256 Hanover Street, San Francisco, CA 94112, San Francisco, 94112 - 3 bed, 3 bath
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256 Hanover Street
San Francisco, CA 94112
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,624Sq Ft
1,790Lot Size
Property Price
LIST PRICE$999,999
EST. MARKET VALUE
$1,108,595
9% BelowMARKET VALUE
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $999,999—positioned well below the $1,108,596 Fair Market Value by 9%. This valuation gap provides $108,597 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a functional, move-in ready layout with modern updates. Its strategic location near Balboa BART and major freeways ensures long-term demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-positioned San Francisco asset.
Estimated Market Value
$1,108,595+$108,596 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Francisco.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 256 Hanover Street Subject 3 bd · 3 ba · 1,624 sqft · $683 | $999,999* List Price | 3 | 3 | 1,624 | $683 | - |
A 140 Moneta Way Sold 4 bd · 3 ba · 1,760 sqft · $625 · 0.5 mi | $1,100,000 | 4 | 3 | 1,760 | $625 | 0.5 mi |
B 482 La Grande Avenue Sold 3 bd · 2 ba · 1,724 sqft · 1.0 mi | $899,000 List Price | 3 | 2 | 1,724 | 1.0 mi | |
C 573 Edinburgh Street Sold 2 bd · 2 ba · 1,466 sqft · $606 · 0.9 mi | $889,000 | 2 | 2 | 1,466 | $606 | 0.9 mi |
D 29 Concord Street Pending 3 bd · 2 ba · 1,435 sqft · $599 · 0.3 mi | $859,000 List Price | 3 | 2 | 1,435 | $599 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1959, the property is well-maintained and shows signs of updates, including newer double-pane windows and a modern garage door. The listing description highlights a blend of classic style and modern convenience, indicating it is functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated in the prime Crocker-Amazon area, the home offers exceptional proximity to Balboa BART, major freeways (101/280), and essential amenities like Whole Foods and McLaren Park.
- Desirable Layout
The 3-bedroom, 3-bathroom configuration across 1,624 square feet provides a highly functional and spacious living arrangement that is well-suited for families or multi-generational living.
- Competitive Entry Point
Listed at just under $1 million, this single-family residence represents a strong value proposition for the San Francisco market, appealing to first-time buyers and investors alike.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1790, living area = 1624.
- Limited Outdoor Space
With a lot size of only 1,790 square feet, the property offers very minimal yard or garden space, which may be a drawback for buyers prioritizing outdoor recreation.
- Permit and Measurement Uncertainty
The requirement for buyers to verify all measurements, permits, and uses suggests potential discrepancies in documented square footage or historical renovations that could complicate financing.
About 256 Hanover Street
Beautiful prime Crocker-Amazon-area home! This mid-century home blends classic style with modern convenience. This 3-bedroom, 3-bath residence (approximately 1,624 sq. ft.) is convenient to Muni, cafés, and parks. The 101 and 280 freeways, Mission Street shops and restaurants, Balboa BART Station, Whole Foods, McLaren Park, and Crocker Amazon Playground are all nearby. Buyers to verify all measurements, permits, and uses.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 1,790 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,624 | 1,757.739 |
| Lot Size | 1,790 | 2,673.006 |
| Price | $1000.0K | $1.97M |
| Price per sq ft | $616 | $1.2K |
| Built year | 1959 | 1931 |
| HOA | $0 | $176 |
| Days on market | 29 | 45 |
Pricing History
Listed for Sale
Sep 25, 2026
$999,999
Initial Listing