231 Ottawa Avenue, San Francisco, CA 94112, San Francisco, 94112 - 3 bed, 2 bath
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San Francisco, CA 94112
This Spanish Mediterranean Residence is a High-Potential Investment Opportunity with a List Price of $1,080,000—positioned well below the $1,249,038 Fair Market Value by 13%. This valuation gap offers $169,038 in Instant Equity. Featuring a Good Condition Rating and a permitted downstairs unit for rental income, the 2,150 sqft layout includes new appliances and partial cityscape views. Ideally located near Balboa Park BART with access to Lowell High School, this is a premier choice for Multi-generational Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 231 Ottawa Avenue Subject | $1,080,000* List Price | 3 | 2 | 2,150 | $581 | - |
A 1020 Plymouth Avenue Sold | $1,308,000 | 3 | 5 | 2,535 | $516 | 0.5 mi |
B 647 Athens Street Sold | $1,249,000 | 3 | 2 | 1,922 | $650 | 0.9 mi |
C 52 Meda Avenue Pending | $1,295,000 List Price | 3 | 2 | 2,037 | $636 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1940, the property is well-maintained and move-in ready. The kitchen features brand new appliances (refrigerator, oven, dishwasher), and the home includes a permitted downstairs unit. While some finishes like the kitchen tile and cabinetry appear to be 15-20 years old, the overall presentation and functional HVAC system place it in the Good category.
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 permitted downstairs unit featuring a bedroom, living area, and wet bar provides excellent versatility for rental income, guest quarters, or multi-generational living.
Ideally located near the Balboa Park Station, the property offers exceptional access to both MUNI and BART, making it a prime choice for San Francisco and Peninsula commuters.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2199, living area = 2150.
The immediate neighborhood elementary and middle schools carry lower ratings, which may be a concern for families prioritizing top-tier public education proximity.
Discover timeless elegance and everyday convenience in this beautifully styled Spanish Mediterranean home, ideally located just moments from MUNI/BART via Balboa Station. Step into a generous living room featuring a corner fireplace. This home also boasts a separate formal dining room and kitchen which includes a brand new refrigerator, oven, and dishwasher. The permitted downstairs unit adds incredible flexibility, offering its own bedroom, living room, bathroom, and wet bar area; ideal for extended family, guests, or potential rental income. An oversized garage provides abundant space for parking, a workshop, or additional storage, catering to a variety of needs. With its adaptable layout and prime location, this home is truly perfect for families of all sizes seeking comfort and convenience.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 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 | 2,150 | 1,412 | 86% |
| Lot Size | 2,199 | 2,500 | 25% |
| Price | $1.08M | $1.21M | 36% |
| Price per sq ft | $502 | $870 | 4% |
| Built year | 1940 | 1925 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 179 | 1% |
Apr 16, 2026
$1,080,000
Initial Listing