Mixed-Use Property with
6246 3rd St San Francisco, CA 94124
For Sale
$1,390,000
MULTI_FAMILY - San Francisco, CA
Property Size3,150 SF
Lot Size0.06 Acres
Price / SF$441.27
Days on Market431
Property Features for 6246 3rd St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 3
- Exterior features
- No Yard
- Standard status
- Active
- APN
- 5461 052
- Size
- 3,150 SF
- Lot size
- 0.06 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1907
- Number of units
- 4
- Flooring type
- Tile
- Building materials
- Wood Siding
- Roof type
- Rolled Hot Mop
Listing Agency:
EXP Realty of California, Inc
(888) 584-9427
Listed By:
Garrick Yan · License #01916102
(510) 999-8008
Added: May 20, 2025
Changed: Jul 11
Last Checked: Jul 24 at 3:06AM
MLS# 41098173
Copyright © 2026 Bay East. 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 mixed-use property includes residential living space comprising a 1-bedroom, a 3-bedroom, and a manager’s suite. The property is anchored by an established laundromat business, creating an immediate-income component alongside the residential units.
Located at 6246 3rd St in San Francisco (94124), the offering is positioned for convenient access to transit, local amenities, and community hubs. The surrounding area is described as a vibrant, high-traffic neighborhood.
The configuration supports flexible ownership, with multiple residential options plus the ongoing laundromat business on-site.
Located at 6246 3rd St in San Francisco (94124), the offering is positioned for convenient access to transit, local amenities, and community hubs. The surrounding area is described as a vibrant, high-traffic neighborhood.
The configuration supports flexible ownership, with multiple residential options plus the ongoing laundromat business on-site.
Key Highlights
- Built in 1907 with wood siding exterior
- Mixed‑use setup includes a 1 bed / 1 bath unit, a 3 bed / 1 bath apartment, and a manager's suite
- Established on‑site laundromat business included
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 | $170.1k | $54.00 |
| − Vacancy | −$10.2k | −$3.23 |
| EGI | $159.9k | $50.77 |
| − OpEx | −$48.0k | −$15.23 |
| NOI | $111.9k | $35.54 |
3,150 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Retail
$14.36M
$12.57M – $16.75M
NOI $1,005,248 @ 7.0% cap · market cap 72.32%
Second Best
Multifamily LT 5
$1.60M
$1.40M – $1.87M
NOI $111,950 @ 7.0% cap · market cap 8.05%
Theoretical Best
Specialty Retail
$15.39M
$13.46M – $17.95M
NOI $1,077,052 @ 7.0% cap · market cap 77.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Mixed-use property - Residential units include a 1-bedroom, a 3-bedroom, and a manager’s suite, anchored by an established laundromat.
Where is this mixed-use property located?
The property is located at 6246 3rd St San Francisco, CA.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Built in 1907 with wood siding exterior; Mixed‑use setup includes a 1 bed / 1 bath unit, a 3 bed / 1 bath apartment, and a manager's suite; Established on‑site laundromat business included
