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
ACTIVE$1,700,000
740-742 37th Avenue, San Francisco, CA 94121
6Beds
4Baths
3,240Sqft
2,996.928Lot
Year Built
1963
Close
-
List price
$1.7M
Original List price
-
Price/Sqft
$525
HOA
$0
Days on market
-
Sold On
-
MLS number
425091838
Home ConditionPoor
Features
Good View:
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.70M(44th), sqft - 3240(38th), beds - 6(50th), baths - 4(63th).

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.

Nearby schools

9/10
Lafayette Elementary School
Public,K-50.2mi
8/10
Alamo Elementary School
Public,K-51.0mi
8/10
Argonne Elementary School
Public,K-51.1mi
8/10
Sutro Elementary School
Public,K-51.5mi
8/10
Mccoppin (Frank) Elementary School
Public,K-51.8mi
9/10
Stevenson (Robert Louis) Elementary School
Public,K-51.8mi
8/10
Peabody (George) Elementary School
Public,K-51.9mi
8/10
New Traditions Elementary School
Public,K-52.5mi
7/10
Grattan Elementary School
Public,K-52.6mi
9/10
Chinese Immersion School At Deavila
Public,K-52.9mi
6/10
San Francisco Public Montessori School
Public,K-53.7mi
1/10
Mission Education Center
Public,K-54.2mi
2/10
Fairmount Elementary School
Public,K-54.6mi
/10
Chinese Education Center
Public,K-55.3mi
8/10
Presidio Middle School
Public,6-80.6mi
9/10
Lawton Alternative Elementary School
Public,K-81.2mi
8/10
Giannini (A.P.) Middle School
Public,6-81.6mi
8/10
Yu (Alice Fong) Elementary School
Public,K-81.9mi
9/10
Roosevelt Middle School
Public,6-82.1mi
6/10
Rooftop Elementary School
Public,K-83.2mi
9/10
Lilienthal (Claire) Elementary School
Public,K-83.5mi
4/10
Buena Vista/ Horace Mann K-8
Public,K-84.5mi
3/10
San Francisco Community Alternative School
Public,K-84.9mi
3/10
Carmichael (Bessie)/Fec
Public,K-84.9mi
2/10
Revere (Paul) Elementary School
Public,K-85.3mi
7/10
Washington (George) High School
Public,9-120.3mi
7/10
Lincoln (Abraham) High School
Public,9-122.1mi
7/10
Wallenberg (Raoul) Traditional High School
Public,9-122.8mi
10/10
Lowell High School
Public,9-123.1mi
6/10
Academy Of Arts And Sciences
Public,9-123.3mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,9-123.3mi
2/10
Wells (Ida B.) High School
Public,9-123.4mi
3/10
Mission High School
Public,9-123.9mi
8/10
Galileo High School
Public,9-124.4mi
3/10
O'connell (John) High School
Public,9-124.6mi
7/10
Balboa High School
Public,9-124.8mi
2/10
S.F. International High School
Public,9-125.0mi
1/10
Downtown High School
Public,9-125.2mi
2/10
Jordan (June) School For Equity
Public,9-125.4mi
2/10
Marshall (Thurgood) High School
Public,9-125.9mi
5/10
Burton (Phillip And Sala) Academic High School
Public,9-126.3mi

Price History

Date
Event
Price
12/12/25
Price Change
$1,700,000
Condition Rating
Poor

Built in 1963, this property's kitchens and bathrooms are significantly outdated, appearing to be original or renovated 30-50+ years ago. The main kitchen features original-style wooden cabinets, tiled countertops, and dated linoleum flooring, requiring substantial rehabilitation. Bathrooms also show very dated vanities, fixtures, and tile work. While the property is described as 'well-maintained' and some areas like living/dining rooms have decent hardwood floors, the critical wet areas and overall systems suggest a need for major capital investment to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

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 San Francisco neighborhood, offering exceptional walkability to vibrant Balboa Street amenities, public transportation, and Golden Gate Park.
Versatile Duplex Investment: A well-maintained residential income property ideal for both investors and owner-users, providing flexibility with current month-to-month tenancies for future repositioning.
Spacious & Functional Units: Each unit features a desirable 3-bedroom, 2-bathroom layout with formal living/dining rooms and full-size kitchens, appealing to a broad tenant or owner demographic.
Value-Add Potential & Parking: Includes multiple vacant ground-floor rooms for potential storage/office/improvement, plus a highly valuable side-by-side garage in San Francisco.
Outdoor Space & City Views: Benefits from a private rear backyard for outdoor enjoyment and offers good city views with distant greenbelt/hills, enhancing lifestyle appeal.

Cons

Age of Building (1963): While well-maintained, the 1963 construction suggests potential for future capital expenditures on major systems (e.g., plumbing, electrical, roof) that may not have been recently updated.
Tenant Occupancy Considerations: Current month-to-month tenancies, while flexible, may require careful management for an owner-user seeking immediate occupancy or for an investor planning extensive renovations.
Unverified Ground Floor Use: The potential for additional use of ground-floor rooms is contingent on buyer verification with the City, implying possible regulatory complexities, costs, or limitations.

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