467 22nd Avenue, San Francisco, CA 94121, San Francisco, 94121 - 4 bed, 4 bath
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San Francisco, CA 94121
This High-Potential Investment Opportunity is a Residential Income Quadruplex listed at $1,175,000, which aligns with its $1,175,000 Fair Market Value. Featuring a Condition Rating of 4, the property includes a new 2025 roof and significant value-add potential via an unfinished basement and vacant two-car garage. Located in the Richmond District near top-rated schools like Lafayette Elementary and Presidio Middle, this asset offers strong rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to modernize a stable, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 467 22nd Avenue Subject | $1,175,000* List Price | 4 | 4 | 3,180 | $369 | - |
A 563-565 20th Avenue Sold | $1,300,000 | 4 | 2 | 3,210 | $405 | 0.2 mi |
B 740-742 37th Avenue Active | $1,400,000 List Price | 6 | 4 | 3,240 | $432 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this property is over 100 years old. While it features a brand-new roof (2025) and is currently an income-producing asset, the description of 'future upside' and an unfinished basement suggests that the kitchens, baths, and internal systems are likely dated and will require modernization to reach peak market value.
Elementary School: Lafayette Elementary School (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated just moments from Clement Street, Golden Gate Park, and Ocean Beach, this location ensures high rental demand and proximity to top-rated schools and transit.
The large unfinished basement and vacant two-car tandem garage offer a rare opportunity for future development, ADU potential, or additional storage income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3180, other record living area = 3650.
With 265 days on the market, the property may face buyer hesitation or require a strategic price re-evaluation to compete with fresher inventory.
As a 1923 build, the property likely carries the maintenance burdens of an older structure, including potential needs for seismic retrofitting or system updates.
A rare four-unit investment opportunity in the Richmond District, offering a blend of current stability and future upside. 467 22nd Avenue features four spacious one-bedroom units with abundant natural light, hardwood floors, and high ceilings. A new roof (2025) helps minimize near-term expenses, making this a low-maintenance investment. The property includes a two-car tandem garage (delivered vacant), shared backyard, and a large unfinished basement with potential for storage or future development (buyer to verify). Just moments from Clement Street, Golden Gate Park, Ocean Beach, and Land's End, with nearby MUNI access, this location supports strong, consistent rental demand. A well-located, income-producing asset with room to grow in one of San Francisco's most established rental markets.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 5.0 | 47% |
| Baths | 4.0 | 2.0 | 60% |
| Square foot | 3,180 | 3,180 | 50% |
| Lot Size | 2,997 | 2,996.93 | 60% |
| Price | $1.18M | $1.65M | 7% |
| Price per sq ft | $369 | $529 | 7% |
| Built year | 1923 | 1924 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 283 | 200 | 93% |
Aug 27, 2025
$1,175,000
Initial Listing