Duplex with Ocean
New
For Sale
$1,750,000
2938-2940 Sloat Boulevard, San Francisco, CA 94116
Two vacant residences each offer three bedrooms, two bathrooms, and in-unit laundry hookups.
Property Size2,790 SF
Days on Market6
Property Features for 2938-2940 Sloat Boulevard
General Information
Standard status
Active
Size
2,790 SF
Property subtype
Duplex
Site & Location
Neighborhood
Sunset/Parkside
Building Details
Building Size
2,790 SF
Year Built
1997
Listing Agency:
Coldwell Banker Realty
Listed By:
Christina C Chung
(415) 987-6050
Source:
Bonniespindler
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 30 at 11:31PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
Built in 1997, this vacant duplex contains two matching residences, each with 3 bedrooms and 2 bathrooms. Both include a living room, formal dining area, and kitchen equipped with a gas range, range hood, dishwasher, and refrigerator. Laundry hookups are provided inside each unit. The upper residence has skylights, while both feature high ceilings and wood-style flooring. Walk-in closets and shower-over-tub bathrooms serve the primary suites. A ground-level room and full bathroom add space beyond the main layouts, and side-by-side parking accommodates two cars.
The property has ocean views, with public transportation at the doorstep. The Great Highway and Ocean Beach are steps away, and Stonestown Galleria and Lakeshore Plaza are within walking distance. Nearby shopping and dining are also noted.
The property has ocean views, with public transportation at the doorstep. The Great Highway and Ocean Beach are steps away, and Stonestown Galleria and Lakeshore Plaza are within walking distance. Nearby shopping and dining are also noted.
Key Highlights
- Vacant duplex with ocean views
- Two matching units, each with 3 bedrooms and 2 bathrooms
- Built in 1997
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,647
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,872,940
$1.9M
Cap Rate 7%
$1,337,814
$1.3M
Cap Rate 9%
$1,040,522
$1.0M
Market Conditions
NOI Build-Up for 2,790 SF
Gross rent
$142.3K $51.00/SF
− Vacancy
−$8.5K −$3.05/SF
EGI
$133.8K $47.95/SF
− OpEx
−$40.1K −$14.39/SF
NOI
$93.6K $33.57/SF
Area
ZIP 94116
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%
$1,872,940
Cap Rate 7%
$1,337,814
Cap Rate 9%
$1,040,522
Alternative Uses
Best Use
Multifamily LT 5
$1.34M
$1.17M – $1.56M
NOI $93,647 @ 7.0% cap · market cap 5.35%
Second Best
Apartment 5plus
$1.23M
$1.08M – $1.44M
NOI $86,270 @ 7.0% cap · market cap 4.93%
Theoretical Best
Retail
$12.72M
$11.13M – $14.84M
NOI $890,363 @ 7.0% cap · market cap 50.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
Explore this area
Business Placement
Demographics for 94116, CA
44,092
Population
16,406
Households
2.7
Avg Household Size
44
Median Age
57%
College-Educated
91%
High-School Grad
2.5 sq mi
ZIP Area
17,637
Density / Sq Mi
$152,587
Median Household Income
$79,675
Median Earnings
$2,938
Median Rent
$1,450,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two vacant residences each offer three bedrooms, two bathrooms, and in-unit laundry hookups.
Where is this duplex located?
The property is located at 2938-2940 Sloat Boulevard San Francisco, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Vacant duplex with ocean views; Two matching units, each with 3 bedrooms and 2 bathrooms; Built in 1997
