232-234 Diamond Street, San Francisco, CA 94114, San Francisco, 94114 - 5 bed, 2 bath
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San Francisco, CA 94114
This Vacant Italianate Victorian Duplex represents a High-Potential Investment Opportunity, listed at $2,195,000—positioned well below the $2,500,387 Fair Market Value by 12%. This significant valuation gap offers $305,387 in Instant Equity. Featuring a Move-in Ready Condition with updated kitchens and an Oversized Lot with a Landscaped Garden, the property is minutes from Top-Rated Schools like Lowell High. Delivered fully vacant, it provides immediate flexibility for market-rate rental income or multi-generational living. This is an elite asset for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 232-234 Diamond Street Subject | $2,195,000* List Price | 5 | 2 | 2,224 | $1,124 | - |
A 716-716A Douglass Street Sold | $2,495,000 | 5 | 3 | 2,087 | $1,195 | 0.5 mi |
B 10-12 Grand View Terrace Sold | $2,700,000 | 4 | 4 | 2,254 | $1,198 | 0.2 mi |
C 3640-3642 17th Street Sold | $1,890,000 | 4 | 1 | 2,595 | $728 | 0.6 mi |
D 321 Caselli Ave Pending | $2,495,000 List Price | 3 | 0 | 2,250 | $1,109 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1900 Victorian has undergone an extensive recent renovation that seamlessly integrates modern luxury with historic character. The kitchens feature contemporary shaker cabinetry, stone countertops, and high-end stainless steel appliances, while the bathrooms are tastefully updated. The interior boasts pristine hardwood flooring, updated designer light fixtures, and high ceilings with preserved period moldings. The property is in move-in ready condition with no visible deferred maintenance, meeting the standards for a recently fully renovated residence.
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 property is delivered fully vacant, a significant advantage in San Francisco that allows for immediate owner-occupancy, multi-generational living, or the ability to set market-rate rents without tenant restrictions.
Situated on a rare, oversized 3,123 sqft lot, the property features a beautifully landscaped flat garden, offering premium outdoor living space that is highly coveted in Eureka Valley.
Both the three-bedroom and two-bedroom units contain only a single bathroom each, which may be a drawback for modern buyers or families seeking more contemporary convenience.
Several of the most immediate public elementary schools are rated poorly, which could be a deterrent for families prioritizing high-ranking neighborhood school assignments.
Nestled in the heart of Eureka Valley and set on an extra oversized lot, 232-234 Diamond Street presents a rare opportunity to own a beautifully maintained VACANT two-unit Italianate Victorian residence in one of San Francisco's most desirable neighborhoods. This charming property features two thoughtfully designed units: an expansive upper-level three-bedroom, one-bath residence, and a well-appointed lower-level two-bedroom, one-bath unit ideal for generating rental income or multi-generational living. The upper unit is filled with character and comfort, showcasing high ceilings, abundant natural light, and elegant Italianate details throughout. The spacious layout includes three generously sized bedrooms, along with tastefully updated kitchen and bathroom spaces that blend modern convenience with classic charm. The flexible layout could provide for a 4th bedroom or office. Additional highlights include a one-car garage with a tandem parking pad (accommodating two vehicles), washer and dryer for each residence, ample storage, and a beautifully landscaped flat garden offering a peaceful retreat from city life. Whether you're an owner-occupier seeking supplemental income or an investor looking for a prime San Francisco asset, this exceptional property delivers both versatility and timeless appeal. DO NOT USE SHOWINGTIME.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,224 | 2,479.5 | 25% |
| Lot Size | 3,123 | 3,064.32 | 50% |
| Price | $2.19M | $2.35M | 50% |
| Price per sq ft | $987 | $882 | 50% |
| Built year | 1900 | 1907 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 138 | 25% |
Mar 1, 2026
$2,195,000
Initial Listing
Nov 16, 2022
$1,956,000
Public Record
Dec 14, 2012
$1,210,000
Public Record