Oceanfront
New
For Sale
$1,695,000
1990-1992 Great Highway, San Francisco, CA 94116
Residential Income, San Francisco, CA
Property Size2,452 SF
Lot Size0.06 Acres
Price / SF$691.27
Days on Market2
Property Features for 1990-1992 Great Highway
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Parking
3
Parking features
Garage, Tandem
Appliances
Free-Standing Electric Range, Free-Standing Refrigerator
Lot features
Irregular Lot, Irregular Lot
View
Water, Ocean
Directions
Noriega and then south on the Great Hwy
Subdivision
SF District 2
Standard status
Active
APN
2086019
Size
2,452 SF
Lot size
0.06 Acres
Utilities
Heating system
Central
Water front features
Ocean Front
Water front
1
Building Details
Year built
1958
Number of units
2
Flooring type
Wood
Building materials
Stucco
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Compass
(415) 660-9955
Listed By:
Todd Wiley
(415) 317-5888
Added: Nov 5
Last Checked: Nov 6 at 2:06PM
MLS# 426174817
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.
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Investment Insights
Based on property information with market context.
This 2,452-square-foot duplex was built in 1958 on a 0.0553-acre lot, with Ocean Beach directly across the road and ocean views. The upper unit is vacant; the lower unit generates rental income. A tandem two-car garage also provides storage space. The property has wood flooring and central heating, with free-standing electric ranges and refrigerators among the appliances. Recent work includes updated appliances, new windows in the lower unit, replacement countertops and fixtures, refinished floors, and fresh interior and exterior paint.
Sunset Dunes is across the road, while Golden Gate Park and Stern Grove are nearby. Local destinations mentioned include Gus’s Community Market, Outerlands, Hook Fish, and The Riptide. The coastal setting offers direct access to the beach and views of the Pacific.
Sunset Dunes is across the road, while Golden Gate Park and Stern Grove are nearby. Local destinations mentioned include Gus’s Community Market, Outerlands, Hook Fish, and The Riptide. The coastal setting offers direct access to the beach and views of the Pacific.
Key Highlights
- Two‑unit duplex with 2,452 square feet on a 0.0553‑acre lot
- Ocean Beach directly across the road; property has ocean views
- Upper residence is vacant; lower unit generates rental income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,302
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,646,040
$1.6M
Cap Rate 7%
$1,175,743
$1.2M
Cap Rate 9%
$914,467
$914.5K
Market Conditions
NOI Build-Up for 2,452 SF
Gross rent
$125.1K $51.00/SF
− Vacancy
−$7.5K −$3.05/SF
EGI
$117.6K $47.95/SF
− OpEx
−$35.3K −$14.39/SF
NOI
$82.3K $33.57/SF
Area
ZIP 94116
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,646,040
Cap Rate 7%
$1,175,743
Cap Rate 9%
$914,467
Alternative Uses
Best Use
Multifamily LT 5
$1.18M
$1.03M – $1.37M
NOI $82,302 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$1.08M
$947.7K – $1.26M
NOI $75,818 @ 7.0% cap · market cap 4.47%
Theoretical Best
Retail
$11.18M
$9.78M – $13.04M
NOI $782,498 @ 7.0% cap · market cap 46.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
474
Businesses Nearby
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Business Placement
Demographics for 94116, CA
44,092
Population
16,406
Households
2.7
Avg Household Size
44
Median Age
57%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
17,637
Density / Sq Mi
$152,587
Median Household Income
$79,675
Median Earnings
$2,938
Median Rent
$1,450,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in San Francisco, CA
Properties on Market for Duplexes in San Francisco
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The upper residence is vacant, while the lower unit provides rental income.
Where is this duplex located?
The property is located at 1990-1992 Great Highway San Francisco, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,452 square feet on a 0.0553‑acre lot; Ocean Beach directly across the road; property has ocean views; Upper residence is vacant; lower unit generates rental income
