256 Mullen Avenue San Francisco, CA 94110
MULTI_FAMILY - San Francisco, CA
- Added:
- Apr 15, 2026
- Days on Market:
- 91
- Last Refresh:
- Jul 14 at 12:06 pm
Property Features for 256 Mullen Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4
- Parking
- 2
- Parking features
- Side By Side
- Standard status
- Active
- APN
- 5537025
- Size
- 2,773 SF
- Lot size
- 0.04 Acres
Building Details
- Year built
- 1908
- Number of units
- 2
Listing agent Ryan Richard Lenox (617) 838-4384
Listing office Compass 891 Beach St., Beverly Hills, CA (415) 660-9955
Listing date Apr 15, 2026
Copyright © 2026 San Francisco Association of REALTORS. 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.
The property sits on Bernal Heights’ north slope on a tree-lined block. Access to freeways and transit is described as easy, and the listing notes proximity to Precita Park, Bernal Heights Park, and the Bernal Heights Dog Park.
For buyers seeking a turnkey owner-occupant arrangement, the layout supports separate living and rental functions, with a bonus space that can be used flexibly within the owner’s unit. The front unit is currently leased at market rate, providing ongoing income while the owner’s residence offers dedicated outdoor space and private entry to the bonus area.
Key Highlights
- Updated duplex on Bernal Heights' North Slope with an owner unit plus a separate leased front unit
- 3‑floor owner’s unit (2 bed/1 bath) includes private roof deck and rear patio for grilling/gardening
- Owner’s unit bonus space with private entrance, full bathroom, and laundry
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 | $141.4k | $51.00 |
| − Vacancy | −$8.5k | −$3.05 |
| EGI | $133.0k | $47.95 |
| − OpEx | −$39.9k | −$14.39 |
| NOI | $93.1k | $33.57 |
