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By Coach A:

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House 1 Deets:

2821 Turk Street
Price $950,000
2 bed + sun room
1.5 baths
1725 sq feet (tax record)

Comments: The home needs a few “small” tweaks before it’s move-in ready, but there are some incredible expansion possibilities given the size of the garage. A $200K - $250K remodel would still put this house well under market value. It would make sense to remodel the kitchen and bath on the main level, create a master suite opening to the yard in the garage. These additionals can be done legally making the house 2400+ sqft with 3 beds, 2.5 baths, sun-room/office, yard and will still have parking.

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House 2 Deets:

2539 Turk Street (extremely similar to house 1 with a nearly identical floor plan and location. This home has more upgrades and shows substantially better than house 1, but is also directly in front of a Muni stop.)

Price:1,150,000
3 beds
1 bath sq ft.
1683 square feet (tax record)

Comments: In contract after 10 days on the market (let’s assume it sold for slightly over the asking price)

Lone Mountain Deets: 2007
14 single family home sales
Average list price: $1,259,000
Average sales price: $1,350,000
Avg size: 1790 square feet

2821 Turk Street [McGuire Real Estate; agent Chris O'Connor via Home SF]
2539 Turk Street [ McGuire Real Estate; agent Barbara Callan via Home SF]
Investor Alley [San Francisco Schtuff]