841 Ocean Ave, San Francisco, CA 94112, San Francisco, 94112 - 2 bed, 1 bath
841 Ocean Ave
San Francisco, CA 94112
Property Price
SUMMARY
Analysis of 841 Ocean Ave, San Francisco, CA 94112 reveals a Prime Investment Opportunity with a current list price of $1,111,888—significantly undercutting the $1,189,254 Fair Market Value by 6%. This valuation gap indicates a +$77,366 Instant Equity potential for buyers. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 841 Ocean Ave Subject | $1,111,888* List Price | 2 | 1 | 1,362 | $873 | - |
A 1558 Alemany Boulevard Sold | $1,350,000 | 2 | 1 | 1,340 | $1,007 | 0.9 mi |
B 451 Huron Avenue Sold | $1,175,000 | 2 | 1 | 1,215 | $967 | 0.6 mi |
C 115 Ottawa Avenue Sold | $1,095,000 | 2 | 1 | 1,340 | $817 | 0.6 mi |
D 255 Miramar Avenue Sold | $1,250,000 | 2 | 1 | 1,325 | $943 | 0.4 mi |
E 24 Rolph Street Sold | $930,000 | 2 | 2 | 1,261 | $738 | 0.7 mi |
F 112 Ellington Avenue Sold | $1,160,000 | 2 | 1 | 1,215 | $955 | 0.7 mi |
G 619 Cayuga Avenue Pending | $1,225,000 List Price | 2 | 1 | 1,480 | $828 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1940, this 'vintage' property retains original architectural charm such as hardwood floors and a fireplace, but shows signs of being outdated. The kitchen and bathroom likely require modernization to meet current standards, and the existence of a non-permitted in-law unit requiring completion indicates deferred capital improvements and the need for minor to moderate updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Development Potential
The property includes City-approved architectural plans to legalize an existing in-law unit and features a large backyard with potential for an additional ADU, offering significant value-add opportunities.
- Prime Location
Ideally situated near City College of San Francisco, Ocean Avenue retail shops, and streetcar lines, providing excellent transit access and high neighborhood walkability.
CONSRISKS & DEFICIENCIES
- Non-Permitted Improvements
The in-law unit is currently non-permitted, requiring the buyer to manage and fund the completion of construction according to approved plans to achieve legal status.
- Vintage Condition
As a 1940s residence described as vintage, the property likely requires modernization of core systems and cosmetic updates to meet contemporary living standards.
About 841 Ocean Ave
Vintage, charming 2br, 1ba home with beautiful hardwood floors, 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 approved 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. Please turn off all lights and make sure GATE LOCKS with a CLICK. Thank you
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 2,238 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Sunnyside Elementary School
Grades K-5 • 0.5 mi
Glen Park Elementary School
Grades K-5 • 1.1 mi
Monroe Elementary School
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 1,362 | 1,360 | 50% |
| Lot Size | 2,238 | 2,500 | 26% |
| Price | $1.11M | $1.13M | 48% |
| Price per sq ft | $816 | $816 | 50% |
| Built year | 1940 | 1925 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 177 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,111,888
Initial Listing
Sold
Jan 25, 1996
$163,000
Public Record