31 Middlefield Drive, San Francisco, CA 94132, San Francisco, 94132 - 2 bed, 1 bath
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San Francisco, CA 94132
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $939,796 Fair Market Value by 4%. This valuation gap offers $40,796 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full rehab of its 1942-era systems, yet the expansive lower-level garage offers significant Expansion Potential. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build value in the desirable Lakeshore neighborhood.
Property is extensive renovation needed.
Built in 1942 and described as 'ready to be reimagined,' this property retains mostly original period details and lacks modern updates. The garage photo reveals significantly aged HVAC and plumbing systems, and the absence of renovated kitchen or bath images suggests these areas are likely 30-50+ years old, requiring a full rehab to meet modern standards.
Situated in the highly desirable Lakeshore neighborhood, the property offers exceptional proximity to Lakeshore Plaza, Stern Grove, and Stonestown Galleria, ensuring high long-term value.
The expansive lower-level garage provides significant opportunities for future expansion or additional living space, offering substantial value-add potential for the buyer.
The home features classic period details such as original hardwood floors and a wood-burning fireplace, providing a charming and solid foundation for a custom renovation.
With only two bedrooms and one bathroom in the current 1,125 sqft footprint, the home may feel restrictive for modern family needs without immediate capital investment for expansion.
Marketed as a property to be 'reimagined' with virtual staging, the home likely requires significant updates to its 1942-era systems and finishes to meet contemporary standards.
Rare opportunity in the highly desirable Lakeshore neighborhood! Brimming with timeless charm and endless possibilities, this classic 2-bedroom, 1-bath residence is ready to be reimagined. Period details include beautiful hardwood floors, a wood-burning fireplace, and spacious living and dining rooms that provide a warm and inviting setting. There are stairs down to the expansive lower level which features a generous garage with abundant space offering exciting possibilities for future expansion or additional living space (buyer to investigate). A large, private backyard creates the perfect backdrop for entertaining, gardening, or designing your own outdoor sanctuary. Perfectly positioned just moments from Lakeshore Plaza, West Portal Village, Stern Grove, Lake Merced, Stonestown Galleria, and the conveniences of Sloat Boulevard, this exceptional property offers the ideal combination of location, character, and potential. A rare chance to create a custom home in one of San Francisco's most sought-after residential neighborhoods. Rooms with furniture in them are virtually staged.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,125 | - |
| Lot Size | 2,496 | - |
| Price | $899.0K | $2.02M |
| Price per sq ft | $799 | $1.2K |
| Built year | 1942 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 46 |
Jul 6, 2026
$899,000
Initial Listing