Tenant-Occupied
For Sale
Contact for pricing
1534-1536 Balboa St, San Francisco, CA 94118
Two residential flats feature two bedrooms, one bathroom, and a sunroom, with a shared yard for outdoor use.
Property Size3,500 SF
Price / SF$428.57
Days on Market13
Property Features for 1534-1536 Balboa St
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Multifamily
Occupancy
100%
Financials
Cap Rate
4.7%
Gross Income
$87,708
Building Details
Year Built
1923
Buildings
1
Tenancy
Multi
Abandoned
No
Listing Agency:
Compass San Francisco
Listed By:
Anna Yu · License #CA 02117792
Source:
Crexi
Added: Jul 23
Changed: Aug 3
Last Checked: Aug 3 at 4:14AM
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 Compass San Francisco
Investment Insights
Based on property information with market context.
This 1923 duplex contains 3,500 square feet across two residential flats. Each unit is configured with 2 bedrooms, 1 bathroom, and a sunroom, while the property also includes a large flat yard. The building is fully tenant-occupied and reports a 4.7% cap rate.
The property is positioned near multiple Muni connections, with Muni 31 nearby and Muni 28 three blocks away. Golden Gate Park is two blocks south, and Balboa Street coffee, Geary and Clement restaurants, Breadbelly, and Tia Margarita are all within the surrounding area. The location also provides access toward downtown, Ocean Beach, the Sunset, and the Marina.
The property is positioned near multiple Muni connections, with Muni 31 nearby and Muni 28 three blocks away. Golden Gate Park is two blocks south, and Balboa Street coffee, Geary and Clement restaurants, Breadbelly, and Tia Margarita are all within the surrounding area. The location also provides access toward downtown, Ocean Beach, the Sunset, and the Marina.
Key Highlights
- Fully tenant‑occupied duplex with a reported 4.7% cap rate
- 3,500‑square‑foot building constructed in 1923
- Two flats, each with 2bd/1ba and a sunroom
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 8.29%
Second Best
Apartment 5plus
$1.62M
$1.42M – $1.89M
NOI $113,635 @ 7.0% cap · market cap 7.58%
Theoretical Best
Specialty Retail
$17.10M
$14.96M – $19.95M
NOI $1,196,724 @ 7.0% cap · market cap 79.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,829
Businesses Nearby
Explore this area
Business Placement
Demographics for 94118, CA
42,356
Population
19,052
Households
2.2
Avg Household Size
37
Median Age
72%
College-Educated
94%
High-School Grad
2.0 sq mi
ZIP Area
21,178
Density / Sq Mi
$159,550
Median Household Income
$92,946
Median Earnings
$2,695
Median Rent
$1,817,200
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?
Duplex - Two residential flats feature two bedrooms, one bathroom, and a sunroom, with a shared yard for outdoor use.
Where is this duplex located?
The property is located at 1534-1536 Balboa St San Francisco, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Fully tenant‑occupied duplex with a reported 4.7% cap rate; 3,500‑square‑foot building constructed in 1923; Two flats, each with 2bd/1ba and a sunroom
