438-440 Lily Street San Francisco, CA 94102
Duplex with a 1BD and a 2BD unit, both with period character and established long-term tenants.
Property Features for 438-440 Lily Street
General Information
- Standard status
- Active
- Size
- 1,560 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1900
Listing office Urban Group Real Estate Inc (415) 863-1775
Listing date Jun 5, 2026
Source Crexi
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 Urban Group Real Estate Inc
Investment Insights
Based on property information with market context.
The property is located on a quiet, tree-lined street in the Lower Haight neighborhood. Public transportation, dining, and retail are noted nearby, along with access to major employment centers and Hayes Valley.
For buyers seeking an owner-occupied or investment-ready income property, the current tenancy status is a practical factor, with both units reported as protected long term. Leases are noted as being with the SF Mayor's Office, and the current rents are described as below market. Disclosures are coming soon, and interested parties are instructed to send an email only to receive materials.
Key Highlights
- Duplex built in 1900 with one 1BD/1BA unit and one 2BD/1BA unit
- Approx. 1,560 SF total with spacious layouts, high ceilings, and classic period details
- Fully occupied with long‑term, protected tenants
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 | $84.2k | $54.00 |
| − Vacancy | −$5.0k | −$3.23 |
| EGI | $79.2k | $50.77 |
| − OpEx | −$23.8k | −$15.23 |
| NOI | $55.4k | $35.54 |
