The odds of the SFPD "investigating" a mere wallet theft are even lower than the Malibu PD trying to figure out who stole Jeff Bridges' car.
For one thing, after Prop 47, stealing anything under $950 is a misdemeanor. A misdemeanor is basically a traffic ticket for anyone already involved with the criminal justice system. Misdemeanors basically do not result in any kind of custodial sentence in CA today.
Only a reporter could get them to care at all. ("Journalist privilege" is real.) Even then, they can only care so much.