Victorian Duplex with Private
For Sale
$2,495,000
61-61A Diamond Street, San Francisco, CA 94114
Residential Income, San Francisco, CA
Property Size2,771 SF
Lot Size0.07 Acres
Price / SF$900.40
Days on Market22
Property Features for 61-61A Diamond Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Laundry Room, Bedroom 2, Bathroom 3
Parking
1
Parking features
Garage
Appliances
Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator
Lot features
Garden, Landscaped, Garden, Landscaped
Subdivision
SF District 5
Standard status
Active
APN
2648028
Size
2,771 SF
Lot size
0.07 Acres
Utilities
Heating system
Zoned
Amenities
in-unit laundry
walkout deck
backyard
Building Details
Year built
1908
Floors in Building
3
Number of units
2
Flooring type
Wood
Architectural style
Victorian
Listing Agency:
Compass
(415) 660-9955
Listed By:
C.M. Foo
(415) 706-6550
Added: Aug 1
Changed: Aug 22
Last Checked: Aug 22 at 6:06PM
MLS# 426155024
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.
Built in 1908, this Victorian duplex contains two residences within 2,771 square feet. The primary home spans two levels with approximately 1,700 square feet, while a separate apartment provides additional residential space. The main residence is vacant and includes an open floor plan, high ceilings, wood flooring, zoned heating, in-unit laundry, and abundant natural light. A private garage offers interior access, and a walkout deck extends toward the deep backyard.
The property sits at 61-61A Diamond Street in San Francisco’s Eureka Valley, near Dolores Park, a Muni station, Whole Foods, and the Castro. Existing appliances include a dishwasher, disposal, free-standing gas range, and free-standing refrigerator. The 0.0717-acre parcel combines a historic Victorian exterior with multiple residential living areas and outdoor space.
The property sits at 61-61A Diamond Street in San Francisco’s Eureka Valley, near Dolores Park, a Muni station, Whole Foods, and the Castro. Existing appliances include a dishwasher, disposal, free-standing gas range, and free-standing refrigerator. The 0.0717-acre parcel combines a historic Victorian exterior with multiple residential living areas and outdoor space.
Key Highlights
- Two residences within 2,771 square feet
- Primary residence measures approximately 1,700 square feet across two levels
- Separate apartment and vacant main residence
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$98,480
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,969,600
$2.0M
Cap Rate 7%
$1,406,857
$1.4M
Cap Rate 9%
$1,094,222
$1.1M
Market Conditions
NOI Build-Up for 2,771 SF
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.
Gross rent
$149.6K $54.00/SF
− Vacancy
−$8.9K −$3.23/SF
EGI
$140.7K $50.77/SF
− OpEx
−$42.2K −$15.23/SF
NOI
$98.5K $35.54/SF
Area
San Francisco, CA
Vacancy
5.98%
Lease Rate
$54.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,969,600
Cap Rate 7%
$1,406,857
Cap Rate 9%
$1,094,222
Alternative Uses
Best Use
Multifamily LT 5
$1.41M
$1.23M – $1.64M
NOI $98,480 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$1.29M
$1.12M – $1.50M
NOI $89,966 @ 7.0% cap · market cap 3.61%
Theoretical Best
Specialty Retail
$13.54M
$11.84M – $15.79M
NOI $947,464 @ 7.0% cap · market cap 37.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,782
Businesses Nearby
Explore this area
Business Placement
Demographics for 94114, CA
33,683
Population
18,686
Households
1.8
Avg Household Size
40
Median Age
79%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
24,059
Density / Sq Mi
$196,528
Median Household Income
$117,677
Median Earnings
$2,898
Median Rent
$1,771,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-residence Victorian property with a vacant main home, separate apartment, garage, deck, and secluded backyard.
Where is this duplex located?
The property is located at 61-61A Diamond Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Two residences within 2,771 square feet; Primary residence measures approximately 1,700 square feet across two levels; Separate apartment and vacant main residence
