271 Granada Avenue, San Francisco, CA 94112, San Francisco, 94112 - 1 bed, 1 bath
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San Francisco, CA 94112
This Major Development Opportunity is a strategic Value-Add Asset listed at $799,000, compared to a $739,285 Fair Market Value. The valuation reflects the high demand for buildable land in San Francisco’s Ingleside neighborhood. With a Condition Rating of 6, the existing structure requires a total rebuild, offering a 2,810-square-foot lot for vertical expansion. The site includes a deck and proximity to Lowell High School (10/10) and Chinese Immersion School (9/10), ensuring strong resale liquidity. This project is specifically tailored for Fix-and-Flip Investors and Contractors seeking a high-upside repositioning play.
Property is land value only, full reconstruction required.
Built in 1909 and marketed as a major development opportunity, this property is in a state of severe dilapidation. The exterior windows are boarded up, the interior features holes in the walls with exposed wiring, and the structure shows significant physical depreciation. The listing explicitly suggests a total rebuild or vertical expansion, indicating the current structure is likely unlivable and the value resides in the land and redevelopment potential.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property serves as a prime redevelopment opportunity with a generous lot size relative to the existing structure, offering potential for vertical expansion, reconfiguration, or a complete rebuild to maximize square footage.
Ideally situated within walking distance to Balboa Park BART, City College, and major amenities like Whole Foods, providing excellent connectivity and high rental or resale appeal.
The property is being sold in strict 'as-is' condition and requires a major overhaul, which will necessitate a substantial capital investment and a seasoned team of contractors.
Any expansion or redevelopment is subject to complex San Francisco zoning and permit approvals, which can be time-consuming and may impact the project's timeline and total cost.
Major Development Opportunity in Prime Ingleside Location! 271 Granada Avenue presents a rare chance for developers, contractors, and seasoned investors to reposition or rebuild in a well-established San Francisco neighborhood. This property requires significant renovation and is being sold strictly in its present as-is'' condition. Ideal for a full remodel, vertical expansion, reconfiguration, or potential redevelopment (buyer to independently verify zoning, density, height limits, setback requirements, and all permit possibilities). Situated on a residential block with strong upside potential, surrounded by renovated and expanded homes, this is a value-add project with long-term appreciation prospects. Conveniently located near Ocean Avenue amenities, within walking distance to Whole Foods Market and the iconic Beep's Burgers. Close proximity to Balboa Park BART Station and City College of San Francisco provides strong transit and rental appeal. Bring your architect, contractor, and vision capitalize on location, lot, and redevelopment potential in one of San Francisco's established growth corridors.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 3% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 710 | 1,409 | 3% |
| Lot Size | 2,809.62 | 2,500 | 70% |
| Price | $799.0K | $1.20M | 6% |
| Price per sq ft | $1.1K | $870 | 88% |
| Built year | 1909 | 1925 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 179 | 3% |
Mar 3, 2026
$799,000
Initial Listing
Jan 22, 2018
$705,000
Public Record
Aug 31, 2017
$580,000
Public Record
Aug 31, 2017
$317,000
Public Record
May 25, 2017
$580,000
Public Record