2395 47th Avenue, San Francisco, CA 94116, San Francisco, 94116 - 2 bed, 1 bath
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San Francisco, CA 94116
This Rare Corner-Lot Value-Add Property is listed at $995,000, representing a stable entry point at its $990,970 Fair Market Value. Holding a Dated Condition Rating, the home offers significant upside through redevelopment or modernization. The layout includes a 2-bedroom upper level with peek-a-boo ocean views and a separate 1-bedroom garden unit for income. Subject to tenant rights and situated steps from Ocean Beach and Lowell High (10/10), this coastal residence balances investment potential with lifestyle appeal. It is a strategic find for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2395 47th Avenue Subject | $995,000* List Price | 2 | 1 | 938 | $1,056 | - |
A 2701 43Rd Ave Active | $1,099,000 List Price | 3 | 2 | 1,142 | $962 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952 and featuring 'period details,' this property is significantly dated (over 20 years since any major renovation). While described as 'functional' with hardwood floors, the listing explicitly suggests 'value-add improvements' and 'redevelopment,' indicating that the kitchen, baths, and systems likely need updates to meet modern 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).
Situated just steps from Ocean Beach and the Taraval Street corridor, this property offers an enviable coastal lifestyle with immediate access to local dining, shops, and the Muni L Taraval line.
The lower-level 1-bedroom garden unit with a separate gated entrance provides a versatile opportunity for rental income, multi-generational living, or a significant value-add expansion.
The sale is subject to existing tenant rights, which may present challenges for buyers seeking immediate owner-occupancy or those looking to perform extensive renovations.
The shared garage is currently utilized for storage rather than dedicated vehicle parking, which may be a drawback for residents requiring secure, private parking in San Francisco.
Prime Outer Sunset! Welcome to this rare corner-lot property just steps from Ocean Beach, offering exceptional potential. This light-filled Outer Sunset residence features a 2-bedroom, 1-bath upper level with period details, hardwood floors, and a functional living/dining layout. Enjoy a skylit bathroom and subtle peek-a-boo Pacific Ocean views that enhance the home's coastal appeal. The lower level includes a separate 1-bedroom, 1-bath garden unit with gated side entrance ideal for rental income, extended family, or possible expansion. This flexible layout presents a compelling opportunity for value-add improvements or redevelopment (buyer to verify). Additional highlights include shared garage access (currently used for storage) and a highly desirable location near Ocean Beach, Taraval Street shops and dining, with convenient access to public transit including the Muni L Taraval line. *Sale is Subject to Tenant(s) rights.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 30% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 938 | 1,485 | 4% |
| Lot Size | 1,437 | 2,688 | 4% |
| Price | $995.0K | $1.80M | 2% |
| Price per sq ft | $1.1K | $1.1K | 40% |
| Built year | 1952 | 1942 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 156 | 2% |
Mar 10, 2026
$995,000
Initial Listing