
San Francisco, CA 94121
This Stunning Three-Level Single-Family Home is a High-Potential Investment Opportunity, listed at $2,295,000—positioned well below the $2,959,289 Fair Market Value by 22%. This valuation gap offers $664,289 in Instant Equity. Featuring a Mint Condition Rating with a modern chef's kitchen and a rare Ocean-View Deck, the property provides a versatile floor plan for multi-generational living. Located near Top-Rated Schools like Lafayette Elementary, this residence is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking luxury and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 496 38th Avenue Subject | $2,295,000* List Price | 4 | 4 | 3,630 | $815 | - |
A 5600 Fulton Street Pending | $2,500,000 List Price | 5 | 4 | 3,611 | $692 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1916, the property has undergone a high-end, comprehensive renovation likely within the last 5 years. The interior features a modern chef's kitchen with marble countertops and Viking appliances, new hardwood flooring, recessed lighting, and updated fixtures throughout, meeting the criteria for mint condition with no immediate maintenance required.
Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The expansive 3,630 sqft floor plan across three levels includes a highly flexible lower level with a family room, office, and workout room, perfect for multi-generational living or remote work.
A rare wraparound deck off the primary suite provides stunning ocean views and seamless indoor-outdoor flow, significantly enhancing the home's luxury appeal.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2696, living area = 3630.
Because the large 3,630 sqft structure occupies most of the 2,696 sqft lot, there is very little traditional level backyard space for gardening or outdoor play.
Built in 1916, the property may require significant ongoing maintenance or costly upgrades to seismic, plumbing, and electrical systems typical of century-old San Francisco homes.
Stunning three-level single-family home situated on a desirable corner lot and filled with exceptional natural light throughout. Offering a spacious and versatile floor plan, this impressive residence combines generous living spaces, indoor-outdoor living, and beautiful ocean views. The main level welcomes you with a bright, open floor plan featuring a spacious living room, dining area, and eat-in kitchen ideal for everyday living and entertaining. A generously sized bedroom and full bathroom complete this level. Upstairs, the primary suite offers a private retreat highlighted by a spectacular wraparound deck with ocean views, creating the perfect setting for morning coffee, sunsets, and outdoor relaxation. Two additional bedrooms and a guest bathroom complete the upper level. The lower level provides tremendous flexibility with a large family room, workout room, private office, additional bedroom, full bathroom, and dedicated laundry roomideal for guests, working from home, recreation, or extended living. Additional highlights include a detached two-car garage, abundant natural light, multiple flexible living spaces, and a prime corner setting. With three levels of thoughtfully designed living space and a rare ocean-view deck, 496 38th Avenue offers an exceptional opportunity for spacious San Francisco living.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,630 | 1,711.807 |
| Lot Size | 2,696 | 2,637.135 |
| Price | $2.29M | $1.93M |
| Price per sq ft | $632 | $1.2K |
| Built year | 1916 | 1932 |
| HOA | $0 | $85 |
| Days on market | 30 | 48 |
Aug 10, 2026
$2,295,000
Initial Listing
May 21, 2014
$1,950,000
Public Record