Historic Quadplex Apartment
For Sale
$1,288,888
13391341 York Street, San Francisco, CA 94110
Built in 1900, this Inner Mission property offers a 2,040-square-foot apartment configuration requiring restoration work.
Property Size2,040 SF
Price / SF$631.81
Days on Market153
Property Features for 13391341 York Street
General Information
Standard status
Active
Size
2,040 SF
Property subtype
Multi Family
Property Condition
Severity
Repairs Needed
Evidence
With some work and creativity
Additional Details
Highway Access
Yes
Unit Mix
1 x 2BR/1BA, 2 x 1BR/1BA, 1 x studio
Taxes and HOA fees
Annual Taxes
$5,500
Building Details
Year Built
1900
Listing Agency:
Nu Level Realty, Inc.
(650) 922-9575
Listed By:
Martha Madera · License #01343561
(650) 922-9575
Source:
Exitrealty
Added: Apr 1
Changed: Aug 31
Last Checked: Aug 31 at 12:20AM
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 Nu Level Realty, Inc.
Investment Insights
Based on property information with market context.
This 2,040-square-foot apartment property was built in 1900 and is positioned for renovation and restoration. The existing improvements require work, offering a purchaser the opportunity to reconfigure and update the building within its established residential setting.
The property is located in San Francisco’s Inner Mission neighborhood and falls within the San Francisco Unified School District. Cafes, local shops, hospitals, and major freeways are identified nearby, providing access to neighborhood services and regional transportation.
The property is located in San Francisco’s Inner Mission neighborhood and falls within the San Francisco Unified School District. Cafes, local shops, hospitals, and major freeways are identified nearby, providing access to neighborhood services and regional transportation.
Key Highlights
- 2,040‑square‑foot apartment property
- Originally built in 1900
- Located in San Francisco’s Inner Mission neighborhood
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
$68,473
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
5.31%
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%
$1,369,460
$1.4M
Cap Rate 7%
$978,186
$978.2K
Cap Rate 9%
$760,811
$760.8K
Market Conditions
NOI Build-Up for 2,040 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
$104.0K $51.00/SF
− Vacancy
−$6.2K −$3.05/SF
EGI
$97.8K $47.95/SF
− OpEx
−$29.3K −$14.39/SF
NOI
$68.5K $33.57/SF
Area
ZIP 94110
Vacancy
5.98%
Lease Rate
$51.00 /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%
$1,369,460
Cap Rate 7%
$978,186
Cap Rate 9%
$760,811
Alternative Uses
Best Use
Multifamily LT 5
$978.2K
$855.9K – $1.14M
NOI $68,473 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$901.1K
$788.5K – $1.05M
NOI $63,079 @ 7.0% cap · market cap 4.89%
Theoretical Best
Specialty Retail
$9.96M
$8.72M – $11.63M
NOI $697,519 @ 7.0% cap · market cap 54.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,751
Businesses Nearby
Explore this area
Business Placement
Demographics for 94110, CA
68,336
Population
30,685
Households
2.2
Avg Household Size
38
Median Age
61%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
28,473
Density / Sq Mi
$152,403
Median Household Income
$80,431
Median Earnings
$2,404
Median Rent
$1,500,200
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?
Quadplex - Built in 1900, this Inner Mission property offers a 2,040-square-foot apartment configuration requiring restoration work.
Where is this quadplex located?
The property is located at 13391341 York Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,288,888.
What are key features of this property?
This property features: 2,040‑square‑foot apartment property; Originally built in 1900; Located in San Francisco’s Inner Mission neighborhood
