$2,350,000

695 48th Ave San Francisco, CA 94121

Outer Richmond Neighborhood

Estimated payment $14,871/month

Total Views 376
6 Beds
-- Bath
3,580 Sq Ft
$656 Price per Sq Ft

Highlights

  • Ocean View
  • Contemporary Architecture
  • Enclosed Patio or Porch
  • Lafayette Elementary School Rated A
  • Fenced Yard
  • 6 Car Attached Garage

About This Home

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.

Listing Agent

Jules Clark

Judy Brown Jade Realty License #02066897 Listed on: 09/11/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 2,639 Sq Ft Lot
  • Fenced Yard

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Stucco

Interior Spaces

  • 3,580 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Storage
  • Washer and Dryer
  • Ocean Views

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Electric Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Home Security

  • Security Lights
  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Car Attached Garage
  • 6 Open Parking Spaces
  • Side by Side Parking
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Wall Furnace
  • Separate Meters
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1591-014

Community Details

Building Details

  • 6 Leased Units
  • 6 Units Leased Month-To-Month

Additional Features

  • 6 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Levels: Three
  • Stories: 2
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Number Of Rooms: 18
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Microwave, Varies By Unit
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Formal Entry, Storage Area(s)
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned, Other
  • Price Per Square Foot: 656.42
  • Square Footage: 3580.00
  • Window Features: Varies By Unit

Exterior Features

  • Construction Materials: Stucco
  • Exterior Features: Fenced Yard
  • Foundation: Concrete
  • Patio And Porch Features: Enclosed Patio, Uncovered Patio
  • View: Ocean

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Interior Access, Side-by-Side
  • Total Parking Spaces: 6.00
  • Independent Parking Spaces: 6

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Heating: Varies By Unit, Wall Furnace
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Fire Alarm, Fire Extinguisher, Security Gate, Security Lights, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Electric, Internet Available, Natural Gas Connected, Sewer Connected
  • Water Source: Meter on Site, Public

Fee Information

  • Utilities Expenses: 8405

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: 1591-014
  • Lot Features: Curb(s), Shape Regular, Sidewalk
  • Lot Size Acres: 0.0606
  • Lot Size Sq Ft: 2639.00
  • Lot Size Units: SqFt
  • Price Per Acre: 38778877.89

Rental Info

  • Lease Term: Varies By Unit
  • Tenant Pays: Cable TV, Electricity, Gas
  • Existing Lease Type: CPI Adjustment
  • Number Of Units Month To Month: 6
  • Units Furnished: None

Building Info

  • Number of Units Total: 6

Multi Family

  • Gross Rent Multiplier: 13.27
  • One Bedroom Annual Occupancy: 100
  • Two Bedroom Annual Occupancy: 100
  • Three Bedroom Annual Occupancy: 100
  • Four Bedroom Annual Occupancy: 100
  • Number Of1 Bedrooms Occupied: 6
  • Number of 1 Bedroom Units: 6
  • Number Of Units Leased: 6
  • Separate Meters: Common Area Meter, Electricity, Gas, Water

MLS Schools

  • School District County: San Francisco
  • Senior High School District: SF School District

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 For Sale $2,350,000 -- $656 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Source: San Francisco Association of REALTORS® MLS

MLS Number: 425069773

San Francisco Association of REALTORS® MLS
California San Francisco County San Francisco 94121 Outer Richmond

695 48th Ave, San Francisco, CA

This home is located at 695 48th Ave, San Francisco, CA 94121 and is currently priced at $2,350,000, approximately $656 per square foot. This property was built in 1960. 695 48th Ave is a home located in San Francisco County with nearby schools including Lafayette Elementary School, Presidio Middle School, and St. Thomas The Apostle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Jules Clark
Listing Agent
Jules Clark
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Judy Brown Jade Realty
(415) 997-2197