Property Overview:
39-43 Genoa Pl is a duplex in San Francisco, CA, built in 1906 and remodeled in 1988-1989. It features three units with a total of 2,300 sq. ft. of living space and three bathrooms. The property includes a parking garage and is valued at approximately $2,892,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 16.6% (higher than state average of 11.8%).
- Property crime risk: 6.8% (lower than state average of 10.8%).
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Schools:
Nearby schools include Garfield Elementary, Francisco Middle, and Galileo High.- Average SAT score: 874 (below state average of 975).
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Job Market:
- 57.3% white-collar jobs, 42.8% blue-collar jobs.
- Unemployment rate: 3.7% (lower than state average of 4.7%).
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Demographics:
- Community population: 29,350 (4% growth since 2000).
- 44% families with children.
- Largest age group: 25-34 years (20.17%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 47.2°F (January), 66.4°F (July).
- Average rainfall: 22.5 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $67,400.
- Average annual spending: $51,712.
Property Features:
- Three-unit triplex in the Telegraph Hill neighborhood.
- Upper Unit:
- Two-level, 2-bedroom, 2-bath unit with a private deck offering views of the Financial District, North Beach, and Golden Gate Bridge.
- Middle Unit:
- 1-bedroom, 1-bath unit with period details for a cozy living experience.
- Lower Unit:
- 2-bedroom, 2-bath unit with spacious and flexible design.
- Amenities:
- Fireplaces, dishwashers, and washer/dryer hookups in all units.
- Upgraded electrical systems, sprinklers on all floors, and hardwired smoke detectors for safety.
- Individual heat, water heaters, and PGE meters for each unit.
Investment Potential:
- Ideal for TIC converters, owner-users, or as an investment property.
- Strong financials with 12.5 GRM and a 5.78% cap rate.