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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Patricia Aguaristi Patricia Aguaristi, Broker

$ 3,900,000

Est. payment | -/mo

4 Beds

4 Baths

1,980 SqFt

Save

$ 3,900,000

Est. payment | -/mo

Save

4 Beds

4 Baths

1,980 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,980 sqft

Price per Sqft $1,969

MLS Listing ID 426168600

Style Mediterranean

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1922

Lot Size 5,680 Sqft

Acres 0.1304

Property Sub-Type Single Family Residence

Property Description

Rare Central Richmond Trophy Property on an Unprecedented Double Lot. An extraordinary 1922 Edwardian-era residence nestled in SF's highly coveted Central Richmond district. Offering a sprawling 2,430+/-sf of living space situated on a massive 5,685+/- sf double lot with an expansive 45.5+/-sf street frontage, this property represents a generational investment opportunity with unmatched development upside. The main level spans 1,980+/- sf, offering an elegant layout that effortlessly blends classic architectural character with major capital improvements. Home features pristine structural integrity, highlighted by a comprehensive 2020 infrastructure overhaul including a complete down-to-the-rafters roof replacement with new 30-year shingles, new gutters, and fresh interior/exterior paint. A heavy-duty 3-car drive-through garage provides rare vehicle capacity and unparalleled utility/storage space. Income & Multigenerational Flexibility: The lower level hosts a private 450+/- sf studio bedroom complete with its own kitchenette & full bath perfect for an independent adult or guest suite. It is fully wired for an independent heat pump/AC system with dedicated side-alley clearance. With the simple addition of an exterior entrance & proper permitting, this space yields a potentially seamless path to a fully legalized ADU. Mechanical & Efficiency Upgrades: Electrical (2020): Full house rewire from the PG&E transformer forward, featuring a new meter, robust 200-amp service, and a dedicated backup generator connection(hookup only)HVAC (2023): High-efficiency 80% AFUE gas furnace with insulated ducting, a new chimney liner, and a programmable smart thermostat. Plumbing: Excellent condition boasting powerful 65 psi main water pressure, paired with modern eco-friendly flow-restriction fixtures for water conservation. Unmatched Development Potential: Zoned RH2 with a 40-foot height limit, this parcel is a developer's dream. Under San Francisco's active Housing Opportunity Ordinance, this oversized lot is positioned for significant density exceptions, allowing for a transformation of up to 4 to 6 units (plus additional ADU potential). With a nearby 3,001+/- sf vacant lot recently commanding nearly $500/sf ($1.495M), the intrinsic land value of this 5,685+/- sf footprint alone is staggering, whether you choose to preserve this grand single-family estate with a massive private yard, construct a multi-unit compound, or expand upward to capture sweeping neighborhood views

Location

State CA

County San Francisco

Area Sf District 1

Zoning RH-2

Rooms

Basement Unfinished

Dining Room Formal Room

Interior

Interior Features Formal Entry, Storage, In-Law Floorplan

Heating Central, Gas, Natural Gas

Cooling None

Flooring Laminate, Wood

Fireplace No

Window Features Caulked/Sealed,Skylight(s),Window Coverings

Appliance Dishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Plumbed, Gas Water Heater, Range Hood, Self Cleaning Oven

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Ground Floor, Hookups Only, In Garage, Inside, Sink

Exterior

Exterior Feature Balcony

Garage Spaces 3.0

Utilities Available Cable Available, Internet Available, Natural Gas Available, Natural Gas Connected, Public, Sewer Connected, Sewer Available

Roof Type Composition,Shingle

Total Parking Spaces 5

Private Pool false

Building

Foundation Concrete, Concrete Perimeter

Sewer Public Sewer

Water Meter on Site, Public, Water District

Architectural Style Mediterranean

New Construction Yes

Others

Tax ID 1530018

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Nearby School & Business

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA 94030, United States

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466 15th AVE San Francisco, CA 94118