$2,200,000
SOLD MAR 14, 2025
8 Beds
-- Bath
6,060 Sq Ft
4,996 Sq Ft Lot

Recently Sold

$363 Per Sq Ft

12% Below List Price

14 Days on Market

About This Home

As of March 2025

Presenting a rare opportunity to acquire an 8-unit residential income property, nestled in an excellent location within the Outer Richmond, offered for sale for the first time in almost 40 years. This desirable property consists of 6,060 approx. building sq. ft. on a 4,996 approx. lot, featuring all 1 Bedroom / 1 Bath units, 100% occupied, 1:1 parking, and with tremendous upside potential. 4325 Balboa Street Apartments features a seismic upgrade completed in 2016, new roof in 2019 with new flashings / resealed in 2024, new fire alarm system in 2023, and new exterior paint in 2025. There are 8 of 8 fully residential units fully occupied, 1 unit was recently updated in 2022, leaving 7 units for upside potential. Transportation is a breeze with multiple bus lines and major thoroughfares in close proximity, allowing for easy commuting and access to all corners of the city. Additionally, the property is conveniently located near excellent schools, parks, and recreational facilities. Don't miss this gem of an opportunity to own this fully occupied 8 unit apartment with incredible potential for upside.

Last Agent to Sell the Property

Jonathan Ng

Compass License #01971831

Compass

Last Buyer's Agent

Adam Filly

Compass Commercial License #01354775

Compass Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 4,996 Sq Ft Lot

Parking

  • 8 Covered Spaces

Home Design

  • 6,060 Sq Ft Home

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Community Details

  • 8 Units
  • Coin Laundry
  • 8 Leased Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, rent only
  • Assessor Parcel Number 1600-047

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Property Condition: Varies By Unit
  • Year Built: 1958
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 24
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 363.04
  • Square Footage: 6060.00

Garage/Parking

  • Covered Parking Spaces: 8.00

Utilities

  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Fire Alarm, Fire Extinguisher, Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Utilities Expenses: 23627

Lot Info

  • Assessor Parcel Number: 1600-047
  • Lot Features: None
  • Lot Size Acres: 0.1147
  • Lot Size Sq Ft: 4996.00
  • Lot Size Units: SqFt
  • Price Per Acre: 19180470.79

Rental Info

  • Lease Term: Varies By Unit
  • Tenant Pays: Cable TV, Electricity, Gas, Rent Only
  • Units Furnished: None

Building Info

  • Number of Units Total: 8

Multi Family

  • Gross Rent Multiplier: 11.27
  • Number Of1 Bedrooms Occupied: 8
  • Number of 1 Bedroom Units: 8
  • Number Of Units Leased: 8

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/14/2025 03/14/25 Sold $2,200,000 -12.0% $363 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $2,500,000 -- $413 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Similar Homes in San Francisco, CA

  • 1200 42nd Ave, San Francisco, CA 94122

    $1,735,000

    • 8 Beds
    • 3,066 Sq Ft
    • 1200 42nd Ave
    • San Francisco, CA

    This well-cared-for 4-unit corner building reflects true pride of ownership, ideally located directly across from Golden Gate Park and just minutes from Ocean Beach. Enjoy easy access to the N-Judah MUNI line, Irving and Judah Street shops, popular local restaurants, and multiple transit options. Each of the four well-designed units offers two bedrooms and one full bath, featuring bright,

    Jason Chan BarbCo

    Section Image
  • 2929 Clement St, San Francisco, CA 94121

    $1,795,000

    • 6 Beds
    • 3,440 Sq Ft
    • 2929 Clement St
    • San Francisco, CA

    4 unit building located just two blocks from Lincoln Park, Legion of Honor, Lands End, both Clement St and Geary Blvd shops and restaurant, and Ocean Beach! Each floor features a one bedroom one bath and a two bedroom one bath unit from front to back. Both units on the top floor are tenant-occupied while the lower floor is vacant. These units are identical on the two flats. Ground floor offers

