271 Granada Avenue, San Francisco, CA 94112, San Francisco, 94112 - 1 bed, 1 bath

271 Granada Avenue, San Francisco, CA 94112 home-pic-0

271 Granada Avenue

San Francisco, CA 94112

ACTIVE
CONDITION: TEAR DOWN
1Beds
1Baths
710Sq Ft
2,809.62Lot Size

Property Price

LIST PRICE$949,000
EST. MARKET VALUE
$839,160
11% AboveMARKET VALUE

SUMMARY

Analysis of 271 Granada Avenue, San Francisco, CA 94112 reveals a property with a current list price of $949,000, which is 11% above the estimated $839,160 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.

Estimated Market Value

$839,160
Based on Realkey algorithm analyzing recent comparable sales in San Francisco.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
271 Granada Avenue
Subject
$949,000*
List Price
11710$1,182-
A
86 Ellington Ave
Sold
$960,00021900$1,0671.0 mi
B
258 Flood Avenue
Active
$990,000
List Price
11820$1,2070.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

Built in 1909 and explicitly described as a 'major fixer-upper' and 'blank canvas,' this property is in an unlivable condition. The images reveal extreme disrepair, including boarded-up windows, severely peeling paint, dilapidated exterior structures, and an interior glimpse of a very old, likely non-functional kitchen and outdated systems. The property's value is clearly based on its land and redevelopment potential (RH-2 zoning for multiple units), rather than the existing structure, which appears to be beyond economical repair.

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).

  • Significant Development Potential

    Zoned RH-2, allowing for two-family dwellings and ADUs, with prior permits to accommodate a total of 3 units (7 bedrooms, 5 bathrooms, 2,340 SQFT), offering substantial value-add opportunities for investors.

  • Exceptional Location & Accessibility

    Situated in San Francisco's desirable Ingleside neighborhood with an excellent Walk Score of 89 and Transit Score of 82, indicating high convenience for daily errands and public transport.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Required

    Explicitly marketed as a 'major fixer-upper,' indicating significant capital investment, time, and effort will be needed to bring the property to modern living standards.

  • Limited Current Living Space

    The existing structure is a small 1 bedroom, 1 bathroom, 710 SQFT unit, which is not suitable for most families or tenants without substantial expansion and renovation.

  • Age and Potential for Outdated Systems

    Built in 1909, the property likely has outdated infrastructure (plumbing, electrical, HVAC) and may require extensive upgrades to meet current building codes and buyer expectations.

About 271 Granada Avenue

Investor's Dream in San Francisco! Welcome to 271 Granada Ave, a prime investment opportunity nestled in the heart of San Francisco's Ingleside neighborhood. This single-family residence, built in 1909, is a major fixer-upper with immense potential for the right buyer. Property Highlights: Investment Potential: Ideal for investors looking to renovate and capitalize on the booming San Francisco real estate market. Walkable Neighborhood: Enjoy a Walk Score of 89, with parks, shops (including Whole Foods Market), and dining options just steps away. Excellent Transit: Convenient access to public transportation with a Transit Score of 82. The streetcar on Ocean Avenue leads to both SF State University and SF City College. Close to Freeway 280: Easy access to Freeway 280, making commuting a breeze. Zoning: Zoned RH-2, allowing for two-family dwellings and ADUs. The property had permits to accommodate a total of 3 units, featuring 7 bedrooms and 5 bathrooms, spanning 2,340 SQFT. Garage: The garage can accommodate 2 cars and 3 bicycles. This property is a blank canvas waiting for your innovative touch. Don't miss out on this rare opportunity to invest in a piece of San Francisco's history!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1909
Lot Size
2,809.62 Sq. Ft.

Interior

Total Bedrooms
1
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

San Francisco Unified Schools

Sheridan Elementary School

Grades K-5 • 0.6 mi

2/10

Sunnyside Elementary School

Grades K-5 • 0.7 mi

6/10

Ortega (Jose) Elementary School

Grades K-5 • 0.7 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.03.0
3%
Baths1.02.0
37%
Square foot7101,352
9%
Lot Size2,809.622,500
70%
Price$949.0K$1.13M
20%
Price per sq ft$1.3K$816
98%
Built year19091925
16%
HOA$0$0
50%
Days on market577177
0%

Pricing History

Listed for Sale

Aug 7, 2024

$949,000

Initial Listing

Sold

Jan 22, 2018

$705,000

Public Record

Sold

Aug 31, 2017

$580,000

Public Record

Sold

Aug 31, 2017

$317,000

Public Record

Sold

May 25, 2017

$580,000

Public Record

Browse Properties by State Browse housing market trends by state