353 Rivera Street, San Francisco, CA 94116, San Francisco, 94116 - 3 bed, 4 bath
353 Rivera Street
San Francisco, CA 94116
Property Price
SUMMARY
Analysis of 353 Rivera Street, San Francisco, CA 94116 is currently available with a list price of $2,500,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property is currently in a 'gutted to the studs' state and is completely unlivable. It lacks all essential interior components including a kitchen, bathrooms, flooring, and finished walls. While the listing mentions approved plans and updated groundwork, the current condition requires a total rehabilitation and substantial construction to reach a habitable state.
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).
- Shovel-Ready Opportunity
The property is fully vacant and gutted to the studs with approved plans for a 2,674 sq. ft. home, significantly reducing the time and risk associated with San Francisco's permitting process.
- Exceptional Outdoor Living
The approved plans include a massive 1,357 sq. ft. roof deck, offering a rare and expansive private outdoor space that is highly coveted in the city.
CONSRISKS & DEFICIENCIES
- Significant Capital Outlay
As a 'gutted to the studs' project, the property requires a substantial secondary investment for construction and finishes beyond the $2.5M acquisition price.
- Limited View Profile
While the upper level offers ocean views, they are characterized as 'partial,' which may not satisfy buyers specifically seeking unobstructed panoramic vistas.
- Construction Timeline Risks
Despite having approved plans, the buyer remains subject to the volatility of construction material costs and labor availability required to complete a project of this scale.
About 353 Rivera Street
353 Rivera Street, San Francisco - Rare build-ready opportunity! Fully vacant and gutted to the studs, this property has cleared all red tags and comes with approved plans for a 2,674 sq. ft. two-story home plus a 1,357 sq. ft. roof deck. From the upper level, enjoy partial ocean views, while the groundwork has already been completed with updated electrical, plumbing, and compliance with California building standards. Positioned on a corner lot near parks and schools, this project is ideal for investors, developers, or end-users looking to create a dream residence in San Francisco.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1926
- Lot Size
- 2,077.81 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
West Portal Elementary School
Grades K-5 • 0.4 mi
Clarendon Alternative Elementary School
Grades K-5 • 0.9 mi
Jefferson Elementary School
Grades K-5 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 5.0 | 33% |
| Baths | 4.0 | 3.0 | 67% |
| Square foot | 2,073 | 2,322 | 33% |
| Lot Size | 2,077.81 | 2,077.81 | 50% |
| Price | $2.50M | $1.68M | 67% |
| Price per sq ft | $1.2K | $629 | 67% |
| Built year | 1926 | 1927 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 184 | 159 | 0% |
Pricing History
Listed for Sale
Feb 12, 2026
$2,500,000
$1,750,000
+43% Price Increase
Initial Listing
Price Change
Sep 4, 2025
$1,750,000
Initial Listing
Sold
May 6, 2025
$500
Public Record