
San Francisco, CA 94116
This property presents a High-Potential Investment Opportunity with a List Price of $998,888—positioned well below the $1,277,583 Fair Market Value by 21%. This valuation gap offers $278,695 in Instant Equity for buyers prepared to address the Fair Condition Rating. Located in the Outer Parkside near top-rated schools like Lowell High, this asset offers significant upside for those capable of modernizing the 1948 structure. It is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize value in a premier coastal neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2726 40th Avenue Subject | $998,888* List Price | 3 | 2 | 1,512 | $845 | - |
A 2654 40th Avenue Active | $1,288,000 List Price | 2 | 2 | 1,547 | $833 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948 (76 years old) with no mention of recent renovations to the kitchen, bathrooms, or major systems. The listing description uses industry terms like 'investment opportunity' and 'endless potential,' which typically indicate a property requiring significant rehab and modernization to meet current safety and aesthetic standards.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in the highly sought-after Outer Parkside neighborhood, the property offers an exceptional lifestyle with immediate proximity to Ocean Beach, the San Francisco Zoo, and Stern Grove.
The home is located near some of the city's highest-rated schools, including Ulloa Elementary (9/10) and Lowell High School (10/10), providing significant long-term value for families.
Marketed as an 'investment opportunity' with 'endless potential,' the property likely requires substantial capital expenditure for modern updates and repairs.
The 1948 construction and proximity to the ocean may necessitate frequent maintenance to address the effects of salt air and the aging of original mid-century systems.
Rare investment opportunity in the highly sought-after Outer Parkside neighborhood! This classic Mid-Century 3-bedroom, 2-bath home offers endless potential in one of San Francisco's premier coastal communities. Enjoy an exceptional lifestyle just moments from Ocean Beach, San Francisco Zoo, and Stern Grove. Commuting is effortless with nearby Muni service providing convenient access to Downtown San Francisco, while shopping, dining, and everyday amenities are all close by. Families will appreciate the proximity to highly regarded schools, including St. Ignatius College Prep. An outstanding opportunity to invest in this prime location.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,512 | 1,711.807 |
| Lot Size | 2,997 | 2,637.135 |
| Price | $998.9K | $1.93M |
| Price per sq ft | $661 | $1.2K |
| Built year | 1948 | 1932 |
| HOA | $0 | $85 |
| Days on market | 35 | 48 |
Aug 5, 2026
$998,888
Initial Listing
Oct 20, 1995
$230,000
Public Record