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1254 48th Ave 6 Unit Apartment Building $3,052,785 CAD ($508,797 CAD/Unit) 4.65% Cap Rate San Francisco, CA 94122
Executive Summary
1254 48th Avenue is a six (6) unit apartment building located in San Francisco’s Outer Sunset District. Constructed in 1964, the property consists of four (4) 2bd-1ba units and two (2) studios. The building is separately metered for gas and electricity and includes parking for six(6) cars.
Located in the northwestern portion of the Sunset District, the property offers tenants a classic San Francisco blend of coastal living and urban convenience. The building is located steps from Ocean Beach, Golden Gate Park, and the popular dining and shopping corridors along Irving and Judah Streets.
1254 48th Avenue offers investors the opportunity to acquire a low-maintenance multifamily asset with rental upside potential in one of San Francisco’s most desirable rental markets.
Located in the northwestern portion of the Sunset District, the property offers tenants a classic San Francisco blend of coastal living and urban convenience. The building is located steps from Ocean Beach, Golden Gate Park, and the popular dining and shopping corridors along Irving and Judah Streets.
1254 48th Avenue offers investors the opportunity to acquire a low-maintenance multifamily asset with rental upside potential in one of San Francisco’s most desirable rental markets.
Property Facts
| Price | $3,052,785 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $508,797 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 4.65% | Building Size | 4,070 SF |
| Gross Rent Multiplier | 12.89 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.47/1,000 SF |
| Zoning | RH-2 - Residential-House, Two Family | ||
| Price | $3,052,785 CAD |
| Price Per Unit | $508,797 CAD |
| Sale Type | Investment |
| Cap Rate | 4.65% |
| Gross Rent Multiplier | 12.89 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,070 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.47/1,000 SF |
| Zoning | RH-2 - Residential-House, Two Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 2+1 | 4 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Strong public transit
80/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 1703-032 | Improvements Assessment | $1,168,845 CAD |
| Land Assessment | $2,727,304 CAD | Total Assessment | $3,896,149 CAD |
Property Taxes
Parcel Number
1703-032
Land Assessment
$2,727,304 CAD
Improvements Assessment
$1,168,845 CAD
Total Assessment
$3,896,149 CAD
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1254 48th Ave
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