297 Richland Avenue, San Francisco, CA 94110, San Francisco, 94110 - 5 bed, 4 bath
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San Francisco, CA 94110
This triplex presents a High-Potential Investment Opportunity with a List Price of $1,495,000—positioned well below the $1,505,803 Fair Market Value by 0.72%. This valuation gap offers $10,803 in Instant Equity. With a Condition Rating of 5, the property requires a full restoration, offering significant upside for Buy-and-Hold Investors or Contractors. Its Bernal Heights location near top-rated schools and Cortland Avenue ensures strong long-term rental demand for this versatile three-unit residential asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 297 Richland Avenue Subject | $1,495,000* List Price | 5 | 4 | 3,135 | $443 | - |
A 637 San Jose Avenue Pending | $1,500,000 List Price | 5 | 3 | 3,601 | $417 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1914 and explicitly marketed as a 'fixer opportunity,' this property requires a full restoration. The exterior shows signs of deferred maintenance, and the description suggests the kitchens, baths, and systems are likely outdated or non-functional, necessitating a complete rehab to meet modern standards.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).
Ideally situated just moments from Holly Park and the popular Cortland Avenue corridor, this property offers exceptional access to local amenities, ensuring high desirability and strong rental demand.
The triplex layout, featuring a two-unit front building and a detached rear single-family-style dwelling, provides excellent flexibility for rental income, owner-occupancy, or multi-generational living.
As a 'fixer opportunity,' the property requires significant capital investment to modernize systems and finishes, which may be a barrier for buyers seeking a move-in ready investment.
With three units occupying a 2,012-square-foot lot, there is minimal private or shared outdoor space, a common trade-off for high-density urban living in this neighborhood.
Promising fixer opportunity in the heart of Bernal Heights, just moments from Holly Park. This three-unit residential property consists of a two-unit front building (each unit offering 2 bedrooms, 1-bathroom, traditional living and dining rooms, and garage parking) and a detached rear single-family-style dwelling featuring 1 bedroom, 1 bathrooms, a living room, and garage parking. The residences feature classic San Francisco period character, including inlay flooring, bay windows, and abundant natural light throughout. Select units enjoy neighborhood outlooks and proximity to nearby green space. Ideally located near Holly Park, Precita Park, and the vibrant shops, cafes, and restaurants along Cortland Avenue. This property offers exceptional access to some of Bernal Heights' most desirable amenities. A rare opportunity to restore, reimagine, or reposition a well-located three-unit property with strong long-term upside.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,135 | - |
| Lot Size | 2,012 | - |
| Price | $1.50M | $2.06M |
| Price per sq ft | $477 | $729 |
| Built year | 1914 | 0 |
| HOA | $0 | $0 |
| Days on market | 68 | 62 |
May 15, 2026
$1,495,000
Initial Listing
Jan 31, 2011
$600,000
Public Record