2375 24th Avenue, San Francisco, CA 94116, San Francisco, 94116 - 5 bed, 4 bath
ACTIVE$1,350,000$2,990/sqft
2375 24th Avenue, San Francisco, CA 94116
5Beds
4Baths
2,990Sqft
2,996.93Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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).
Top Cons:
Unwarranted Unit: The property includes an 'unwarranted unit,' which may present legal, permitting, or future compliance challenges and potential costs.
Compared to the nearby listings
Price:$1.35M vs avg $1.41M ($-55,000)50%
Size:2,990 sqft vs avg 2,656 sqft50%
Price/sqft:$452 vs avg $47225%
More Insights
Built in 1950 (76 years old).
Condition: Built in 1950, this quadruplex shows a mix of conditions. While one unit features a 'newer kitchen' with modern cabinets, quartz countertops, and a contemporary backsplash, another kitchen displayed is significantly dated with original 1950s white cabinets, yellow/orange tiled countertops and backsplash, and older appliances. The bathroom shown also retains its original 1950s pink/red and beige tile work and fixtures, indicating it is functional but very outdated. Common areas and other units likely reflect a similar aged condition with 'some upgrades' rather than comprehensive renovations. The property is aged but maintained, requiring substantial updates to bring all units to modern standards, particularly in the kitchens and bathrooms.
Year Built
1950
Close
-
List price
$1.35M
Original List price
-
Price/Sqft
$452
HOA
$0
Days on market
-
Sold On
-
MLS number
426093360
Home ConditionFair
Features
Good View:
View-
About this home
Located in the vibrant Parkside neighborhood with exceptional access to public parks, library, shopping, dining and public transportation, this classic 50's Sunset fourplex plus unwarranted unit offers a compelling opportunity for first time investors or those needing a early in the year 1031 tax deferred exchange. Over $102,000/annual income. Newer kitchen in one of the units. There have been some upgrades to fixtures, appliances and finishes to the units over the years. 2 parking spots in the garage. Large backyard. Common coin operated washer/dryer on the garage level. SHOWINGS: Pre-arranged showings have been arranged with the tenants over a two week period. Check with your agent about timing and details.
K
Ken Eggers
Listing Agent
Nearby schools
8/10
Feinstein (Dianne) Elementary School
Public,•K-5•0.2mi
9/10
Stevenson (Robert Louis) Elementary School
Public,•K-5•0.7mi
8/10
West Portal Elementary School
Public,•K-5•0.9mi
9/10
Ulloa Elementary School
Public,•K-5•1.1mi
9/10
Sunset Elementary School
Public,•K-5•1.1mi
8/10
Clarendon Alternative Elementary School
Public,•K-5•1.5mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•2.7mi
1/10
Mission Education Center
Public,•K-5•2.8mi
2/10
Fairmount Elementary School
Public,•K-5•3.1mi
6/10
San Francisco Public Montessori School
Public,•K-5•4.3mi
/10
Chinese Education Center
Public,•K-5•5.5mi
7/10
Hoover (Herbert) Middle School
Public,•6-8•0.6mi
8/10
Giannini (A.P.) Middle School
Public,•6-8•1.0mi
9/10
Lawton Alternative Elementary School
Public,•K-8•1.1mi
6/10
Aptos Middle School
Public,•6-8•1.2mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•1.3mi
6/10
Rooftop Elementary School
Public,•K-8•2.2mi
8/10
Presidio Middle School
Public,•6-8•2.6mi
3/10
San Francisco Community Alternative School
Public,•K-8•2.9mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•3.4mi
2/10
Revere (Paul) Elementary School
Public,•K-8•3.8mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•4.6mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•4.7mi
7/10
Lincoln (Abraham) High School
Public,•9-12•0.3mi
10/10
Lowell High School
Public,•9-12•0.9mi
6/10
Academy Of Arts And Sciences
Public,•9-12•1.7mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•1.7mi
7/10
Washington (George) High School
Public,•9-12•2.5mi
7/10
Balboa High School
Public,•9-12•2.7mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•3.2mi
3/10
Mission High School
Public,•9-12•3.2mi
2/10
Wells (Ida B.) High School
Public,•9-12•3.4mi
2/10
Jordan (June) School For Equity
Public,•9-12•3.5mi
3/10
O'connell (John) High School
Public,•9-12•3.8mi
2/10
S.F. International High School
Public,•9-12•4.1mi
2/10
Marshall (Thurgood) High School
Public,•9-12•4.4mi
1/10
Downtown High School
Public,•9-12•4.4mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•4.5mi
8/10
Galileo High School
Public,•9-12•5.2mi
Condition Rating
Fair
Built in 1950, this quadruplex shows a mix of conditions. While one unit features a 'newer kitchen' with modern cabinets, quartz countertops, and a contemporary backsplash, another kitchen displayed is significantly dated with original 1950s white cabinets, yellow/orange tiled countertops and backsplash, and older appliances. The bathroom shown also retains its original 1950s pink/red and beige tile work and fixtures, indicating it is functional but very outdated. Common areas and other units likely reflect a similar aged condition with 'some upgrades' rather than comprehensive renovations. The property is aged but maintained, requiring substantial updates to bring all units to modern standards, particularly in the kitchens and bathrooms.
Pros & Cons
Pros
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).
High Income-Generating Asset: A quadruplex with an additional unwarranted unit, currently generating over $102,000 in annual income, presenting a strong investment opportunity.
Prime Parkside Location: Situated in a vibrant neighborhood offering exceptional access to public parks, library, shopping, dining, and public transportation.
Investment & 1031 Exchange Potential: Explicitly identified as a compelling opportunity for first-time investors or those seeking a 1031 tax-deferred exchange.
Desirable Property Amenities: Features include two garage parking spots, a large backyard, and common coin-operated laundry, enhancing tenant appeal and convenience.
Access to Top-Rated Schools: Located near highly-rated public schools, including Lowell High School (rated 10) and Feinstein Elementary (rated 8), a significant draw for families.
Cons
Unwarranted Unit: The property includes an 'unwarranted unit,' which may present legal, permitting, or future compliance challenges and potential costs.
Limited Showing Availability: Showings are restricted to pre-arranged times with tenants over a two-week period, potentially complicating buyer access and due diligence.
Partial Property Upgrades: While some units have newer kitchens and general upgrades, the description suggests these are not comprehensive, implying further investment may be needed for full modernization.