353 Rivera Street, San Francisco, CA 94116, San Francisco, 94116 - 3 bed, 4 bath
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San Francisco, CA 94116
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.
Property is extensive renovation needed.
The property is currently in a shell state, fully gutted to the studs with no functional kitchen, bathrooms, flooring, or interior wall finishes. While the listing notes approved plans and some updated groundwork, it is currently uninhabitable and requires a complete interior reconstruction and substantial rehabilitation to meet living 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).
The property is fully vacant, gutted to the studs, and features approved plans for a 2,674 sq. ft. home with all red tags cleared, significantly accelerating the development timeline in a restrictive market.
Approved plans include a massive 1,357 sq. ft. roof deck with partial ocean views, providing a rare and high-value amenity that distinguishes the property from standard neighborhood residences.
As a shell gutted to the studs, the project requires significant additional capital investment and construction management, which may limit the buyer pool to experienced developers or well-funded end-users.
With over 220 days on the market and a recent significant price increase from $1.75M to $2.5M, the property may face appraisal challenges or buyer hesitation regarding its current valuation.
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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 5.0 | 25% |
| Baths | 4.0 | 3.5 | 50% |
| Square foot | 2,073 | 2,656 | 25% |
| Lot Size | 2,077.81 | 2,537.37 | 50% |
| Price | $2.50M | $1.57M | 75% |
| Price per sq ft | $1.2K | $554 | 75% |
| Built year | 1926 | 1938 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 230 | 195 | 0% |
Feb 12, 2026
$2,500,000
$1,750,000
+43% Price Increase
Initial Listing
Sep 4, 2025
$1,750,000
Initial Listing
May 6, 2025
$500
Public Record