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Duplex With Side-By-Side Garage
For Sale
$1,628,000
Pending

1630 Oakdale Avenue, San Francisco, CA 94124

Duplex with two 3-bedroom, 2-bath units plus a ground-floor bonus room with its own bath and remodeled interiors.

Property Size2,750 SF
Days on Market87

Property Features for 1630 Oakdale Avenue

General Information

Standard status Pending
Size 2,750 SF
Total Parking Spaces 2
Property subtype Multi Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1990
Listing Agency: KW Elevate
Listed By: Bella Shih · License #02210882
Source: Exitrealty
Added: Jun 14 Changed: Sep 7 Last Checked: Sep 7 at 6:44AM

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 KW Elevate

Investment Insights

Based on property information with market context.

This duplex offers two spacious 3-bedroom, 2-bath units, providing flexibility for owner-occupants and investors. In addition, a separate ground-floor bonus room or family room includes its own bath, which can support extended living arrangements, guests, or a home workspace. Updates throughout include modern kitchens, remodeled bathrooms, new flooring, new lighting, and fresh paint, creating move-in-ready interiors.

The property is located near restaurants, shopping, Muni, bus lines, and major commuter routes, with easy access to Downtown San Francisco and beyond.

A rare side-by-side 2-car garage with ample storage adds practical convenience for day-to-day parking and belongings management.

Key Highlights

  • Duplex built in 1990 with two 3‑bedroom, 2‑bath units
  • Ground‑floor bonus room/family room with its own bath for extended family, guests, or home office use
  • Updated interiors with modern kitchens, remodeled bathrooms, new flooring, new lighting, and fresh paint throughout

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
$97,734
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
6.00%
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%
$1,954,680 $2.0M
Cap Rate 7%
$1,396,200 $1.4M
Cap Rate 9%
$1,085,933 $1.1M
Market Conditions
NOI Build-Up for 2,750 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
$148.5K $54.00/SF
− Vacancy
−$8.9K −$3.23/SF
EGI
$139.6K $50.77/SF
− OpEx
−$41.9K −$15.23/SF
NOI
$97.7K $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%
$1,954,680
Cap Rate 7%
$1,396,200
Cap Rate 9%
$1,085,933

Alternative Uses

Best Use
Multifamily LT 5
$1.40M
$1.22M – $1.63M (±1% cap)
NOI $97,734 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,284 @ 7.0% cap · market cap 5.48%
Theoretical Best
Specialty Retail
$13.43M
$11.75M – $15.67M (±1% cap)
NOI $940,283 @ 7.0% cap · market cap 57.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Skin Care Clinic Barber Shop Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,841
Businesses Nearby

Demographics for 94124, CA

39,445
Population
11,780
Households
3.3
Avg Household Size
37
Median Age
27%
College-Educated
75%
High-School Grad
4.8 sq mi
ZIP Area
8,218
Density / Sq Mi
$82,928
Median Household Income
$42,683
Median Earnings
$1,368
Median Rent
$1,043,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two 3-bedroom, 2-bath units plus a ground-floor bonus room with its own bath and remodeled interiors.
Where is this duplex located?
The property is located at 1630 Oakdale Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $1,628,000.
What are key features of this property?
This property features: Duplex built in 1990 with two 3‑bedroom, 2‑bath units; Ground‑floor bonus room/family room with its own bath for extended family, guests, or home office use; Updated interiors with modern kitchens, remodeled bathrooms, new flooring, new lighting, and fresh paint throughout
More about this property
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