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1801 38th Ave
San Francisco, CA 94122
Multifamily Property For Sale
·
4 Units
Executive Summary
1801 38th Avenue presents the opportunity to acquire a well-maintained four (4) unit multifamily property in San Francisco’s desirable Outer Sunset neighborhood, just blocks from Ocean Beach and Golden Gate Park. Built in 1957, the building totals approximately 3,589 square feet on a 2,208 square foot lot and features a unit mix of three (3) one-bedroom / one-bath units and one (1) three-bedroom / two-bath unit along with six (6) on-site parking spaces.
The units feature practical layouts with hardwood flooring in bedrooms, spacious living areas with large windows, and kitchens equipped with granite countertops, gas stoves, and wood cabinetry. The property also offers strong parking income potential and an efficient building layout with central staircase access.
1801 38th Avenue provides significant rental upside with current rents well below market levels, creating a compelling value-add opportunity for investors. The property offers substantial projected rental upside as units turn over and are brought to market levels.
Ideally located in the heart of the Outer Sunset, the building offers residents easy access to Ocean Beach, Golden Gate Park, neighborhood dining along Irving and Noriega Streets, and convenient public transportation options connecting to the rest of San Francisco.
The units feature practical layouts with hardwood flooring in bedrooms, spacious living areas with large windows, and kitchens equipped with granite countertops, gas stoves, and wood cabinetry. The property also offers strong parking income potential and an efficient building layout with central staircase access.
1801 38th Avenue provides significant rental upside with current rents well below market levels, creating a compelling value-add opportunity for investors. The property offers substantial projected rental upside as units turn over and are brought to market levels.
Ideally located in the heart of the Outer Sunset, the building offers residents easy access to Ocean Beach, Golden Gate Park, neighborhood dining along Irving and Noriega Streets, and convenient public transportation options connecting to the rest of San Francisco.
Property Facts
| Price Per Unit | $520,117 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 4,896 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | Parking Ratio | 1.23/1,000 SF |
| Building Class | C | ||
| Zoning | RH2 | ||
| Price Per Unit | $520,117 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 4,896 SF |
| No. Stories | 3 |
| Year Built | 1957 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | RH2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
Property Taxes
| Parcel Number | 2075-001 | Improvements Assessment | $190,337 CAD |
| Land Assessment | $88,208 CAD | Total Assessment | $278,780 CAD |
Property Taxes
Parcel Number
2075-001
Land Assessment
$88,208 CAD
Improvements Assessment
$190,337 CAD
Total Assessment
$278,780 CAD
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