Triplex Requiring
For Sale
$1,388,000
1196 Quesada Avenue, San Francisco, CA 94124
Triplex built in 1919, sold as-is and currently with 1 to 2 tenants, with one tenant expected to move out soon.
Property Size3,500 SF
Days on Market98
Property Features for 1196 Quesada Avenue
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Triplex
Building Details
Building Size
3,500 SF
Year Built
1919
Listing Agency:
Luxe Places International Realty
(415) 218-8473
Listed By:
Charles E Clerkley · License #2034837
Source:
Adelaidamejiasf
Added: Apr 29
Changed: Jul 30
Last Checked: Aug 4 at 9:13AM
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 Luxe Places International Realty
Investment Insights
Based on property information with market context.
This triplex was built in 1919 and is being sold as-is. The property is in need of repairs per the inspection report. The current tenancy is described as 1 to 2 tenants, and one tenant is expected to be moving out within 2 to 3 weeks.
The home is described as having a sunny location a few blocks from the bay. Access and surrounding tenancy details are limited to the provided remarks.
For buyers or operators seeking a renovation and stabilization project, this is an as-is triplex with immediate near-term tenant occupancy changes anticipated within the next few weeks.
The home is described as having a sunny location a few blocks from the bay. Access and surrounding tenancy details are limited to the provided remarks.
For buyers or operators seeking a renovation and stabilization project, this is an as-is triplex with immediate near-term tenant occupancy changes anticipated within the next few weeks.
Key Highlights
- Triplex built in 1919
- Sold as‑is
- In need of repairs per inspection report
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 | $189.0k | $54.00 |
| − Vacancy | −$11.3k | −$3.23 |
| EGI | $177.7k | $50.77 |
| − OpEx | −$53.3k | −$15.23 |
| NOI | $124.4k | $35.54 |
3,500 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.78M
$1.55M – $2.07M
NOI $124,388 @ 7.0% cap · market cap 8.96%
Second Best
Apartment 5plus
$1.62M
$1.42M – $1.89M
NOI $113,635 @ 7.0% cap · market cap 8.19%
Theoretical Best
Specialty Retail
$17.10M
$14.96M – $19.95M
NOI $1,196,724 @ 7.0% cap · market cap 86.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,860
Businesses Nearby
Explore this area
Business Placement
Demographics for 94124, CA
39,445
Population
11,780
Households
3.3
Avg Household Size
37
Median Age
27%
College-Educated
75%
High-School Grad
4.8 sq mi
ZIP Area
8,218
Density / Sq Mi
$82,928
Median Household Income
$42,683
Median Earnings
$1,368
Median Rent
$1,043,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Triplex built in 1919, sold as-is and currently with 1 to 2 tenants, with one tenant expected to move out soon.
Where is this triplex located?
The property is located at 1196 Quesada Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $1,388,000.
What are key features of this property?
This property features: Triplex built in 1919; Sold as‑is; In need of repairs per inspection report
