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Property profile & analytics
OFF-MARKET Estimated value $820,000
Office buildings

2429 Ocean Ave San Francisco, CA 94127-2606

1,720 SF 0.07 ac lot Built 1923
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-5942881
Property summary
AI-generated overview

This exceptional owner-user opportunity presents a 2,021 square foot medical office building located at 2429 Ocean Avenue in San Francisco, California, 94127. The property, priced at $1,000,000 ($494 per square foot), is a single-story building situated on a 3,275 square foot lot. Its convenient location on Ocean Avenue, within a well-established medical corridor ("Medical Row"), offers excellent visibility and accessibility. The building currently presents an opportunity for customization, as it is in its original condition. This allows a buyer to tailor the space to their specific needs and preferences. The property features a full floor of usable space, ideal for a single medical practice or similar professional use. A significant advantage is the sizable rear lot, providing ample potential for parking or the creation of valuable outdoor space. Furthermore, the building benefits from easy access to public transportation, enhancing its appeal to both staff and clients. SBA financing is available, making this an attractive investment opportunity for qualified buyers. The property is a standalone building, offering privacy and control.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1923
Construction WOOD
Total area 1,720 SF
Lot 0.07 ac (3,101 SF)
Zoning code NC1
APN 6902 -013
UPID US09-5942881
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rodel E Rodis Law Offices Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.12M
CAP Approach CAP
$695k
Comparable Approach Comparable
by Request
Blend (final) Blend
$820k
Owner & transaction history
Ocean 2429 LLC · 1 yrs held
Ocean 2429 LLC
since 2025
Last sale
$790,000
4 recorded transactions
2025
$790,000
2014
Price N/A
2014
Price N/A
2011
Price N/A
Zoning & alternative use
NC1 · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $875,000 +6.4%
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