4072-4074 24th Street, San Francisco, CA 94114, San Francisco, 94114 - 2 bed, bath
ACTIVE$3,250,000/sqft
4072-4074 24th Street, San Francisco, CA 94114
2Beds
0Bath
Sqft
2,848.82Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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).
Top Cons:
Age of Building & Required Updates: Built in 1908, the property is likely to require significant capital investment for modernization, system upgrades (plumbing, electrical), and potential deferred maintenance to realize its full potential.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1908 (118 years old).
Condition: Built in 1908, this property is a legacy building explicitly marketed for 'revitalization' and 'extensive renovation' by investors/developers. The visible kitchen is extremely outdated with an old wall-mounted sink, basic cabinets, and no modern appliances, indicating a need for substantial rehabilitation. While some hardwood floors are present, the overall condition, especially of major systems (implied by the age and lack of renovation), suggests significant repairs and upgrades are required beyond minor updates.
Year Built
1908
Close
-
List price
$3.25M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
426094921
Home ConditionPoor
Features
Excellent View:
View-
About this home
Legacy property that has been in the same family for 90 years! 4072-4074 24th Street features a ground-floor retail space (Russo Music) plus four residential 1-bed / studio units above. Multiple residential units can be delivered vacant, offering immediate market-rate rental upside. Current monthly income is approximately $4,740 / month for the occupied units. Located on Noe Valley's premier corridor, the property enjoys unbeatable walkability to local favorite cafes, dining, shopping, parks, BART, tech shuttles, and more. A chance to revitalize a legacy building in one of San Francisco's most vibrant and walkable neighborhoods, this is an ideal opportunity for investors, developers / contractors, or owner-user buyer seeking an unique property with huge upside.
D
Dale Boutiette
Listing Agent
Nearby schools
7/10
Alvarado Elementary School
Public,•K-5•0.3mi
3/10
Milk (Harvey) Civil Rights Elementary School
Public,•K-5•0.5mi
1/10
Mission Education Center
Public,•K-5•0.7mi
2/10
Fairmount Elementary School
Public,•K-5•0.9mi
3/10
Chavez (Cesar) Elementary School
Public,•K-5•1.0mi
8/10
Clarendon Alternative Elementary School
Public,•K-5•1.2mi
8/10
Miraloma Elementary School
Public,•K-5•1.2mi
3/10
Glen Park Elementary School
Public,•K-5•1.3mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•1.4mi
6/10
San Francisco Public Montessori School
Public,•K-5•2.8mi
/10
Chinese Education Center
Public,•K-5•3.4mi
3/10
Lick (James) Middle School
Public,•6-8•0.2mi
6/10
Rooftop Elementary School
Public,•K-8•0.6mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•0.8mi
4/10
Everett Middle School
Public,•6-8•0.9mi
2/10
Revere (Paul) Elementary School
Public,•K-8•1.5mi
3/10
San Francisco Community Alternative School
Public,•K-8•1.8mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•2.0mi
4/10
Denman (James) Middle School
Public,•6-8•2.1mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•2.2mi
9/10
Lawton Alternative Elementary School
Public,•K-8•3.1mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•3.6mi
8/10
Presidio Middle School
Public,•6-8•3.7mi
3/10
Mission High School
Public,•9-12•0.8mi
6/10
Academy Of Arts And Sciences
Public,•9-12•1.0mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•1.0mi
3/10
O'connell (John) High School
Public,•9-12•1.2mi
2/10
S.F. International High School
Public,•9-12•1.4mi
2/10
Wells (Ida B.) High School
Public,•9-12•1.6mi
1/10
Downtown High School
Public,•9-12•1.7mi
2/10
Marshall (Thurgood) High School
Public,•9-12•2.0mi
7/10
Balboa High School
Public,•9-12•2.1mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•2.1mi
2/10
Jordan (June) School For Equity
Public,•9-12•2.2mi
7/10
Lincoln (Abraham) High School
Public,•9-12•2.6mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•2.6mi
10/10
Lowell High School
Public,•9-12•3.1mi
8/10
Galileo High School
Public,•9-12•3.6mi
7/10
Washington (George) High School
Public,•9-12•3.7mi
Condition Rating
Poor
Built in 1908, this property is a legacy building explicitly marketed for 'revitalization' and 'extensive renovation' by investors/developers. The visible kitchen is extremely outdated with an old wall-mounted sink, basic cabinets, and no modern appliances, indicating a need for substantial rehabilitation. While some hardwood floors are present, the overall condition, especially of major systems (implied by the age and lack of renovation), suggests significant repairs and upgrades are required beyond minor updates.
Pros & Cons
Pros
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).
Prime Mixed-Use Location: Situated on Noe Valley's premier corridor, offering unbeatable walkability to cafes, dining, shopping, parks, BART, and tech shuttles, enhancing both retail and residential appeal.
Significant Rental Upside: Multiple residential units can be delivered vacant, providing immediate opportunity for market-rate rental adjustments and increased income potential.
Diversified Income Streams: Features a ground-floor retail space (Russo Music) plus four residential units, offering a stable and diversified income portfolio for investors.
Legacy Property with Unique Potential: A rare legacy property held by the same family for 90 years, presenting a unique opportunity for revitalization and significant value appreciation in a desirable San Francisco neighborhood.
Ideal for Investors/Developers: Explicitly marketed as an ideal opportunity for investors, developers/contractors, or owner-users seeking a property with substantial upside potential through renovation and repositioning.
Cons
Age of Building & Required Updates: Built in 1908, the property is likely to require significant capital investment for modernization, system upgrades (plumbing, electrical), and potential deferred maintenance to realize its full potential.
Low Current Capitalization Rate: The current monthly income of approximately $4,740 results in a very low capitalization rate relative to the $3.25 million list price, indicating that the investment is heavily reliant on future value appreciation and not immediate cash flow.
Extensive Renovation Needed: The description implies a need to 'revitalize' the building, suggesting that the 'huge upside' is contingent upon substantial renovation and development efforts, which will incur significant additional costs and project management.