471 31st Avenue San Francisco, CA 94121
MULTI_FAMILY - Contemporary - San Francisco, CA
- Added:
- Jul 2, 2026
- Days on Market:
- 10
- Last Refresh:
- Jul 11 at 1:06 am
Property Features for 471 31st Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 6
- Rooms
- Bedroom 7, Bedroom 3, Bathroom 6, Bathroom 5, Bathroom 1, Basement, Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 3, Laundry Room, Bedroom 1, Bedroom 4, Bedroom 8, Bedroom 2, Bathroom 4
- Parking
- 3
- Parking features
- Garage
- Window features
- Bay Window(s)
- Standard status
- Active
- APN
- 1463016
- Size
- 4,624 SF
- Lot size
- 0.07 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Water source
- Public
Building Details
- Year built
- 1989
- Floors in Building
- 4
- Number of units
- 4
- Building materials
- Concrete, Wood
- Roof type
- Composition
- Architectural style
- Contemporary
Listing agent Andrew de Vries (415) 585-5200
Listing office Berkshire Hathaway-Franciscan 677 Portola Dr., San Francisco, CA (415) 664-9400
Listing date Jul 2, 2026
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.
The second primary flat offers a similar 3BD/2BA layout with a living room, formal dining room with fireplace, eat-in kitchen, primary suite, and two rear bedrooms. The ground level includes a large garage, a separate storage/workshop room, a 1BD/1BA bonus apartment of approximately 651 sq. ft., and a common backyard. The property is to be delivered vacant at close and is ready for renovation and modernization.
Legally recognized as a two-family dwelling, with possible future legalization of the bonus apartments described as subject to buyer investigation and City approval. Nearby recreational and coastal destinations include Golden Gate Park, Ocean Beach, and Lands End, with shopping, dining, and transit corridors along Clement, Balboa, California, and Geary Street. Buyer to verify square footage, permits, legal use, zoning, development potential, and all improvements.
Key Highlights
- Two‑family dwelling legally recognized, with approx. 4624 sq. ft. of living space and built in 1989
- Includes two spacious 3BD/2BA primary flats, each with LR, formal DR with FP, eat‑in kitchen, and rear bedrooms
- Bonus apartments: approx. 796 sq. ft. 1BD/1BA penthouse with direct roof access, plus approx. 651 sq. ft. 1BD/1BA on the ground level
Local Financial Insights For Multifamily LT 5
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 | $249.7k | $54.00 |
| − Vacancy | −$14.9k | −$3.23 |
| EGI | $234.8k | $50.77 |
| − OpEx | −$70.4k | −$15.23 |
| NOI | $164.3k | $35.54 |
