
San Francisco, CA 94121
This High-Potential Investment Opportunity is listed at $1,825,000, positioned well below the $1,896,951 Fair Market Value by 3%. This valuation gap offers $71,951 in Instant Equity. Featuring a Condition Rating of 3, this RH-2 Zoned duplex includes a vacant unit, providing immediate lease-up potential. With Top-Rated Schools like Lafayette Elementary and Presidio Middle nearby, plus a private rear yard and park view, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating asset in San Francisco.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32393241 Clement Street Subject | $1,825,000* List Price | 0 | 0 | 3,400 | $558 | - |
A 814-816 25th Avenue Sold | $2,120,000 | 4 | 2 | 3,100 | $684 | 0.7 mi |
B 171 23rd Avenue Sold | $2,125,000 | 5 | 2 | 3,220 | $660 | 0.6 mi |
C 563-565 20th Avenue Sold | $1,300,000 | 4 | 2 | 3,210 | $405 | 0.8 mi |
D 463 23rd Avenue Sold | $2,150,000 | 8 | 0 | 3,890 | $553 | 0.6 mi |
E 870-872 33rd Avenue Sold | $1,550,000 | 8 | 6 | 2,929 | $529 | 0.6 mi |
F 1827 Clement Street Sold | $1,649,500 | 4 | 4 | 3,054 | $540 | 0.8 mi |
G 891-893 45th Avenue Sold | $1,320,000 | 4 | 2 | 2,600 | $508 | 0.9 mi |
H 740-742 37th Avenue Active | $1,400,000 List Price | 6 | 4 | 3,240 | $432 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1927, the property shows evidence of significant updates, particularly a modern kitchen with contemporary white cabinetry, stone countertops, and stainless steel appliances. The interior features refinished hardwood floors and well-preserved architectural details. Systems appear functional with separate metering for gas and electricity and individual water heaters, making the vacant unit move-in ready for market-rate leasing.
Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property features one vacant unit, providing a rare opportunity for an owner-user to move in or for an investor to immediately lease at current market rates without initial rent control limitations.
Built in 1927, this 3,400 sqft duplex boasts significant period character including refinished hardwood floors, decorative fireplaces, sun rooms, and formal dining areas that appeal to high-end tenants.
As a 1927 wood and stucco construction, the building may require substantial ongoing maintenance or capital improvements to modernize systems and ensure structural longevity.
While gas and electricity are separately metered, the owner remains responsible for water, sewer, and garbage, which are rising municipal costs that impact net operating income.
Huge Duplex with one vacant unit! 3239-3241 Clement Street presents a compelling multifamily investment opportunity in San Francisco. Offered at $1,825,000, this two-unit property delivers immediate income stability alongside a clear path to enhanced returns through a vacant unit positioned for market-rate lease-up. Built in 1927 and zoned RH-2, the property is approximately 3,400 square feet on a 0.06-acre lot, featuring classic wood and stucco construction. The unit mix consists of two spacious 2-bedroom, 2-bathroom flats with an additional office, refinished hardwood floors, decorative fireplaces, formal dining areas, sun rooms, and generous living spaces that reflect the architectural character of classic San Francisco multifamily product. The property also includes a private rear yard, garage parking, and on-site laundry. One vacant unit is currently positioned at market rent, offering day-one upside for an owner-user or investor to occupy, re-tenant, or reposition while the remaining occupied unit maintains stable income. Each unit is separately metered for gas and electricity with individual water heaters; ownership is responsible only for water, sewer, garbage, and common area utilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,400 | - |
| Lot Size | 2,500 | - |
| Price | $1.82M | $2.06M |
| Price per sq ft | $537 | $729 |
| Built year | 1927 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 62 |
Jun 17, 2026
$1,825,000
Initial Listing