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Victorian Triplex with Top-Floor Deck

3825-3829 24th Street, San Francisco, CA 94114

For Sale
$2,100,000

Three full-floor residences each contain three bedrooms and one bathroom.

Property Size3,382 SF
Price / SF$620.93
Days on Market127

Property Features for 3825-3829 24th Street

General Information

Standard status Active
Size 3,382 SF
Property subtype Residential Income

Site & Location

Neighborhood Noe Valley

Units

Unit Mix 3 x 3BD/1BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Amenities

hardwood floors
bay windows
top-floor deck
backyard

Building Details

Building Size 3,382 SF
Year Built 1907
Units 3
Construction Victorian
Listing Agency: Sotheby's International Realty
Listed By: Anne Laury
Source: Ayalarealty
Added: Jul 6 Changed: Nov 8 Last Checked: Nov 9 at 3:27PM

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 Sotheby's International Realty

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Investment Insights

Based on property information with market context.

Built in 1907, this Victorian-style triplex contains 3,382 square feet across three full-floor flats. Each residence has three bedrooms and one bathroom, with hardwood flooring and bay windows. The property also includes a deck on the upper floor and a backyard.

Located in San Francisco’s Noe Valley, the building has two tenant-occupied flats and one owner-occupied flat.

Key Highlights

  • 3,382‑square‑foot triplex built in 1907
  • Three full‑floor flats, each with 3 bedrooms and 1 bathroom
  • Hardwood floors and bay windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$120,195
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,403,900 $2.4M
Cap Rate 7%
$1,717,071 $1.7M
Cap Rate 9%
$1,335,500 $1.3M
Market Conditions
NOI Build-Up for 3,382 SF
Gross rent
$182.6K $54.00/SF
− Vacancy
−$10.9K −$3.23/SF
EGI
$171.7K $50.77/SF
− OpEx
−$51.5K −$15.23/SF
NOI
$120.2K $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%
$2,403,900
Cap Rate 7%
$1,717,071
Cap Rate 9%
$1,335,500

Alternative Uses

Best Use
Multifamily LT 5
$1.72M
$1.50M – $2.00M (±1% cap)
NOI $120,195 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,804 @ 7.0% cap · market cap 5.23%
Theoretical Best
—
—
same as Best Use
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

5,289
Businesses Nearby

Demographics for 94114, CA

33,683
Population
18,686
Households
1.8
Avg Household Size
40
Median Age
79%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
24,059
Density / Sq Mi
$196,528
Median Household Income
$117,677
Median Earnings
$2,898
Median Rent
$1,771,700
Median Home Value

Market

Average Price Trend$/SF for Triplexes in San Francisco, CA

$664 Jul
$662 Aug
$645 Sep
$692 Oct

Properties on Market for Triplexes in San Francisco

Jul
Aug
Sep
Oct

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?
Triplex - Three full-floor residences each contain three bedrooms and one bathroom.
Where is this triplex located?
The property is located at 3825-3829 24th Street San Francisco, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 3,382‑square‑foot triplex built in 1907; Three full‑floor flats, each with 3 bedrooms and 1 bathroom; Hardwood floors and bay windows
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