Listed by Compass, Ismael Benhamida, Hanna John Azar Listing Contact: 408-373-6195
Hanna John Azar
701 27th AVE
$1,495,000
701 27th AVE, San Francisco, CA 94121
701 27th Avenue is a 1915 Central Richmond duplex on a 2,905 sq ft corner lot with approximately 3,600 sq ft of building area. Unit 703 is a bright upper-level 3-bed/2-bath of approximately 1,389 sq ft, while Unit 701 is the lower-level two-story 4-bed/3-bath of approximately 2,228 sq ft, currently operating as a daycare. Both units are occupied by long-term tenants, providing stable in-place income. The property also features a detached two-car garage, offering tenants parking or giving ownership the potential for an ADU conversion.
Appraised at $1,780,000 in 2025 in its current, occupied, as-is condition and now offered at $1,495,000, the property is priced well below its appraised value. With in-place rents also well below market, it presents a compelling opportunity for the value-add investor to capture both immediate equity and long-term income growth. Substantial banked rents may also be available. The property is steps from the dining, cafes, and boutique shopping along Geary Boulevard and Balboa Street, with Golden Gate Park, the Presidio, and Ocean Beach close by and 38-Geary transit to downtown.
Utilities: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters
Roof: Shingle
Parking: Detached
Heat Type: Electric
Air Conditioning: None
Sewer: Public Sewer
Substructure: Slab
Disability Features: None
Financial
Sales Price: $1,495,000
Real Estate Tax: $18,769/yr
Zoning: Rh2
701 27th AVE
Work With Hanna John
During his past experiences, Hanna John has gained particularly strong knowledge and hands-on experience in maneuvering complex multi-faceted value-add investments.