2654 40th Avenue, San Francisco, CA 94116, San Francisco, 94116 - 2 bed, 2 bath
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San Francisco, CA 94116
This property presents a Strong Value Opportunity with a List Price of $1,288,000—positioned well below the $1,382,782 Fair Market Value by 6%. This valuation gap offers $94,782 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full renovation, providing a blank canvas for value-add improvements. Located near top-rated schools like Lowell High School and Ulloa Elementary, this is a prime acquisition for Fix-and-Flip Investors or Contractors seeking to build significant equity in the Sunset District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2654 40th Avenue Subject | $1,288,000* List Price | 2 | 2 | 1,547 | $894 | - |
A 2801 35th Avenue Sold | $1,550,000 | 2 | 1 | 1,478 | $1,049 | 0.3 mi |
B 2434 46th Avenue Pending | $1,295,000 List Price | 2 | 2 | 1,514 | $855 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948 with no mentioned updates, the property suffers from significant deferred maintenance. The listing explicitly targets contractors and investors for a full renovation, indicating that the kitchen, baths, and systems are likely original or severely outdated and in need of a complete rehab.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Ideally situated in a highly sought-after neighborhood near Ocean Beach, Golden Gate Park, and major commuter routes, offering a quintessential San Francisco lifestyle.
With a functional 1,547 sqft floor plan and deferred maintenance, this property serves as an excellent canvas for contractors or investors to build substantial equity through renovation.
The property suffers from deferred maintenance and requires significant modernization and repairs, which will necessitate a substantial additional capital investment.
Sold strictly in its present condition, the property may present challenges for traditional financing and requires a buyer willing to assume all responsibility for existing defects.
Exceptional opportunity in San Francisco's highly desirable Sunset District. This 2-bedroom, 2-bath residence offers an excellent canvas for buyers seeking to renovate, modernize, and create a home tailored to their personal vision. Featuring a functional floor plan, generous living spaces, and strong underlying potential, this property presents a rare chance to acquire a home in an established neighborhood with significant upside. The home has experienced deferred maintenance and is ready for updates, making it ideal for contractors, investors, or owner-occupants looking to build equity through improvements. Whether restoring its original charm or reimagining the space with contemporary finishes, the possibilities are abundant. Ideally situated near neighborhood shopping, restaurants, schools, public transportation, Golden Gate Park, Ocean Beach, and major commuter routes, the location offers the best of San Francisco living. Opportunities to customize a property in such a sought-after location are increasingly rare. Bring your creativity, vision, and design ideas to transform this property into something truly special. Property to be sold in its present As-Is condition.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,547 | - |
| Lot Size | 3,001 | - |
| Price | $1.29M | $2.02M |
| Price per sq ft | $833 | $1.2K |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 44 | 46 |
Jun 8, 2026
$1,288,000
Initial Listing