
San Francisco, CA 94102
Analysis of 615-617 Octavia Street, San Francisco, CA 94102 is currently available with a list price of $1,450,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property requires substantial rehabilitation as the ground-level unit is currently down to the studs and requires a full build-out, despite the top-floor unit featuring an excellent renovation with modern kitchen appliances, updated bathrooms, and new hardwood floors.
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 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 renowned dining, ensuring high tenant demand.
The ground-level unit is currently down to the studs with plans submitted for a new one-bedroom apartment and office, offering a massive opportunity to increase square footage and rental income.
The ground-floor unit requires a full build-out and is subject to city approval for legalization, which can involve unpredictable timelines and high costs typical of San Francisco's building department.
While the top floor is beautifully renovated, the middle unit and the unfinished ground floor create a disparity in condition that may require immediate capital and management oversight to stabilize.
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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 67% |
| Baths | 1.0 | 0.0 | 67% |
| Square foot | 1,880 | 1,870 | 67% |
| Lot Size | 1,393.92 | 1,393.92 | 50% |
| Price | $1.45M | $1.44M | 67% |
| Price per sq ft | $771 | $771 | 50% |
| Built year | 1900 | 1900 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 279 | 240 | 0% |
Mar 21, 2026
$1,450,000
$1,550,000
-6% Price Drop
Initial Listing
Jul 17, 2025
$1,550,000
Initial Listing
Jul 21, 2023
$990,000
Public Record