
San Francisco, CA 94118
This Strong Value Opportunity is a well-maintained Quadruplex listed at $1,700,000—positioned well below the $1,847,958 Fair Market Value by 8%. This valuation gap provides $147,958 in Instant Equity. With a Condition Rating of 3, the property features a stable unit mix and a vacant garage, offering significant value-add potential. Located in the Inner Richmond near top-rated schools like Roosevelt Middle, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term rental demand and future upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 318 3rd Avenue Subject | $1,700,000* List Price | 4 | 4 | 2,892 | $639 | - |
A 239 241 Masonic Avenue Sold | $1,860,000 | 3 | 3 | 3,070 | $606 | 0.8 mi |
B 704 Arguello Boulevard Pending | $1,975,000 List Price | 4 | 2 | 2,650 | $745 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1910, the property is described as well-maintained and shows evidence of updates including double-pane windows, modern exterior paint, and clean interior finishes with well-kept hardwood floors. It appears move-in ready and functional for tenants, suggesting a renovation or significant maintenance within the 5-15 year range.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated between Clement Street and Geary Boulevard, the property offers immediate access to Golden Gate Park, the Presidio, and a vibrant retail corridor, ensuring high tenant demand and long-term asset stability.
The inclusion of a sizable rear yard and a garage delivered vacant provides a rare opportunity for owner-user parking, additional storage income, or potential ADU development to increase the property's yield.
Constructed in 1910, the property likely requires ongoing capital investment for system upgrades and seismic retrofitting common to century-old San Francisco structures.
The unit mix is restricted to one-bedroom and studio layouts, which may limit the appeal for larger families and cap the potential rental upside compared to buildings with multi-bedroom units.
Compass Commercial is pleased to present 318 3rd Avenue, a well-maintained four-unit apartment building located in San Francisco's highly desirable Inner Richmond neighborhood. Situated between Clement Street and Geary Boulevard, the property enjoys immediate access to some of the City's most sought-after amenities, including Golden Gate Park, University of San Francisco, and Presidio of San Francisco. Residents benefit from a vibrant neighborhood atmosphere with an abundance of restaurants, cafs, retail services, and convenient public transportation options throughout the Richmond District. The property consists of Four (4) spacious one-bedroom, one-bathroom units. The building features a functional unit mix that appeals to a broad tenant base seeking housing in one of San Francisco's most stable and desirable residential neighborhoods. A sizable rear yard with separate access provides additional outdoor space and future potential, while the garage will be delivered vacant, creating an opportunity for owner-user parking, storage, or potential value-add improvements. 318 3rd Avenue offers investors the rare opportunity to acquire a boutique apartment building in a premier San Francisco location with strong long-term rental demand. The property's proximity to Clement Street's neighborhood retail corridor, major employment centers, outdoor recreation, and educational institutions makes it an attractive asset for both investors and owner-users seeking stable occupancy and future upside potential. This is an exceptional opportunity to purchase a well-located Inner Richmond apartment building in one of San Francisco's most enduring and desirable residential neighborhoods
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,892 | - |
| Lot Size | 2,997 | - |
| Price | $1.70M | $2.06M |
| Price per sq ft | $588 | $729 |
| Built year | 1910 | 0 |
| HOA | $0 | $0 |
| Days on market | 20 | 62 |
Jul 2, 2026
$1,700,000
Initial Listing