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    Mid-Century Fourplex Title is generated by Realmo AI

    41 Terra Vista Avenue, San Francisco, CA 94115

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    For Sale
    $2,650,000

    Vacant four-unit building with separate forced-air furnaces and oversized tandem parking stalls.

    Type:Quadruplex
    Property size:
    5,298 SF
    Price / SF:
    $500/SF
    Added:
    Jun 4, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 11 at 2:23 am

    Property Features for 41 Terra Vista Avenue

    General Information

    Standard status
    Active
    Size
    5,298 SF
    Property subtype
    Quadruplex

    Building Details

    Year Built
    1959

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    Listing Contact
    Adam D Filly

    Listing agent Adam D Filly

    Listing office Compass Commercial

    Listing date Jun 4, 2026

    Source Cityrealestatesf

    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 Commercial

    HighLights

    • Four‑unit mid‑century building built in 1959, delivered fully vacant at close of escrow
    • Unit mix: two 2BD/2BA units and two 2BD/1BA units
    • Each unit has a separate forced‑air furnace; shared laundry room located at the garage level
    • Garage level offers four oversized parking stalls for tandem parking (up to 8 cars total)
    • Two 2BD/2BA units include primary suites with walk‑in closets, formal dining rooms, and wood burning fireplaces
    • Two 2BD/1BA units feature generously sized rooms and abundant natural light

    Overview

    41 Terra Vista is a four-unit mid-century residential income building with a mix of two-bedroom units. The property includes two larger 2BD/2BA residences and two 2BD/1BA residences. The larger layouts feature primary suites with walk-in closets, formal dining rooms, and expansive living rooms with wood-burning fireplaces. The 2BD/1BA units offer functional floor plans, abundant natural light, and generously sized rooms throughout. At the garage level, there are four oversized parking stalls, each accommodating two cars in tandem, for a total of eight car spaces. The property also has a shared laundry room and separate forced-air furnaces for each unit.

    Delivered fully vacant at the close of escrow, the building is located in Anza Vista in central San Francisco. It is described as being just moments from restaurants and retail along the Divisadero corridor, Kaiser Permanente Medical Center, and the shopping and conveniences of the Geary and Masonic area.

    With all units vacant, the building offers flexibility for an owner-user or investor looking to update interiors to their own preference. Its long-term care by the same family for more than 40 years, along with the thoughtful unit and parking configuration, supports a straightforward repositioning approach while keeping the current overall building structure in place.

    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 $286.1k $54.00
    − Vacancy −$17.1k −$3.23
    EGI $269.0k $50.77
    − OpEx −$80.7k −$15.23
    NOI $188.3k $35.54
    5,298 SF · lease $54.00/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $2.69M
    $2.35M – $3.14M (±1% cap)
    NOI $188,289 @ 7.0% cap · market cap 7.11%
    Second Best
    Apartment 5plus
    $2.46M
    $2.15M – $2.87M (±1% cap)
    NOI $172,010 @ 7.0% cap · market cap 6.49%
    Theoretical Best
    Specialty Retail
    $25.88M
    $22.64M – $30.19M (±1% cap)
    NOI $1,811,499 @ 7.0% cap · market cap 68.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.4423382
    Latitude
    37.781356

    FAQs

    What type of property is this?
    Quadplex - Vacant four-unit building with separate forced-air furnaces and oversized tandem parking stalls.
    Where is this quadplex located?
    The property is located at 41 Terra Vista Avenue San Francisco, CA.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: Four‑unit mid‑century building built in 1959, delivered fully vacant at close of escrow; Unit mix: two 2BD/2BA units and two 2BD/1BA units; Each unit has a separate forced‑air furnace; shared laundry room located at the garage level
    More about this property
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