Duplex with Private Rear
32393241 Clement Street San Francisco, CA 94121
32393241 Clement Street, San Francisco, CA, 94121
$1,825,000
For Sale
$1,825,000
Two-unit duplex in San Francisco with a vacant unit, separate utilities, and private outdoor space.
Property Size3,400 SF
Lot Size0.06 Acres
Price / SF$536.76
Days on Market35
Property Features for 32393241 Clement Street
General Information
- Standard status
- Active
- Size
- 3,400 SF
- Lot size
- 0.06 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1927
Listing agency
Compass
(650) 405-0743
Listed by
Ray Rodriguez · License #01999734
(650) 405-0743
Source
Exitrealty
Added: Jun 18 Updated: Jul 10 at 2:10PM Checked: Jul 21 at 5:03AM
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
Investment Insights
Based on property information with market context.
3239-3241 Clement Street is a two-unit duplex built in 1927, totaling approximately 3,400 square feet on a 0.06-acre lot. The property features classic wood and stucco construction and offers two spacious 2-bedroom, 2-bathroom flats, each with additional office space. Interiors include refinished hardwood floors, decorative fireplaces, formal dining areas, and sun rooms, along with generous living spaces. The building also includes a private rear yard, garage parking, and on-site laundry. One unit is currently vacant, providing an immediate opportunity for an owner-occupant or investor to re-tenant, occupy, or reposition while the remaining unit continues to provide income.
The duplex is zoned RH-2 and has two separate units with individual utility arrangements. Each unit is separately metered for gas and electricity, with individual water heaters. Ownership is responsible for water, sewer, garbage, and common area utilities.
With its unit configuration, separate metering, and practical on-site amenities like parking and laundry, the property can fit a range of multifamily buyers looking for a duplex with day-one flexibility through the vacant unit, while maintaining steadier operations through the currently occupied side.
The duplex is zoned RH-2 and has two separate units with individual utility arrangements. Each unit is separately metered for gas and electricity, with individual water heaters. Ownership is responsible for water, sewer, garbage, and common area utilities.
With its unit configuration, separate metering, and practical on-site amenities like parking and laundry, the property can fit a range of multifamily buyers looking for a duplex with day-one flexibility through the vacant unit, while maintaining steadier operations through the currently occupied side.
Key Highlights
- Built in 1927 duplex on 0.06‑acre lot featuring 2 flats, each a 2‑bedroom/2‑bath with an office
- Approximately 3,400 SF with refinished hardwood floors, decorative fireplaces, formal dining areas, and sun rooms
- One unit is vacant and positioned for market‑rate lease‑up, with the other unit currently occupied for income stability
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 | $183.6k | $54.00 |
| − Vacancy | −$11.0k | −$3.23 |
| EGI | $172.6k | $50.77 |
| − OpEx | −$51.8k | −$15.23 |
| NOI | $120.8k | $35.54 |
3,400 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.73M
$1.51M – $2.01M
NOI $120,835 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$1.58M
$1.38M – $1.84M
NOI $110,388 @ 7.0% cap · market cap 6.05%
Theoretical Best
Specialty Retail
$16.61M
$14.53M – $19.38M
NOI $1,162,532 @ 7.0% cap · market cap 63.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-unit duplex in San Francisco with a vacant unit, separate utilities, and private outdoor space.
Where is this duplex located?
The property is located at 32393241 Clement Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: Built in 1927 duplex on 0.06‑acre lot featuring 2 flats, each a 2‑bedroom/2‑bath with an office; Approximately 3,400 SF with refinished hardwood floors, decorative fireplaces, formal dining areas, and sun rooms; One unit is vacant and positioned for market‑rate lease‑up, with the other unit currently occupied for income stability
