Remodeled Triplex with Bay
New
For Sale
$2,350,000
1064-1068 Jackson Street, San Francisco, CA 94133
Three flats include an owner residence, two rental units, separate PG&E meters, and shared laundry facilities on every level.
Property Size4,170 SF
Price / SF$563.55
Days on Market5
Property Features for 1064-1068 Jackson Street
General Information
Standard status
Active
Size
4,170 SF
Property subtype
Multi Family
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/1.5BA + office (1462 sqft), 1 x 3BR/1.5BA (1462 sqft), 1 x 3BR/1.5BA (1222 sqft)
Multifamily Units
3
Amenities
laundry rooms
roof deck
basement
Building Details
Year Built
1908
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Valley Vine Realty
Listed By:
Yu-En Tsai · License #02035936
(650) 460-9464
Source:
Exitrealty
Added: Sep 3
Changed: Sep 5
Last Checked: Sep 7 at 7:00AM
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 Valley Vine Realty
Investment Insights
Based on property information with market context.
This three-flat residential property includes an owner-occupied top-floor residence and two additional rental units. The top unit measures 1,462 square feet and offers 3 bedrooms, 1.5 baths, an office, high ceilings, crown molding, an open kitchen, dining and living arrangement, hardwood flooring, closet organizers, and a skylit office. It has been fully remodeled. The second-floor flat is also 1,462 square feet with 3 bedrooms and 1.5 baths, while the first-floor unit contains 1,222 square feet with the same bedroom and bath count. Investment in the middle and upper units totals $270,000.
Bay views are visible from the upper kitchen, living room, and one bedroom, with city skyline outlooks from bedrooms on the opposite side. The owner-access roof provides panoramic city views, and a full-size basement adds substantial storage space. Each unit has a laundry room, and the property includes separate PG&E meters. The building dates to 1908 and is located in Nob Hill near dining, retail, nightlife, and public transportation.
Bay views are visible from the upper kitchen, living room, and one bedroom, with city skyline outlooks from bedrooms on the opposite side. The owner-access roof provides panoramic city views, and a full-size basement adds substantial storage space. Each unit has a laundry room, and the property includes separate PG&E meters. The building dates to 1908 and is located in Nob Hill near dining, retail, nightlife, and public transportation.
Key Highlights
- Three‑flat property with an owner residence and two rental units
- Top‑floor unit: 3b/1.5ba, office, 1,462 sqft, and recent full remodel
- Second‑floor unit: 3b/1.5ba and 1,462 sqft; first floor: 3b/1.5ba and 1,222 sqft
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
$148,200
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
6.31%
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%
$2,964,000
$3.0M
Cap Rate 7%
$2,117,143
$2.1M
Cap Rate 9%
$1,646,667
$1.6M
Market Conditions
NOI Build-Up for 4,170 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
$225.2K $54.00/SF
− Vacancy
−$13.5K −$3.23/SF
EGI
$211.7K $50.77/SF
− OpEx
−$63.5K −$15.23/SF
NOI
$148.2K $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%
$2,964,000
Cap Rate 7%
$2,117,143
Cap Rate 9%
$1,646,667
Alternative Uses
Best Use
Multifamily LT 5
$2.12M
$1.85M – $2.47M
NOI $148,200 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$1.93M
$1.69M – $2.26M
NOI $135,388 @ 7.0% cap · market cap 5.76%
Theoretical Best
Specialty Retail
$20.37M
$17.82M – $23.76M
NOI $1,425,812 @ 7.0% cap · market cap 60.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
23,025
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three flats include an owner residence, two rental units, separate PG&E meters, and shared laundry facilities on every level.
Where is this triplex located?
The property is located at 1064-1068 Jackson Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Three‑flat property with an owner residence and two rental units; Top‑floor unit: 3b/1.5ba, office, 1,462 sqft, and recent full remodel; Second‑floor unit: 3b/1.5ba and 1,462 sqft; first floor: 3b/1.5ba and 1,222 sqft
