For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Triplex with Tenant-Occupied Units Title is generated by Realmo AI

    1545-1547 Balboa Street, San Francisco, CA 94118

    View on Map
    Claim this Listing
    For Sale
    $1,950,000

    MULTI_FAMILY - San Francisco, CA

    Property size:
    2,850 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $684/SF
    Added:
    Jun 5, 2026
    Days on Market:
    17
    Last Refresh:
    Jun 21 at 8:06 am

    Property Features for 1545-1547 Balboa Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2
    Parking
    2
    Parking features
    Garage
    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

    We can help!

    Listing Contact
    Roxy Tsai

    Listing agent Roxy Tsai

    Listing office Century 21 Masters 2633 Ocean Ave., San Francisco, CA

    Listing date Jun 5, 2026

    MLS# 426137366 Listing URL

    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.

    HighLights

    • Inner Richmond duplex built in 1921 with garage parking
    • Duplex layout with two units, each offering 2 bedrooms and 1 bathroom
    • Each unit includes a formal living room and formal dining room
    • Includes a bonus in‑law unit for additional flexibility; buyer to verify potential uses
    • All units are tenant‑occupied; please do not disturb occupants

    Overview

    This for-sale multi-family property includes three residential units under one address at 1545–1547 Balboa Street. The primary configuration is a duplex layout with two units, each offering two bedrooms and one bathroom, along with formal living and dining rooms. In addition, the property includes a bonus in-law unit, which provides flexibility for supplemental rental income or multi-generational living (buyer to verify permitted use).

    All units are currently tenant-occupied, and access is expected to be coordinated in advance. The property is listed as a residential income asset in San Francisco, California, with a lot size of 0.0573 acres and an overall building size of 2,850 square feet (as provided in the listing data).

    For buyers seeking a residential income property with an in-law unit as part of the overall layout, this offering provides a straightforward unit mix: two similar duplex-style units plus a separate bonus unit. The seller is described as motivated, and prospective buyers should plan for standard due diligence with the understanding that occupants are in place and viewing must be arranged without disturbing tenants.

    Local 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 $153.9k $54.00
    − Vacancy −$9.2k −$3.23
    EGI $144.7k $50.77
    − OpEx −$43.4k −$15.23
    NOI $101.3k $35.54
    2,850 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.45M
    $1.27M – $1.69M (±1% cap)
    NOI $101,288 @ 7.0% cap · market cap 5.19%
    Second Best
    Apartment 5plus
    $1.32M
    $1.16M – $1.54M (±1% cap)
    NOI $92,531 @ 7.0% cap · market cap 4.75%
    Theoretical Best
    Specialty Retail
    $13.92M
    $12.18M – $16.24M (±1% cap)
    NOI $974,476 @ 7.0% cap · market cap 49.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.4756343
    Latitude
    37.7765292

    FAQs

    What type of property is this?
    Triplex - Tenant-occupied multi-family property with multiple residential units and in-law flexibility near Balboa Street.
    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: Inner Richmond duplex built in 1921 with garage parking; Duplex layout with two units, each offering 2 bedrooms and 1 bathroom; Each unit includes a formal living room and formal dining room
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message