NOT LISTED FOR SALE

1040 Ashbury St San Francisco, CA 94117

Buena Vista/Ashbury Heights Neighborhood
19 Beds
-- Bath
9,438 Sq Ft
7,849 Sq Ft Lot

Last Sold June 15, 2021

Last sale price $4,850,000 $514 Per Sq Ft

16 Days on Market

Highlights

  • Ocean View
  • 0.18 Acre Lot
  • Balcony
  • McKinley Elementary School Rated A
  • Midcentury Modern Architecture
  • Enclosed patio or porch

About This Home

As of June 2021

Property is perched on top of the hill in Ashbury Heights with incredible views from most units. This mid-century property was built in 1962 and has been modernized over the years with multiple unit renovations. The soft story retrofit has been completed and the roof appears to be in good condition. The units are large, two and three bedroom units, all of them with two bathrooms. The units have electric stoves and heating. Some units have hardwood floors, many with gas fireplaces. The property has newer windows which look out onto views of the bay. Parking is one for one with easy access for the tenants. There are storage units behind the parking area as well as on site laundry facilities. The building is wood frame construction over a concrete foundation with newer exterior paint. All of the units are currently occupied and the buildings has significant upside potential. The property is easy to manage with no common-area hallways and is very management efficient.

Last Agent to Sell the Property

Mark Bonn

Compass Commercial License #01008844 Listed on: 02/26/2021

Compass Commercial

Co-Listed By

Mirella Webb

Compass Commercial License #01409540

Last Buyer's Agent

Clinton Textor

Marcus & Millichap License #01318639

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 7,849

Property Views

  • Ocean
  • Golden Gate Bridge
  • Panoramic
  • City
  • Mountain
  • Mount Tamalpais

Home Design

  • Midcentury Modern Architecture
  • Concrete Foundation
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 9,438 Sq Ft Home
  • 3-Story Property
  • Storage

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 9 Parking Spaces
  • 9 Covered Spaces

Outdoor Features

  • Balcony
  • Enclosed patio or porch

Additional Features

  • 7,849 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 2629054

Community Details

Building Details

  • 9 Leased Units
  • 9 Units Leased Month-To-Month

Additional Features

  • 9 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Mid-Century
  • Property Condition: Varies By Unit
  • Stories: 3
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Number Of Rooms: 36
  • Interior Amenities: Storage Area(s)
  • Laundry Features: Coin Operated
  • Price Per Square Foot: 513.88
  • Square Footage: 9438.00

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Concrete
  • Patio And Porch Features: Balcony/Deck, Enclosed Patio, Varies By Unit
  • Roof: Bitumen
  • View: City, Golden Gate Bridge, Mountains, Mt Tamalpais, Ocean, Panoramic, Varies By Unit

Garage/Parking

  • Total Parking Spaces: 9.00
  • Covered Parking Spaces: 9.00
  • Independent Parking Spaces: 9

Utilities

  • Security Features: Carbon Mon Detector, Security Gate, Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 2629054
  • Lot Features: None
  • Lot Size Acres: 0.1802
  • Lot Size Sq Ft: 7849.00
  • Lot Size Units: SqFt
  • Price Per Acre: 26914539.40

Rental Info

  • Tenant Pays: Cable TV, Electricity
  • Number Of Units Month To Month: 9
  • Units Furnished: None

Building Info

  • Number of Units Total: 9

Multi Family

  • Gross Rent Multiplier: 15.07
  • Number Of2 Bedrooms Occupied: 8
  • Number of 2 Bedroom Units: 8
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • Number Of Units Leased: 9
  • Separate Meters: Electricity, Gas

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $4,850,000 0.0% $514 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $4,850,000 -- $514 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Bonn

    Seller's Agent in 2021

    Mark Bonn

    Compass Commercial

    (415) 614-4354

    3 in this area

    34 Total Sales

    Mark Bonn
    Section Image
  • Mirella Webb

    Seller Co-Listing Agent in 2021

    Mirella Webb

    Compass Commercial

    (415) 640-4133

    3 in this area

    40 Total Sales

    Mirella Webb
    Section Image
  • Clinton Textor

    Buyer's Agent in 2021

    Clinton Textor

    Marcus & Millichap

    (415) 963-3000

    1 in this area

    30 Total Sales

    Clinton Textor
    Section Image
  • Nick Bonn

    Buyer Co-Listing Agent in 2021

    Nick Bonn

    Coldwell Banker Commercial Rea

    1 in this area

    11 Total Sales

    Nick Bonn
    Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421523413

San Francisco Association of REALTORS® MLS

California San Francisco County San Francisco 94117 Buena Vista/Ashbury Heights

1040 Ashbury St, San Francisco, CA

This home is located at 1040 Ashbury St, San Francisco, CA 94117 since 26 February 2021. This property was built in 1962. 1040 Ashbury St is a home located in San Francisco County with nearby schools including McKinley Elementary School, Everett Middle School, and German International School of Silicon Valley - San Francisco Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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