4076-4080 24th Street, San Francisco, CA 94114, San Francisco, 94114 - bed, bath
ACTIVE$8,250,000$6,040/sqft
4076-4080 24th Street, San Francisco, CA 94114
0Bed
0Bath
6,040Sqft
8,550.83Lot
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:
High Capital Investment Required: The list price of $8.25 million, combined with the substantial costs associated with a large-scale redevelopment project, demands significant capital investment.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1908 (118 years old).
Condition: The property was built in 1908, making it over a century old. The listing description heavily emphasizes 'development potential' and the opportunity to 'reimagine' the site, with architectural massing concepts for 12+ new residences. The property analysis explicitly lists 'Age of Existing Structures' as a weakness, stating they are 'likely necessitating substantial investment for renovation, modernization, or demolition.' There are no interior images of the existing residential units or retail spaces, which strongly suggests they are not in a condition that would be considered move-in ready or even requiring minor updates. The value is clearly presented as being in the land and its redevelopment potential, aligning with the 'tear-down' criteria.
Year Built
1908
Close
-
List price
$8.25M
Original List price
-
Price/Sqft
$1,366
HOA
$0
Days on market
-
Sold On
-
MLS number
426094902
Home ConditionTear down
Features
Good View:
View-
About this home
A legacy property available for the first time in nearly 90 years, 4076-4082 24th Street spans 75 feet of frontage in the heart of Noe Valley on a prime block of 24th St. This rare parcel configuration includes an open-air parking lot along with standalone retail building (Mitre Frame Shop), as well as an adjacent mixed-use structure with ground-floor retail space (Eyes on 24th) and 2 residential units above. Opportunities with this level of scale and frontage almost never reach the market, offering a once-in-a-generation chance to reimagine a signature stretch of the 24th Street corridor. With the City's proposed Family Zoning Plan, preliminary architectural massing concepts illustrate the potential for 12+ new residences, ground-floor commercial, multiple outdoor areas, common amenities, and 4+ on-site parking spaces. These early concept renderings indicate the possibility for over 18,000 sq. ft. of total gross residential and commercial area, including a mix of one- to three-bedroom homes with premium upper-level units and outdoor spaces. Massing diagrams and unit counts are conceptual - buyer to investigate the property, including all development and zoning possibilities, independently to their satisfaction.
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•2.1mi
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
Tear down
The property was built in 1908, making it over a century old. The listing description heavily emphasizes 'development potential' and the opportunity to 'reimagine' the site, with architectural massing concepts for 12+ new residences. The property analysis explicitly lists 'Age of Existing Structures' as a weakness, stating they are 'likely necessitating substantial investment for renovation, modernization, or demolition.' There are no interior images of the existing residential units or retail spaces, which strongly suggests they are not in a condition that would be considered move-in ready or even requiring minor updates. The value is clearly presented as being in the land and its redevelopment potential, aligning with the 'tear-down' criteria.
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 Noe Valley Location & Extensive Frontage: The property boasts an unbeatable location in the heart of Noe Valley on a prime block of 24th Street, featuring an impressive 75 feet of street frontage.
Exceptional Development Potential: Offers significant opportunity for redevelopment, with preliminary concepts illustrating potential for 12+ new residences and ground-floor commercial space, totaling over 18,000 sq ft, supported by proposed Family Zoning Plan.
Rare Legacy Offering: A once-in-a-generation opportunity, this legacy property is available for the first time in nearly 90 years, highlighting its unique and irreplaceable market position.
Existing Mixed-Use Income Streams: The current configuration includes a standalone retail building, ground-floor retail with two residential units above, and an open-air parking lot, providing immediate income potential.
Substantial Lot Size: A generous 8,550.83 sq ft lot, which is a significant and rare asset in San Francisco, providing ample space for ambitious redevelopment plans.
Cons
High Capital Investment Required: The list price of $8.25 million, combined with the substantial costs associated with a large-scale redevelopment project, demands significant capital investment.
Extensive Due Diligence & Development Risk: Development plans and unit counts are conceptual, requiring the buyer to undertake thorough independent investigation and bear the inherent risks and complexities of a major redevelopment project.
Age of Existing Structures: Built in 1908, the existing buildings are over a century old, likely necessitating substantial investment for renovation, modernization, or demolition as part of any redevelopment.