1405 48th Avenue

San Francisco, CA 94122

$1,855,000
Last Sold Price
4
Beds
4
Baths
3,016 Sq. Ft.
$615 / Sq. Ft.
3,016
Sq. Ft.
$615
per Sq. Ft.

Description

Rare investment 4-unit building in Outer Sunset with outstanding 4.8% cap rate, 1br/1ba units, cooperative tenants, very well-maintained building, new roof/skylights/vents completed on March 2021 with 5 year warranty, renovated 2 units between 2019-2021 with new hardwood flooring/paint/recessed lighting/SS appliances/granite countertops/bathroom vanity, other 2 units very clean and well-maintained, new water heaters and gas heaters for select units since 2019, new building paint, new on-site coin...Rare investment 4-unit building in Outer Sunset with outstanding 4.8% cap rate, 1br/1ba units, cooperative tenants, very well-maintained building, new roof/skylights/vents completed on March 2021 with 5 year warranty, renovated 2 units between 2019-2021 with new hardwood flooring/paint/recessed lighting/SS appliances/granite countertops/bathroom vanity, other 2 units very clean and well-maintained, new water heaters and gas heaters for select units since 2019, new building paint, new on-site coin laundry installed 2019. Highly desirable neighborhood near nature (Ocean Beach, Golden Gate Park), top schools from Elementary to Highschool (Sunset Elementary, Holy Name Junior High, St. Ignatius HS), Famous Local favorites (Java Beach Coffee, Andy Town Coffee Roasters) and dozens of fresh produce supermarkets! Very easy transportation with MUNI right on Judah St, and Highway accessible from Great Highway, Highway 1 and 280!

Listing Agents

  1. Susie Lee

    Susie Lee

    Listing Agent

    Compass

    DRE #02054948

    susie.lee@compass.com

    P: 415.933.7893

  2. Bill Mar

    Bill Mar

    Alternative Listing Agent

    Compass

    DRE #01363076

    bill.mar@compass.com

    P: 415.203.2363

Property Details for 1405 48th Avenue

Directions to Property
Corner of Judah and 48th Ave.
Parking Features
Attached, Covered, Garage, Automatic Door, Interior Access, Side-by-Side, Tandem Garage
Architectural Style
Contemporary
Cross Street
Judah
Total Parking Spaces
3

Location

Listing Courtesy of Compass, Susie Lee, DRE #02054948; Compass, Bill Mar, DRE #01363076

Sold By Century 21 Real Estate Alliance, DRE #MLSL84801

Add your commute
LISTING UPDATED: 05/07/2021 03:13 AM

Property Details for 1405 48th Avenue

StatusClosed
MLS #421524209
Days on Compass25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / FOURPLEX
Year Built1955
Lot Size0.05 AC / 2,099 SF
CountySan Francisco County

Location

Listing Courtesy of Compass, Susie Lee, DRE #02054948; Compass, Bill Mar, DRE #01363076

