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    Two-Unit Flats with Garden-Level Title is generated by Realmo AI

    546-548 17th Avenue, San Francisco, CA 94121

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    Claim this Listing
    Pending
    $1,795,000

    MULTI_FAMILY - Other - San Francisco, CA

    Property size:
    3,390 SF
    Lot size:
    0.07 Acres
    Added:
    Mar 23, 2026
    Days on Market:
    88
    Last Refresh:
    Jun 18 at 5:06 am

    Property Features for 546-548 17th Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bedroom 4, Bedroom 1, Bathroom 3, Laundry Room, Basement, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 3
    Parking
    1
    Parking features
    Garage
    Window features
    Bay Window(s)
    Fencing
    Fenced
    Appliances
    Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Varies By Unit, Washer/Dryer
    Standard status
    Pending
    APN
    1559031
    Size
    3,390 SF
    Lot size
    0.07 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Wall Furnace, Central
    Water source
    Public

    Building Details

    Year built
    1922
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Tile, Wood, Carpet
    Building materials
    Fiber Cement, Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    Timothy G Fong

    Listing agent Timothy G Fong

    Listing office Compass 891 Beach St., Beverly Hills, CA

    Listing date Mar 23, 2026

    MLS# 426129964 Listing URL

    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.

    HighLights

    • 546‑548 17th Avenue multi‑unit property in San Francisco’s Central Richmond; year built 1922
    • Top‑floor flat (546 17th Ave) is delivered vacant and features 2 bedrooms + sunroom and 2 bathrooms
    • Lower flat (548 17th Ave) is tenant‑occupied with 2 bedrooms + sunroom and 2 bathrooms, renting for $2201/mo
    • Vacant garden‑level bonus space includes 2 rooms with closets, 1 bathroom, a multi‑purpose area, and a wet bar
    • Includes a vacant one‑car garage plus laundry space and storage
    • Public water and public sewer; heating includes wall furnace and central; exterior materials include fiber cement and stucco

    Overview

    This well-maintained multi-unit property includes two full-floor flats and an additional garden-level bonus area. The top-floor flat is delivered vacant and features a spacious full-floor layout with 2 bedrooms, a sunroom, and 2 bathrooms, along with a generous living room, formal dining room, and a large kitchen. The lower flat nearly mirrors the layout with 2 bedrooms, a sunroom, and 2 bathrooms, including a bright living room, dining room, and kitchen, and it is currently tenant-occupied and paying $2,201 per month.

    A large vacant garden-level bonus space adds flexibility, with two rooms (including closets), 1 bathroom, a multi-purpose area, and a wet bar. The property also includes a vacant one-car garage, along with laundry space and storage intended for the owner/user.

    Set in San Francisco’s Central Richmond, the property is near Clement Street, Geary Boulevard, and California Street, with nearby access to Golden Gate Park and public transportation, as well as the VA Hospital and Kaiser. The layout supports both owner-occupancy and investment use, particularly with a vacant top unit for immediate move-in while maintaining rental income from the lower unit.

    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 $183.1k $54.00
    − Vacancy −$10.9k −$3.23
    EGI $172.1k $50.77
    − OpEx −$51.6k −$15.23
    NOI $120.5k $35.54
    3,390 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.72M
    $1.51M – $2.01M (±1% cap)
    NOI $120,479 @ 7.0% cap · market cap 6.71%
    Second Best
    Apartment 5plus
    $1.57M
    $1.38M – $1.83M (±1% cap)
    NOI $110,063 @ 7.0% cap · market cap 6.13%
    Theoretical Best
    Specialty Retail
    $16.56M
    $14.49M – $19.32M (±1% cap)
    NOI $1,159,113 @ 7.0% cap · market cap 64.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.4756321
    Latitude
    37.7776412

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-unit building with a vacant top flat and tenant-occupied lower unit, plus a versatile garden-level bonus space.
    Where is this duplex located?
    The property is located at 546-548 17th Avenue San Francisco, CA.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: 546‑548 17th Avenue multi‑unit property in San Francisco’s Central Richmond; year built 1922; Top‑floor flat (546 17th Ave) is delivered vacant and features 2 bedrooms + sunroom and 2 bathrooms; Lower flat (548 17th Ave) is tenant‑occupied with 2 bedrooms + sunroom and 2 bathrooms, renting for $2201/mo
    More about this property
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