740-742 37th Avenue, San Francisco, CA 94121, San Francisco, 94121 - 6 bed, 4 bath

740-742 37th Avenue, San Francisco, CA 94121 home-pic-0

740-742 37th Avenue

San Francisco, CA 94121

ACTIVE
CONDITION: FAIR
6Beds
4Baths
3,240Sq Ft
2,996.928Lot Size

Property Price

LIST PRICE$1,600,000

SUMMARY

Analysis of 740-742 37th Avenue, San Francisco, CA 94121 is currently available with a list price of $1,600,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1963, this duplex is described as 'well-maintained' and appears functional, but the images reveal significantly outdated kitchens with original or very old cabinets, laminate countertops, and dated linoleum/vinyl flooring. Bathrooms also show older fixtures and tiles. Heating is via wall heaters, and overall light fixtures are basic and dated. While there are no visible major structural defects, the property requires substantial cosmetic updates and likely system modernizations (electrical, plumbing, heating) to meet current standards, aligning with the 'Fair' category where major components are functional but show signs of being outdated and require updates.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).

  • Prime Richmond District Location

    Situated in a highly desirable neighborhood, offering excellent walkability to Golden Gate Park, vibrant Balboa Street amenities (restaurants, shops), and convenient public transportation.

  • Versatile Duplex Investment

    Comprises two spacious, income-generating units, making it an ideal opportunity for investors seeking long-term value or owner-users looking to offset mortgage costs with rental income.

CONSRISKS & DEFICIENCIES

  • Age and Potential for Updates

    Built in 1963, the property, while well-maintained, may require significant capital investment for system upgrades (e.g., electrical, plumbing) or cosmetic renovations to modernize and maximize its value.

  • Tenant-Occupied Challenges

    The current month-to-month tenancy, while offering flexibility, can present complexities for an owner-user's immediate occupancy or for investors planning significant renovations, given San Francisco's tenant protection laws.

  • Unverified Bonus Space Potential

    The 'buyer to verify use with the City' clause for the ground-floor rooms implies potential regulatory hurdles, costs, or limitations in converting these spaces into income-generating or fully functional areas.

About 740-742 37th Avenue

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.

Property Details

Public Facts

Property Type
Duplex
Year Built
1963
Lot Size
2,996.928 Sq. Ft.

Interior

Total Bedrooms
6
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

San Francisco Unified Schools

Lafayette Elementary School

Grades K-5 • 0.2 mi

9/10

Alamo Elementary School

Grades K-5 • 1.0 mi

8/10

Argonne Elementary School

Grades K-5 • 1.1 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.06.0
50%
Baths4.03.0
52%
Square foot3,2403,272
48%
Lot Size2,996.9282,996.928
50%
Price$1.60M$1.80M
35%
Price per sq ft$494$508
39%
Built year19631948
70%
HOA$0$0
50%
Days on market86186
13%

Pricing History

Listed for Sale

Jan 15, 2026

$1,600,000

$1,700,000

-6% Price Drop

Initial Listing

Price Change

Dec 12, 2025

$1,700,000

Initial Listing

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