262 Castro Street, San Francisco, CA 94114, San Francisco, 94114 - 2 bed, 2 bath

262 Castro Street, San Francisco, CA 94114 home-pic-0

262 Castro Street

San Francisco, CA 94114

ACTIVE UNDER CONTRACT
CONDITION: TEAR DOWN
2Beds
2Baths
Sq Ft
3,360Lot Size

Property Price

LIST PRICE$2,599,000

SUMMARY

Analysis of 262 Castro Street, San Francisco, CA 94114 is currently available with a list price of $2,599,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

The property is explicitly marketed as a development opportunity with approved plans for four new residences. The provided images are digital renderings of the proposed project rather than the current state of the property. The value is based on the land and redevelopment potential, as the existing cottage is intended to be replaced by the new development.

PROSSTRENGTHS & OPPORTUNITIES

CONSRISKS & DEFICIENCIES

About 262 Castro Street

Incredible development opportunity in Corona Heights! 262 Castro St has approved plans that are paid for and ready to be picked up from DBI (per seller). This parcel must be sold and developed with the adjacent parcel which also has approved plans, 260 Castro St. This double lot development has architectural plans crafted by Geddes Ulinskas Architects and calls for the development of four residences totaling 7,828 sq. ft.: a) two 3-bedroom condominiums at 1,963 sq. ft. and 1,787 sq. ft., b) one 2-bedroom standalone single family home cottage at 1,680 sq. ft., and c) one 3-bedroom single-family home at 2,398 sq. ft. The homes will include Downtown VIEWS as well as 1-car parking for each home. Roof decks, terraces, and gardens are included in the plans. A 2-bedroom, 1-bathroom single family home currently sits at the front of 260 Castro St, and a 2-bedroom, 2-bathroom single family cottage sits at the rear of the parcel of 262 Castro St. Located in a highly-sought after location at the axis of Corona Heights, The Castro, and Duboce Triangle, the location of this opportunity affords the developer to command a premium price for the completed homes. The full construction package includes shoring and interior design plans. Images are digital renderings, buyers to investigate.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
-
Lot Size
3,360 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
25%
Baths2.02.0
50%
Square foot-1,856
13%
Lot Size3,3602,664.47
87%
Price$2.60M$2.55M
51%
Price per sq ft$0$1.3K
13%
Built year-1904
9%
HOA$0$0
50%
Days on market166186
34%

Pricing History

Listed for Sale

Sep 22, 2025

$2,599,000

Initial Listing

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