1380 48th Avenue, San Francisco, CA 94122, San Francisco, 94122 - bed, bath
ACTIVE UNDER CONTRACT$2,898,000
1380 48th Avenue, San Francisco, CA 94122
0Bed
0Bath
5,760Sqft
6,000Lot
Year Built
1975
Close
-
List price
$2.9M
Original List price
-
Price/Sqft
$503
HOA
$0
Days on market
-
Sold On
-
MLS number
ML82025304
Home ConditionFair
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $2.90M(50th), sqft - 5760(50th), beds - undefined(50th), baths - undefined(50th).
1380 48th Avenue presents a rare investment opportunity in San Franciscos 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 unitsa 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.
Nearby schools
9/10
Key (Francis Scott) Elementary School
Public,•K-5•0.3mi
9/10
Sunset Elementary School
Public,•K-5•0.8mi
9/10
Stevenson (Robert Louis) Elementary School
Public,•K-5•1.2mi
9/10
Ulloa Elementary School
Public,•K-5•1.7mi
9/10
Jefferson Elementary School
Public,•K-5•1.7mi
8/10
Feinstein (Dianne) Elementary School
Public,•K-5•2.0mi
8/10
West Portal Elementary School
Public,•K-5•2.6mi
8/10
Clarendon Alternative Elementary School
Public,•K-5•2.9mi
7/10
Grattan Elementary School
Public,•K-5•3.1mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•3.5mi
1/10
Mission Education Center
Public,•K-5•4.4mi
6/10
San Francisco Public Montessori School
Public,•K-5•4.6mi
2/10
Fairmount Elementary School
Public,•K-5•4.7mi
/10
Chinese Education Center
Public,•K-5•6.1mi
8/10
Giannini (A.P.) Middle School
Public,•6-8•0.9mi
9/10
Lawton Alternative Elementary School
Public,•K-8•1.0mi
8/10
Presidio Middle School
Public,•6-8•1.7mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•2.1mi
7/10
Hoover (Herbert) Middle School
Public,•6-8•2.3mi
6/10
Aptos Middle School
Public,•6-8•3.1mi
6/10
Rooftop Elementary School
Public,•K-8•3.5mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•4.6mi
3/10
San Francisco Community Alternative School
Public,•K-8•4.8mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•4.8mi
2/10
Revere (Paul) Elementary School
Public,•K-8•5.4mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•5.6mi
7/10
Washington (George) High School
Public,•9-12•1.5mi
7/10
Lincoln (Abraham) High School
Public,•9-12•1.7mi
10/10
Lowell High School
Public,•9-12•2.4mi
6/10
Academy Of Arts And Sciences
Public,•9-12•3.3mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•3.3mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•3.6mi
2/10
Wells (Ida B.) High School
Public,•9-12•4.1mi
3/10
Mission High School
Public,•9-12•4.4mi
7/10
Balboa High School
Public,•9-12•4.6mi
3/10
O'connell (John) High School
Public,•9-12•5.1mi
2/10
Jordan (June) School For Equity
Public,•9-12•5.3mi
8/10
Galileo High School
Public,•9-12•5.4mi
2/10
S.F. International High School
Public,•9-12•5.4mi
1/10
Downtown High School
Public,•9-12•5.7mi
2/10
Marshall (Thurgood) High School
Public,•9-12•6.0mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•6.3mi
Price History
Date
Event
Price
10/19/25
Price Change
$2,898,000
Condition Rating
Fair
Built in 1975, this property is nearly 50 years old. While the building is described as 'meticulously maintained' and some units feature well-kept hardwood or carpeted floors, the visible bathroom is significantly dated with older fixtures, tiles, and flooring. The absence of kitchen photos and the listing's note about 'unspecified unit renovation status' strongly suggest that kitchens and other unit interiors are also outdated, requiring minor to moderate updates to meet current tenant expectations and maximize rental income. Major systems are likely functional but nearing the end of their lifespan, as indicated by the 'Aging Infrastructure Potential' weakness.
Pros & Cons
Pros
Great Schools: Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Prime Investment Opportunity: This 8-unit multifamily property in San Francisco's desirable Outer Sunset neighborhood offers a rare investment opportunity for long-term cash flow and appreciation.
Exceptional Location: Strategically located just one block from Ocean Beach and minutes from Golden Gate Park and the Judah Street retail corridor, enhancing tenant appeal and property value.
Stable Income & Upside Potential: The building boasts meticulous maintenance, stable tenancy, and strong current income, with clear upside potential for future growth.
Desirable Unit Mix & Amenities: The unit mix of six 1-bedroom and two 2-bedroom/2-bathroom units appeals to a wide tenant base, complemented by 8 assigned parking spaces and a shared on-site laundry facility.
High-Demand Market: Situated in a high-barrier-to-entry submarket with strong tenant demand and low vacancy rates, ensuring consistent occupancy and rent stability.
Cons
Active Under Contract Status: The property is currently 'Active Under Contract,' meaning it is not immediately available for new offers unless the existing deal falls through, potentially limiting new buyer interest.
Aging Infrastructure Potential: Built in 1975, the property is nearly 50 years old. While well-maintained, major building systems (e.g., plumbing, electrical, roof) may be nearing the end of their lifespan, potentially requiring significant capital expenditures in the future.
Unspecified Unit Renovation Status: The description emphasizes overall building maintenance but lacks specific details on recent interior renovations of individual units, which could imply dated interiors that may require upgrades to maximize rental income.