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Remodeled Three-Unit Building
New
For Sale
$2,350,000

10641068 Jackson Street, San Francisco, CA 94133

Owner-occupied upper residence with two additional flats, separate PG&E meters, and laundry rooms throughout.

Property Size4,170 SF
Price / SF$563.55
Days on Market6

Property Features for 10641068 Jackson Street

General Information

Standard status Active
Size 4,170 SF
Property subtype Multi-family

Building Details

Year Built 1908
Listing Agency: Valley Vine Realty
Listed By: Yu-En Tsai · License #02035936
Source: Sevengables
Added: Sep 2 Changed: Sep 6 Last Checked: Sep 7 at 12:06PM

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 1908 triplex contains three flats, including a top-floor owner’s residence with 3 bedrooms, 1.5 baths, an office, and 1,462 square feet. The remodeled unit features high ceilings, crown molding, an open kitchen, dining, and living arrangement, hardwood floors, closet organizers, and a skylight. Bay views extend from the kitchen, living room, and one bedroom, while other bedrooms face the city skyline. A private-access roof provides panoramic city views.

The second floor offers another 3-bedroom, 1.5-bath flat measuring 1,462 square feet and has been upgraded. The first floor includes 3 bedrooms, 1.5 baths, and 1,222 square feet. Each unit has a laundry room, and separate PG&E meters serve the building. The property is in Nob Hill with access to dining, retail, nightlife, and public transportation. Walk Score is 99 and Transit Score is 100.

Key Highlights

  • Three‑flat configuration with 4,170 square feet total
  • Top‑floor 3‑bedroom, 1.5‑bath owner’s residence includes an office and 1,462 square feet
  • Second‑floor 3‑bedroom, 1.5‑bath unit measures 1,462 square feet and has been upgraded

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 (±1% cap)
NOI $148,200 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$1.93M
$1.69M – $2.26M (±1% cap)
NOI $135,388 @ 7.0% cap · market cap 5.76%
Theoretical Best
Specialty Retail
$20.37M
$17.82M – $23.76M (±1% cap)
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

Triplexes

Suggested Use

Top Pick Barber Shop HVAC Service Auto Parts Store Real Estate Agency Tattoo & Piercing Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,738
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
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Frequently Asked Questions

What type of property is this?
Triplex - Owner-occupied upper residence with two additional flats, separate PG&E meters, and laundry rooms throughout.
Where is this triplex located?
The property is located at 10641068 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 configuration with 4,170 square feet total; Top‑floor 3‑bedroom, 1.5‑bath owner’s residence includes an office and 1,462 square feet; Second‑floor 3‑bedroom, 1.5‑bath unit measures 1,462 square feet and has been upgraded
More about this property
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