
San Francisco, CA 94118
This Turnkey Condominium represents a Strong Value Opportunity, listed at $1,795,000—positioned well below the $1,872,692 Fair Market Value by 4%. This valuation gap offers $77,692 in Instant Equity. Featuring a Mint Condition Rating with a modern gourmet marble kitchen, this top-floor residence offers captivating park views and proximity to top-rated schools like Lowell High. It is an ideal acquisition for Owner-Occupants or discerning professionals seeking a sophisticated, move-in-ready lifestyle in San Francisco.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 948 Lake Street #A Subject 3 bd · 1 ba · 1,348 sqft · $1,389 | $1,795,000* List Price | 3 | 1 | 1,348 | $1,389 | - |
A 323 7th Avenue 3 Sold 3 bd · 2 ba · 1,478 sqft · $1,150 · 0.4 mi | $1,700,000 | 3 | 2 | 1,478 | $1,150 | 0.4 mi |
B 36 6th Avenue Sold 2 bd · 1 ba · 1,025 sqft · $1,415 · 0.3 mi | $1,450,000 | 2 | 1 | 1,025 | $1,415 | 0.3 mi |
C 109 16th Avenue Sold 3 bd · 2 ba · 1,550 sqft · $1,290 · 0.3 mi | $2,000,000 | 3 | 2 | 1,550 | $1,290 | 0.3 mi |
D 846 Cabrillo Street Sold 2 bd · 2 ba · 1,440 sqft · $1,272 · 0.8 mi | $1,832,000 | 2 | 2 | 1,440 | $1,272 | 0.8 mi |
E 324 Arguello Boulevard 3 Sold 2 bd · 1 ba · 1,257 sqft · $1,352 · 0.6 mi | $1,700,000 | 2 | 1 | 1,257 | $1,352 | 0.6 mi |
F 4339 California Street 1 Sold 4 bd · 2 ba · 1,587 sqft · $1,453 · 0.3 mi | $2,306,000 | 4 | 2 | 1,587 | $1,453 | 0.3 mi |
G 631 Spruce Street Sold 2 bd · 1 ba · 1,085 sqft · $1,230 · 0.9 mi | $1,335,000 | 2 | 1 | 1,085 | $1,230 | 0.9 mi |
H 323 7th Avenue Active 3 bd · 2 ba · 1,617 sqft · $1,234 · 0.4 mi | $1,995,000 List Price | 3 | 2 | 1,617 | $1,234 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1908, the unit has undergone a high-end modern renovation within the last 5 years. The gourmet kitchen features contemporary cabinetry, marble countertops, and premium appliances, while the bathroom is fully updated with modern fixtures and tiling. The hardwood floors and interior finishes are in mint, move-in-ready condition with no visible maintenance required.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated directly adjacent to Mountain Lake Park on a designated 'Slow Street,' the property offers an exceptional connection to nature and a quiet, pedestrian-friendly lifestyle in a highly coveted neighborhood.
This top-floor corner unit preserves timeless 1908 San Francisco elegance with high ceilings, hardwood floors, and original built-ins, seamlessly blended with a modern gourmet marble kitchen.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1348, other record living area = 1817.
With three bedrooms but only one bathroom, the layout may be restrictive for families or those who frequently host guests, potentially impacting the property's competitive edge.
The property has undergone a significant price reduction from $2.195M to $1.795M and has been on the market for 46 days, which may lead to buyer scrutiny regarding its initial valuation.
A Magical Treasure on Lake Street | Classic San Francisco Living at Its Finest Discover the rare pleasure of living where timeless San Francisco elegance meets the natural beauty of Mountain Lake Park. This exceptional top-floor corner three-bedroom condominium, one of only three residences in the building, enjoys an enviable setting directly beside the park, with beautiful greenery and captivating views woven into everyday life. High ceilings, gleaming hardwood floors, and charming built-in glass-front cabinetry celebrate the home's classic character, while an updated bath and a gourmet kitchen featuring marble countertops bring modern sophistication. Windows on three sides fill the home with natural light, creating a warm, airy ambiance throughout. The inviting living and dining great room, anchored by a cozy fireplace and framed by lovely park views, is perfect for intimate gatherings or peaceful evenings at home. The thoughtfully arranged primary bedroom adjoins a charming child's room with play space, offering versatility for a growing family, overnight guests, or a dedicated home office. Step outside and immerse yourself in the beauty of Mountain Lake Park, with its tranquil meadows, tennis courts, playgrounds, dog run, and scenic hiking trails. Lake Street's Slow Street designation offering biking and walking paths enhances the neighborhood's relaxed, pedestrian-friendly feel, while the boutiques, cafes, and acclaimed eateries of Laurel Village, Sacramento Street, and Clement Street are just moments away. With its intimate setting, architectural charm, abundant sunshine, and extraordinary connection to nature, this is more than a home it's a lifestyle to cherish. A rare opportunity to experience the very best of San Francisco living, right on the park.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,348 | 1,111.771 |
| Lot Size | 2,689 | 9,271.706 |
| Price | $1.79M | $1.25M |
| Price per sq ft | $1.3K | $1.1K |
| Built year | 1908 | 1989 |
| HOA | $0 | $804 |
| Days on market | 55 | 67 |
Oct 13, 2026
$1,795,000
$2,195,000
-18% Price Drop
Initial Listing
Aug 30, 2026
$2,195,000
Initial Listing
Nov 14, 2019
$1,675,000
Public Record
Mar 27, 2015
$1,410,000
Public Record
Aug 16, 2010
$1,088,000
Public Record
Apr 8, 2004
$1,044,500
Public Record