San Francisco
An estate includes a two-to-four-unit property
When the estate owns a duplex, triplex, or fourplex and value depends on both residential market appeal and income-producing utility.
Small residential income properties differ from single-family homes because unit mix, rents, expenses, occupancy, and condition may influence buyer decisions.
San Francisco estates frequently involve long-held homes, condominiums, two-to-four-unit buildings, tenant-occupied property, altered living areas, and properties with highly specific neighborhood appeal.
The appraiser may need leases, rent information, utility arrangements, and access to each unit to develop an appropriate residential income-property analysis.