Realkey.ai
RealKey
‪(213) 433-7766‬

4829 California Street, San Francisco, CA 94118, San Francisco, 94118 - 9 bed, 4 bath

4829 California Street, San Francisco, CA 94118 home-pic-0
ACTIVE$2,800,000$4,080/sqft
4829 California Street, San Francisco, CA 94118
9Beds
4Baths
4,080Sqft
3,750.52Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location & Amenities: Situated in San Francisco's coveted Inner Richmond with a Walk Score of 98, offering immediate access to dining, shopping, parks (Golden Gate Park, Presidio Golf Course), and multiple Muni lines.
Top Cons:
High Capital Investment: The property carries a substantial list price of $2,800,000, representing a significant financial commitment typical for the San Francisco market.

Compared to the nearby listings

Price:$2.80M vs avg $1.80M (+$1,000,000)79%
Size:4,080 sqft vs avg 3,575 sqft68%
Price/sqft:$686 vs avg $68153%

More Insights

Built in 1922 (104 years old).
Condition: The property, built in 1922, is aged but appears well-maintained with fresh paint and newer-looking carpets in living areas. However, the kitchen is significantly outdated with older white cabinets, laminate countertops, basic black appliances, and dated terracotta-style floor tiles and backsplash. While functional, it requires substantial updates to meet current aesthetic and quality standards. No bathroom images were provided, but given the kitchen's condition, it's likely they are similarly dated. The property's major components are functional but show clear signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1922
Close
-
List price
$2.8M
Original List price
-
Price/Sqft
$686
HOA
$0
Days on market
-
Sold On
-
MLS number
425057895
Home ConditionFair
Features
View-

About this home

Rare opportunity to acquire a high-potential 4-unit building in San Francisco's coveted Inner Richmond. 4829-4835 California St features two vacant units, including a spacious 3 BD, 1 BA flat and a 2 Bd 1 Ba flat ready for market-rate rental, plus two well-proportioned 2 BD, 1 BA units with good rents. This well-maintained property offers excellent upside with a vacant 3-car garage and double the storage space approx 2,000 sqft +/- of additional space, ideal for additional income or future ADU conversion (buyer to verify). Also has ez access to roof for possible roof deck! Located in a prime rental corridor near Clement Street, Arguello Blvd, the Presidio Golf Course, and Golden Gate Park. With a Walk Score of 98, enjoy immediate access to dining, cafes, shopping, and Muni lines 1, 2, and 38. A rare investment with long-term value, strong income potential, value-add and an unbeatable location in one of San Francisco's most desirable neighborhoods.

D
David Poulsen
Listing Agent
Condition Rating
Fair
The property, built in 1922, is aged but appears well-maintained with fresh paint and newer-looking carpets in living areas. However, the kitchen is significantly outdated with older white cabinets, laminate countertops, basic black appliances, and dated terracotta-style floor tiles and backsplash. While functional, it requires substantial updates to meet current aesthetic and quality standards. No bathroom images were provided, but given the kitchen's condition, it's likely they are similarly dated. The property's major components are functional but show clear signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exceptional Location & Amenities: Situated in San Francisco's coveted Inner Richmond with a Walk Score of 98, offering immediate access to dining, shopping, parks (Golden Gate Park, Presidio Golf Course), and multiple Muni lines.
Significant Income Upside: Features two vacant units (3 BD/1 BA and 2 BD/1 BA) ready for market-rate rental, providing immediate opportunity to maximize rental income.
Strong Value-Add Potential: Includes a vacant 3-car garage and approximately 2,000 sqft of additional storage space, ideal for future ADU conversion or additional income streams.
Development Opportunities: Easy roof access presents the possibility for a future roof deck, enhancing tenant appeal and property value.
Well-Maintained Multi-Unit Asset: A well-maintained 4-unit building in a prime location, offering stable existing income from two units and long-term investment value.

Cons

High Capital Investment: The property carries a substantial list price of $2,800,000, representing a significant financial commitment typical for the San Francisco market.
Age of Building: Constructed in 1922, the property, despite being well-maintained, may eventually require updates to older systems or components, potentially incurring future capital expenditures.
ADU Conversion Requires Verification: While ADU conversion is a stated potential, it requires the buyer's verification, due diligence, and likely considerable investment and permitting processes, which are not guaranteed.
Browse Properties by State Browse housing market trends by state