615-617 Octavia Street, San Francisco, CA 94102, San Francisco, 94102 - 4 bed, 1 bath
615-617 Octavia Street
San Francisco, CA 94102
Property Price
SUMMARY
Analysis of 615-617 Octavia Street, San Francisco, CA 94102 is currently available with a list price of $1,550,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property features a high-quality, recently renovated top-floor unit with modern stainless steel GE appliances, white shaker cabinetry, and refinished hardwood floors. While the ground-level unit is currently 'down to the studs' and requires a full build-out, the completed living spaces are move-in ready with contemporary light fixtures, updated electrical devices, and modern bathroom finishes including LED mirrors.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Prime Hayes Valley Location
Situated in one of San Francisco's most coveted neighborhoods, the property is just one block from Trader Joe's and within walking distance to BART, high-end boutiques, and world-class dining.
- Significant Value-Add Potential
The ground-level unit is currently down to the studs with plans already submitted to the city for a new one-bedroom apartment and office, offering a clear path to increase equity and rental income.
CONSRISKS & DEFICIENCIES
- Substantial Construction Required
The ground-level unit requires a full build-out from the studs, which will necessitate significant additional capital, time, and management of contractors.
- Permitting and Legalization Risks
Although plans have been submitted to the city, the legalization and approval process in San Francisco can be lengthy and subject to bureaucratic delays or required modifications.
- Historic Building Maintenance
Built in 1900, the property may require ongoing maintenance or upgrades to aging systems (plumbing, electrical, or seismic) typical of century-old structures.
About 615-617 Octavia Street
Located in the heart of Hayes Valley, one of San Francisco's most coveted neighborhoods, this property offers an exceptional investment opportunity. Unit 617 is a beautifully renovated top-floor flat featuring 2 bedrooms, 1.5 bathrooms, and in-unit laundry. Unit 615 is a 2-bedroom, 1.5-bathroom middle flat. The ground-level Unit 613 has private street access and is currently down to the studs, with plans submitted to city to build a one-bedroom apartment with office space. Plans have also been submitted to the city to legalize the unit. Located just one block from Trader Joe's, public parks, cafes, boutiques, excellent restaurants, and within walking distance to BART, this property is ideally positioned for long-term growth. Whether you're an investor seeking strong rental income or an owner-occupant planning for the future, this opportunity provides exceptional value in an unbeatable location. Loan is assumable with 6.625 interest rate on a 30-year fixed loan.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1900
- Lot Size
- 1,393.92 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Muir (John) Elementary School
Grades K-5 • 0.4 mi
Parks (Rosa) Elementary School
Grades K-5 • 0.5 mi
Sanchez Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 67% |
| Baths | 1.0 | - | 67% |
| Square foot | 1,880 | 1,870 | 67% |
| Lot Size | 1,393.92 | 1,393.92 | 50% |
| Price | $1.55M | $1.44M | 67% |
| Price per sq ft | $824 | $824 | 50% |
| Built year | 1900 | 1900 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 233 | 194 | 0% |
Pricing History
Listed for Sale
Jul 17, 2025
$1,550,000
Initial Listing
Sold
Jul 21, 2023
$990,000
Public Record