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Triplex with Backyard

2437-2441 24th Street, San Francisco, CA 94110

For Sale
$1,550,000

The authorized three-family residence offers a seven-bedroom, four-bathroom configuration.

Property Size3,906 SF
Lot Size0.06 Acres
Price / SF$396.83
Days on Market109

Property Features for 2437-2441 24th Street

General Information

Standard status Active
Size 3,906 SF
Lot size 0.06 Acres
Property subtype Triplex

Site & Location

Neighborhood Mission

Additional Details

Multifamily Units 3

Amenities

large low maintenance back yard

Building Details

Building Size 3,906 SF
Year Built 1907
Buildings 1
Construction Edwardian
Listing Agency: JMC Realty Corporation
Listed By: Dennis Chan
Source: Outpostrealestate
Added: Jul 24 Changed: Nov 9 Last Checked: Nov 9 at 2:20PM

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 JMC Realty Corporation

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Investment Insights

Based on property information with market context.

Built in 1907, this Edwardian triplex is configured as an authorized three-family dwelling. The residence contains 3,906 square feet of living area, with seven bedrooms and four bathrooms. Fresh paint and a low-maintenance backyard are among the property’s existing features; the lot measures 2,500 square feet.

The property is at 2437–2441 24th Street in San Francisco, between San Bruno Avenue and Vermont Street.

Key Highlights

  • Authorized three‑family dwelling
  • Seven bedrooms and four bathrooms
  • 3,906 square feet of living area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$131,105
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,622,100 $2.6M
Cap Rate 7%
$1,872,929 $1.9M
Cap Rate 9%
$1,456,722 $1.5M
Market Conditions
NOI Build-Up for 3,906 SF
Gross rent
$199.2K $51.00/SF
− Vacancy
−$11.9K −$3.05/SF
EGI
$187.3K $47.95/SF
− OpEx
−$56.2K −$14.39/SF
NOI
$131.1K $33.57/SF
Area
ZIP 94110
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,622,100
Cap Rate 7%
$1,872,929
Cap Rate 9%
$1,456,722

Alternative Uses

Best Use
Multifamily LT 5
$1.87M
$1.64M – $2.19M (±1% cap)
NOI $131,105 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$1.73M
$1.51M – $2.01M (±1% cap)
NOI $120,777 @ 7.0% cap · market cap 7.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

3,398
Businesses Nearby

Demographics for 94110, CA

68,336
Population
30,685
Households
2.2
Avg Household Size
38
Median Age
61%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
28,473
Density / Sq Mi
$152,403
Median Household Income
$80,431
Median Earnings
$2,404
Median Rent
$1,500,200
Median Home Value

Market

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

$664 Jul
$662 Aug
$645 Sep
$692 Oct

Properties on Market for Triplexes 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?
Triplex - The authorized three-family residence offers a seven-bedroom, four-bathroom configuration.
Where is this triplex located?
The property is located at 2437-2441 24th Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Authorized three‑family dwelling; Seven bedrooms and four bathrooms; 3,906 square feet of living area
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