
San Francisco, CA 94132
This Turnkey View Residence with ADU is a Prime Investment Opportunity, listed at $1,298,000—positioned well below the $1,343,230 Fair Market Value by 3%. This valuation gap offers $45,230 in Instant Equity. Boasting a Mint Condition Rating, the home features panoramic city views, a spacious deck, and a permitted lower-level ADU for immediate rental income. Proximity to Lowell High School (10/10) and Lilienthal Elementary (9/10) ensures sustained market demand. This is an ideal match for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 408 Shields Street Subject | $1,298,000* List Price | 3 | 2 | 1,755 | $765 | - |
A 233 Sargent Street Sold | $1,230,000 | 3 | 2 | 1,490 | $826 | 0.2 mi |
B 515 Head Street Sold | $1,100,000 | 3 | 2 | 1,220 | $902 | 0.2 mi |
C 114 St Charles Avenue Sold | $1,350,000 | 3 | 2 | 1,447 | $933 | 0.5 mi |
D 475 Head Street Sold | $1,600,000 | 4 | 3 | 2,214 | $723 | 0.2 mi |
E 458 Victoria St Pending | $1,088,000 List Price | 4 | 2 | 1,809 | $601 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1946 build date, the property has undergone a comprehensive high-end renovation within the last 5 years. Key indicators include a newly permitted ADU, modern LVP flooring, recessed lighting, and fully updated bathrooms with contemporary tile work and fixtures. The presence of a mini-split HVAC system and updated windows suggests modernized systems, placing it in mint, move-in-ready condition.
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 features unobstructed, breathtaking views from every level, offering a rare and highly desirable backdrop of the San Francisco cityscape and natural beauty.
A fully permitted lower-level ADU provides significant versatility for rental income, guest accommodations, or multi-generational living, adding substantial value to the investment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1755, other record living area = 1088.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2500, living area = 1755.
While the local elementary school is well-rated, several nearby middle and high schools have lower performance scores, which may be a consideration for families prioritizing education.
Perched in a prime position at 408 Shields, this exceptional residence captures breathtaking, unobstructed views from every level offering a daily backdrop of natural beauty and cityscape that truly sets it apart. Thoughtfully designed to maximize light, space, and scenery, each floor showcases seamless indoor-outdoor living with panoramic vistas that elevate everyday living. Located in a highly desirable neighborhood, the home is just moments from vibrant commercial corridors featuring popular restaurants, cafes, boutique shopping, and everyday conveniences. Enjoy easy access to major freeways and nearby public transit, making commuting throughout the Bay Area effortless. Outdoor enthusiasts will appreciate the abundance of nearby parks, green spaces, and recreational areasperfect for relaxing, staying active, or gathering with friends and family. Adding incredible value is the fully permitted lower-level ADU, completed with all approvals in place. Ideal for rental income, guest accommodations, or a private office, this versatile space offers separate living functionality suited for multi-generational living or added flexibility.408 Shields seamlessly blends location, views, and income potentialan opportunity not to be missed!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,755 | 1,417.5 | 65% |
| Lot Size | 2,500 | 2,500.34 | 47% |
| Price | $1.30M | $1.35M | 41% |
| Price per sq ft | $740 | $995 | 12% |
| Built year | 1946 | 1946 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 178 | 3% |
Apr 16, 2026
$1,298,000
Initial Listing
Nov 16, 2012
$530,000
Public Record