Property Overview:
563-565 17th Ave is a duplex in San Francisco, CA, built in 1916. It features two units, each with 2 bedrooms, 1 split bathroom, in-unit laundry, and central heating. The total living space is 3,030 sq. ft., with unit sizes of 1,480 sq. ft. and 1,435 sq. ft.. The property includes a parking garage and a sizable storage area. The estimated home value is $1,997,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 19% (higher than state average of 11.8%).
- Property crime risk: 10.7% (lower than state average of 10.8%).
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Schools:
Nearby schools include Argonne Elementary, San Francisco County Regional Occupational Program, and Presidio Middle.- Average SAT score: 874 (below state average of 975).
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Job Market:
- 68.2% white-collar jobs, 31.8% blue-collar jobs.
- Unemployment rate: 3.9% (lower than state average of 4.7%).
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Demographics:
- Community population: 39,900 (4% growth since 2000).
- 55% families with children.
- Largest age group: 25-34 years (15.82%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 48.4°F (January), 64.3°F (July).
- Average rainfall: 20.5 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $70,528.
- Average annual spending: $53,573.
Property Features:
- Vacant units with no eviction history, offering a clear path for condo conversion.
- Add-value opportunity: Potential to combine the storage area with the upper unit to create a two-level unit with rear yard access.
- Utilities: Two 40-gallon water heaters (replaced in 2024) and circuit breaker electrical service.
Location Benefits:
- Prime location in the Central Richmond District, between Anza and Balboa Streets.
- Walking distance to Park Presidio and Golden Gate Park (3 blocks away).
- Close to popular amenities like Peet’s Coffee, Aziza Restaurant, Starbucks, Gaspare’s, and Gordo’s.