Tenant-Occupied Triplex for
3246 Vicente ST San Francisco, CA 94116
New
3246 Vicente ST, San Francisco, CA, 94116
$1,498,000
For Sale
$1,498,000
MULTI_FAMILY - SAN FRANCISCO, CA
Property Size2,347 SF
Lot Size0.06 Acres
Price / SF$638.26
Days on Market2
Property Features for 3246 Vicente ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- RH1
- Bedrooms
- 3
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 2
- Parking features
- Garage - Attached, On Street, Tandem
- Security features
- Security
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,347 SF
- Lot size
- 0.06 Acres
Utilities
- Heating system
- Fireplace(s), Floor Furnace
Building Details
- Year built
- 1955
- Number of units
- 3
- Roof type
- Flat
Listing Agency
Keller Williams Thrive
(408) 850-6900
19900 Stevens Creek Blvd #100, Cupertino, CA
Listed by
Baris Demirlioglu · License #02154411
(408) 314-1328
Added: Jul 17 Checked: Jul 18 at 8:06 pm
MLS# ML82050385
Listing URL
Copyright © 2026 MLS Listings, Inc. 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.
This tenant-occupied triplex includes two 1-bedroom, 1-bath units and one studio unit. The property is set up as a three-unit residential income building, offering three separate rental spaces within the same structure.
The triplex is located at 3246 Vicente St in San Francisco, CA 94116, in the RH1 zoning district. Public remarks indicate the home is in the Outer Sunset and is described as being just blocks from the beach, MUNI lines, and the SF Zoo.
The available information confirms the unit mix and current occupancy status, with all three units occupied. Lot size is listed as 0.0574 acres and total property size is listed as 2,347 square feet.
The triplex is located at 3246 Vicente St in San Francisco, CA 94116, in the RH1 zoning district. Public remarks indicate the home is in the Outer Sunset and is described as being just blocks from the beach, MUNI lines, and the SF Zoo.
The available information confirms the unit mix and current occupancy status, with all three units occupied. Lot size is listed as 0.0574 acres and total property size is listed as 2,347 square feet.
Key Highlights
- Triplex with two 1BR/1BA units and one studio unit
- All units are currently tenant occupied
- Year built: 1955
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 | $119.7k | $51.00 |
| − Vacancy | −$7.2k | −$3.05 |
| EGI | $112.5k | $47.95 |
| − OpEx | −$33.8k | −$14.39 |
| NOI | $78.8k | $33.57 |
2,347 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$984.7K – $1.31M
NOI $78,777 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$1.04M
$907.2K – $1.21M
NOI $72,572 @ 7.0% cap · market cap 4.84%
Theoretical Best
Retail
$10.70M
$9.36M – $12.48M
NOI $748,990 @ 7.0% cap · market cap 50.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Triplex with two 1-bedroom units and one studio, all currently tenant occupied.
Where is this triplex located?
The property is located at 3246 Vicente ST San Francisco, CA.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: Triplex with two 1BR/1BA units and one studio unit; All units are currently tenant occupied; Year built: 1955
