1226-1228 48th Avenue, San Francisco, CA 94122, San Francisco, 94122 - 6 bed, 4 bath
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1226-1228 48th Avenue
San Francisco, CA 94122
ACTIVE
CONDITION: GOOD
6Beds
4Baths
2,563Sq Ft
3,001Lot Size
Property Price
LIST PRICE$1,299,000
EST. MARKET VALUE
$1,346,789
3% BelowMARKET VALUE
SUMMARY
This Residential Income Duplex is a Strong Value Opportunity, listed at $1,299,000—positioned well below the $1,346,789 Fair Market Value by 3%. This valuation gap offers $47,789 in Instant Equity. With a Good Condition Rating, the property features a vacant, updated 2BD/1BA unit alongside stable, tenant-occupied units. Located near Top-Rated Schools like Ulloa Elementary and Lowell High, this asset provides immediate cash flow and lifestyle appeal. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a beachside property.
Estimated Market Value
$1,346,789+$47,789 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Francisco.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1226-1228 48th Avenue Subject | $1,299,000* List Price | 6 | 4 | 2,563 | $525 | - |
A 4734-4736 Irving Street Pending | $1,295,000 List Price | 5 | 3 | 2,276 | $569 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1938, the property is well-maintained with fresh updates in the vacant upper unit, including new flooring and recessed lighting. The kitchen features modern counters and cabinetry, and the overall condition is move-in ready, fitting the 5-15 year renovation profile for a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ulloa Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Prime Beachside Location
Situated just one block from the Great Highway and Ocean Beach, the property offers exceptional access to coastal trails, the newly transformed oceanfront park, and the N Judah transit line.
- Immediate Rental Income
The property features a tenant-occupied lower 3BD/2BA unit and an additional tenant-occupied in-law unit, providing steady and immediate cash flow for investors.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2563, other record living area = 1794. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
- Tenant-Occupied Units
With two units currently occupied by tenants, the buyer will face immediate limitations on rental rate adjustments and full possession due to San Francisco's strict tenant laws.
- Aging Infrastructure
Built in 1938, this older coastal property may require ongoing maintenance, deferred repairs, or costly capital improvements to its structural and mechanical systems over time.
About 1226-1228 48th Avenue
A Dreamy Sunset Duplex Right by the Beach! These well-maintained units are delivered with one vacant top unit and one occupied lower unit. The vacant upper 2BD/1BA residence features fresh updates, new bedroom flooring, and backyard access from both bedrooms. The lower unit is tenant-occupied with 3BD/2BA. Also included is a tenant-occupied in-law unit, providing immediate and stable rental income. All units offer abundant natural light, creating a bright and comfortable living space. Located just one block from the Great Highway, major transportation lines, and the newly transformed oceanfront park, this home enjoys immediate access to the beach, coastal trails, golf courses, playgrounds, and the N Judah transit line, ideal for surfers, beach lovers, and runners alike. This property delivers the perfect blend of lifestyle, convenience, and investment potential in one of San Francisco's most iconic beachside neighborhoods.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1938
- Lot Size
- 3,001 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Key (Francis Scott) Elementary School
Grades K-5 • 0.5 mi
9/10
Sunset Elementary School
Grades K-5 • 1.0 mi
9/10
Stevenson (Robert Louis) Elementary School
Grades K-5 • 1.3 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.8 |
| Baths | 4.0 | 4.0 |
| Square foot | 2,563 | 3,171.882 |
| Lot Size | 3,001 | 2,678.029 |
| Price | $1.30M | $2.08M |
| Price per sq ft | $507 | $709 |
| Built year | 1938 | 1925 |
| HOA | $0 | $0 |
| Days on market | 12 | 66 |
Pricing History
Listed for Sale
Aug 28, 2026
$1,299,000
Initial Listing