
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 | $2,295,000* List Price | 8 | 4 | 3,510 | $666 | - |
A 255 5th Avenue Active | $2,300,000 List Price | 7 | 3 | 3,312 | $694 | 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 District of the Inner Richmond. Built in 1923, the property features four spacious Two Bedroom, One Bathroom units, including one beautifully remodeled unit delivered vacant with parkingcreating 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 the vacant street-facing garage and a charming, landscaped rear yard offering a peaceful and private outdoor retreat. The combination of a move-in-ready vacant unit, available garage parking, and three additional income-producing units provides flexibility for both owner-users and investors. Situated in the coveted Lake 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 | 8.0 | 4.8 |
| Baths | 4.0 | 4.0 |
| Square foot | 3,510 | 3,171.882 |
| Lot Size | 2,496 | 2,678.029 |
| Price | $2.29M | $2.08M |
| Price per sq ft | $654 | $709 |
| Built year | 1923 | 1925 |
| HOA | $0 | $0 |
| Days on market | 5 | 66 |
Sep 4, 2026
$2,295,000
Initial Listing
Apr 7, 2022
$1,710,000
Public Record