
San Francisco, CA 94118
This 2-Unit Residential Income Property represents a Prime Investment Opportunity, listed at $1,695,000—positioned well below the $1,732,542 Fair Market Value by 2%. This valuation gap offers $37,542 in Instant Equity. With a Condition Rating of 4, the property features a move-in ready lower unit and a large backyard. Located in the Inner Richmond near top-rated schools like Chinese Immersion School, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 235-237 7th Avenue Subject | $1,695,000* List Price | 5 | 4 | 3,242 | $534 | - |
A 1358 Clement Street Active | $1,828,000 List Price | 5 | 3 | 3,256 | $561 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1914, the property shows a mix of maintenance and age. While the lower unit has freshly painted walls and refinished hardwood floors, the kitchen is significantly dated with 1970s/80s-style cabinetry and vinyl flooring, clearly exceeding the 20-30 year threshold for updates. The basement shows a relatively modern HVAC furnace, but the electrical meters and general kitchen/bath aesthetics require modernization to meet current market 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).
Ideally situated between California and Clement Streets, the property offers exceptional walkability to a diverse array of restaurants, markets, and public transit, making it highly desirable for both tenants and owner-users.
The lower unit is delivered vacant and move-in ready with refinished hardwood floors and fresh paint, allowing an owner-occupant to move in immediately while benefiting from rental income from the upper unit.
The upper unit is tenant-occupied, which may present challenges for buyers seeking full building occupancy or immediate market-rate rental income due to San Francisco's strict rent control regulations.
Built in 1914, the property may require future capital investments for seismic retrofitting or modernization of aging systems typical of century-old structures.
Location, convenience and opportunity in the heart of the Inner Richmond! Ideally situated between California and Clement Streets, 235-237 7th Avenue is surrounded by the incredible variety of neighborhood businesses and conveniences that make this location so desirable. Restaurants, cafs, delis, bakeries, markets, grocery stores, banks, hardware stores, specialty shops, everyday services, shopping, public transportation, you name it, it's nearby! Situated on a wonderful residential block, this bright and spacious 2-unit building offers approximately 1,600 sq. ft. per unit, with a versatile floor plan and tremendous owner-user or investment potential. The vacant lower unit features 2 bedrooms plus a sunroom, 1.5 baths, formal living and dining rooms, a generous eat-in kitchen, freshly painted interior and beautifully refinished hardwood floors. Bright, spacious and ready to move in. Photos shown are of the lower unit only. The tenant-occupied upper unit offers 3 bedrooms, a spacious living room, dining area, sunroom, 1.5 baths and a generously sized eat-in kitchen. The property also features a large basement garage with laundry hookups and storage rooms, plus a lovely, large and level backyard offering wonderful outdoor space and possibilities. Ideal for an owner-user or investor. Enjoy the space, flexibility and long-term potential of a substantial 2-unit building in one of San Francisco's most vibrant and convenient neighborhoods. A special opportunity to own in the Inner Richmond where just about everything you need is right outside your door!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.8 |
| Baths | 4.0 | 4.0 |
| Square foot | 3,242 | 3,171.882 |
| Lot Size | 2,997 | 2,678.029 |
| Price | $1.70M | $2.08M |
| Price per sq ft | $523 | $709 |
| Built year | 1914 | 1925 |
| HOA | $0 | $0 |
| Days on market | 43 | 66 |
Jul 28, 2026
$1,695,000
Initial Listing