339 Melrose Avenue, San Francisco, CA 94127, San Francisco, 94127 - 5 bed, 3 bath
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San Francisco, CA 94127
This Spacious View Residence is a High-Potential Investment Opportunity, listed at $2,388,000—positioned well below the $2,717,398 Fair Market Value by 12%. This valuation gap provides $329,398 in Instant Equity for a property in Good Condition. The 3,960 sqft layout features panoramic Bay and ocean views, an updated stadium kitchen, and multigenerational living potential with two kitchens across three levels. Located in Sunnyside near Glen Park, it balances significant scale with financial upside. This is an ideal acquisition for Owner-Occupants seeking long-term wealth or multigenerational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 339 Melrose Avenue Subject | $2,388,000* List Price | 5 | 3 | 3,960 | $701 | - |
A 55 Upland Drive Sold | $2,757,809 | 6 | 5 | 3,762 | $733 | 0.7 mi |
B 126 Aptos Avenue Pending | $2,295,000 List Price | 6 | 3 | 3,040 | $755 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1974, the property is move-in ready with significant updates. It features a modern 'stadium' kitchen with stainless steel appliances, updated bathrooms, and contemporary flooring throughout. The description notes 'strong bones' and 'updated' spaces, placing it in the 5-15 year renovation window for a 'Good' rating, though some original 1970s elements like the fireplace masonry remain.
The property features sweeping Bay to ocean views from its hillside position, complemented by large windows and a view deck that maximize natural light throughout the upper level.
With a three-level layout including five bedrooms and two kitchens, the home offers exceptional flexibility for extended families, guest quarters, or a dedicated home office setup.
Boasting nearly 4,000 square feet of living space, this residence provides a rare scale for the Sunnyside neighborhood, offering generous room sizes and strong bones for future customization.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4894, living area = 3960.
The steep hillside location may present challenges regarding accessibility and the maintenance of terraced outdoor spaces compared to traditional flat lots.
Perched on a hillside in San Francisco's Sunnyside neighborhood, 339 Melrose Ave offers sweeping Bay to ocean views and exceptional potential. This move in ready 3 level home features 5 bedrooms total and 3 baths, plus 2 kitchens w/a flexible layout suited for multigenerational living, renovation, or reimagining. The upper level showcases a spacious living area w/fireplace, large windows, and direct access to a view deck, filling the home w/natural light. The updated open stadium kitchen and dining area flow easily for everyday living and al fresco decked entertaining. The primary suite serves as a private retreat with an ensuite bath and walk-in closet, complemented by a second bedroom with its own walk-in closet, a hall bath, and a third bedroom or office. The 2 Lower Levels offer 2 additional bedrooms and a full kitchen, recreation space, along with an updated bath, a versatile space for guests, office, or extended living. The house stands on a lot that offers the possibility for terraced gardening, multiple patios, or playground areas. Generous sq ft & strong bones create a rare opportunity to customize a view property in a prime location. Sunnyside offers a quiet residential feel with easy access to Glen Park, Noe Valley, BART, and major commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 90% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,960 | 2,280 | 95% |
| Lot Size | 4,894 | 3,785 | 76% |
| Price | $2.39M | $2.42M | 41% |
| Price per sq ft | $603 | $1.1K | 2% |
| Built year | 1974 | 1931 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 148 | 2% |
Apr 22, 2026
$2,388,000
Initial Listing
Jul 25, 2007
$1,070,000
Public Record