
San Francisco, CA 94121
This Central Richmond duplex represents a High-Potential Investment Opportunity, listed at a List Price of $1,495,000—positioned well below the $1,564,667 Fair Market Value by 4%. This valuation gap offers $69,667 in Instant Equity. With a Condition Rating of 4, the property serves as a classic value-add Asset featuring a detached two-car garage with ADU potential. Proximity to top-rated schools like Lafayette Elementary and the Presidio enhances long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 27th Avenue Subject | $1,495,000* List Price | 7 | 0 | 3,600 | $435 | - |
A 439 20th Avenue Sold | $1,700,000 | 6 | 4 | 4,330 | $393 | 0.5 mi |
B 870-872 33rd Avenue Sold | $1,550,000 | 8 | 6 | 2,929 | $529 | 0.4 mi |
C 5544-5546 Fulton Street Pending | $1,895,000 List Price | 7 | 3 | 3,570 | $531 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1915 and offered in 'as-is' condition, this property is a classic value-add opportunity. While functional and occupied by long-term tenants, the age and description suggest the kitchens, baths, and systems are dated (likely 20+ years old) and require modernization to reach market rental rates.
Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Offered at $1,495,000, the property is priced $285,000 below its 2025 appraised value of $1,780,000, providing a rare opportunity for immediate equity capture upon purchase.
With in-place rents well below market, available banked rents, and a detached two-car garage suitable for a potential ADU conversion, there is significant room for long-term income growth.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
Both units are occupied by long-term tenants, which may present challenges for immediate owner-occupancy or rapid rent adjustments under San Francisco's strict rent control ordinances.
The property is being sold in its current 1915 condition, likely requiring capital investment for modernization or repairs to fully realize its market potential.
701 27th Avenue is a 1915 Central Richmond duplex on a 2,905 sq ft corner lot with approximately 3,600 sq ft of building area. Unit 703 is a bright upper-level 3-bed/2-bath of approximately 1,389 sq ft, while Unit 701 is the lower-level two-story 4-bed/3-bath of approximately 2,228 sq ft, currently operating as a daycare. Both units are occupied by long-term tenants, providing stable in-place income. The property also features a detached two-car garage, offering tenants parking or giving ownership the potential for an ADU conversion. Appraised at $1,780,000 in 2025 in its current, occupied, as-is condition and now offered at $1,495,000, the property is priced well below its appraised value. With in-place rents also well below market, it presents a compelling opportunity for the value-add investor to capture both immediate equity and long-term income growth. Substantial banked rents may also be available. The property is steps from the dining, cafes, and boutique shopping along Geary Boulevard and Balboa Street, with Golden Gate Park, the Presidio, and Ocean Beach close by and 38-Geary transit to downtown.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.8 |
| Baths | 0.0 | 4.0 |
| Square foot | 3,600 | 3,171.882 |
| Lot Size | 2,905 | 2,678.029 |
| Price | $1.50M | $2.08M |
| Price per sq ft | $415 | $709 |
| Built year | 1915 | 1925 |
| HOA | $0 | $0 |
| Days on market | 27 | 66 |
Aug 13, 2026
$1,495,000
Initial Listing
Jan 10, 2005
$1,275,000
Public Record
Aug 4, 2000
$550,000
Public Record