | 1 | 1,150 | $1,317 | 0.8 mi |
E 3016 Vicente Street Sold | $1,475,000 | 2 | 1 | 1,036 | $1,424 | 0.6 mi |
F 1943 35th Avenue Pending | $1,195,000 List Price | 3 | 2 | 1,150 | $1,039 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1941, the property features a significant vertical addition and interior renovations that appear to be 10-20 years old. The kitchen is functional with stainless steel appliances and well-maintained wood cabinetry, and the home is move-in ready with updated hardwood floors and a clean interior, fitting the well-maintained criteria.
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).
- Prime Coastal Location
Situated just steps from Ocean Beach and the popular commercial corridors of Noriega and Taraval, this home offers a quintessential Outer Parkside lifestyle with excellent walkability to shops and nature.
- Ocean View Expansion
The thoughtfully designed vertical addition features a private deck with sweeping ocean views, providing a rare and highly desirable vantage point that enhances the property's overall value.
CONSRISKS & DEFICIENCIES
- Extended Market Duration
With 58 days on the market, the property has surpassed the typical local turnover time, which may suggest a pricing misalignment or buyer hesitation regarding the current valuation.
- Compact Living Proportions
The reported 1,028 square feet is quite modest for a multi-level home described with several bedrooms, indicating that individual room sizes and overall living areas may feel constrained.
About 2135 45th Avenue
Unique Outer Parkside beach bungalow. Beautiful hardwood floors cover most of the main level. An ornate fireplace provides the living room with a nice refined feel. Natural light floods the kitchen and dining room. Two bedrooms, two bathrooms, and a handy additional room are found on the lower level. A thoughtfully designed vertical addition features two bedrooms, a third bath, and a deck offering sweeping ocean views. Deep & private best describes the serene backyard. Space for parking, storage, and laundry is found in the garage. Don't miss your chance to acquire a truly special home on a quintessential Outer Parkside block. 2135 45th is just steps from Ocean Beach and all the great shops along Noriega & Taraval. Don't miss it!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 3,001 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Sunset Elementary School
Grades K-5 • 0.4 mi
9/10
Ulloa Elementary School
Grades K-5 • 0.7 mi
9/10
Chinese Immersion School At Deavila
Grades K-5 • 3.6 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,028 | 1,711.807 |
| Lot Size | 3,001 | 2,637.135 |
| Price | $1.20M | $1.93M |
| Price per sq ft | $1.2K | $1.2K |
| Built year | 1941 | 1932 |
| HOA | $0 | $85 |
| Days on market | 63 | 48 |
Pricing History
Listed for Sale
Jul 8, 2026
$1,195,000
Initial Listing