228 32nd Avenue, San Francisco, CA 94121, San Francisco, 94121 - 5 bed, 4 bath
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San Francisco, CA 94121
This Sea Cliff residence presents a High-Potential Investment Opportunity with a List Price of $3,695,000—positioned well below the $4,230,313 Fair Market Value by 12%. This valuation gap offers $535,313 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires modernization, yet offers a rare 5-bedroom layout and flat, turfed yard. Located near top-rated schools like Lowell High and Presidio Middle, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 228 32nd Avenue Subject | $3,695,000* List Price | 5 | 4 | 3,490 | $1,212 | - |
A 636 20th Avenue Sold | $3,650,000 | 3 | 2 | 3,038 | $1,201 | 1.0 mi |
B 3641 Clement Street Sold | $2,600,000 | 4 | 3 | 2,529 | $1,028 | 0.4 mi |
C 5600 Fulton Street Active | $2,688,000 List Price | 5 | 4 | 3,611 | $744 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1915, this residence is well-preserved but dated. The kitchen features older wood cabinetry and tile countertops likely from a 20-30 year old renovation, and the bathrooms show similar age with basic vanities and fixtures. The listing description explicitly notes the opportunity for a buyer to 'customize the interiors to suit a modern lifestyle,' confirming that while functional and move-in ready, the home requires significant aesthetic and likely system updates to meet current standards.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Designed by renowned architect Edward G. Bolles, this 1915 Tudor Revival home features grand-scale rooms and timeless period details like classic box-beam ceilings.
Situated in one of San Francisco's most elite neighborhoods, the property offers exceptional curb appeal and proximity to highly-rated schools like Presidio Middle and Alamo Elementary.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3490, other record living area = 2620.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3598, living area = 3490.
The property is positioned as a customization opportunity, suggesting that the century-old interiors likely require substantial capital investment to meet modern luxury standards.
Curb appeal, character, scale, and location define this exceptional Sea Cliff residence. Designed in 1915 by renowned San Francisco architect Edward G. Bolles, this Tudor Revival home beautifully pairs timeless period architecture and grand-scale rooms with the flexibility and functionality of a true forever home. Spanning three expansive levels above a full basement and garage, the five-bedroom, four-bath residence offers a rare opportunity for a new owner to bring their own vision and seamlessly customize the interiors to suit a modern lifestyle. A formal entry foyer sets an elegant tone, opening to an oversized living room and a stately formal dining room highlighted by classic box-beam ceilings. The spacious eat-in kitchen connects to an outdoor deck with direct access to a flat, turfed rear yardideal for entertaining and everyday outdoor living. The second level is anchored by an expansive primary suite, complemented by two additional bedrooms and a full bath. The third floor provides exceptional flexibility, offering two more bedrooms, a full bath, and a generous lounge space perfect for a media room, playroom or study. On the lower level, the home includes a former au pair quarters along with additional space suited for a workshop, fitness area, wine storage, or future customization.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 2.8 mi
Grades K-5 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,490 | - |
| Lot Size | 3,598 | - |
| Price | $3.69M | $2.02M |
| Price per sq ft | $1.1K | $1.2K |
| Built year | 1915 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 46 |
Jul 15, 2026
$3,695,000
Initial Listing