Three-Unit Triplex with Owner
2275 California Street San Francisco, CA 94115
2275 California Street, San Francisco, CA, 94115
$4,500,000
For Sale
$4,500,000
Other - San Francisco, CA
Property Size6,000 SF
Lot Size0.08 Acres
Price / SF$750
Days on Market22
Property Features for 2275 California Street
General Information
- Property type
- Other
- Property subtype
- Triplex
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Standard status
- Active
- APN
- 0652025
- Size
- 6,000 SF
- Lot size
- 0.08 Acres
Building Details
- Year built
- 1900
- Architectural style
- Other
Listing Agency
Engel & Völkers San Francisco Union Street
(415) 689-8592
2200 Union Street, San Francisco, CA
Listed by
Andrew Black
Added: Jun 27 Checked: Jul 18 at 8:06 pm
MLS# 426139577
Listing URL
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-unit triplex provides a mix of current rental income and owner-occupant flexibility. The property includes two tenant-occupied residences: a spacious 3-bedroom, 1.5-bath flat and a 2-bedroom, 1.5-bath flat. Both tenant-occupied units reference dedicated laundry in the lower storage area. The primary two-story owner’s residence features 4 bedrooms and 2 bathrooms, with in-unit laundry, and is scheduled to be delivered vacant at closing.
Additional amenities include two generous private storage rooms accessed from a tradesman alley, plus a landscaped shared backyard perched above the surrounding neighborhood. The outdoor space is described as offering sweeping views in multiple directions, including Twin Peaks, Cole Valley, Alta Plaza Park, and portions of the San Francisco Bay.
The property is a triplex totaling approximately 6,000 square feet, with the three-unit configuration supporting both occupancy and supplemental rental income.
Additional amenities include two generous private storage rooms accessed from a tradesman alley, plus a landscaped shared backyard perched above the surrounding neighborhood. The outdoor space is described as offering sweeping views in multiple directions, including Twin Peaks, Cole Valley, Alta Plaza Park, and portions of the San Francisco Bay.
The property is a triplex totaling approximately 6,000 square feet, with the three-unit configuration supporting both occupancy and supplemental rental income.
Key Highlights
- Three‑unit triplex at 2275 California Street in Pacific Heights, built in 1900
- Approx. 6,000 sq ft total with two tenant‑occupied residences and one owner’s residence
- Owner’s two‑story residence: 4 bedrooms, 2 bathrooms, and in‑unit laundry; delivered vacant at closing
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 | $324.0k | $54.00 |
| − Vacancy | −$19.4k | −$3.23 |
| EGI | $304.6k | $50.77 |
| − OpEx | −$91.4k | −$15.23 |
| NOI | $213.2k | $35.54 |
6,000 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$3.05M
$2.67M – $3.55M
NOI $213,237 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$2.78M
$2.44M – $3.25M
NOI $194,802 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$29.31M
$25.64M – $34.19M
NOI $2,051,528 @ 7.0% cap · market cap 45.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex with two tenant-occupied units and a two-story owner residence delivered vacant at closing.
Where is this triplex located?
The property is located at 2275 California Street San Francisco, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Three‑unit triplex at 2275 California Street in Pacific Heights, built in 1900; Approx. 6,000 sq ft total with two tenant‑occupied residences and one owner’s residence; Owner’s two‑story residence: 4 bedrooms, 2 bathrooms, and in‑unit laundry; delivered vacant at closing
