Four-Unit Residential Income
2427 Turk Boulevard San Francisco, CA 94118
2427 Turk Boulevard, San Francisco, CA, 94118
$2,255,000
For Sale
$2,255,000
Four-unit multifamily property with two-bedroom, one-bedroom, and studio layouts, including in-unit laundry in Unit 1.
Property Size4,022 SF
Price / SF$560.67
Days on Market144
Property Features for 2427 Turk Boulevard
General Information
- Standard status
- Active
- Size
- 4,022 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1939
Listing agency
RE/MAX Gold
(408) 707-5525
Listed by
Valeriy Teplyuk · License #01952472
(408) 707-5525
Source
Exitrealty
Added: Feb 28 Updated: Jul 21 at 3:55AM Checked: Jul 21 at 3:55AM
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 RE/MAX Gold
Investment Insights
Based on property information with market context.
This four-unit multifamily property offers a mix of residential layouts designed for varied rental demand. Unit 1 is a two-bedroom, two-bath flat and includes in-unit laundry. Unit 2 features a one-bedroom, one-bath layout with city outlooks. Units 3 and 4 are studio units, rounding out the building’s unit mix.
The property is located in San Francisco’s Lone Mountain area within the Richmond District, with abundant nearby green space. It is described as being convenient to Golden Gate Park, Rossi Park, and the Panhandle, and also near Balboa Street, Clement Street, Geary Boulevard, and Masonic Avenue.
The building is configured as four thoughtfully arranged residential units, supporting a flexible rental mix across two-bedroom, one-bedroom, and studio apartments.
The property is located in San Francisco’s Lone Mountain area within the Richmond District, with abundant nearby green space. It is described as being convenient to Golden Gate Park, Rossi Park, and the Panhandle, and also near Balboa Street, Clement Street, Geary Boulevard, and Masonic Avenue.
The building is configured as four thoughtfully arranged residential units, supporting a flexible rental mix across two-bedroom, one-bedroom, and studio apartments.
Key Highlights
- Four‑unit multifamily building built in 1939 in San Francisco’s Richmond District (Lone Mountain neighborhood).
- Unit mix includes one 2‑bedroom, 2‑bath flat, one 1‑bedroom, 1‑bath unit, and two studio units.
- Unit 1 features in‑unit laundry and city views.
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 | $217.2k | $54.00 |
| − Vacancy | −$13.0k | −$3.23 |
| EGI | $204.2k | $50.77 |
| − OpEx | −$61.3k | −$15.23 |
| NOI | $142.9k | $35.54 |
4,022 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.04M
$1.79M – $2.38M
NOI $142,940 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$1.87M
$1.63M – $2.18M
NOI $130,582 @ 7.0% cap · market cap 5.79%
Theoretical Best
Specialty Retail
$19.65M
$17.19M – $22.92M
NOI $1,375,207 @ 7.0% cap · market cap 60.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit multifamily property with two-bedroom, one-bedroom, and studio layouts, including in-unit laundry in Unit 1.
Where is this quadplex located?
The property is located at 2427 Turk Boulevard San Francisco, CA.
What is the asking price?
The asking price for this property is $2,255,000.
What are key features of this property?
This property features: Four‑unit multifamily building built in 1939 in San Francisco’s Richmond District (Lone Mountain neighborhood).; Unit mix includes one 2‑bedroom, 2‑bath flat, one 1‑bedroom, 1‑bath unit, and two studio units.; Unit 1 features in‑unit laundry and city views.
