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February 6, 2018

Off-Market Development Opportunity in Duboce/Castro

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It seems to be fixer week here at Inside San Francisco Real Estate. I checked out an excellent development opportunity on Beaver Street in Duboce Triangle today. I think it’s the perfect house for either a contractor, or buyers who’d like to create their dream home in a prime location.

The Victorian has one floor over a garage and room down, unlike its multiple neighbors in both directions that have two units over a garage. It’s likely you could do a vertical expansion here, though you’d have to consult an architect and the Planning Department to know for sure.

Previous owners did some remodeling that resulted in an open kitchen/living area. Here are some photos I took of a front bedroom, living/kitchen areas, yard and garage, as well as a floor plan:

You could also leave the envelope of the building as is, update the main level and simply create a master suite downstairs.

The sellers are looking for an offer in the $2.3M – $2.4M range off market. If they don’t get something in that range, the house will likely hit the MLS in the next week for a lower list price that will attract large hordes of buyers.

Give me a shout if you’re interested in scheduling a showing. I’m at ebermingham@zephyrsf.com | 415.823.4656.

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