Tenant-Occupied Triplex with
For Sale
$1,950,000
1545-1547 Balboa Street, San Francisco, CA 94118
Residential Income, San Francisco, CA
Property Size2,850 SF
Lot Size0.06 Acres
Price / SF$684.21
Days on Market132
Property Features for 1545-1547 Balboa Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3
Parking
2
Parking features
Garage
Subdivision
SF District 1
Standard status
Active
APN
1628030
Size
2,850 SF
Lot size
0.06 Acres
Building Details
Year built
1921
Floors in Building
3
Number of units
3
Listing Agency:
Century 21 Masters · Century 21 Real Estate
(415) 213-1600
Listed By:
Roxy Tsai
(415) 275-4758
Added: Jun 5
Changed: Sep 24
Last Checked: Oct 14 at 8:06AM
MLS# 426137366
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.
Investment Insights
Based on property information with market context.
Located at 1545-1547 Balboa Street in San Francisco’s Inner Richmond, this 2,850-square-foot triplex occupies a 0.0573-acre lot. The property was built in 1921 and includes garage parking.
All units are currently tenant-occupied. The residential configuration includes two primary units with two bedrooms, one bathroom, a formal living room, and a formal dining room, along with an additional in-law unit. The property is within ZIP Code 94118 in San Francisco County.
All units are currently tenant-occupied. The residential configuration includes two primary units with two bedrooms, one bathroom, a formal living room, and a formal dining room, along with an additional in-law unit. The property is within ZIP Code 94118 in San Francisco County.
Key Highlights
- Three‑unit multifamily property in San Francisco’s Inner Richmond
- 2,850 square feet on a 0.0573‑acre lot
- Built in 1921
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,288
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,025,760
$2.0M
Cap Rate 7%
$1,446,971
$1.4M
Cap Rate 9%
$1,125,422
$1.1M
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$153.9K $54.00/SF
− Vacancy
−$9.2K −$3.23/SF
EGI
$144.7K $50.77/SF
− OpEx
−$43.4K −$15.23/SF
NOI
$101.3K $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%
$2,025,760
Cap Rate 7%
$1,446,971
Cap Rate 9%
$1,125,422
Alternative Uses
Best Use
Multifamily LT 5
$1.45M
$1.27M – $1.69M
NOI $101,288 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$1.32M
$1.16M – $1.54M
NOI $92,531 @ 7.0% cap · market cap 4.75%
Theoretical Best
Specialty Retail
$13.92M
$12.18M – $16.24M
NOI $974,476 @ 7.0% cap · market cap 49.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,372
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Inner Richmond multifamily property with three residential units and an attached garage.
Where is this triplex located?
The property is located at 1545-1547 Balboa Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Three‑unit multifamily property in San Francisco’s Inner Richmond; 2,850 square feet on a 0.0573‑acre lot; Built in 1921
