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  • Entry Way
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  • Kitchen
  • Bedroom
  • Bath

509 44th Ave, San Francisco, CA 94121

$1,600,000
•
  • 4

    bed

  • 2

    bath

  • 2,600

    Sqft ($615/Sqft)

Multi-family for sale 32 days

About 509 44th Ave

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 1,875 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Prime investment opportunity in San Francisco's highly desirable Outer Richmond / Sutro Heights neighborhood. This fully tenant-occupied, low-maintenance 1948 duplex features two well-proportioned, light-filled units totaling approximately 2,600 sq. ft. of living space. Positioned just blocks from Ocean Beach, Lands End, and Golden Gate Park, this property offers immediate, steady cash flow in a supply-constrained coastal submarket. With strong rental demand, identical classic layouts, and solid structural fundamentals, 509-511 44th Avenue represents an exceptional addition to any buy-and-hold portfolio or 1031 exchange. The building comprises two identical two-bedroom, one-bathroom flats (approx. 1,145 sq. ft. per unit), each designed with functional layouts that consistently attract long-term tenants. A classic tunnel entrance provides private access to each flat. Both residences feature expansive living rooms, formal dining rooms for flexible living configurations, and full bathrooms equipped with separate soaking tubs and shower stalls. The kitchens offer abundant counter space and cabinetry, accommodating efficient daily operations. The ground level includes a spacious two-car side by side garage providing ample room for tenant parking, and laundry infrastructure. To the rear, a low-maintenance paved backyard offers utility and outdoor space for occupants. Situated on a quiet residential street, the location provides proximity to MUNI transit along Geary Boulevard and Balboa Street, commercial corridors, highly rated local dining, and major natural attractions including Sutro Heights and the Lands End Trail. Both units are being sold tenant-occupied; drive-by viewing only. Do not disturb occupants. Showing schedules, rent roll, and disclosure packages are available upon request. (Photos are from previous listing when unit is vacant)
Listed by
Listing Agent - Susie Lee
Listing Office - Metapoint
Source: SFARMLS mls logo
MLS#426157045 • last updated 1 month ago
Movoto checked SFARMLS for data 8 minutes ago
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Overview
Levels/Style 0, 0
SqFt 2600
SubType Duplex, Apartments
Type Residential Income
MLS # 426157045
Status Active
Lot Size (Acres) 0.043
Lot Size (SqFt) 1875
Year Built 1948
Interior
Laundry In Common Area
Total # of Rooms 10
Exterior
# Garage Spaces 2
# Parking Spaces 2
Parking Desc Attached
Lot Desc None
Location
County San Francisco
Subdistrict Outer Richmond
APN 1500-001B
Multifamily Details
Unit 2: # Bedrooms 2
Unit 2: # Full Baths 1
Unit 1 Apartment, Unit #509
Unit 2 Apartment, Unit #511
Unit 2: SqFt 1145
Unit 2 Sqft Source Measured
Unit 1: # Bedrooms 2
Unit 1: Rent 3800
Unit 2: Rent 2990
Unit 1: # Full Baths 1
Unit 1: SqFt 1145
# Units Furnished None
# Of Units Total 2
# Of 2 Bedroom Units 2
# Of Units Leased 2
Gross Rent Multiplier 19.64
Cap Rate 3.89
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Source: GreatSchools.org © 2026. All rights reserved.

Around Sutro Heights

Explore everything this neighborhood has to offer. Learn more about Sutro Heights.
71/100
Walk
66/100
Family
98/100
Dining
99/100
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  • Real Estate
  • CA
  • San Francisco County
  • San Francisco
  • 94121
  • Sutro Heights
  • 509 44th Ave

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