3-Unit Residential Income
New
For Sale
$5,950,000
1375 Chestnut Street, San Francisco, CA 94123
The vacant building pairs two apartments with a larger penthouse residence.
Property Size5,400 SF
Price / SF$1,101
Days on Market3
Property Features for 1375 Chestnut Street
General Information
Standard status
Active
Size
5,400 SF
Total Parking Spaces
6
Property subtype
Multi-Family
Site & Location
Neighborhood
Marina
Units
Unit Mix
2 x 2BR/1BA, 1 x 4BR/3BA
Multifamily Units
3
Amenities
fireplace
in unit laundry
wet bar
decks
Golden Gate views
Building Details
Year Built
1982
Buildings
1
Listing Agency:
Helm Real Estate
Listed By:
Readdress
(415) 275-0229
Source:
Readdress
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 26 at 3:07PM
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 Helm Real Estate
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Investment Insights
Based on property information with market context.
At 1375 Chestnut Street in San Francisco, this vacant triplex contains 5,400 square feet across three residences. Two units have two bedrooms and one bathroom each; the 3,500-square-foot penthouse has four bedrooms and three bathrooms, along with a fireplace, wet bar, in-unit laundry and decks. The property also includes parking for six cars, and the penthouse has views of the Golden Gate.
Updates include the roof, windows, doors, electrical panels, kitchens, bathrooms, flooring, lighting, fire alarm, and interior and exterior paint. The building was constructed in 1982.
Updates include the roof, windows, doors, electrical panels, kitchens, bathrooms, flooring, lighting, fire alarm, and interior and exterior paint. The building was constructed in 1982.
Key Highlights
- Three units totaling 5,400 square feet
- Penthouse measures 3,500 square feet and has 4 bedrooms and 3 bathrooms
- Two additional units, each with 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$191,914
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,838,280
$3.8M
Cap Rate 7%
$2,741,629
$2.7M
Cap Rate 9%
$2,132,378
$2.1M
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$291.6K $54.00/SF
− Vacancy
−$17.4K −$3.23/SF
EGI
$274.2K $50.77/SF
− OpEx
−$82.2K −$15.23/SF
NOI
$191.9K $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%
$3,838,280
Cap Rate 7%
$2,741,629
Cap Rate 9%
$2,132,378
Alternative Uses
Best Use
Multifamily LT 5
$2.74M
$2.40M – $3.20M
NOI $191,914 @ 7.0% cap · market cap 3.23%
Second Best
Apartment 5plus
$2.50M
$2.19M – $2.92M
NOI $175,322 @ 7.0% cap · market cap 2.95%
Theoretical Best
Specialty Retail
$26.38M
$23.08M – $30.77M
NOI $1,846,375 @ 7.0% cap · market cap 31.03%
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
3
Residential units
Location Intelligence
Trade Area within ½ mile
5,733
Businesses Nearby
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Business Placement
Demographics for 94123, CA
26,131
Population
14,883
Households
1.8
Avg Household Size
35
Median Age
86%
College-Educated
98%
High-School Grad
1.1 sq mi
ZIP Area
23,755
Density / Sq Mi
$222,689
Median Household Income
$142,336
Median Earnings
$3,248
Median Rent
$2,000,001
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?
Triplex - The vacant building pairs two apartments with a larger penthouse residence.
Where is this triplex located?
The property is located at 1375 Chestnut Street San Francisco, CA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Three units totaling 5,400 square feet; Penthouse measures 3,500 square feet and has 4 bedrooms and 3 bathrooms; Two additional units, each with 2 bedrooms and 1 bathroom
