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Sold for $2,110,000
    • $2,110,000

    695 48th Ave, San Francisco, CA 94121

    6beds
    3,580sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $2,332,900 Zestimate®
    $589/sqft
    $4,896 Estimated rent

    Home value

    $2,332,900

    $2.10M - $2.59M

    $4,896/mo

    Zestimate® history
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    What's special

    Six one-bedroom one-bath unitsBreathtaking sunsetsMiles of coastlineLands end hiking trailsUpdated kitchens
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie A. Clark DRE #02066897 415-938-8838,

    Judy Brown Jade Realty 925-368-4168

    Bought with:

    Kazimieras Vincas Viskanta, DRE #02318574

    Vanguard Properties

    Source: SFAR,MLS#: 425069773MLS LogoOriginating MLS: San Francisco Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Included: 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, Washer/Dryer
    • Laundry: Coin Operated, Common Area, Other
    Features
    • Formal Entry, Storage
    • Flooring: Carpet, Laminate, Vinyl
    • Windows: Varies by Unit
    Interior area
    • Total structure area: 3,580
    • Total interior livable area: 3,580 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached, Garage, Garage Door Opener, Inside Entrance, Side By Side
    • Has attached garage: Yes
    Features
    • Levels: Three Or More
    • Stories: 2
    • Patio & porch: Enclosed Patio, Uncovered Patio
    • Fencing: Fenced
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 2,639 Square Feet
    • Features: Curb(s), Shape Regular, Sidewalk
    Details
    • Parcel number: 1591014
    • Special conditions: Offer As Is,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Foundation: Concrete
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Electric: 220 Volts, Separate Meter
    • Gas: Separate Meter
    • Sewer: Public Sewer
    • Water: Separate Meter, Meter on Site, Public
    • Utilities for property: Common Area Meter, Cable Available, City, Electricity Available, Internet Available, Natural Gas Connected, Sewer Connected

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Fire Alarm, Fire Extinguisher, Security Gate, Security Lights, Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: San Francisco
    • Elevation: 0

    Financial & listing details

    • Price per square foot: $589/sqft
    • Price range: $2.1M - $2.1M
    • Date on market: 9/11/2025
    • Cumulative days on market: 69 days
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Total actual rent: 10500
    • Tenant pays: Cable TV, Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/4/2025Sold$2,110,000-10.2%$589/sqft
    Source: SFAR #425069773 Report a problem
    11/20/2025Pending sale$2,350,000$656/sqft
    Source: SFAR #425069773 Report a problem
    10/13/2025Contingent$2,350,000$656/sqft
    Source: SFAR #425069773 Report a problem
    9/11/2025Listed for sale$2,350,000$656/sqft
    Source: SFAR #425069773 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Sutro Heights

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: San Francisco

    Source: SFAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,332,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,332,900

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