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483 22nd Ave

San Francisco CA 94121

12
11
8664 sq. ft.
5750 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Exceptional nine-unit multifamily investment opportunity in San Francisco's highly desirable Outer Richmond / Central Richmond neighborhood. Situated on a commanding corner at 22nd Avenue and Anza Street, this well-maintained property combines strong in-place income, meaningful upside, and a rare parking package in one of the city's most livable residential districts. The asset consists of two buildings joined by a common wall on a single corner lot, delivering nine residential units - eight traditional apartments plus one ADU. Soft-story seismic retrofit work has been fully designed and completed, removing a major capital-expenditure uncertainty for the next owner. The building is extremely well maintained, with many new windows replaced on the north and west elevations. All non-ADU units are notably large and feature formal living rooms and formal dining rooms - each with independent access from a common hall allowing the formal dining rooms to serve as an optional additional bedroom providing flexibility for tenants and future rent growth. A true standout is the parking inventory: eight independent garages providing eleven spaces three 2-car tandem garages and five single-car garages. This ratio is highly attractive in a neighborhood where on-street parking is constrained and supports both tenant retention and rental premiums. Location is a core strength. The property sits on a quiet residential corner steps from Golden Gate Park, with Ocean Beach, the Presidio, Lands End, and major transit corridors nearby. Geary Boulevard's 38/38R Muni Rapid lines provide frequent service to downtown, while Balboa Street, Clement Street and Geary Blvd offer everyday shopping, dining, and other conveniently located services.

Features

12 bedrooms
11 carspaces
11 garage spaces
8664 sq. ft. floor area
5750 sq. ft. lot size
Multi-Family

Property history for 483 22nd Ave

2012
Sold
$2,574,545
26 Oct 2012 by Allison Chapleau, of Alain Pinel Investment Group

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Local market activity for 12 bedroom multi families in San Francisco

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Sales:
(619) 566-0008
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