224 Shields Street, San Francisco, CA 94132, San Francisco, 94132 - 3 bed, 4 bath

224 Shields Street, San Francisco, CA 94132 home-pic-0

224 Shields Street

San Francisco, CA 94132

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,032Sq Ft
2,500Lot Size

Property Price

LIST PRICE$1,290,000
EST. MARKET VALUE
$1,486,616
13% BelowMARKET VALUE

SUMMARY

Analysis of 224 Shields Street, San Francisco, CA 94132 reveals a Prime Investment Opportunity with a current list price of $1,290,000—significantly undercutting the $1,486,616 Fair Market Value by 13%. This valuation gap indicates a +$196,616 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,486,616 +$196,616 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Francisco.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
224 Shields Street
Subject
$1,290,000*
List Price
342,032$732-
A
475 Head Street
Sold
$1,600,000432,214$7230.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1931, the property has undergone an extensive recent renovation that meets modern quality standards. The interior features a sleek, updated kitchen with contemporary cabinetry and countertops, newly installed large windows that provide panoramic views, and four modernized bathrooms including a primary en-suite. The home is in move-in-ready condition with high-end finishes, updated flooring, and no visible deferred maintenance, qualifying it for the highest condition rating.

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).

  • Panoramic Views

    The property features breathtaking panoramic views from every floor and a dedicated rooftop deck, offering vistas that stretch from the hillside to the sea.

  • Modernized Interior

    This 1931 home has been beautifully updated with sleek kitchen finishes, new windows, and contemporary bathrooms, providing a move-in-ready experience with modern elegance.

CONSRISKS & DEFICIENCIES

  • Low Available Lot Utilization

    The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2500, living area = 2032.

  • Bedroom Record Discrepancy

    One of the three bedrooms is officially recorded as an office, which may impact appraisal valuations or specific financing requirements for certain buyers.

  • Pricing History Volatility

    The listing shows a significant price reduction from $1.68M to $1.29M, which may indicate previous overpricing or extended market time that requires careful due diligence.

About 224 Shields Street

Welcome to this beautifully updated single-family home, where modern elegance meets breathtaking panoramic views from each floor in the highly sought-after Merced Heights. Step inside and discover a bright and airy living room and a formal dining room. Large new windows flood these spaces with natural light and expansive views. The kitchen has been updated with sleek countertops and cabinetry. A bathroom on this level adds convenience for guests and residents alike. Upper level offers 3 bedrooms (1 of which is recorded as an office) & 2 bathrooms. The primary bedroom boasts its own en-suite bathroom for added privacy and comfort. Step out onto the rooftop where you can take in sweeping panoramic views stretching from the hillside to the sparkling sea. The lower level features an entertainment room with large windows that continue to showcase stunning views. Another bathroom adds functionality to this impressive space. The backyard offers ample room for outdoor enjoyment. The garage provides 1 car parking, laundry area & study room; 2 more open parking spaces. Located near CCSF, SFSU, Muni/BART, shops, it is a perfect place to call home.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1931
Lot Size
2,500 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

San Francisco Unified Schools

Ortega (Jose) Elementary School

Grades K-5 • 0.2 mi

7/10

Sheridan Elementary School

Grades K-5 • 0.4 mi

2/10

Sloat (Commodore) Elementary School

Grades K-5 • 1.0 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths4.02.0
82%
Square foot2,0321,417.5
74%
Lot Size2,5002,500.34
47%
Price$1.29M$1.34M
42%
Price per sq ft$635$951
5%
Built year19311946
5%
HOA$0$0
50%
Days on market29158
3%

Pricing History

Listed for Sale

Feb 27, 2026

$1,290,000

$1,680,000

-23% Price Drop

Initial Listing

Price Change

Feb 6, 2026

$1,680,000

Initial Listing

Sold

Feb 16, 2024

$1,160,000

Public Record

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