
San Francisco, CA 94122
This Multifamily Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,925,000—positioned well below the $2,195,383 Fair Market Value by 12%. This valuation gap offers $270,383 in Instant Equity. Featuring a Good Condition Rating, the property includes a Remodeled Granite Kitchen, Luxury Vinyl Plank Flooring, and a rare Four-Car Parking Ratio. With 100% occupancy and proximity to Top-Rated Schools like Ulloa Elementary and Lowell High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1423-1425 47th Avenue Subject 6 bd · 0 ba · 4,158 sqft · $528 | $1,925,000* List Price | 6 | 0 | 4,158 | $528 | - |
A 1801 38th Avenue Pending 6 bd · 5 ba · 3,589 sqft · $425 · 0.7 mi | $1,525,000 List Price | 6 | 5 | 3,589 | $425 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1974 but features significant interior updates that align with a 'Good' rating. The kitchens have been remodeled with granite countertops and tile, and the living areas feature modern luxury vinyl plank flooring. As a fully occupied, turnkey asset, the property appears well-maintained and move-in ready despite its chronological age.
Elementary School: Ulloa Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property features a two-car garage plus driveway space for two additional vehicles, offering a total of four parking spots which is a rare and highly valuable premium in the San Francisco rental market.
With remodeled kitchens featuring granite countertops and luxury vinyl plank flooring throughout, the units offer a modern aesthetic that reduces immediate capital expenditure requirements for a new owner.
The presence of a non-conforming one-bedroom unit may present potential zoning compliance issues or complicate traditional financing and appraisal valuations.
As a fully occupied multi-unit asset in San Francisco, the property is subject to local rent control ordinances, which may limit the immediate ability to bring all rents up to current market rates.
1423-1425 47th Avenue presents an attractive investment opportunity in San Francisco, offering a fully occupied three-unit multifamily property with stable in-place income and strong tenant demand. Built circa 1974, the property consists of two spacious three-bedroom, two-bathroom units and one non-conforming one-bedroom, one-bathroom unit, creating a desirable unit mix that appeals to a broad tenant base. The asset benefits from a highly functional layout, including a two-car garage located beneath the building and additional driveway parking for up to two vehicles, a valuable amenity in the San Francisco rental market. The property has been updated over time and is well-positioned for continued rental performance. The kitchens were remodeled and feature granite countertops, tile flooring, and updated finishes, while luxury vinyl plank flooring extends throughout the living areas of each unit. Tenants also enjoy access to a shared backyard space, enhancing the property's overall appeal. With 100% occupancy, updated interiors, ample parking, and outdoor space, 1243 47th Street offers investors a turnkey income-producing asset with the potential for long-term appreciation and future rental growth.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.6 |
| Baths | 0.0 | 4.0 |
| Square foot | 4,158 | 3,221.149 |
| Lot Size | 3,001 | 2,766.255 |
| Price | $1.93M | $2.13M |
| Price per sq ft | $463 | $697 |
| Built year | 1974 | 1925 |
| HOA | $0 | $0 |
| Days on market | 31 | 53 |
Sep 23, 2026
$1,925,000
Initial Listing
Mar 30, 2011
$870,500
Public Record
Feb 4, 2000
$600,000
Public Record