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Three-Level Duplex Requiring Rehabilitation
For Sale
$1,495,000
Pending

922 Vallejo ST, San Francisco, CA 94133

Vacant two-unit building offering a substantial renovation project in a San Francisco location spanning Russian Hill and North Beach.

Property Size3,660 SF
Lot Size0.06 Acres
Days on Market60

Property Features for 922 Vallejo ST

General Information

Standard status Pending
Size 3,660 SF
Lot size 0.06 Acres
Property subtype Duplex

Property Condition

Severity Major Repairs Needed
Evidence requires significant rehabilitation

Additional Details

Multifamily Units 2

Building Details

Building Size 3,660 SF
Year Built 1906
Buildings 1
Stories 3
Listing Agency: QPW Management Corp.
Listed By: Edward Tung · License #01779750
Source: Mpireluxe
Added: Aug 16 Changed: Oct 10 Last Checked: Oct 13 at 2:15AM

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 QPW Management Corp.

Investment Insights

Based on property information with market context.

Constructed in 1906, this duplex contains approximately 3,660 square feet across three levels on a 2,687-square-foot lot. The two residences are currently vacant, and the building requires significant rehabilitation, allowing a future owner to undertake a comprehensive redesign or restoration.

The property is situated on Vallejo Street in the area where Russian Hill meets North Beach, along a tree-lined block. The sale includes a two-unit configuration with no evictions or Ellis Act history stated, providing a clear starting point for an owner, contractor, or development team planning substantial improvements.

Key Highlights

  • Approximately 3,660 SF across three levels
  • Two‑unit duplex built in 1906
  • Situated on a 2,687 sq. ft. lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$130,075
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,601,500 $2.6M
Cap Rate 7%
$1,858,214 $1.9M
Cap Rate 9%
$1,445,278 $1.4M
Market Conditions
NOI Build-Up for 3,660 SF
Gross rent
$197.6K $54.00/SF
− Vacancy
−$11.8K −$3.23/SF
EGI
$185.8K $50.77/SF
− OpEx
−$55.7K −$15.23/SF
NOI
$130.1K $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%
$2,601,500
Cap Rate 7%
$1,858,214
Cap Rate 9%
$1,445,278

Alternative Uses

Best Use
Multifamily LT 5
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,075 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$1.70M
$1.49M – $1.98M (±1% cap)
NOI $118,829 @ 7.0% cap · market cap 7.95%
Theoretical Best
Specialty Retail
$17.88M
$15.64M – $20.86M (±1% cap)
NOI $1,251,432 @ 7.0% cap · market cap 83.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Buffet Adult Day Care Clothing & Fashion Store Butcher Nursing Home Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

17,261
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant two-unit building offering a substantial renovation project in a San Francisco location spanning Russian Hill and North Beach.
Where is this duplex located?
The property is located at 922 Vallejo ST San Francisco, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Approximately 3,660 SF across three levels; Two‑unit duplex built in 1906; Situated on a 2,687 sq. ft. lot
More about this property
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