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Victorian Duplex with Tandem Garage
For Sale
$2,770,000

2028-2030 Pierce Street San, San Francisco, CA 94115

Two full-floor residences offer classic interiors, formal dining rooms, eat-in kitchens, and substantial storage.

Property Size2,956 SF
Price / SF$937.08
Days on Market119

Property Features for 2028-2030 Pierce Street San

General Information

Standard status Active
Size 2,956 SF
Total Parking Spaces 2
Property subtype Duplex

Site & Location

Neighborhood Pacific Heights

Units

Unit Mix 1 x 3BR, 1 x 2BR
Multifamily Units 2

Building Details

Year Built 1900
Buildings 1
Stories 2
Construction Victorian
Listing Agency: Compass
Listed By: Joske M Thompson
Source: Kw
Added: Jul 11 Changed: Nov 5 Last Checked: Nov 4 at 3:26PM

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 Compass

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Investment Insights

Based on property information with market context.

Built in 1900, this Victorian-era duplex contains two full-floor flats within an approximately 2,956-square-foot building. The upper residence has 3 bedrooms, while the lower residence has 2 bedrooms. Both units include double parlors, formal dining rooms, and eat-in kitchens, creating distinct layouts with period character and practical living areas. Southern exposure contributes to natural light across the residences.

The property occupies the corner of Pierce and Perine Streets in Pacific Heights, with the Fillmore Street corridor just steps away. A tandem garage accommodates 2 cars, and additional rear storage expands the building’s utility. The combination of two residential units, established interior features, corner positioning, and proximity to shopping, dining, and neighborhood amenities defines the offering.

Key Highlights

  • Two‑unit Victorian property built in 1900
  • Approximately 2,956 square feet with 3‑bedroom upper and 2‑bedroom lower flats
  • Both residences include double parlors, formal dining rooms, and eat‑in kitchens

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$105,055
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,101,100 $2.1M
Cap Rate 7%
$1,500,786 $1.5M
Cap Rate 9%
$1,167,278 $1.2M
Market Conditions
NOI Build-Up for 2,956 SF
Gross rent
$159.6K $54.00/SF
− Vacancy
−$9.5K −$3.23/SF
EGI
$150.1K $50.77/SF
− OpEx
−$45.0K −$15.23/SF
NOI
$105.1K $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 Rate 5%
$2,101,100
Cap Rate 7%
$1,500,786
Cap Rate 9%
$1,167,278

Alternative Uses

Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,055 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,973 @ 7.0% cap · market cap 3.46%
Theoretical Best
Specialty Retail
$14.44M
$12.63M – $16.85M (±1% cap)
NOI $1,010,719 @ 7.0% cap · market cap 36.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

8,142
Businesses Nearby

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

Average Price Trend$/SF for Duplexes in San Francisco, CA

$774 Jul
$721 Aug
$787 Sep
$825 Oct

Properties on Market for Duplexes in San Francisco

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two full-floor residences offer classic interiors, formal dining rooms, eat-in kitchens, and substantial storage.
Where is this duplex located?
The property is located at 2028-2030 Pierce Street San San Francisco, CA.
What is the asking price?
The asking price for this property is $2,770,000.
What are key features of this property?
This property features: Two‑unit Victorian property built in 1900; Approximately 2,956 square feet with 3‑bedroom upper and 2‑bedroom lower flats; Both residences include double parlors, formal dining rooms, and eat‑in kitchens
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