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Executive Summary

1380 48th Avenue presents a rare investment opportunity in San Francisco's desirable Outer Sunset neighborhood.
This 8-unit multifamily property consists of approximately 5,760 sq ft of rentable space on a 6,000 sq ft lot, built in 1975 and well-positioned for long-term cash flow and appreciation. The unit mix includes six spacious 1-bedroom units and two 2-bedroom, 2-bathroom units a configuration that appeals to a wide tenant base. All units offer generous floor plans and excellent natural light. The building is meticulously maintained and reflects true pride of ownership, with stable tenancy and strong current income, with upside potential. Each unit is assigned one parking space (8 total), and there is a shared laundry facility on-site for added convenience and operational efficiency. Located just one block from Ocean Beach, and minutes from Golden Gate Park and the Judah Street retail corridor, the property benefits from strong tenant demand in a high-barrier-to-entry submarket with low vacancy rates. This is an ideal asset for investors seeking stable returns and long-term growth.

Property Facts

Price $2,898,000
Price Per Unit $362,250
Sale Type Investment
Cap Rate 6.04%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 7,205 SF
No. Stories 2
Year Built 1975
Parking Ratio 1.23/1,000 SF
Zoning RH2 - Apartments

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Waterfront
  • Trash Pickup - Curbside
  • Public Transportation
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
2+2 2 - -
Moderately walkable
60/100
Moderately drivable
70/100
Exceptional public transit
90/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
1802-046
Land Assessment
$240,254
Improvements Assessment
$480,783
Total Assessment
$729,997
  • Listing ID: 38255221

  • Date on Market: 10/29/2025

  • Last Updated:

  • Address: 1380 48th Ave, San Francisco, CA 94122

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