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    Inner Richmond Multifamily Value-Add Opportunity Title is generated by Realmo AI

    4829 California Street, San Francisco, CA 94118

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    Claim this Listing
    For Sale
    $2,800,000

    MULTI_FAMILY - San Francisco, CA

    Property size:
    4,080 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $686/SF
    Added:
    Jul 14, 2025
    Days on Market:
    331
    Last Refresh:
    Jun 9 at 6:06 am

    Property Features for 4829 California Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    9
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 7, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 9, Bedroom 4, Basement, Bedroom 2
    Parking
    3
    Parking features
    Garage
    Security features
    Security
    Window features
    Double Pane Windows
    Standard status
    Active
    APN
    1423045
    Size
    4,080 SF
    Lot size
    0.09 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1922
    Number of units
    4
    Flooring type
    Carpet, Tile

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    Listing Contact
    David Poulsen

    Listing agent David Poulsen

    Listing office eXp Realty of California, Inc 2603 Camino Ramon #200, San Ramon, CA

    Listing date Jul 14, 2025

    MLS# 425057895

    Copyright © 2026 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4‑unit building at 4829‑4835 California St with 3 vacant bedrooms/units including a 3BD/1BA and a 2BD/1BA flat
    • Two additional 2BD/1BA units in the building with good rents, providing income alongside the vacant units
    • Includes a 3‑car garage plus approximately 2,000 SF +/- of additional storage space
    • Year built 1922; flooring includes carpet and tile; baseboard heating
    • Public water and public sewer
    • Garage parking available on‑site

    Overview

    This four-unit building presents a unique opportunity in San Francisco's Inner Richmond neighborhood. Located on California Street, the property includes two vacant units: a three-bedroom, one-bathroom flat and a two-bedroom, one-bathroom flat, both ready for market-rate rental. Additionally, there are two occupied two-bedroom, one-bathroom units with existing rental income. The property is well-maintained and offers further potential with a vacant three-car garage and approximately 2,000 square feet of additional storage space, which may be suitable for an Accessory Dwelling Unit (ADU) conversion, subject to buyer verification. The property also has easy access to the roof, potentially allowing for a roof deck. Situated in a prime rental area near Clement Street, Arguello Boulevard, the Presidio Golf Course, and Golden Gate Park, the location boasts a Walk Score of 98, providing convenient access to dining, cafes, shopping, and Muni lines 1, 2, and 38. This property, with a total size of 4,080 square feet on a 0.0861-acre lot, offers long-term value, strong income potential, and an unbeatable location in a desirable San Francisco neighborhood.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $220.3k $54.00
    − Vacancy −$13.2k −$3.23
    EGI $207.1k $50.77
    − OpEx −$62.1k −$15.23
    NOI $145.0k $35.54
    4,080 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $2.07M
    $1.81M – $2.42M (±1% cap)
    NOI $145,001 @ 7.0% cap · market cap 5.18%
    Second Best
    Apartment 5plus
    $1.89M
    $1.66M – $2.21M (±1% cap)
    NOI $132,466 @ 7.0% cap · market cap 4.73%
    Theoretical Best
    Specialty Retail
    $19.93M
    $17.44M – $23.25M (±1% cap)
    NOI $1,395,039 @ 7.0% cap · market cap 49.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.469417
    Latitude
    37.784344

    FAQs

    What type of property is this?
    Quadplex - Four-unit building with income potential in a prime location.
    Where is this quadplex located?
    The property is located at 4829 California Street San Francisco, CA.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: 4‑unit building at 4829‑4835 California St with 3 vacant bedrooms/units including a 3BD/1BA and a 2BD/1BA flat; Two additional 2BD/1BA units in the building with good rents, providing income alongside the vacant units; Includes a 3‑car garage plus approximately 2,000 SF +/- of additional storage space
    More about this property
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