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Two-Structure Multifamily Property
New
For Sale
$1,495,000

337 15th Avenue, San Francisco, CA 94118

A Victorian residence and separate rear in-law structure provide distinct living spaces on a corner parcel.

Property Size2,625 SF
Lot Size0.06 Acres
Price / SF$569.52
Days on Market5

Property Features for 337 15th Avenue

General Information

Standard status Active
Size 2,625 SF
Lot size 0.06 Acres
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence ready for some TLC

Site & Location

Neighborhood Richmond District

Additional Details

Multifamily Units 2

Building Details

Year Built 1895
Buildings 2
Construction Victorian
Listing Agency: Helm Real Estate
Listed By: Readdress
Source: Readdress
Added: Oct 24 Changed: Oct 27 Last Checked: Oct 26 at 2:57PM

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 Helm Real Estate

Rey
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Investment Insights

Based on property information with market context.

This multifamily property occupies a 2,625-square-foot corner lot and includes two separate structures. The front residence is a Victorian home with a living room, eat-in kitchen, sunroom, high ceilings, and wood floors. A single-story rear in-law structure has its own layout and direct yard access. The property is described as needing work, and it has southern exposure.

The property is at 337 15th Avenue, with the rear structure at 10 Tacoma Street. Clement Street’s restaurants, coffee shops, and neighborhood markets are nearby, as are Golden Gate Park and the Presidio.

Key Highlights

  • Two separate structures: a Victorian front residence and single‑story rear in‑law
  • 2,625‑square‑foot corner lot with southern exposure
  • Front residence includes a living room, eat‑in kitchen, sunroom, high ceilings, and wood floors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$85,226
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,704,520 $1.7M
Cap Rate 7%
$1,217,514 $1.2M
Cap Rate 9%
$946,956 $947.0K
Market Conditions
NOI Build-Up for 2,625 SF
Gross rent
$165.4K $63.00/SF
− Vacancy
−$10.4K −$3.97/SF
EGI
$155.0K $59.03/SF
− OpEx
−$69.7K −$26.56/SF
NOI
$85.2K $32.47/SF
Area
San Francisco, CA
Vacancy
6.30%
Lease Rate
$63.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,704,520
Cap Rate 7%
$1,217,514
Cap Rate 9%
$946,956

Alternative Uses

Best Use
Apartment 5plus
$1.22M
$1.07M – $1.42M (±1% cap)
NOI $85,226 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$12.82M
$11.22M – $14.96M (±1% cap)
NOI $897,543 @ 7.0% cap · market cap 60.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,914
Businesses Nearby

Demographics for 94118, CA

42,356
Population
19,052
Households
2.2
Avg Household Size
37
Median Age
72%
College-Educated
94%
High-School Grad
2.0 sq mi
ZIP Area
21,178
Density / Sq Mi
$159,550
Median Household Income
$92,946
Median Earnings
$2,695
Median Rent
$1,817,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A Victorian residence and separate rear in-law structure provide distinct living spaces on a corner parcel.
Where is this multifamily property located?
The property is located at 337 15th Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Two separate structures: a Victorian front residence and single‑story rear in‑law; 2,625‑square‑foot corner lot with southern exposure; Front residence includes a living room, eat‑in kitchen, sunroom, high ceilings, and wood floors
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