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.
2750 Cabrillo Street: Sold $4,995,000 · 5 bd · 6 ba · 5,065 sqft · May 2026 · 0.1 mi KW Advisors | DRE #70010220 Buyer's agent: Tim Farrell | DRE #01435877
471 23rd Ave 6: Sold $1,000,000 · 2 bd · 1 ba · 795 sqft · May 2026 · 0.3 mi Compass | DRE #02132519 Buyer's agent: Minkyu Park, Kinetic Real Estate | DRE #02207416
722 34Th Ave: Sold $1,755,000 · 3 bd · 2 ba · 1,318 sqft · Aug 2026 · 0.4 mi eXp Realty of California, Inc. | DRE #01774693 Buyer's agent: Martin Konopaski, Real Brokerage Technologies | DRE #01719798
546 33rd Avenue: Sold $1,938,000 · 5 bd · 5 ba · 1,945 sqft · May 2026 · 0.4 mi KW Advisors | DRE #70010079 Buyer's agent: Marcus Lee, Compass | DRE #01354869
862 864 33Rd Ave: Sold $1,945,000 · Jul 2026 · 0.4 mi Vanguard Properties | DRE #01441144 Buyer's agent: Alina Aeby, Compass | DRE #01729889
6118 California St: Sold $2,325,000 · 4 bd · 3 ba · 1,899 sqft · May 2026 · 0.6 mi eXp Realty of California | DRE #01832758 Buyer's agent: Lauren Neuschel, Compass | DRE #02092115
40 Sea View Ter: Sold $9,950,000 · 4 bd · 5 ba · 3,463 sqft · Apr 2026 · 0.6 mi Pure Homes | DRE #01746419 Buyer's agent: Maureen Terris, Compass | DRE #01869674
3900 Balboa Street: Sold $3,900,000 · 8 bd · 8 ba · 10,772 sqft · Jun 2026 · 0.8 mi Garrison Properties | DRE #01989778 Buyer's agent: Robert Garrison, Garrison Properties | DRE #01989778
Based on information from the California Regional Multiple Listing Service, Inc. as of 10/1/2026 12:47 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
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Listed by: Compass
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.