740-742 37th Avenue, San Francisco, CA 94121, San Francisco, 94121 - 6 bed, 4 bath
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San Francisco, CA 94121
This Versatile Richmond District Duplex is a Strong Value Opportunity listed at $1,400,000, offering a stable entry point at its $1,400,000 Fair Market Value. While maintaining a Fair Condition Rating that invites cosmetic modernization, the asset features two large 3-bedroom, 2-bathroom units and significant expansion potential via vacant ground-floor rooms. Residents enjoy a private patio and proximity to Golden Gate Park, supported by elite schools like Lafayette Elementary (9/10) and Lowell High (10/10). This is an ideal acquisition for Owner-Occupants seeking a high-upside house hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 740-742 37th Avenue Subject | $1,400,000* List Price | 6 | 4 | 3,240 | $432 | - |
A 870-872 33rd Avenue Sold | $1,550,000 | 8 | 6 | 2,929 | $529 | 0.3 mi |
B 870-872 38th Avenue Sold | $1,700,000 | 7 | 5 | 3,272 | $520 | 0.2 mi |
C 563-565 20th Avenue Sold | $1,300,000 | 4 | 2 | 3,210 | $405 | 1.0 mi |
D 529-531 37th Avenue Sold | $1,800,000 | 6 | 5 | 3,641 | $494 | 0.3 mi |
E 630 40th Avenue Sold | $1,650,000 | 5 | 2 | 3,100 | $532 | 0.2 mi |
F 600-602 39th Avenue Active | $1,650,000 List Price | 5 | 0 | 2,980 | $554 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this duplex is functional and currently occupied but shows significant signs of age and lacks modern updates. The kitchen features very dated wallpaper, older cabinetry, and aging appliances, while the bathrooms and flooring (including worn carpeting and basic laminate) are outdated. The property appears to have been maintained through basic upkeep rather than comprehensive renovation, fitting the criteria for 'fair' condition as it requires cosmetic modernization and minor repairs throughout.
Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in a highly desirable neighborhood, the property is steps from Golden Gate Park and the vibrant Balboa Street commercial corridor, offering exceptional lifestyle appeal and proximity to top-rated schools like Lafayette Elementary.
The ground floor includes multiple vacant rooms and a side-by-side garage, providing a significant opportunity for the buyer to create additional living space, a home office, or ADU potential to maximize the property's value.
With over 120 days on the market and multiple price reductions from the original $1.7M asking price, the property has experienced significant stagnation, which may affect perceived market value.
While the month-to-month tenancies offer flexibility, the property is currently fully occupied, requiring the buyer to navigate San Francisco's complex tenant laws and relocation processes if they intend to occupy or renovate the units.
New Price! Located in the heart of San Francisco's highly desirable Richmond District, this well-maintained duplex at 740-742 37th Avenue presents an excellent opportunity for investors or owner-users seeking long-term value in a prime neighborhood. The property consists of two spacious residential units, both currently tenant-occupied on a month-to-month basis, offering flexibility for future repositioning. Each unit features a thoughtful and functional layout with three bedrooms and two full bathrooms, including a primary suite. The homes offer formal living rooms and dining rooms, providing classic San Francisco charm, along with full-size kitchens ideal for everyday living and entertaining. In addition to the two main units, the property includes multiple vacant rooms on the ground floor, presenting potential for additional storage, office use, or future improvement opportunities (buyer to verify use with the City). The building also offers a side-by-side garage, providing convenient parking, and a rear backyard, perfect for outdoor enjoyment or shared use. This location is a true highlight. The property is within walking distance to Golden Gate Park, offering easy access to open green spaces, trails, and recreational amenities. Just steps away is Balboa Street, one of the Richmond District's most vibrant commercial corridors, featuring a wide selection of popular restaurants, cafs, bakeries, grocery stores, schools, and neighborhood services. Public transportation options are nearby, making commuting throughout the city convenient and efficient. With its strong unit layouts, flexible tenancy, bonus ground-floor space, and unbeatable Richmond District location, 740-742 37th Avenue represents a rare opportunity to own a versatile duplex in one of San Francisco's most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 6.0 | 50% |
| Baths | 4.0 | 2.0 | 58% |
| Square foot | 3,240 | 3,220 | 53% |
| Lot Size | 2,996.928 | 2,996.93 | 47% |
| Price | $1.40M | $1.70M | 21% |
| Price per sq ft | $432 | $520 | 16% |
| Built year | 1963 | 1949 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 131 | 156 | 37% |
Mar 14, 2026
$1,400,000
$1,600,000
-12% Price Drop
Initial Listing
Jan 15, 2026
$1,600,000
$1,700,000
-6% Price Drop
Initial Listing
Dec 12, 2025
$1,700,000
Initial Listing