Log In/Sign Up
Your email has been sent.
1538 Thomas Ave 2 Unit Apartment Building $899,000 ($449,500/Unit) San Francisco, CA 94124



INVESTMENT HIGHLIGHTS
- Remodeled duplex offering move-in ready living plus reliable rental income.
- Updated two-unit property with curb appeal, income potential, and convenience.
- Live in one unit, rent the other—smart investing meets comfortable living.
EXECUTIVE SUMMARY
Discover a newly remodeled 2 unit investment opportunity with immediate owner occupancy and dependable income perfect for both savvy investors and buyers seeking a home with income potential. This three level duplex offers two distinct 3 bedroom 1 bath units with high ceilings. The newly remodeled second floor unit is VACANT and move-in ready, featuring refinished floors, fresh interior paint, newly painted cabinets with granite counters, updated hardware including lighting, locks and door knobs. The property also boasts new modern exterior paint, enhancing curb appeal. The top floor unit, also a 3 bedroom 1 bath, is currently rented to a reliable single Section 8 tenant for $3000 a month with rent increase pending with HUD, providing stable and consistent rental income. Additional highlights include a VACANT large garage with potential driveway parking, storage, laundry area, and a spacious level yard, a rare combination of comfort and convenience. This is your chance to own a property for close to the cost of renting. Do not miss!
PROPERTY FACTS Under Contract
| Price | $899,000 | Apartment Style | Low-Rise |
| Price Per Unit | $449,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Gross Rent Multiplier | 11 | Building Size | 1,900 SF |
| No. Units | 2 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1907 |
| Property Subtype | Apartment | ||
| Zoning | RH1 | ||
| Price | $899,000 |
| Price Per Unit | $449,500 |
| Sale Type | Investment |
| Gross Rent Multiplier | 11 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 1,900 SF |
| No. Stories | 3 |
| Year Built | 1907 |
| Zoning | RH1 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 2 | - | - |
Walk Score®
Very Walkable (89)
Transit Score®
Excellent Transit (71)
1 of 28
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1538 Thomas Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.

