$1,695,000
PENDING

Estimated payment $11,155/month

Total Views 1,679
7 Beds
-- Bath
4,424 Sq Ft
$383 Price per Sq Ft

Highlights

  • Ocean View
  • Key (Francis Scott) Elementary School Rated A-
  • 5 Car Attached Garage

About This Home

1627 48th ave is a five (5) unit building located on between Lawton and Moraga. Two (2) units will be delivered vacant including a top-floor, 2bd-1ba unit with excellent light, corner windows, and West-facing views of the sand and waves on Ocean Beach. Investors can enjoy a 6.0%+ cap rate and 11.06 GRM once the two vacant units have been rented. The unit mix consists of three (3) 1-bedroom units and two (2) 2-bedroom units. There are 5 parking spaces. 1627 48th Ave is a true opportunity for both owner-users and investors.

Listing Agent

John Antonini

Compass Commercial License #01842830

Compass Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 2,996 Sq Ft Lot

Parking

  • 5 Car Attached Garage
  • 5 Carport Spaces

Interior Spaces

  • 4,424 Sq Ft Home
  • 3-Story Property
  • Ocean Views

Listing and Financial Details

  • Assessor Parcel Number 1895-007

Community Details

Overview

  • 5 Units

Building Details

  • 3 Leased Units
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Levels: Three
  • Year Built: 1960
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 17
  • Price Per Square Foot: 383.14
  • Square Footage: 4424.00

Exterior Features

  • View: Ocean

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 5.00
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 5.00
  • Covered Parking Spaces: 5.00
  • Independent Parking Spaces: 5

Lot Info

  • Assessor Parcel Number: 1895-007
  • Lot Features: None
  • Lot Size Acres: 0.0688
  • Lot Size Sq Ft: 2996.00
  • Lot Size Units: SqFt
  • Price Per Acre: 24636627.91

Building Info

  • Number of Units Total: 5

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 11.06
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 3
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 2
  • Number Of Units Leased: 3

Map

Range of Values:

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Average Value
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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
04/10/2025 04/10/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $1,695,000 0.0% $383 / Sq Ft
04/03/2025 04/03/25 Off Market $1,695,000 -- --
03/20/2025 03/20/25 For Sale $1,695,000 -- $383 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 425013833

San Francisco Association of REALTORS® MLS