
San Francisco, CA 94116
This Versatile Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,998,000—positioned well below the $2,428,930 Fair Market Value by 17%. This valuation gap provides $430,930 in Instant Equity. Featuring a Fair Condition Rating and a Legal Guest Suite, the property offers significant flexibility for rental income or multi-generational living. Located near Top-Rated Schools like Lowell High and Chinese Immersion, 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 |
|---|---|---|---|---|---|---|
★ 2511 22nd Avenue Subject 5 bd · 4 ba · 2,520 sqft · $964 | $1,998,000* List Price | 5 | 4 | 2,520 | $964 | - |
A 2447 24th Avenue Sold 4 bd · 2 ba · 1,850 sqft · $1,000 · 0.1 mi | $1,850,000 | 4 | 2 | 1,850 | $1,000 | 0.1 mi |
B 2555 20th Avenue Sold 3 bd · 2 ba · 2,519 sqft · $963 · 0.1 mi | $2,425,000 | 3 | 2 | 2,519 | $963 | 0.1 mi |
C 2155 32nd Avenue Sold 3 bd · 2 ba · 2,276 sqft · $914 · 0.7 mi | $2,080,000 | 3 | 2 | 2,276 | $914 | 0.7 mi |
D 2283 30th Avenue Sold 3 bd · 3 ba · 1,820 sqft · $989 · 0.6 mi | $1,800,000 | 3 | 3 | 1,820 | $989 | 0.6 mi |
E 2231 14th Avenue Sold 3 bd · 2 ba · 1,834 sqft · $1,022 · 0.6 mi | $1,875,000 | 3 | 2 | 1,834 | $1,022 | 0.6 mi |
F 500 Rivera Street Pending 4 bd · 3 ba · 2,325 sqft · $816 · 0.6 mi | $1,898,000 List Price | 4 | 3 | 2,325 | $816 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property underwent a full gut renovation in 2004, making the primary systems and interior finishes 22 years old. While the home is exceptionally well-maintained and functional, the kitchen cabinetry, tile work, and appliances reflect a 15-30 year renovation cycle, placing it in the 'Fair' category despite its move-in ready appearance.
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 expansive lower level features a legal guest suite with a separate street-level entrance, offering exceptional flexibility for rental income, multi-generational living, or a private home office.
Completely gutted and rebuilt in 2004, the property offers the structural integrity and updated systems of a modern build while retaining its classic 1920s architectural charm.
Despite the long driveway, the property only features a single-car garage, which may be a drawback for a five-bedroom household with multiple vehicles requiring secure storage.
Situated in the Parkside neighborhood, the property offers a quieter residential atmosphere but entails a longer commute to San Francisco's primary financial and tech hubs compared to more central districts.
Classic Parkside Charm Meets Modern Comfort! Beautifully blending timeless character with modern upgrades, this fully detached Parkside home sits on a generous 3,600 sq. ft. lot and offers abundant natural light, hardwood floors, and a warm, inviting atmosphere. Completely gutted and rebuilt in 2004, the home features refined finishes and a thoughtfully designed layout. The main level offers three bedrooms and two bathrooms, including a primary suite with a private bath. An elegant formal dining room and a welcoming living room with a wood-burning fireplace complete the inviting living space. An interior staircase leads to an expansive lower level featuring a legal guest quarter with two bedrooms, a family room, an office, a workshop, and two bathrooms. A separate street-level side entrance provides added flexibility for extended family, guests, or potential rental use, subject to applicable regulations. Additional highlights include a one-car garage, a deep driveway with parking for two additional vehicles, and a flat, landscaped backyard ideal for outdoor relaxation and entertaining. Ideally located near Stern Grove and Pine Lake Park, with convenient access to Muni K, L, and M lines, neighborhood cafs, shops, and everyday amenities. Enjoy a wonderful combination of classic San Francisco character, modern comfort, and versatile living space in the desirable Parkside neighborhood.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,520 | 1,757.739 |
| Lot Size | 3,600 | 2,673.006 |
| Price | $2.00M | $1.97M |
| Price per sq ft | $793 | $1.2K |
| Built year | 1924 | 1931 |
| HOA | $0 | $176 |
| Days on market | 17 | 45 |
Oct 8, 2026
$1,998,000
Initial Listing
Dec 10, 2003
$575,000
Public Record