419419 38th Ave, San Francisco, CA 94121, San Francisco, 94121 - 4 bed, 5 bath
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419419 38th Ave
San Francisco, CA 94121
ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
2,300Sq Ft
0Lot Size
Property Price
LIST PRICE$1,863,000
EST. MARKET VALUE
$2,234,216
16% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a Dual-Residence Property listed at $1,863,000—positioned well below the $2,234,216 Fair Market Value by 16%. This valuation gap offers $371,216 in Instant Equity. Featuring a Mint Condition Rating with a Modern Luxury Rebuild, the home includes radiant-heated wood floors and a private deck. Its flexible layout is perfect for multi-generational living or rental income. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, income-generating asset in the Richmond District.
Estimated Market Value
$2,234,216+$371,216 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Francisco.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 419419 38th Ave Subject 4 bd · 5 ba · 2,300 sqft · $971 | $1,863,000* List Price | 4 | 5 | 2,300 | $971 | - |
A 664 27th Avenue Sold 4 bd · 3 ba · 2,170 sqft · $901 · 0.7 mi | $1,955,000 | 4 | 3 | 2,170 | $901 | 0.7 mi |
B 899 40th Avenue Sold 4 bd · 3 ba · 1,963 sqft · $815 · 0.6 mi | $1,600,000 | 4 | 3 | 1,963 | $815 | 0.6 mi |
C 419-419a 38th Avenue Active 4 bd · 5 ba · 2,300 sqft · $810 · 0.0 mi | $1,863,000 List Price | 4 | 5 | 2,300 | $810 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has been beautifully rebuilt and fully renovated within the last 5 years. It features premium modern finishes, a high-end kitchen with integrated appliances, updated systems like radiant-heated floors, and pristine, contemporary bathrooms in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Residence Versatility
The rare configuration of two independent homes on a single lot provides exceptional flexibility for multi-generational living or significant rental income potential in a high-demand San Francisco market.
- Modern Luxury Rebuild
The front residence features high-end upgrades including radiant-heated wood floors, ensuites for every bedroom, and a flexible floor plan with dual entrances for maximum privacy.
- Prime Coastal Location
Situated in the desirable Richmond District, the property offers immediate access to iconic San Francisco landmarks like Lincoln Park, Lands End, and the Legion of Honor.
CONSRISKS & DEFICIENCIES
- Compact Living Spaces
With 2,300 total square feet split between two separate residences, individual living areas and room sizes may feel constrained compared to traditional single-family homes in this price bracket.
- Historical Infrastructure Risks
Despite the rebuild of the front home, the 1906 origin of the property may involve older utility connections or structural elements in the secondary unit that require ongoing maintenance.
About 419419 38th Ave
Rare dual-residence property featuring two independent homes on a single lot in San Francisco's desirable Richmond District. The beautifully rebuilt front home includes 3 beds, 4 baths, radiant-heated wood floors, and a cozy fireplace in the family room. With dual entrances and ensuites on every floor, the flexible floor plan easily accommodates multi-generational living or private guest spaces. Premium finishes throughout, near Lincoln Park, Lands End, the Legion of Honor, and popular Balboa Street dining.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1906
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 2,300 | 1,757.739 |
| Lot Size | - | 2,673.006 |
| Price | $1.86M | $1.97M |
| Price per sq ft | $810 | $1.2K |
| Built year | 1906 | 1931 |
| HOA | $0 | $176 |
| Days on market | 43 | 45 |
Pricing History
Listed for Sale
Sep 11, 2026
$1,863,000
Initial Listing