2-Unit Multifamily
3444 Jennings Street, San Francisco, CA 94124
For Sale
$999,000
Two-bedroom residences share a yard, with different kitchen and laundry features across the units.
Property Size2,046 SF
Price / SF$488.27
Days on Market69
Property Features for 3444 Jennings Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
in-unit washer/dryer
shared yard
Building Details
Building Size
Year Built
Listing Agency:
Coldwell Banker Commercial Realty
Listed By:
Dimitris Drolapas
Source:
Makrasrealestate
Added: Sep 2
Changed: Nov 9
Last Checked: Nov 9 at 8:13PM
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 Commercial Realty
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Investment Insights
Based on property information with market context.
This 2,046-square-foot multifamily property, built in 1912, contains two residences, each with two bedrooms and one bathroom. Both units feature high ceilings and natural light. One has an updated kitchen and an in-unit washer and dryer; the second has a different interior finish. Residents also have access to a shared yard.
The property is near access points for US-101, the T-Third Line and Caltrain. These connections provide transit service to the Chase Center, Downtown San Francisco and the Peninsula.
The property is near access points for US-101, the T-Third Line and Caltrain. These connections provide transit service to the Chase Center, Downtown San Francisco and the Peninsula.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 2,046 square feet; built in 1912
- High ceilings and natural light in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,714
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,454,280
$1.5M
Cap Rate 7%
$1,038,771
$1.0M
Cap Rate 9%
$807,933
$807.9K
Market Conditions
NOI Build-Up for 2,046 SF
Gross rent
$110.5K $54.00/SF
− Vacancy
−$6.6K −$3.23/SF
EGI
$103.9K $50.77/SF
− OpEx
−$31.2K −$15.23/SF
NOI
$72.7K $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%
$1,454,280
Cap Rate 7%
$1,038,771
Cap Rate 9%
$807,933
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$908.9K – $1.21M
NOI $72,714 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$949.0K
$830.4K – $1.11M
NOI $66,428 @ 7.0% cap · market cap 6.65%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,505
Businesses Nearby
Explore this area
Business Placement
Demographics for 94124, CA
39,445
Population
11,780
Households
3.3
Avg Household Size
37
Median Age
27%
College-Educated
75%
High-School Grad
4.8 sq mi
ZIP Area
8,218
Density / Sq Mi
$82,928
Median Household Income
$42,683
Median Earnings
$1,368
Median Rent
$1,043,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in San Francisco, CA
Properties on Market for Multifamily properties in San Francisco
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two-bedroom residences share a yard, with different kitchen and laundry features across the units.
Where is this multifamily property located?
The property is located at 3444 Jennings Street San Francisco, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 2,046 square feet; built in 1912; High ceilings and natural light in both residences
