
San Francisco, CA 94110
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned above the $1,040,648 Fair Market Value. As a shovel-ready duplex project with DBI approved drawings, this asset offers significant value-add potential for those capable of managing a ground-up renovation. With a Condition Rating of 6, the structure requires substantial capital investment, making it unsuitable for traditional financing. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to bypass entitlement delays in a high-demand San Francisco market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 572 San Jose Avenue Subject | $1,100,000* List Price | 0 | 0 | 1,890 | $551 | - |
A 71 Santa Marina Street Active | $895,000 List Price | 3 | 0 | 1,725 | $519 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1900 with no evidence of recent renovation; listing explicitly describes it as a 'shovel ready' re-build project that does not qualify for traditional financing, indicating the current structure is unlivable and value is primarily in the land and approved permits.
The property features San Francisco DBI approved drawings and permits ready for payment, allowing a developer to bypass the city's notoriously lengthy and complex entitlement process.
Situated steps from CPMC Bernal Heights, the property is located in a high-demand area that ensures strong future resale value or rental income for the completed units.
The project allows for the conversion into two modern 2-bedroom, 2-bathroom open-concept units totaling 2,400 sq ft, offering substantial equity upside upon completion.
The listing explicitly states the project will not qualify for traditional financing, limiting the buyer pool to those with significant cash reserves or hard money access.
As a contractor-grade 're-build' project, it requires significant additional capital investment and management oversight beyond the initial $1.1M purchase price.
This is a limited time opportunity to pick up a shovel ready project steps from CPMC Bernal Heights. The "re-build" will be of two 2 bedroom 2 bath open concept units for a total of 2400+/- sq ft. This a contractor / builder grade project. It will not qualify for traditional financing. Plans will be made available to interested parties. "Buy today, start the next day". San Francisco DBI approved drawings are completed and permits are ready to be paid for and start the project
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.8 |
| Baths | 0.0 | 4.0 |
| Square foot | 1,890 | 3,171.882 |
| Lot Size | 2,138 | 2,678.029 |
| Price | $1.10M | $2.08M |
| Price per sq ft | $582 | $709 |
| Built year | 1900 | 1925 |
| HOA | $0 | $0 |
| Days on market | 6 | 66 |
Sep 3, 2026
$1,100,000
Initial Listing