Triplex with Tenant-Occupied
1545-1547 Balboa Street San Francisco, CA 94118
1545-1547 Balboa Street, San Francisco, CA, 94118
$1,950,000
For Sale
$1,950,000
MULTI_FAMILY - San Francisco, CA
Property Size2,850 SF
Lot Size0.06 Acres
Price / SF$684.21
Days on Market42
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 1, Bathroom 2, 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
Listing Agency
Century 21 Masters
(415) 213-1600
2633 Ocean Ave., San Francisco, CA
Listed by
Roxy Tsai
(415) 275-4758
Added: Jun 5 Checked: Jul 16 at 5:06 pm
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.
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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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
