Duplex with Renovated
New
For Sale
$998,000
1246 Shafter Avenue, San Francisco, CA 94124
Residential Income, San Francisco, CA
Property Size1,680 SF
Lot Size0.06 Acres
Price / SF$594.05
Days on Market6
Property Features for 1246 Shafter Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 1
Parking
2
Parking features
Tandem, Garage
Patio and Porch features
Deck
Appliances
Free-Standing Gas Range, Free-Standing Refrigerator, Washer/Dryer
Lot features
Sidewalk, Sidewalk
View
Ocean
Elementary school district
San Francisco
Middle school district
San Francisco
High school district
SF School District
Subdivision
SF District 10
Standard status
Active
APN
4787008C
Size
1,680 SF
Lot size
0.06 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
gas, electricity, water
Utilities
Sewer type
Public Sewer
Heating system
Central, Wall Furnace
Building Details
Year built
1907
Floors in Building
2
Number of units
2
Flooring type
Laminate, Granite
Building materials
Stucco, Wood, Wood Siding
Roof type
Shingle, Composition, Asphalt
Buildings
1
Listing Agency:
Century 21 Baldini Realty · Century 21 Real Estate
(415) 587-4212
Listed By:
Jaime E Peraza · License #1479258
(650) 892-4556
Added: Oct 26
Changed: Oct 30
Last Checked: Oct 31 at 5:06PM
MLS# 426173243
Copyright © 2026 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1907, this 1,680-square-foot duplex contains two residences on a 0.0554-acre lot. The vacant lower unit has three bedrooms and two bathrooms, updated flooring and windows, a renovated kitchen with stainless steel appliances, and a washer and dryer. It also has a two-car tandem garage with storage. The upper residence has two bedrooms and one bathroom and is occupied by a long-term tenant.
Each residence has separate gas, electricity, and water meters. The property also includes a deck and public sewer service.
Each residence has separate gas, electricity, and water meters. The property also includes a deck and public sewer service.
Key Highlights
- Two‑unit building totaling 1,680 square feet on a 0.0554‑acre lot
- Vacant residence with three bedrooms and two bathrooms
- Updated kitchen, windows, flooring, and washer/dryer in the vacant unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,706
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,194,120
$1.2M
Cap Rate 7%
$852,943
$852.9K
Cap Rate 9%
$663,400
$663.4K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$90.7K $54.00/SF
− Vacancy
−$5.4K −$3.23/SF
EGI
$85.3K $50.77/SF
− OpEx
−$25.6K −$15.23/SF
NOI
$59.7K $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%
$1,194,120
Cap Rate 7%
$852,943
Cap Rate 9%
$663,400
Alternative Uses
Best Use
Multifamily LT 5
$852.9K
$746.3K – $995.1K
NOI $59,706 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$779.2K
$681.8K – $909.1K
NOI $54,545 @ 7.0% cap · market cap 5.47%
Theoretical Best
Specialty Retail
$8.21M
$7.18M – $9.57M
NOI $574,428 @ 7.0% cap · market cap 57.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,571
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences have separate gas, electric, and water meters, with tandem garage parking assigned to one unit.
Where is this duplex located?
The property is located at 1246 Shafter Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Two‑unit building totaling 1,680 square feet on a 0.0554‑acre lot; Vacant residence with three bedrooms and two bathrooms; Updated kitchen, windows, flooring, and washer/dryer in the vacant unit
