
San Francisco, CA 94112
This Value-Add Residential Asset is listed at $650,000, positioned near its $598,105 Fair Market Value. As a rare entry-level opportunity in the Excelsior District, this property carries a Condition Rating of 5, signaling a need for comprehensive modernization. The 2,495-square-foot lot with a patio and side entrance provides a clear path for ADU Development Potential. Proximity to McLaren Park and Top-Rated Schools, including Lowell High School (10/10), ensures long-term asset liquidity. This is a high-potential project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 431 Madrid Street Subject | $650,000* List Price | 1 | 1 | 650 | $920 | - |
A 87 Maynard Street Sold | $665,000 | 2 | 1 | 645 | $1,031 | 0.5 mi |
B 263 Vienna Street Sold | $685,000 | 2 | 1 | 875 | $783 | 0.3 mi |
C 150 Athens Street Sold | $698,500 | 2 | 1 | 750 | $931 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1904, this property shows significant signs of deferred maintenance and requires substantial rehabilitation. Interior images reveal visible ceiling cracks, outdated wall heating units, and worn carpeting, while the exterior displays weathered siding and cracked concrete. The listing description emphasizes the home's 'potential' and 'bones,' signaling that major systems and finishes likely need full replacement to meet modern living 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 the Excelsior District, the property offers exceptional access to McLaren Park's scenic trails, public transportation, and major commuter routes including I-280 and Highway 101.
The property features a separate side entrance and a lot size that supports the potential development of an Accessory Dwelling Unit (ADU), providing a unique opportunity for rental income or increased equity.
With only one bedroom and 650 square feet of living area, the home's compact footprint may be too restrictive for many buyers or those requiring additional space for a home office.
Built in 1904 and marketed as an opportunity to 'make your own,' the property likely requires substantial modernization and capital investment to update its century-old systems and finishes.
Nestled in San Francisco's Excelsior District, 431 Madrid Street offers the blend of city charm and convenience. Nearby you can enjoy the local schools, McLaren Park and its scenic trails, convenient access to public transportation, Mission Street shopping, local shops, cafes, and commuter routes via I-280 and Highway 101 keeping the rest of San Francisco within easy reach. Inside, the residence offers comfortable living spaces making it easy to feel at home, while the surrounding neighborhood delivers a community feel. Whether you're a first time buyer looking for a San Francisco classic or an investor seeking a home with great bones and potential, this home is ready for you to make your own. You could even explore the possibilities of an ADU with a separate side entrance! Enjoy a morning walk through the park nearby, host friends at home, or explore everything the city has to offer. 431 Madrid Street is a wonderful opportunity, Your San Francisco Address Awaits.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 3% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 650 | 1,409 | 3% |
| Lot Size | 2,495 | 2,500 | 32% |
| Price | $650.0K | $1.20M | 2% |
| Price per sq ft | $1.0K | $870 | 70% |
| Built year | 1904 | 1925 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 179 | 14% |
Mar 11, 2026
$650,000
$690,000
-6% Price Drop
Initial Listing
Feb 1, 2026
$690,000
$749,000
-8% Price Drop
Initial Listing
Jan 23, 2026
$749,000
Initial Listing