421 Cornwall Street, San Francisco, CA 94118, San Francisco, 94118 - 4 bed, 4 bath
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San Francisco, CA 94118
This Four-Unit Residential Income Asset is a Strong Value Opportunity with a List Price of $1,395,000—positioned well below the $1,505,235 Fair Market Value by 7%. This valuation gap offers $110,235 in Instant Equity. While maintaining a Condition Rating of 4, the property provides a massive 125% rental upside through modernization. Located in the Inner Richmond near the Presidio and top-rated schools like Lowell High (10/10), this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-upside house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 421 Cornwall Street Subject | $1,395,000* List Price | 4 | 4 | 3,470 | $434 | - |
A 459 11Th Ave Sold | $1,435,000 | 0 | 0 | 3,950 | $363 | 0.5 mi |
B 374-376 Funston Avenue Sold | $1,715,000 | 6 | 4 | 4,116 | $417 | 0.5 mi |
C 326 11th Avenue Pending | $1,600,000 List Price | 4 | 4 | 3,580 | $447 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this four-unit building is functional and maintained but shows significant signs of age. The kitchens feature dated white appliances and basic cabinetry, while the bathrooms utilize older tile and fixtures. The listing explicitly identifies the property as an 'add-value opportunity,' indicating that while livable, it requires modernization to meet current market 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).
Situated in a highly coveted neighborhood, the property is steps from the Presidio, Mountain Lake Park, and the vibrant Clement Street dining and shopping corridor.
With a 125% projected rental upside and a competitive price of $403 per square foot, this asset offers significant equity growth through strategic renovations.
Built in 1923, the property may require substantial capital expenditures for modernizing systems or addressing deferred maintenance typical of vintage San Francisco structures.
The building consists exclusively of one-bedroom units, which may restrict appeal to a narrower demographic compared to properties offering multi-bedroom configurations.
421 Cornwall Street is a four-unit apartment building located between 5th and 6th Avenue in the popular Inner Richmond District. The building features a sunny backyard, ample storage space, and a side-by-side two-car garage, which will be delivered vacant. Each of the four units features one bedroom and one bathroom, with identical mirror-image layouts. The apartments include a spacious living room, functional bathrooms, and generously sized bedrooms. The efficient, well-designed floor plans make future upgrades and improvements to the property both simple and cost-effective. Adjacent to California Street, this building is in one of the most desired neighborhoods of San Francisco. Residents are within a short walk of hiking trails in Mountain Lake Park and the Presidio. The coveted Clement Street dining and shopping is only a few short blocks away, as well. Priced at $403/foot and 125% rental upside, this property offers a tremendous add-value opportunity in the heart of the Inner Richmond.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 2.0 | 72% |
| Square foot | 3,470 | 3,070 | 56% |
| Lot Size | 2,500 | 2,996.93 | 22% |
| Price | $1.40M | $1.71M | 17% |
| Price per sq ft | $402 | $633 | 11% |
| Built year | 1923 | 1910 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 205 | 11% |
Jan 27, 2026
$1,395,000
Initial Listing