Three-Unit Residential
New
For Sale
$1,249,000
52-56 Varennes Street, San Francisco, CA 94133
The vacant flat has two bedrooms and one full bathroom.
Property Size3,003 SF
Days on Market6
Property Features for 52-56 Varennes Street
General Information
Standard status
Active
Size
3,003 SF
Property subtype
Triplex
Additional Details
Public Transit
Yes
Multifamily Units
3
Amenities
basement storage
Building Details
Building Size
3,003 SF
Year Built
1906
Listing Agency:
City Real Estate
Listed By:
Bradley Joe
(415) 269-8190
Source:
Elevationrealestate
Added: Oct 9
Changed: Oct 14
Last Checked: Oct 13 at 2:29AM
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 City Real Estate
Investment Insights
Based on property information with market context.
This 3,003-square-foot triplex was built in 1906 and includes a vacant two-bedroom, one-bathroom flat. Basement storage adds functional space, while property updates include a newer roof, updated furnaces, and an electrical panel.
The property is on Varennes Street in San Francisco, between Telegraph Hill and North Beach. Nearby destinations named include Filbert Steps, Coit Tower, Washington Square Park, Columbus Avenue, and the Embarcadero waterfront. The listing reports a Walk Score of 100 and a Rider's Score of 94.
The property is on Varennes Street in San Francisco, between Telegraph Hill and North Beach. Nearby destinations named include Filbert Steps, Coit Tower, Washington Square Park, Columbus Avenue, and the Embarcadero waterfront. The listing reports a Walk Score of 100 and a Rider's Score of 94.
Key Highlights
- Three‑unit residential property with 3,003 square feet
- Vacant flat with two bedrooms and one full bathroom
- Basement storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,725
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,134,500
$2.1M
Cap Rate 7%
$1,524,643
$1.5M
Cap Rate 9%
$1,185,833
$1.2M
Market Conditions
NOI Build-Up for 3,003 SF
Gross rent
$162.2K $54.00/SF
− Vacancy
−$9.7K −$3.23/SF
EGI
$152.5K $50.77/SF
− OpEx
−$45.7K −$15.23/SF
NOI
$106.7K $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%
$2,134,500
Cap Rate 7%
$1,524,643
Cap Rate 9%
$1,185,833
Alternative Uses
Best Use
Multifamily LT 5
$1.52M
$1.33M – $1.78M
NOI $106,725 @ 7.0% cap · market cap 8.54%
Second Best
Apartment 5plus
$1.39M
$1.22M – $1.62M
NOI $97,499 @ 7.0% cap · market cap 7.81%
Theoretical Best
Specialty Retail
$14.67M
$12.83M – $17.11M
NOI $1,026,790 @ 7.0% cap · market cap 82.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
14,264
Businesses Nearby
Explore this area
Business Placement
Demographics for 94133, CA
26,751
Population
15,733
Households
1.7
Avg Household Size
41
Median Age
55%
College-Educated
80%
High-School Grad
0.7 sq mi
ZIP Area
38,216
Density / Sq Mi
$83,025
Median Household Income
$78,478
Median Earnings
$1,985
Median Rent
$1,519,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - The vacant flat has two bedrooms and one full bathroom.
Where is this triplex located?
The property is located at 52-56 Varennes Street San Francisco, CA.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Three‑unit residential property with 3,003 square feet; Vacant flat with two bedrooms and one full bathroom; Basement storage
