695 48th Ave - Apartments FOR SALE


San Francisco, CA 94121- Richmond District
$2,350,000 USD
415-938-8838
695 48th Ave, San Francisco, CA for Sale
$2,350,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

695 48th Ave
San Francisco, CA 94121
Richmond District


OVERVIEW

Ocean Beach Boutique Building Meets Outer Richmond Investment Potential! Discover a Rare Opportunity to Acquire a Boutique 6-unit Apartment Building Just 1 Block From Ocean Beach and Steps to Sutro Heights Park, Lands End Hiking Trails, Golden Gate Park is 2 Blocks Away, and Safeway is One Block Away. Enjoy Miles of Coastline, Breathtaking Sunsets, and Some of San Francisco's Best Hiking and Outdoor Recreation. This Coastal Location Offers Prime Lifestyle Appeal, Cafes, Restaurants, Public Transportation, and Strong Tenant Demand. 695 48th Avenue at Balboa Street Offers Six One-Bedroom, One-Bath Units, all Fully Occupied with Updated Kitchens. Amenities Include Six Parking Spaces and Six Private Storage Units, Secured in an Attached Garage with Convenient Interior Access. Recent Capital Improvements Provide Peace of Mind: Seismic Retrofit (2016), new NFPA72-Compliant Fire Alarm System (2025), and Fresh Exterior Paint (2025). This Well-Maintained Ocean Beach Property Offers Dependable Tenants, Excellent Income, and Clear Upside Potential. A Rare Chance to Acquire a Stabilized, Income-Producing Coastal Asset in one of San Francisco's Most Desirable Beachside Neighborhoods for Investors Seeking Security, Growth, and Long-Term Value.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$656 USD /SF

# OF UNITS

6

PRICE/UNIT

$391,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,615 SF

ZONING

RM1

APN/PARCEL ID

1591-014

ASK ABOUT THIS PROPERTY

Jules ClarkClark and Crooner Real Estate GroupMore Info
415-938-8838

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

Jules ClarkClark and Crooner Real Estate GroupMore Info
415-938-8838

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