Sold By Century 21 Real Estate Alliance, DRE #MLSL84801

Add your commute

Building Information for 1405 48th Avenue

Stories3Residences4Year Built1955Building Size-Lot Size0.05 AC / 2,099 SF

Payment Calculator

$12,113 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,123

Property Taxes

$1,990

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1405 48th Avenue

Summary
Location and General Information
  • Area/District: SF District 2
  • Area Short Display: 2
  • Subdistrict: Outer Sunset
  • Location Description: SF District 2, Outer Sunset, SF District 2 Outer Sunset
Taxes and HOA Information
  • APN: 1805049
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
School Information
  • School District (County): San Francisco
  • Senior High School District: SF School District
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 3.0
  • Parking: Attached, Covered, Garage, Automatic Door, Interior Access, Side-by-Side, Tandem Garage
Virtual Tour
Property
Lot Information
  • Square Footage Source: Appraiser
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Agent-Fill
  • Lot Features: Garden, Landscape Back, Private
Property and Assessments
  • Property Condition: Updated/Remodeled
  • Possession: Close of Escrow, Subject To Tenant Right
  • Special Zones: None
  • Picture Count: 46
  • Photos Provided By: Agent
  • Elevation: 0
  • Disclosures/Documents: Disclosure Package Available, Environmental Hazards Report, Estoppel Certificate, Natural Hazard Disclosure Available, Pest Certification Available, Preliminary Title Report, Property Inspection, Roof Inspection, Seller Property Questionnaire, Transfer Disclosure Statement
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
  • Energy Efficient: Appliances, Construction, Doors, Heating, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows
Utilities
  • Separate Meters: Electricity, Gas, Water
  • Utilities: All Electric, Cable Available, Internet Available, Natural Gas Connected
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 3
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Ceiling Insulation, Cement Siding, Concrete, Floor Insulation, Frame, Wall Insulation, Wood
  • Foundation: Concrete, Concrete Perimeter, Slab
  • Stories: 3
  • Levels: Three
  • Exterior Features: Fenced Yard
  • Window Features: Dual Pane Full, Varies by Unit, Window Screens
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Fire Alarm, Fire Extinguisher, Guarded Gate, Secured Access, Security Gate, Smoke Detector
  • Accessibility Features: Accessible Doors, Handicapped Bath, Accessible Kitchen, Kitchen Cabinets, Parking, Shower(s)
  • Roof: Bitumen
Interior Features
  • Interior Features: Formal Entry, Skylight(s), Storage Area(s)
  • Heating: Central, Gas, Individual, MultiUnits
  • Appliances: Built-In Refrigerator, ENERGY STAR Qualified Appliances, Free Standing Electric Oven, Free Standing Freezer, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater, Insulated Water Heater
  • Laundry Features: Coin Operated, In Common Area, Appliances-Owned
  • Cooling: Central, Individual, MultiUnits
  • Flooring: Simulated Wood, Tile, Wood
  • # of Rooms: 12
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 4
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 4
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 0.0
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 4
  • # Of Units Vacant: 0
  • # Of Units Leased: 4
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Description: New water heater installed 6/15/2018; New gas heater installed 1/30/2021. Interior Renovated 1/2020.
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent: $2,870.00
  • Unit 1 Approx SqFt: 711.0
  • Unit 1 SqFt Source: Not Measured
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Description: Water heater newly installed 12/19/2020.
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent: $1,678.00
  • Unit 2 Approx SqFt: 711.0
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 1
  • Unit 3 Description: Interior Renovation fully completed in 9/2018.
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent: $2,590.00
  • Unit 3 Approx SqFt: 711.0
  • Unit 3 SqFt Source: Not Measured
  • Unit 3 # of Rooms: 1
Unit 4
  • Unit 4 Bedrooms: 1
  • Unit 4 Description: Tandem parking space $300 included in monthly rental payment.
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent: $1,924.00
  • Unit 4 Approx SqFt: 711.0
  • Unit 4 SqFt Source: Not Measured
  • Unit 4 # of Rooms: 1
Rental
Rent Information
  • Lease Term: Month to Month
  • # Of Units Month to Month: 4
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Cable TV, Electricity, Gas, Parking Fee, Rent Only, Water

Property History for 1405 48th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1405 48th Avenue

Taxable ValueLand$1,350,959Additions$579,576Total$1,930,535
Tax Record2023$23,877 ($1,990 / month)
Home Facts
Total Finished SqFt2,844 SqFtAbove Grade Finished SqFt2,844 SqFtStories2Lot Size2,099 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningRM1CountySAN FRANCISCOAPN1805 -049

Schools near 1405 48th Avenue

This home is within San Francisco Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Key (Francis Scott) Elementary School
PublicK to 5

Giannini (A.P.) Middle School
Public6 to 8

Five Keys Charter (SF Sheriff'S) School
Charter9 to 12

Life Learning Academy Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Susie Lee, DRE #02054948; Compass, Bill Mar, DRE #01363076

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.