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2109 22nd St, San Francisco, CA, 94107
Vacant Duplex with Outdoor Space

2109 22nd St San Francisco, CA 94107

For Sale
$850,000

Vacant duplex with two units, including a top-floor private deck and a lower-level retreat opening to an expansive patio.

Property Size752 SF
Price / SF$1,130
Days on Market72

Property Features for 2109 22nd St

General Information

Standard status
Active
Size
752 SF
Property subtype
Multi Family

Building Details

Year Built
1946
Listing Agency: Golden Gate Sotheby's Int'l Re
Listed By: Herman Chan · License #01395481
Source: Exitrealty
Added: May 14 Changed: Jul 21 Last Checked: Jul 23 at 6:10AM

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 Golden Gate Sotheby's Int'l Re


Investment Insights

Based on property information with market context.

This vacant duplex features two “mini-residences” configured for flexible living. The top-floor unit includes a private deck, while the lower-level retreat opens to an expansive patio. The property sits on a deep lot, offering a blank canvas for an expansion or a designed outdoor space.

Located at 2109-2111 22nd Street in Potrero Hill, the site is described as having seamless freeway access and convenient proximity to Zuckerberg San Francisco General and UCSF Mission Bay. Whole Foods is also noted as being just blocks away.

For buyers considering redevelopment, the existing duplex provides an immediate starting point on the deep lot, with outdoor areas already incorporated into the current layout.

Key Highlights

  • Vacant duplex at 2109–2111 22nd Street in Potrero Hill
  • Year built: 1946
  • Two units: a light‑filled top‑floor unit with a private deck

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 $40.6k $54.00
− Vacancy −$2.4k −$3.23
EGI $38.2k $50.77
− OpEx −$11.5k −$15.23
NOI $26.7k $35.54
752 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$381.8K
$334.1K – $445.4K (±1% cap)
NOI $26,726 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$348.8K
$305.2K – $406.9K (±1% cap)
NOI $24,415 @ 7.0% cap · market cap 2.87%
Theoretical Best
Specialty Retail
$3.67M
$3.21M – $4.29M (±1% cap)
NOI $257,125 @ 7.0% cap · market cap 30.25%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Tanning Salon Grocery & Convenience Store Arcade & Gaming Center Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Clothing & Fashion Store Locksmith Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Vacant duplex with two units, including a top-floor private deck and a lower-level retreat opening to an expansive patio.
Where is this duplex located?
The property is located at 2109 22nd St San Francisco, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Vacant duplex at 2109–2111 22nd Street in Potrero Hill; Year built: 1946; Two units: a light‑filled top‑floor unit with a private deck
More about this property
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