Remodeled Duplex with
For Sale
$2,999,999
1619 Laguna Street, San Francisco, CA 94115
Flexible two-unit configuration includes a private-entry studio suited to guests, office use, or rental occupancy.
Property Size3,124 SF
Price / SF$960.31
Days on Market30
Property Features for 1619 Laguna Street
General Information
Standard status
Active
Size
3,124 SF
Property subtype
Multi-Family
Building Details
Year Built
1900
Listing Agency:
J.Peter Realtors
(408) 465-4899
Listed By:
The Jamison Team
(408) 465-4899
Source:
Tuscanaproperties
Added: Aug 1
Changed: Aug 29
Last Checked: Aug 26 at 1:00PM
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 J.Peter Realtors
Investment Insights
Based on property information with market context.
This San Francisco duplex was built in 1900 and has been extensively renovated with updated finishes and a reworked interior plan. The principal residence spans approximately 2,730 sq. ft. across two levels, with two primary suites, two additional bedrooms, three full bathrooms, an open living area, designer kitchen, laundry room, office, media room, bar and lounge area, and another bedroom with a full bathroom. The property totals 3,124 in reported property size.
A separate studio residence provides its own entrance, full bathroom, efficient layout, and modern finishes. The two-unit arrangement supports multiple occupancy configurations, including a primary residence paired with a private studio. The property is located at 1619 Laguna Street in San Francisco, California 94115, within the Japantown and Pacific Heights areas identified in the property information.
A separate studio residence provides its own entrance, full bathroom, efficient layout, and modern finishes. The two-unit arrangement supports multiple occupancy configurations, including a primary residence paired with a private studio. The property is located at 1619 Laguna Street in San Francisco, California 94115, within the Japantown and Pacific Heights areas identified in the property information.
Key Highlights
- Two‑unit duplex configuration with a separate studio residence
- Approximately 2,730 sq. ft. two‑story principal residence
- Principal unit includes 2 primary suites, 2 additional bedrooms, and 4 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$111,026
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,220,520
$2.2M
Cap Rate 7%
$1,586,086
$1.6M
Cap Rate 9%
$1,233,622
$1.2M
Market Conditions
NOI Build-Up for 3,124 SF
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.
Gross rent
$168.7K $54.00/SF
− Vacancy
−$10.1K −$3.23/SF
EGI
$158.6K $50.77/SF
− OpEx
−$47.6K −$15.23/SF
NOI
$111.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,220,520
Cap Rate 7%
$1,586,086
Cap Rate 9%
$1,233,622
Alternative Uses
Best Use
Multifamily LT 5
$1.59M
$1.39M – $1.85M
NOI $111,026 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,427 @ 7.0% cap · market cap 3.38%
Theoretical Best
Specialty Retail
$15.26M
$13.35M – $17.80M
NOI $1,068,162 @ 7.0% cap · market cap 35.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10,848
Businesses Nearby
Explore this area
Business Placement
Demographics for 94115, CA
35,853
Population
19,312
Households
1.9
Avg Household Size
38
Median Age
74%
College-Educated
96%
High-School Grad
1.1 sq mi
ZIP Area
32,594
Density / Sq Mi
$154,264
Median Household Income
$103,538
Median Earnings
$2,380
Median Rent
$1,684,100
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 - Flexible two-unit configuration includes a private-entry studio suited to guests, office use, or rental occupancy.
Where is this duplex located?
The property is located at 1619 Laguna Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: Two‑unit duplex configuration with a separate studio residence; Approximately 2,730 sq. ft. two‑story principal residence; Principal unit includes 2 primary suites, 2 additional bedrooms, and 4 full bathrooms
