
495 32nd Ave San Francisco, CA 94121
Outer Richmond NeighborhoodEstimated payment $38,172/month
Highlights
- 5 Car Garage
- Heating System Uses Steam
- 4-minute walk to Lincoln Park Playground
- Alamo Elementary School Rated A
About This Home
The Del Rey Apartments offer a unique chance to own a prime property in the highly desirable Richmond District. This stately corner building features 12 exceptionally spacious, house-like units, ideal for rentals or TIC conversions. The property includes 8 2bd/2ba, 3 1bd units, and 1 Penthouse. Seven units will be delivered vacant, providing immediate flexibility for new owners. The size and scale of these units are rare for San Francisco, with each featuring large separate living and dining rooms offering opportunities to expand bedroom counts or remodel with modern finishes and amenities. Many units enjoy panoramic views of the Richmond District, Golden Gate Bridge. The building showcases classic period details including hardwood floors, built-in cabinetry, and timeless architectural elements. Additionally, the building is serviced by an elevator, enhancing convenience for tenants. The garage provides parking for 5 cars, and a large basement offers ideal storage space for tenants or owners. Currently, the electrical system is being upgraded to 400 amps with new panels and breakers, ensuring the property is equipped for modern living. Tremendous opportunity for contractors or developers with an appreciation and understanding of this asset's tremendous potential.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 5,750 Sq Ft Lot
Parking
- 5 Car Garage
Home Design
- Concrete Foundation
Interior Spaces
- 20,400 Sq Ft Home
- 5-Story Property
Utilities
- Heating System Uses Steam
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 1464-011
Community Details
Overview
- 12 Units
Building Details
- 5 Leased Units
- 7 Vacant Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/18/2025 04/18/25 | Pending | -- | -- | -- |
04/02/2025 04/02/25 | For Sale | $5,800,000 | 0.0% | $284 / Sq Ft |
03/31/2025 03/31/25 | Off Market | $5,800,000 | -- | -- |
03/17/2025 03/17/25 | For Sale | $5,800,000 | 0.0% | $284 / Sq Ft |
02/06/2025 02/06/25 | Pending | -- | -- | -- |
09/19/2024 09/19/24 | For Sale | $5,800,000 | -- | $284 / Sq Ft |
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Source: San Francisco Association of REALTORS® MLS
MLS Number: 424066875
