Triplex with Shared
New
For Sale
$1,925,000
1423-1425 47th Avenue, San Francisco, CA 94122
Three residences feature remodeled kitchens, updated living-area floors and parking beneath and beside the building.
Property Size4,158 SF
Price / SF$462.96
Days on Market4
Property Features for 1423-1425 47th Avenue
General Information
Standard status
Active
Size
4,158 SF
Total Parking Spaces
4
Property subtype
Duplex
Occupancy
100%
Units
Unit Mix
2 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
3
Amenities
shared backyard space
Building Details
Building Size
4,158 SF
Year Built
1974
Listing Agency:
Marcus & Millichap
Listed By:
Ning H Ho · License #(S):CA:01943903
(415) 963-3000
Source:
Cityrealestatesf
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 4 at 11:40AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
This three-unit triplex, built in 1974, combines two three-bedroom, two-bathroom residences with a non-conforming one-bedroom, one-bathroom unit. The kitchens have been remodeled with granite countertops and tile floors, while luxury vinyl plank flooring runs through the living areas. A shared backyard provides outdoor space for residents.
The property is 100% occupied. Parking includes a two-car garage below the building and driveway space for up to two additional vehicles.
The property is 100% occupied. Parking includes a two-car garage below the building and driveway space for up to two additional vehicles.
Key Highlights
- Three‑unit property built in 1974
- Unit mix includes two three‑bedroom, two‑bathroom units and one non‑conforming one‑bedroom, one‑bathroom unit
- 100% occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$139,564
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,791,280
$2.8M
Cap Rate 7%
$1,993,771
$2.0M
Cap Rate 9%
$1,550,711
$1.6M
Market Conditions
NOI Build-Up for 4,158 SF
Gross rent
$212.1K $51.00/SF
− Vacancy
−$12.7K −$3.05/SF
EGI
$199.4K $47.95/SF
− OpEx
−$59.8K −$14.39/SF
NOI
$139.6K $33.57/SF
Area
ZIP 94122
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 Rate 5%
$2,791,280
Cap Rate 7%
$1,993,771
Cap Rate 9%
$1,550,711
Alternative Uses
Best Use
Multifamily LT 5
$1.99M
$1.74M – $2.33M
NOI $139,564 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$1.79M
$1.57M – $2.09M
NOI $125,484 @ 7.0% cap · market cap 6.52%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
Explore this area
Business Placement
Demographics for 94122, CA
57,160
Population
24,155
Households
2.4
Avg Household Size
39
Median Age
63%
College-Educated
90%
High-School Grad
3.3 sq mi
ZIP Area
17,321
Density / Sq Mi
$145,717
Median Household Income
$80,501
Median Earnings
$2,720
Median Rent
$1,507,100
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?
Triplex - Three residences feature remodeled kitchens, updated living-area floors and parking beneath and beside the building.
Where is this triplex located?
The property is located at 1423-1425 47th Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: Three‑unit property built in 1974; Unit mix includes two three‑bedroom, two‑bathroom units and one non‑conforming one‑bedroom, one‑bathroom unit; 100% occupancy
