870 38th Ave - Apartments FOR SALE


San Francisco, CA 94121- Richmond District
$1,795,000 USD
415-670-9888
870 38th Ave, San Francisco, CA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/6
null | 4.31% Cap Rate

870 38th Ave
San Francisco, CA 94121
Richmond District


HIGHLIGHTS

  • Exempt from San Francisco rent control
  • Two spacious 3BD/2BA units plus a 1BD/1BA in-law unit.
  • Full-size lot with private backyard and two-car garage.
  • Separately metered for electric and gas, central heating throughout.
  • Steps from Golden Gate Park, Ocean Beach, and vibrant local retail.

OVERVIEW

870-872 38th Avenue, is a well-maintained Duplex + Bonus unit, in the Outer Richmond district. Built in 1986, and exempt of SF rent control, the building offers 3,270 square feet of living space across two spacious three-bedroom, two-bath units, plus an additional one-bedroom in-law unit. Units are separately metered for Gas & Electric. The building features a large backyard, concrete foundation, wood frame construction, central heating, and a two-car garage. Situated on a full-size 3,000 square foot lot, this investment offers a rare blend of spacious layouts, modern amenities, and strong rental demand. With a competitive price per unit and attractive long-term upside, 870-872 38th Avenue is a compelling opportunity for both investors and owner-occupants.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$549 USD /SF

# OF UNITS

3

PRICE/UNIT

$598,333

CAP RATE

4.31%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,000 SF

ZONING

RH2

APN/PARCEL ID

1680-037

ASK ABOUT THIS PROPERTY

Cris LamasUrban Capital of San FranciscoMore Info
415-670-9888

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Cris LamasUrban Capital of San FranciscoMore Info
415-670-9888

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