Real Estate Investing in San Francisco, California (94124)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 94124 (San Francisco, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -1.3% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in San Francisco, CA (94124)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 94124 San Francisco
Not every below-median market is a bargain. San Francisco's 94124 ZIP registers signals that favor experienced operators who can absorb the risk $931K pricing implies.
The investment case in 94124 is durable only for operators who understand what they are buying. A $931K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 94124 among CA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 94124 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 94124 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in San Francisco:
Property Strategy for 94124
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $506,134 | $2,510 | 3.6% | -4.5% | $506,134 |
| 2BR | $773,693 | $2,990 | 2.8% | -2.9% | $386,846 |
| 3BR | $912,810 | $3,730 | 2.9% | -1.3% | $304,270 |
| 4BR | $1,029,716 | $3,960 | 2.8% | -1.5% | $257,429 |
| 5BR | $1,103,130 | — | — | -2.7% | $220,626 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 94124 Compare?
| Metric | 94124 | San Francisco | San Francisco-Oakland-Berkeley, CA | California |
|---|---|---|---|---|
| Home Value | $930,768 | $693,502 | N/A | $761,003 |
| 5-Year CAGR | N/A | N/A | N/A | 5.7% |
| Avg Rent | $4,013 | $4,437 | N/A | - |
| Cap Rate | 3.4% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 94124 (San Francisco, CA). Anonymous, moderated, never written by AI.
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Property managers serving San Francisco County
Manage rentals here? List your business →2B Living offers reimagined property management services, including residential management, property onboarding, accounting, and reporting, for properties around the Bay Area. summary from their website
Azari Property Management provides one-stop real estate service as a property management company since 2006. summary from their website
Boardwalk Investments Property Management specializes in property management and leasing in San Francisco and the Northern Peninsula. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $930,768 |
| Monthly Rent | $4,013 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 2.1% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | -1.3% ▼ |
| 10-Year CAGR | +2.1% ▲ |
🏠 Rent Trends
| 1-Year | +14.4% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 94124
Population: 36,226
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 94124
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Visitacion Valley Middle
King (Thomas Starr) Elementary
King Jr. (Martin Luther) Academic Middle
O'Connell (John) High
Revere (Paul) Elementary
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 9,723 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does San Francisco, CA stack up for property investment?
Yes - San Francisco, CA a 2.0/5 investability score. With $931K home prices against $4,013/mo monthly rent, the market delivers a reasonable entry point for new investors.
How do experienced investors play San Francisco, CA?
The best-fit strategy in San Francisco, CA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is CA a landlord-friendly state?
Landlord-friendliness in San Francisco, CA is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Does house hacking work in San Francisco, CA?
House hacking in San Francisco, CA is reasonable to execute. Prices around $931K and rents of $4,013/mo solid owner-occupant economics.
How quickly do rentals get leased in San Francisco, CA?
Vacancy risk in San Francisco, CA is elevated. That supports reliable cash flow for typical rental holds.
You know 94124 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 94124 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 94124 ranks in San Francisco-Oakland-Berkeley, CA
Every ZIP in this metro, ranked. Free.
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