1456 Chestnut Street in San Francisco's Marina District just came on the market at only $709,000. Tax records seem to say it's zoned RH-3 (Residential, House, 3 dwellings) and even if not, just based on the building heights of its two neighbors it certainly looks like it could be a fix and flip similar to 3041 Laguna (see below).
The last time a Single Family Home with at least 2 bedrooms (yes, there are 1 bedroom homes in San Francisco) sold that low or lower was 1999 according to the San Francisco MLS. In 2002 one sold in nearby Cow Hollow for $749,000. Otherwise, the homes on Laguna Street in Cow Hollow (click here for 3020 Laguna video & post) have been the cheapest of late in the low and mid $900's. It's only day #1 on the MLS, and it's got a listed offer date of January 15th. If you're not working with a Realtor and are interested in this home, you can reach us at www.SFisHOME.com
UPDATE: 3020 Laguna is now on the SFAR MLS asking $950,000.