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724 8th Ave, San Francisco, CA, 94118

4beds
4baths
3,600sqft
$1,998,000
$555price/sqft
$12,398/moest. monthly cost
$495,920/yrincome needed

About This Home

724 8th Avenue is a pride of ownership investment opportunity in the Inner Richmond. The property consists of four one-bedroom apartments that have classic San Francisco charm. The units boast hardwood floors, high ceilings, tasteful updates, and great natural light. Each floor plan is nearly identical with a large living room and separate alcove that makes a great home office, nursery, or walk-in closet. The bedrooms are connected to the living room via French doors, offering flexibility in how the space is used. The garage can ccommodate independent parking for 3 cars. The property is conveniently located near Fulton Street, Golden Gate Park, and all of the shops, restaurants, and nightlife in the Richmond district. Owned by the same family for almost 50 years and professionally managed, the property has been maintained to a high standard. The main electrical panels have been updated and indicate 400 amps of service. The units are separately metered for gas and electricity, keeping operating expenses low. This is an excellent opportunity to purchase a turnkey asset with upside potential in a sought-after rental location.

Getting Around

89
WalkingVery Walkable
74
TransitExcellent Transit
96
BikeBiker's Paradise

Schools

Construction

Condition

  • Year built: 1924

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Interior Area

  • Total structure area: 3,600
  • Total interior livable area: 3,600 sqft

Property

Details

  • Parcel number: 1650031
  • Special condition: Standard

Lot

  • Lot size: 3,001 sqft
  • Features: None

Parking

  • Total spaces: 3
  • Parking features: Garage,See Remarks
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High

How This Home’s Risks Compare

Earthquake

FEMA Declared Disasters in San Francisco County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,102$121,224
Home Insurance *$327$3,924
Property Taxes $1,198$14,376
Electricity $771$9,263
Total$12,398$148,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$425,074/yr
40% on housing$371,940/yr
45% on housing$330,613/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$555This listing

vs Other Active Listings

Avg $/sqft

ZIP 94118$773
San Francisco County$694

vs Homes Sold Last Month

Median $/sqft

ZIP 94118$1,334
San Francisco County$986

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-19Listed for sale$1,998,000

For Sale by Agent

AgentAdam D. Filly
BrokerageCompass Commercial

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