2636-2638 3rd, San Francisco, CA 94107, San Francisco, 94107 - 4 bed, 2 bath
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2636-2638 3rd
San Francisco, CA 94107
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
2,220Sq Ft
3,036Lot Size
Property Price
LIST PRICE$1,800,000
EST. MARKET VALUE
$1,861,914
3% BelowMARKET VALUE
SUMMARY
This Residential Income Property presents a High-Potential Investment Opportunity with a List Price of $1,800,000—positioned well below the $1,861,914 Fair Market Value by 3%. This valuation gap offers $61,914 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the property is move-in ready with recent renovations. Located in the high-demand Dogpatch area with excellent transit access, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in a prime San Francisco corridor.
Estimated Market Value
$1,861,914+$61,914 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 |
|---|---|---|---|---|---|---|
★ 2636-2638 3rd Subject 4 bd · 2 ba · 2,220 sqft · $839 | $1,800,000* List Price | 4 | 2 | 2,220 | $839 | - |
A 566-568 Mississippi Street Pending 4 bd · 4 ba · 2,384 sqft · $837 · 0.4 mi | $1,995,000 List Price | 4 | 4 | 2,384 | $837 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property appears to have undergone a comprehensive renovation within the last 5 years, evidenced by the significant price increase since its 2022 sale. The exterior shows fresh paint, updated windows, and modern doors, indicating that kitchens, baths, and systems are likely in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- 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).
- Investment Potential
As a residential income property in the high-demand Dogpatch/Central Waterfront area, this 2,220 sqft building offers significant rental upside and versatile options for multi-generational living or dual-unit leasing.
- Transit-Oriented Location
Situated directly on the 3rd Street corridor, the property boasts exceptional access to the T-Third Street light rail, providing a seamless commute to downtown San Francisco, Mission Bay, and the Chase Center.
CONSRISKS & DEFICIENCIES
- Local School Ratings
The property is served by several schools with low performance ratings (1-3), which may be a deterrent for long-term family tenants or buyers prioritizing public education quality.
- Investment Yield Compression
At a $1.8M valuation for a 4-bedroom, 2-bathroom residential income setup, the entry price may result in a lower capitalization rate compared to other multi-unit investments in the San Francisco market.
About 2636-2638 3rd
Exceptional opportunity in San Francisco. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 0
- Lot Size
- 3,036 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Daniel Webster Elementary School
Grades K-5 • 0.5 mi
5/10
King (Starr) Elementary School
Grades K-5 • 0.6 mi
6/10
Malcolm X Academy
Grades K-5 • 1.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.6 |
| Baths | 2.0 | 4.0 |
| Square foot | 2,220 | 3,221.149 |
| Lot Size | 3,036 | 2,766.255 |
| Price | $1.80M | $2.13M |
| Price per sq ft | $811 | $697 |
| Built year | 0 | 1925 |
| HOA | $0 | $0 |
| Days on market | 16 | 53 |
Pricing History
Listed for Sale
Oct 8, 2026
$1,800,000
Initial Listing
Sold
Aug 11, 2022
$840,000
Public Record