4829 California Street, San Francisco, CA 94118, San Francisco, 94118 - 9 bed, 4 bath
4829 California Street
San Francisco, CA 94118
Property Price
SUMMARY
Analysis of 4829 California Street, San Francisco, CA 94118 is currently available with a list price of $2,800,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1922, this multi-unit property is described as well-maintained but shows signs of its age consistent with the 'fair' criteria. While the vacant units are move-in ready for tenants, the property is marketed as a 'value-add' opportunity with 'high-potential,' implying that kitchens, bathrooms, and major systems are functional but likely outdated and in need of modernization to achieve peak market value. The presence of original architectural details and the need for potential seismic or system upgrades typical of century-old San Francisco structures align with a well-kept but aged classification.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Upside
With two units delivered vacant, including a large 3-bedroom flat, investors can immediately capture market-rate rents or utilize the space for an owner-user opportunity without tenant relocation hurdles.
- Significant Value-Add Potential
The property features approximately 2,000 sqft of additional storage space and a vacant 3-car garage, providing a prime opportunity for ADU conversion or expansion to significantly increase the asset's value.
- Prime Inner Richmond Location
Boasting a Walk Score of 98, the building is steps away from the Presidio, Golden Gate Park, and the Clement Street retail corridor, ensuring historically high tenant demand and long-term appreciation.
CONSRISKS & DEFICIENCIES
- Rent Control Restrictions
As a multi-unit building in San Francisco with two occupied units, the property is subject to strict local rent control ordinances, which limits the ability to immediately adjust all units to market-rate pricing.
- Vintage Building Maintenance
Originally constructed in 1922, the property may require significant capital expenditures for seismic retrofitting or system upgrades common in century-old structures to meet modern standards.
About 4829 California Street
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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1922
- Lot Size
- 3,750.52 Sq. Ft.
Interior
- Total Bedrooms
- 9
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 5.0 | 85% |
| Baths | 4.0 | 2.0 | 70% |
| Square foot | 4,080 | 3,070 | 80% |
| Lot Size | 3,750.52 | 2,998.465 | 95% |
| Price | $2.80M | $1.80M | 75% |
| Price per sq ft | $686 | $683 | 50% |
| Built year | 1922 | 1910 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 237 | 181 | 80% |
Pricing History
Listed for Sale
Jul 14, 2025
$2,800,000
Initial Listing