
San Francisco, CA 94109
This 1909 Victorian represents a Strong Value Opportunity, listed at $1,499,999—positioned well below the $1,581,417 Fair Market Value by 5%. This valuation gap offers $81,418 in Instant Equity. Currently configured as an office with a Condition Rating of 4, the property features NC-3 Zoning and significant residential conversion potential. With its private patio, decks, and period character, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to reimagine a historic San Francisco space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 271 Austin Street Subject | $1,499,999* List Price | 0 | 0 | 2,721 | $581 | - |
A 37 Glover Street Pending | $1,895,000 List Price | 0 | 0 | 2,678 | $708 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1909 and currently configured as an office, the property features dated commercial-grade finishes, including fluorescent lighting and a basic kitchenette likely over 20 years old. While the structure is well-maintained, it requires a residential conversion and significant updates to the kitchen, bathrooms, and systems to meet modern residential standards.
The NC-3 zoning offers exceptional versatility for residential conversion, commercial use, or a live-work setup, allowing investors to maximize the property's utility in a high-demand area.
Situated on a quiet one-block street, the property boasts a high walkability score with immediate access to Polk Street amenities and superior transit options including BART and the Van Ness BRT.
This well-maintained 1909 Victorian features three levels of bright interiors, a decorative glass skylight, and multiple outdoor spaces including a private patio, decks, and a rear yard.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2721, other record living area = 2086.
There is a significant discrepancy between the advertised 2,721 SF and the 2,086 SF reflected in tax records, which may complicate financing, appraisals, and valuation.
The property is sold as-is and currently configured as an office, requiring the buyer to navigate complex SF Planning permits and potential renovation costs for residential conversion.
Delivered vacant for the first time in two decades: a well-maintained three-level 1909 Victorian on a quiet one-block street just off Van Ness, currently office, with residential conversion potential. Approx. 2,721 SF - eight private offices, reception, two conference rooms, open work areas, a third-floor kitchen opening to a private patio, and generous storage. A bathroom on every floor. Period character and natural light throughout all three floors: double-hung windows, a decorative glass skylight over the top-floor light well, and a rear yard with decks. Flexible NC-3 zoning allows both residential and commercial use. Steps to the cafes, restaurants and shops of Polk Street, with excellent Muni, BART and Golden Gate Transit and the 49 Van Ness BRT nearby. Ready for its next chapter - occupy it, lease it, or reimagine it entirely. Come see it for yourself. Sold as-is. Buyer to verify square footage (tax record reflects 2,086 SF), permitted use, conversion feasibility and permits with SF Planning.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.8 |
| Baths | 0.0 | 4.0 |
| Square foot | 2,721 | 3,171.882 |
| Lot Size | 1,246 | 2,678.029 |
| Price | $1.50M | $2.08M |
| Price per sq ft | $551 | $709 |
| Built year | 1909 | 1925 |
| HOA | $0 | $0 |
| Days on market | 16 | 66 |
Aug 24, 2026
$1,499,999
Initial Listing
Jun 23, 2005
$1,600,000
Public Record