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Newly Painted 5-Unit Multifamily Building
For Sale
Under Contract
$2,397,000

1217-1219 Kearny Street, San Francisco, CA 94133

MULTI_FAMILY - San Francisco, CA

Property Size3,240 SF
Lot Size0.03 Acres
Price / SF$739.81
Days on Market179

Property Features for 1217-1219 Kearny Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 3, Laundry Room, Bathroom 2, Bedroom 2, Bathroom 3
Parking 1
Parking features Leased
Appliances Washer/Dryer Leased
Lot features Shape Regular, Shape Regular
View City, Bridge
Elementary school district San Francisco
Middle school district San Francisco
High school district San Francisco
Directions Travel on Grant Avenue, R-on Green and R-on Kearny (Suggestion : Best to park on meters on Grant Ave-usually-more spaces available, and walk to the property)
Subdivision SF District 8
Standard status Active Under Contract
APN 0132004
Size 3,240 SF
Lot size 0.03 Acres

Utilities

Heating system Electric (Heating)

Building Details

Year built 1910
Floors in Building 3
Number of units 5
Building materials Frame, Wood, Wood Siding
Listing Agency: Century 21 Masters · Century 21 Real Estate
Listed By: Sunny S Lau · License #01348288
Added: Feb 3 Changed: Jul 28 Last Checked: Aug 1 at 3:06AM
MLS# 426100985

Copyright © 2026 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This newly painted, three-story multifamily building is configured as five units and includes five bathrooms. The unit mix consists of two studios, one junior one-bedroom on the ground floor, one vacant two-bedroom unit, and a penthouse full one-bedroom on the top level. The property also features a roof deck designed for outdoor access and elevated views.

Located at 1217-1219 Kearny Street in San Francisco (94133), the building is described as being in the Telegraph Hill area. Public remarks note it is steps from North Beach’s dining and culture, with easy shopping and convenient public transportation. The property is also described as within walking distance of the San Francisco Financial District, Fisherman Wharf, Pier 39, and Ghirardelli Square.

For investors or owner-operators, this small building offers a diversified mix of studio, one-bedroom, and two-bedroom units, plus a currently vacant two-bedroom that may support immediate re-leasing. With outdoor roof-deck space and a top-level penthouse unit, the layout can appeal to tenants looking for both indoor living space and an elevated shared amenity within a walkable urban setting.

Key Highlights

  • 5‑unit, 3‑story building with 5 bathrooms
  • Roof deck with 360‑degree panoramic views of the city
  • Unit mix includes 2 studios, 1 junior 1‑bedroom (ground floor), 1 vacant 2‑bedroom, and 1 penthouse 1‑bedroom (top unit)

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $204.1k $63.00
− Vacancy −$12.9k −$3.97
EGI $191.3k $59.03
− OpEx −$86.1k −$26.56
NOI $105.2k $32.47
3,240 SF · lease $63.00/SF/yr · vacancy 6.30% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,193 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$15.83M
$13.85M – $18.46M (±1% cap)
NOI $1,107,825 @ 7.0% cap · market cap 46.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Adult Day Care Buffet Clothing & Fashion Store Pet Grooming Service Nursing Home Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

21,316
Businesses Nearby

Demographics for 94133, CA

26,751
Population
15,733
Households
1.7
Avg Household Size
41
Median Age
55%
College-Educated
80%
High-School Grad
0.7 sq mi
ZIP Area
38,216
Density / Sq Mi
$83,025
Median Household Income
$78,478
Median Earnings
$1,985
Median Rent
$1,519,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit, three-story building with a newly painted exterior and roof deck, including one vacant 2-bedroom unit.
Where is this apartment building located?
The property is located at 1217-1219 Kearny Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,397,000.
What are key features of this property?
This property features: 5‑unit, 3‑story building with 5 bathrooms; Roof deck with 360‑degree panoramic views of the city; Unit mix includes 2 studios, 1 junior 1‑bedroom (ground floor), 1 vacant 2‑bedroom, and 1 penthouse 1‑bedroom (top unit)
More about this property
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