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Rebuilt Duplex with Rooftop Views
For Sale
$3,050,000

1029-1031 Jackson Street San, San Francisco, CA 94133

Two residences feature upgraded systems, designer finishes, dedicated parking nearby, and flexible full-building or TIC ownership options.

Property Size4,061 SF
Days on Market272

Property Features for 1029-1031 Jackson Street San

General Information

Standard status Active
Size 4,061 SF
Property subtype Duplex

Site & Location

Neighborhood Chinatown
Public Transit Yes

Units

Unit Mix 1 x 3BR/2BA, 1 x 4BR/3BA
Multifamily Units 2

Amenities

Security System
Heat Pump
Dishwasher
Disposal
Free-Standing Freezer
Free-Standing Gas Range
Free-Standing Refrigerator
Microwave
Self Cleaning Oven
Tankless Water Heater
Wine Refrigerator
Gated Entry, Common Area Meter, City, Internet Available, Natural Gas Connected, Sewer Connected, Asphalt

Building Details

Building Size 4,061 SF
Year Built 1910
Buildings 1
Stories 4
Listing Agency: City Real Estate
Listed By: Lisa Zahner · License #02018164
Source: Kw
Added: Jan 29 Changed: Oct 27 Last Checked: Oct 26 at 9:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of City Real Estate

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Investment Insights

Based on property information with market context.

This 1910 duplex has been comprehensively rebuilt with two distinct residences and contemporary interior finishes. Both units include open living areas, European white oak flooring, custom sound-insulated windows, designer lighting, Ethernet wiring, zoned comfort systems, A/C, and updated foundation, electrical, and plumbing systems. The kitchens feature Thermador appliances, Cambria quartz counters, Hansgrohe fixtures, and dedicated wine and beverage chillers.

The upper residence occupies two levels with 3 bedrooms, 2 baths, and an office with Coit Tower views. The lower residence includes 4 bedrooms, 3 baths, a private rear yard, a large entertaining room, and substantial storage. Pre-paid leased parking is located nearby. The property may be acquired as the full duplex or the lower residence as a TIC. Its Jackson Street setting places it near North Beach, Polk Street, and offices associated with OpenAI and LoveFrom in Jackson Square.

Key Highlights

  • Comprehensively rebuilt duplex with all‑new foundation, electrical, plumbing, zoned comfort systems, and A/C
  • Upper unit: Approx. 1,400 sqft., 3 bedrooms, 2 baths, and office with Coit Tower views
  • Lower unit: Approx. 2,595 sqft., 4 bedrooms, 3 baths, private rear yard, and oversized entertaining room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$144,326
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,886,520 $2.9M
Cap Rate 7%
$2,061,800 $2.1M
Cap Rate 9%
$1,603,622 $1.6M
Market Conditions
NOI Build-Up for 4,061 SF
Gross rent
$219.3K $54.00/SF
− Vacancy
−$13.1K −$3.23/SF
EGI
$206.2K $50.77/SF
− OpEx
−$61.9K −$15.23/SF
NOI
$144.3K $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 Rate 5%
$2,886,520
Cap Rate 7%
$2,061,800
Cap Rate 9%
$1,603,622

Alternative Uses

Best Use
Multifamily LT 5
$2.06M
$1.80M – $2.41M (±1% cap)
NOI $144,326 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$1.88M
$1.65M – $2.20M (±1% cap)
NOI $131,849 @ 7.0% cap · market cap 4.32%
Theoretical Best
Specialty Retail
$19.84M
$17.36M – $23.14M (±1% cap)
NOI $1,388,542 @ 7.0% cap · market cap 45.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

23,025
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

Frequently Asked Questions

What type of property is this?
Duplex - Two residences feature upgraded systems, designer finishes, dedicated parking nearby, and flexible full-building or TIC ownership options.
Where is this duplex located?
The property is located at 1029-1031 Jackson Street San San Francisco, CA.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: Comprehensively rebuilt duplex with all‑new foundation, electrical, plumbing, zoned comfort systems, and A/C; Upper unit: Approx. 1,400 sqft., 3 bedrooms, 2 baths, and office with Coit Tower views; Lower unit: Approx. 2,595 sqft., 4 bedrooms, 3 baths, private rear yard, and oversized entertaining room
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