
San Francisco, CA 94118
This Quadruplex Residential Income property is a Strong Value Opportunity, listed at $2,295,000—positioned well below the $2,337,750 Fair Market Value by 1.8%. This valuation gap offers $42,750 in Instant Equity. Featuring a Mint Condition Rating in the vacant unit with a modern kitchen and in-unit laundry, the building offers immediate lifestyle appeal. Located in the Lake District near top-rated schools like Sutro Elementary and Roosevelt Middle, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4918 California Street Subject 6 bd · 4 ba · 3,510 sqft · $652 | $2,295,000* List Price | 6 | 4 | 3,510 | $652 | - |
A 724 8th Avenue Sold 4 bd · 4 ba · 3,600 sqft · $611 · 0.7 mi | $2,200,000 | 4 | 4 | 3,600 | $611 | 0.7 mi |
B 318 3rd Avenue Sold 4 bd · 4 ba · 2,892 sqft · $588 · 0.5 mi | $1,700,000 | 4 | 4 | 2,892 | $588 | 0.5 mi |
C 1714-1718 Anza Street Pending 5 bd · 5 ba · 3,572 sqft · $476 · 0.4 mi | $1,699,000 List Price | 5 | 5 | 3,572 | $476 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1923, the property features a major recent renovation (<5 years) in the vacant unit, including a modern kitchen with shaker cabinetry, quartz countertops, and stainless steel appliances. The building is described as well-maintained with updated dark-stained hardwood floors, modern lighting, and in-unit laundry, meeting the criteria for mint condition with no immediate maintenance required in the primary unit.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property includes a beautifully remodeled two-bedroom unit delivered vacant, providing a rare turn-key opportunity for an owner-user to reside in a prime location while offsetting the mortgage with income from three additional units.
Situated in the highly coveted Lake District of the Inner Richmond, the building offers immediate proximity to the Presidio, Mountain Lake Park, and top-tier public schools, ensuring high long-term appreciation and tenant demand.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 5.
As a 1923 multi-unit building in San Francisco, the three occupied units are subject to local rent control ordinances, which may limit an investor's ability to immediately adjust rents to current market rates.
Given the property's century-old construction, buyers should anticipate potential capital expenditures related to aging systems or seismic retrofitting requirements typical of San Francisco's historic housing stock.
4918 California Street is a well-maintained four-unit building ideally located in San Francisco's highly desirable Lake Street District. Built in 1923, the property features two Two Bedroom, One Bathroom units and two One Bedroom, One Bathroom units, with the one-bedroom units offering the potential to be converted to two-bedroom layouts. One beautifully remodeled Two Bedroom unit is delivered vacant along with two-car tandem garage parking, creating an exceptional opportunity for an owner-occupant or investor. The remodeled vacant unit blends thoughtful modern updates with the building's original charm and character. A spacious living and dining area is filled with natural light and highlighted by a classic bay window. The updated kitchen features shaker-style cabinetry, quartz countertops, stainless steel appliances, and a peninsula with seating. Two generously sized bedrooms, dark stained hardwood floors, and in-unit laundry complete the home. Additional highlights include two-car tandem garage parking delivered vacant and a charming landscaped rear yard offering a peaceful and private outdoor retreat. The combination of a move-in- ready vacant unit, available two-car parking, three income-producing units, and potential to increase the bedroom count provides flexibility and upside for both owner-users and investors. Situated in the coveted Lake Street District, 4918 California Street offers convenient access to the Presidio, Mountain Lake Park, neighborhood shopping and dining, public transportation, and the many amenities of the Richmond Districtan outstanding opportunity in one of San Francisco's most desirable residential neighborhoods.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.6 |
| Baths | 4.0 | 4.0 |
| Square foot | 3,510 | 3,221.149 |
| Lot Size | 2,496 | 2,766.255 |
| Price | $2.29M | $2.13M |
| Price per sq ft | $654 | $697 |
| Built year | 1923 | 1925 |
| HOA | $0 | $0 |
| Days on market | 51 | 53 |
Sep 4, 2026
$2,295,000
Initial Listing
Apr 7, 2022
$1,710,000
Public Record