1311 48th Ave - Apartments FOR SALE


San Francisco, CA 94122- Outer Sunset
$2,585,000 USD
415-902-6367
1311 48th Ave, San Francisco, CA for Sale
$2,585,000 USD
Apartments - FOR SALE
1/28
null | 4.31% Cap Rate

1311 48th Ave
San Francisco, CA 94122
Outer Sunset


HIGHLIGHTS

  • 1 Vacant unit
  • Potential banked rents
  • Prime Outer Sunset location; 2 blocks from Ocean Beach and Golden Gate Park
  • Easy public transit
  • Walkable to restaurants, cafes, bars, groceries and local food trucks

OVERVIEW

A rare offering in one of San Francisco's most resilient rental submarkets: an 8-unit apartment building in the heart of the Outer Sunset, ideally positioned for the long-term investor seeking both stable cash flow and meaningful upside. The building consists of eight 1-bedroom/1-bathroom units and eight parking spaces a significant amenity in this neighborhood and a strong draw for tenant retention and rent growth. Five spaces are currently rented by building tenants, while two additional spaces are leased to neighborhood residents, providing a supplemental income stream beyond unit rents. Seven of the eight units are currently tenant-occupied, with Unit #2 delivered vacant at close of escrow, giving a new owner immediate flexibility to reposition for market rate.

FOR SALE DETAILS

PRICE

$2,585,000 USD

PRICE/SF

$437 USD /SF

# OF UNITS

8

PRICE/UNIT

$323,125

CAP RATE

4.31%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

RH2

APN/PARCEL ID

1803-001F

ASK ABOUT THIS PROPERTY

Joy LiuHelm Real EstateMore Info
415-902-6367

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Joy LiuHelm Real EstateMore Info
415-902-6367

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.