    Jason Chan BarbCo

    Section Image
  • 1627 48th Ave, San Francisco, CA 94122

    $1,695,000

    • 7 Beds
    • 4,424 Sq Ft
    • 1627 48th Ave
    • San Francisco, CA

    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

    John Antonini Compass Commercial

    Section Image
  • 1410 30th Ave, San Francisco, CA 94122

    $2,000,000

    • 7 Beds
    • 3,864 Sq Ft
    • 1410 30th Ave
    • San Francisco, CA

    Impressive mid-century Outer Sunset apartment building. This well-maintained 5-unit building has 4 mid-size one-bedroom apartments and 1 very large three-bedroom, 2-bath unit with nearly 1,200 square feet. The building will be delivered with 3 vacant one-bedroom units-2 units are currently vacant and an additional unit is scheduled to be vacant on June 1, 2025. There is one-for-one parking and

    Matthew C. Sheridan Maven Commercial, Inc.

    Section Image
  • 1490 21st Ave, San Francisco, CA 94122

    $2,125,000

    • 10 Beds
    • 6,155 Sq Ft
    • 1490 21st Ave
    • San Francisco, CA

    Mid-century corner apartment building located in the heart of the Sunset District. Situated at the intersection of Kirkham and Judah Streets, this spacious apartment building was constructed in 1972 and spans 6,155 square feet. It is comprised of 5 generous two-bedroom, two-bathroom units, each featuring separate dining and living rooms, as well as 1 en-suite bathroom. The property includes

    Matthew C. Sheridan Maven Commercial, Inc.

    Section Image
  • 1328 16th Ave, San Francisco, CA 94122

    $1,795,000

    • 6 Beds
    • 4,212 Sq Ft
    • 1328 16th Ave
    • San Francisco, CA

    Gorgeous Edwardian Duplex with 4,212 sq.ft of living area, located in the highly desirable Inner Sunset, near Golden Gate Park, UCSF Medical Center, Irving Street shopping and Judah Street transportation. This stunning Edwardian duplex offers two spacious three-bedroom, two-bath units, each exuding timeless charm with fireplaces, original moldings, and beautiful hardwood floors. Both units are

    Christina Chung Coldwell Banker Realty

    Section Image
  • 625 5th Ave, San Francisco, CA 94118

    $1,995,000

    • 6 Beds
    • 3,438 Sq Ft
    • 625 5th Ave
    • San Francisco, CA

    Low maintenance 4-unit building with great rents in the desirable Inner Richmond neighborhood. Well maintained building with strong rents, good tenant profile, ADU & expansion possibilities, and recent upgrades. Built in 1968, the building consists of two two-bedroom units, and two one-bedroom units, all good condition with spacious layouts, good light. The top rear 2BR unit (#4) has a large deck

    Naomi Lempert Coldwell Banker Realty

    Section Image
  • 2884 Golden Gate Ave, San Francisco, CA 94118

    $2,638,888

    • 6 Beds
    • 3,360 Sq Ft
    • 2884 Golden Gate Ave
    • San Francisco, CA

    First time on the market in over 50 years! Situated in the Lone Mountain Neighborhood is this 2 unit building offering an updated 3/2 top floor vacant flat, an income producing lower level 3/2 flat and a deep garage/basement with ADU possibilities. Minutes to Rossi Park, Golden Gate Park, USF, Presidio, Arguello Super Market and the bustling Clement and Geary corridors of shops and restaurants. A

    Section Image
  • 186 Commonwealth Ave, San Francisco, CA 94118

    $2,270,000

    • 7 Beds
    • 5,800 Sq Ft
    • 186 Commonwealth Ave
    • San Francisco, CA

    Classic Jordan Park 1921 lobby entrance building. Well maintained by same family for over 50 years. Close to Geary and Clement Shops and restaurants, Golden Gate Park, Presidio, USF and UCSF, Laurel Village. Huge upside in rents with 3 long term tenants. One car garage plus laundry room. Upgraded Fire Alarm System and sleeping area test completed. Steam Heat.

    Bob Walker GM Green Real Estate, Inc.

    Section Image

Source: San Francisco Association of REALTORS® MLS

MLS Number: 425011282

San Francisco Association of REALTORS® MLS