841 Ocean Ave, San Francisco, CA 94112, San Francisco, 94112 - 2 bed, 1 bath
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San Francisco, CA 94112
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $1,095,000—positioned well below the $1,116,661 Fair Market Value by 1.9%. This valuation gap offers $21,661 in Instant Equity. With a Condition Rating of 5, the property requires comprehensive rehabilitation, yet offers significant upside through its Large Undeveloped Backyard and ADU Potential. Located near Top-Rated Schools like Lowell High, this is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 841 Ocean Ave Subject | $1,095,000* List Price | 2 | 1 | 1,362 | $820 | - |
A 619 Cayuga Avenue Sold | $1,410,000 | 2 | 1 | 1,480 | $953 | 0.9 mi |
B 400 Hearst Avenue Sold | $1,020,000 | 2 | 1 | 1,345 | $758 | 0.6 mi |
C 1558 Alemany Boulevard Sold | $1,350,000 | 2 | 1 | 1,340 | $1,007 | 0.9 mi |
D 53 Foote Avenue Sold | $1,131,000 | 3 | 1 | 1,300 | $870 | 0.7 mi |
E 112 Ellington Avenue Sold | $1,160,000 | 2 | 1 | 1,215 | $955 | 0.7 mi |
F 255 Miramar Avenue Sold | $1,250,000 | 2 | 1 | 1,325 | $943 | 0.4 mi |
G 841 Ocean Ave Pending | $1,111,888 List Price | 2 | 1 | 1,362 | $816 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940 with no significant modern renovations; the kitchen and bathrooms are extremely dated (30+ years) with aging fixtures and 1950s-style tiling. The presence of a non-permitted in-law unit and dated wall heating systems indicate the property requires a comprehensive rehabilitation to meet modern standards.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property features a large undeveloped backyard and existing architectural plans for a non-permitted in-law unit, offering a clear path for value-add through an ADU or additional living space.
Ideally situated near City College of San Francisco, Ocean Avenue retail, and the streetcar, providing exceptional walkability and convenient access to public transportation.
The presence of a non-permitted in-law unit requires the buyer to navigate city approvals and potential construction costs to legalize the space according to SF building codes.
With only one bathroom serving a 1,362-square-foot residence, the layout may be less desirable for modern families or those seeking a primary suite configuration.
Vintage, charming 2br, 1ba home with beautiful hardwood floors. Wood burning fireplace in spacious living room. Formal dining room plus eat in kitchen with separate solarium. Large undeveloped back yard, perfect for a gardener or possibly an additional ADU. Property has architectural plans that have been reviewed by the City of SF for completing the currently non-permitted in-law unit. 1 car attached garage. Located near City College of SF, Ocean Ave shops and streetcar.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 1,362 | 1,396 | 47% |
| Lot Size | 2,238 | 2,500.34 | 25% |
| Price | $1.09M | $1.27M | 36% |
| Price per sq ft | $804 | $871 | 32% |
| Built year | 1940 | 1925 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 180 | 1% |
May 26, 2026
$1,095,000
Initial Listing
Jan 25, 1996
$163,000
Public Record