Vacant Two-Unit Residential
164 Bernard Street San Francisco, CA 94109
For Sale
$2,300,000
Two-level, permitted 2-unit property with five bedrooms, three bathrooms, and an eat-in kitchen.
Property Size2,280 SF
Price / SF$1,008
Days on Market307
Property Features for 164 Bernard Street
General Information
Standard status
Active
Size
2,280 SF
Property subtype
Duplex
Building Details
Year Built
1908
Listing Agency:
Vanguard Properties
Listed By:
Tasha Delancy · License #02024301
Source:
Cityrealestatesf
Added: Sep 26, 2025
Changed: Jul 25
Last Checked: Jul 29 at 10:54AM
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 Vanguard Properties
Investment Insights
Based on property information with market context.
This 2,300-square-foot, two-level residential property is configured as a technically 2-unit building but “lives like” a single-family home. It features five bedrooms and three bathrooms, along with a spacious kitchen with an eat-in dining area. The property is described as having been completed with proper permits and will be delivered vacant at the close of escrow.
The offering is at 164 Bernard Street in San Francisco, CA 94109. The remarks indicate the potential to build a rooftop with views of the Bay and the Golden Gate Bridge.
For buyers seeking a permitted two-unit residential setup delivered vacant, this home offers a comfortable, house-like layout with a substantial kitchen/dining arrangement within the existing footprint.
The offering is at 164 Bernard Street in San Francisco, CA 94109. The remarks indicate the potential to build a rooftop with views of the Bay and the Golden Gate Bridge.
For buyers seeking a permitted two-unit residential setup delivered vacant, this home offers a comfortable, house-like layout with a substantial kitchen/dining arrangement within the existing footprint.
Key Highlights
- 1908‑built two‑level home with 2,300 SF and five bedrooms plus three bathrooms
- Permitted 2‑unit property delivered vacant at close of escrow
- Layout includes an eat‑in kitchen and spacious kitchen area
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 | $116.3k | $51.00 |
| − Vacancy | −$7.0k | −$3.05 |
| EGI | $109.3k | $47.95 |
| − OpEx | −$32.8k | −$14.39 |
| NOI | $76.5k | $33.57 |
2,280 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$956.6K – $1.28M
NOI $76,529 @ 7.0% cap · market cap 3.33%
Second Best
Apartment 5plus
$972.9K
$851.3K – $1.14M
NOI $68,103 @ 7.0% cap · market cap 2.96%
Theoretical Best
Retail
$10.39M
$9.10M – $12.13M
NOI $727,608 @ 7.0% cap · market cap 31.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-level, permitted 2-unit property with five bedrooms, three bathrooms, and an eat-in kitchen.
Where is this duplex located?
The property is located at 164 Bernard Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 1908‑built two‑level home with 2,300 SF and five bedrooms plus three bathrooms; Permitted 2‑unit property delivered vacant at close of escrow; Layout includes an eat‑in kitchen and spacious kitchen area
