651 Palm Avenue, South San Francisco, California 94080, South San Francisco, 94080 - 3 bed, 2 bath
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South San Francisco, California 94080
This property presents a High-Potential Investment Opportunity with a List Price of $1,250,000—positioned well above the $1,182,235 Fair Market Value by -5%. While requiring a full renovation due to its Condition Rating of 5, the 1,790 sqft layout and large 6,068 sqft lot offer significant value-add potential. Located in the desirable Sign Hill neighborhood with access to South San Francisco Unified schools, this asset is ideal for Fix-and-Flip Investors or Contractors seeking a project with long-term appreciation potential in a prime commuter location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 651 Palm Avenue Subject | $1,250,000* List Price | 3 | 2 | 1,790 | $660 | - |
A 817 Circle Court Sold | $1,121,000 | 4 | 1 | 1,530 | $733 | 0.5 mi |
B 647 Pine Terrace Active | $1,325,000 List Price | 3 | 2 | 1,720 | $770 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 with no evidence of major renovations in the last 30-50 years. The interior features original knotty pine paneling and dated fixtures, and the listing description explicitly states the property needs to be restored or renovated, indicating a full rehab is required for the kitchen, baths, and likely the aging systems.
Situated in the desirable Sign Hill neighborhood, the property offers exceptional access to BART, major freeways, and key Peninsula commuter routes, making it ideal for professionals.
Boasting nearly 1,800 sqft of living space on a generous 6,068 sqft lot, this residence provides a larger-than-average footprint for the area with significant outdoor potential.
With original hardwood floors and a classic 1950s layout, the home presents a rare 'blank canvas' opportunity for investors or end-users to build equity through renovation.
The property is positioned as a restoration project, suggesting that buyers will need to budget for significant updates to modernize the 1955 systems and finishes.
The two-car garage is detached from the main structure, which may be viewed as a convenience drawback for buyers preferring direct interior access from their vehicle.
Opportunity awaits in South San Franciscos desirable Sign Hill neighborhood! This spacious 3 bedroom, 2 bathroom home offers approximately 1,790 sqft of living space on a large lot with endless potential to restore, renovate, or reimagine. Built in 1955, the home features expansive living areas, hardwood floors, large windows, a classic fireplace, detached 2 car garage, and generous backyard space. Conveniently located near shopping, dining, parks, BART, freeways, and major commuter routes throughout the Peninsula. A rare opportunity to create your dream home in a prime South San Francisco location.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades PK-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,790 | 1,535 | 73% |
| Lot Size | 6,068 | 4,765 | 89% |
| Price | $1.25M | $1.30M | 39% |
| Price per sq ft | $698 | $878 | 18% |
| Built year | 1955 | 1956 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 106 | 2% |
May 28, 2026
$1,250,000
Initial Listing