695 48th AVE San Francisco, CA 94121 Pending

UPDATED: 11/20/2025 05:13 AM ON MARKET: 16 days on market

$2,350,000

6 Beds6 Baths3,580 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,580 sqft

Price per Sqft $656

MLS Listing ID 425069773

Style Contemporary

Bedrooms 6

Full Baths 6

HOA Y/N No

Year Built 1960

Lot Size 2,639 Sqft

Acres 0.0606

Property Sub-Type Multi Family

Property Description

Ocean Beach Boutique Building Meets Outer Richmond Investment Potential! Discover a Rare Opportunity to Acquire a Boutique 6-unit Apartment Building Just 1 Block From Ocean Beach and Steps to Sutro Heights Park, Lands End Hiking Trails, Golden Gate Park is 2 Blocks Away, and Safeway is One Block Away. Enjoy Miles of Coastline, Breathtaking Sunsets, and Some of San Francisco's Best Hiking and Outdoor Recreation. This Coastal Location Offers Prime Lifestyle Appeal, Cafes, Restaurants, Public Transportation, and Strong Tenant Demand. 695 48th Avenue at Balboa Street Offers Six One-Bedroom, One-Bath Units, all Fully Occupied with Updated Kitchens. Amenities Include Six Parking Spaces and Six Private Storage Units, Secured in an Attached Garage with Convenient Interior Access. Recent Capital Improvements Provide Peace of Mind: Seismic Retrofit (2016), new NFPA72-Compliant Fire Alarm System (2025), and Fresh Exterior Paint (2025). This Well-Maintained Ocean Beach Property Offers Dependable Tenants, Excellent Income, and Clear Upside Potential. A Rare Chance to Acquire a Stabilized, Income-Producing Coastal Asset in one of San Francisco's Most Desirable Beachside Neighborhoods for Investors Seeking Security, Growth, and Long-Term Value.