Victorian Two-Unit Residential
2028-2030 Pierce Street San Francisco, CA 94115
2028-2030 Pierce Street, San Francisco, CA, 94115
$3,000,000
For Sale
$3,000,000
Two-unit Victorian building with double parlors and eat-in kitchens, offering a 3-bedroom and 2-bedroom flat.
Property Size2,956 SF
Price / SF$1,014
Days on Market12
Property Features for 2028-2030 Pierce Street
General Information
- Standard status
- Active
- Size
- 2,956 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1900
Listing agency
Compass
(415) 345-3000
Listed by
Joske M Thompson
Source
Cityrealestatesf
Added: Jul 10 Updated: Jul 20 at 5:26PM Checked: Jul 21 at 6:17AM
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
Investment Insights
Based on property information with market context.
Built in 1900, this classic Victorian-era duplex offers two spacious flats totaling approximately 2,956 square feet. The upper unit features three bedrooms, while the lower unit offers two bedrooms. Both residences include double parlors, formal dining rooms, and eat-in kitchens. A rear garage provides space for 2-car tandem parking along with additional storage.
Located at 2028–2030 Pierce Street in San Francisco, the property sits on the corner of Pierce and Perine Streets and benefits from southern exposure for natural light throughout the homes. The setting also places residents just steps from the Fillmore Street corridor, with access to surrounding shopping, dining, and neighborhood amenities.
The layout and period details make this property a straightforward fit for an owner seeking a well-established two-unit configuration with clear separation between the upper and lower flats.
Located at 2028–2030 Pierce Street in San Francisco, the property sits on the corner of Pierce and Perine Streets and benefits from southern exposure for natural light throughout the homes. The setting also places residents just steps from the Fillmore Street corridor, with access to surrounding shopping, dining, and neighborhood amenities.
The layout and period details make this property a straightforward fit for an owner seeking a well-established two-unit configuration with clear separation between the upper and lower flats.
Key Highlights
- Built in 1900, approx. 2,956 SF Victorian two‑unit building on the corner of Pierce and Perine Streets
- Two flats: upper unit has 3 bedrooms; lower unit has 2 bedrooms
- Both units feature double parlors, formal dining rooms, and eat‑in kitchens
Local 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 | $159.6k | $54.00 |
| − Vacancy | −$9.5k | −$3.23 |
| EGI | $150.1k | $50.77 |
| − OpEx | −$45.0k | −$15.23 |
| NOI | $105.1k | $35.54 |
2,956 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $105,055 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$1.37M
$1.20M – $1.60M
NOI $95,973 @ 7.0% cap · market cap 3.20%
Theoretical Best
Specialty Retail
$14.44M
$12.63M – $16.85M
NOI $1,010,719 @ 7.0% cap · market cap 33.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit Victorian building with double parlors and eat-in kitchens, offering a 3-bedroom and 2-bedroom flat.
Where is this duplex located?
The property is located at 2028-2030 Pierce Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Built in 1900, approx. 2,956 SF Victorian two‑unit building on the corner of Pierce and Perine Streets; Two flats: upper unit has 3 bedrooms; lower unit has 2 bedrooms; Both units feature double parlors, formal dining rooms, and eat‑in kitchens
