1560-1564 Cortland Avenue San Francisco, CA 94110
Three-unit building in Bernal Heights with income growth potential.
Property Features for 1560-1564 Cortland Avenue
General Information
- Standard status
- Active
- Size
- 2,110 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1968
Listing office Colliers - San Francisco, California
Listing date May 25, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime Bernal Heights location on Cortland Avenue, offering high walkability and access to amenities.
- One vacant, remodeled 1 BD/1 BA unit provides immediate rental income potential or owner‑user opportunity.
- Significant rental upside potential in a desirable San Francisco neighborhood.
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 | $107.6k | $51.00 |
| − Vacancy | −$6.4k | −$3.05 |
| EGI | $101.2k | $47.95 |
| − OpEx | −$30.4k | −$14.39 |
| NOI | $70.8k | $33.57 |
