Vacant Three-Unit
New
For Sale
$3,200,000
314-318 Chestnut Street, San Francisco, CA 94133
In-unit laundry, dedicated storage, and separate gas and electric meters serve the residential units.
Property Size4,200 SF
Lot Size0.03 Acres
Price / SF$761.90
Days on Market3
Property Features for 314-318 Chestnut Street
General Information
Standard status
Active
Size
4,200 SF
Lot size
0.03 Acres
Property subtype
Multi-Family
Site & Location
Neighborhood
North Beach
Public Transit
Yes
Units
Multifamily Units
3
Individually Metered Utilities
gas, electricity
Amenities
in-unit laundry
dedicated storage
Building Details
Year Built
1907
Listing Agency:
Compass
Listed By:
Readdress
(415) 275-0229
Source:
Readdress
Added: Oct 24
Changed: Oct 26
Last Checked: Oct 24 at 3:15PM
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 Compass
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant San Francisco triplex contains three units across approximately 4,200 square feet, on a 1,498-square-foot lot. Constructed in 1907, the building retains bay windows and hardwood floors, with large windows and living areas. In-unit laundry and dedicated storage are provided, and gas and electrical service are separately metered.
The property is on Chestnut Street in Telegraph Hill, near North Beach, the Embarcadero, Coit Tower, Washington Square Park, Pier 39, and Fisherman’s Wharf. Bay views include the Golden Gate Bridge and the surrounding cityscape. The location also provides access to downtown San Francisco, the Financial District, local restaurants and shops, and public transportation.
The property is on Chestnut Street in Telegraph Hill, near North Beach, the Embarcadero, Coit Tower, Washington Square Park, Pier 39, and Fisherman’s Wharf. Bay views include the Golden Gate Bridge and the surrounding cityscape. The location also provides access to downtown San Francisco, the Financial District, local restaurants and shops, and public transportation.
Key Highlights
- Three‑unit multifamily property offered vacant
- Approximately 4,200 square feet on a 1,498‑square‑foot lot
- Built in 1907; features bay windows and hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$149,266
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,985,320
$3.0M
Cap Rate 7%
$2,132,371
$2.1M
Cap Rate 9%
$1,658,511
$1.7M
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$226.8K $54.00/SF
− Vacancy
−$13.6K −$3.23/SF
EGI
$213.2K $50.77/SF
− OpEx
−$64.0K −$15.23/SF
NOI
$149.3K $35.54/SF
Area
San Francisco, CA
Vacancy
5.98%
Lease Rate
$54.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,985,320
Cap Rate 7%
$2,132,371
Cap Rate 9%
$1,658,511
Alternative Uses
Best Use
Multifamily LT 5
$2.13M
$1.87M – $2.49M
NOI $149,266 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$1.95M
$1.70M – $2.27M
NOI $136,362 @ 7.0% cap · market cap 4.26%
Theoretical Best
Specialty Retail
$20.52M
$17.95M – $23.93M
NOI $1,436,069 @ 7.0% cap · market cap 44.88%
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
5,257
Businesses Nearby
Explore this area
Business Placement
Demographics for 94133, CA
26,751
Population
15,733
Households
1.7
Avg Household Size
41
Median Age
55%
College-Educated
80%
High-School Grad
0.7 sq mi
ZIP Area
38,216
Density / Sq Mi
$83,025
Median Household Income
$78,478
Median Earnings
$1,985
Median Rent
$1,519,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - In-unit laundry, dedicated storage, and separate gas and electric meters serve the residential units.
Where is this triplex located?
The property is located at 314-318 Chestnut Street San Francisco, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Three‑unit multifamily property offered vacant; Approximately 4,200 square feet on a 1,498‑square‑foot lot; Built in 1907; features bay windows and hardwood floors
