1801 38th Ave, San Francisco, CA 94122

Property Description

1801 38th Avenue presents the opportunity to acquire a well-maintained four (4) unit multifamily property in San Francisco's desirable Outer Sunset neighborhood, just blocks from Ocean Beach and Golden Gate Park. Built in 1957, the building totals approximately 3,589 square feet on a 2,208 square foot lot and features a unit mix of four (4) one-bedroom, one-bath units along with six (6) on-site parking spaces. The units feature practical layouts with hardwood flooring in bedrooms, spacious living areas with large windows, and kitchens equipped with granite countertops, gas stoves, and wood cabinetry. The property also offers strong parking income potential and an efficient building layout with central staircase access. 1801 38th Avenue provides significant rental upside with current rents well below market levels, creating a compelling value-add opportunity for investors. The property offers substantial projected rental upside as units turn over and are brought to market levels. Ideally located in the heart of the Outer Sunset, the building offers residents easy access to Ocean Beach, Golden Gate Park, neighborhood dining along Irving and Noriega Streets, and convenient public transportation options connecting to the rest of San Francisco.