1677 48th Avenue, San Francisco, CA 94122, San Francisco, 94122 - 5 bed, 0 bath
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San Francisco, CA 94122
This Dual-Residence Coastal Property is a rare Residential Income asset featuring two detached buildings delivered vacant. Listed at $2,500,000, the property sits above the $2,228,965 Fair Market Value, a premium justified by its Two-Car Garage and prime location just one block from the beach. While maintaining a Fair Condition Rating following its 2001 updates, the Panoramic Pacific Views and versatile layout offer significant appreciation potential through modernization. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking an unbeatable coastal lifestyle.
Property is moderate renovation needed.
The property was built in 1904 and underwent its last extensive renovation in 2001. According to the criteria, a property renovated between 15 to 30 years ago is classified as 'fair.' While the structure appears well-maintained, the 23-year-old interior finishes and systems are likely outdated by modern standards, and the coastal location shows visible weathering on exterior surfaces and the roof deck.
The rare configuration of two separate buildings on a single lot, both delivered vacant, provides exceptional flexibility for owner-occupants, multi-generational families, or investors seeking immediate rental income.
Located just one block from the ocean, the property offers an unbeatable location for outdoor enthusiasts, complemented by a spectacular roof deck featuring panoramic Pacific Ocean views.
The inclusion of a two-car garage plus additional driveway parking is a highly coveted and rare asset in San Francisco, significantly increasing the property's functional value and appeal.
With the primary renovations dating back to 2001, the interior finishes and systems may require modern updates to meet the expectations of today's luxury buyers.
The property's extreme proximity to the ocean subjects the exterior to harsh salt air and fog, which typically leads to accelerated wear and higher ongoing maintenance costs.
This exceptional two-unit property offers a rare opportunity to own two separate buildings on one lot, ideal for an owner-user or investor seeking strong income potential and an unbeatable coastal lifestyle. Both units will be delivered vacant, providing immediate flexibility for occupancy or rental strategy. Just one block from the ocean, this location is a dream for outdoor enthusiasts and creatives alike. Start your mornings surfing the Pacific, spend afternoons biking or running along scenic coastal paths, explore nearby hiking trails, or enjoy fishing along the coast. The natural beauty and vibrant energy of the area also create an inspiring setting for artists and creatives. The front residence, extensively renovated in 2001, features 5 bedrooms and 5 bathrooms, along with additional versatile multi-use rooms perfect for studios, offices, or guest accommodations. The spacious kitchen with dining area flows into a welcoming living room with a gas fireplace. Above it all, a spectacular roof deck captures breathtaking panoramic views with a dramatic focus on the Pacific Ocean, an ideal retreat after a day outdoors. The property also includes a two-car garage plus additional driveway parking, a rare and valuable amenity in this prime coastal location. Conveniently situated near Gus's Community Market and public transportation for an easy downtown commute, the property blends coastal tranquility with urban accessibility. The detached one-bedroom, one-bathroom rear home offers privacy and flexibility, perfect for rental income, extended family, or a private creative retreat.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 0.0 | 3.0 | 16% |
| Square foot | 3,355 | 3,075 | 68% |
| Lot Size | 2,848.824 | 2,374.02 | 72% |
| Price | $2.50M | $1.75M | 88% |
| Price per sq ft | $745 | $645 | 76% |
| Built year | 1904 | 1925 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 167 | 4% |
Feb 20, 2026
$2,500,000
Initial Listing