# 31 Valencia Ave · The Rent Hacker > Underwriting record for 31 Valencia Ave (North Bay): the published verdict at The Rent Hacker's defaults, plus a calculator that reruns it at your numbers. Canonical: https://therenthacker.com/property/rh-uv7zr7/31-valencia-ave/ Source: The Rent Hacker (https://therenthacker.com/). License: RSL, attribution required — https://therenthacker.com/license.xml --- Rejected # 31 Valencia Ave This one never reached the math. What stopped it is below. 94901 · North Bay Underwritten as of 2026-09-28 · record v10 We have no verdict for this one at our defaults. [Run your own numbers on any building →](/calculator/) Your numbers are not available on this record yet. ## Why we rejected it - fewest-units 2-unit split of 6 beds lands both dwellings in this ZIP's unpriced 3BR-in-plex rent row (our rent research our cap rules, no comp/band exists); our strategy notes's own reclassification rule prefers dropping the property rather than extrapolating a number for every 3BR unit in the ZIP Rejected at the first-pass screen. [Open these numbers in the calculator →](/calculator/#i=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) Every slider starts at this page's inputs; change any of them and the verdict re-runs at yours. Unit count: unverified No source we checked states how many rentable units this building has, and the record carries no modeled count. ## What we could not verify - Asking price: we don't have one. - The verdict: we never had enough on this property to run the numbers, so there is nothing here to set against the S&P, and nothing to re-run with your own figures. Members on a paid plan can request verification. ## Want this for an address you pick? Every week we underwrite this metro’s 2-4 unit listings against the S&P and publish the [whole board](/board/), with the reason on every one we rejected. [Or look up a specific San Francisco address](/lookup/) ## Want this analysis for another address? Any San Francisco address, underwritten the same way — cautious rents, the registry, the S&P line. [Underwrite an address →](/lookup/) A full report like this one, for an address you pick: Underwrite an address — $79, delivered within one business day. Record v10 Next ## This is one row of the North Bay board. The run of September 28, 2026 put every two-to-four-unit listing in North Bay through the same comparison. The rest of the board, losers and rejections included, is one page. [See the North Bay board](/board/sf-north-bay/) [Underwrite one address for $79](/lookup/#underwrite) [Take the pass, $49/mo](/checkout/?tier=pass&r=nb)