2911 Folsom Street, San Francisco, CA 94110, San Francisco, 94110 - 0 bed, 0 bath
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2911 Folsom Street
San Francisco, CA 94110
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,630Sq Ft
2,809Lot Size
Property Price
LIST PRICE$1,500,000
EST. MARKET VALUE
$1,479,906
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,500,000—positioned slightly above the $1,479,907 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and existing ADU-ready basement provide a clear path to forced appreciation. Located in the heart of the Mission District, this Duplex Asset offers immediate rental income and significant value-add potential. This is a strategic acquisition ideal for Buy-and-Hold Investors or Value-Add Developers looking to capitalize on deep rental demand.
Estimated Market Value
$1,479,906
Based on Realkey algorithm analyzing recent comparable sales in San Francisco.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2911 Folsom Street Subject 0 bd · 0 ba · 3,630 sqft · $408 | $1,500,000* List Price | 0 | 0 | 3,630 | $408 | - |
A 2822-2824 Bryant Street Sold 4 bd · 1 ba · 3,338 sqft · $364 · 0.3 mi | $1,215,000 | 4 | 1 | 3,338 | $364 | 0.3 mi |
B 33 Precita Avenue Sold 4 bd · 1 ba · 3,720 sqft · $323 · 0.4 mi | $1,200,000 | 4 | 1 | 3,720 | $323 | 0.4 mi |
C 952 York Street Sold 8 bd · 4 ba · 3,490 sqft · $444 · 0.5 mi | $1,550,000 | 8 | 4 | 3,490 | $444 | 0.5 mi |
D 3053-3059 Cesar Chavez Active 8 bd · 4 ba · 3,500 sqft · $428 · 0.2 mi | $1,498,000 List Price | 8 | 4 | 3,500 | $428 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1907 and sold 'as-is,' this property is marketed as a 'value-add' opportunity. The listing explicitly states that the high-end interior and exterior photos are AI-generated conceptual renderings; the actual condition is dated, requiring updates to kitchens and bathrooms to meet modern standards.
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).
- Prime Mission District Location
Situated in the heart of the Mission, the property is steps from Valencia Street's dining and boutiques, Dolores Park, and major transit hubs, ensuring sustained high rental demand.
- Significant Value-Add Potential
With an improved basement ready for a future ADU and generous full-floor layouts, there is substantial upside for investors to increase density and equity through thoughtful renovation.
CONSRISKS & DEFICIENCIES
- Regulatory & Tenant Constraints
The property is subject to the San Francisco Rent Ordinance and is fully occupied, which limits immediate rent increases to market rates and restricts owner-occupancy options.
- As-Is Trustee Sale Condition
Sold as-is via a trustee sale, the property likely requires significant capital expenditure for modernization and repairs that are not addressed by the seller.
About 2911 Folsom Street
Opportunity knocks! This is an incredible chance to own a classic San Francisco duplex in San Francisco. 2911 Folsom Street in the Mission District has two full-floor flats/apartments, each with generous proportions and a formal dining room, set within the timeless architecture that defines San Francisco living. Lower unit is 3-bed 1 bath with a formal separate dinning room currently used as additional (4) bedroom. Upper unit is 3-bed 1 bath with a formal separate dinning room. Additionally, the basement has been improved to accommodate future ADU living. A longer 1 car garage and storage is also provided, plus street parking. The property is fully tenant-occupied and offers in-place income today. It also has tremendous value-add upside for the investor with vision, as the conceptual renderings show what thoughtful future improvements could achieve, subject to tenant rights and applicable San Francisco regulations. The location speaks for itself. You're steps from the acclaimed restaurants, cafs, and boutiques of Valencia, Mission, and 24th Streets, the celebrated murals of Balmy and Clarion Alleys, Dolores Park, and historic Mission Dolores. Nearby BART and major Muni lines connect easily to downtown, SoMa, and the Peninsula, which fuels deep and lasting rental demand. Opportunities like this in the Mission don't come along often. This is a trustee sale offered as-is, and the property is subject to the San Francisco Rent Ordinance. Photos have been digitally decluttered to protect the tenants privacy, and several include AI-generated conceptual renderings that don't depict current condition. Please don't disturb the tenants.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1907
- Lot Size
- 2,809 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Chavez (Cesar) Elementary School
Grades K-5 • 0.3 mi
3/10
Moscone (George R.) Elementary School
Grades K-5 • 0.4 mi
5/10
Bryant Elementary School
Grades K-5 • 0.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 4.0 |
| Square foot | 3,630 | 3,221.149 |
| Lot Size | 2,809 | 2,766.255 |
| Price | $1.50M | $2.13M |
| Price per sq ft | $413 | $697 |
| Built year | 1907 | 1925 |
| HOA | $0 | $0 |
| Days on market | 25 | 53 |
Pricing History
Listed for Sale
Sep 29, 2026
$1,500,000
Initial Listing