NOT LISTED FOR SALE

1046 Pacific Ave San Francisco, CA 94133

Nob Hill Neighborhood

Estimated Value: $5,020,378

14 Beds
9 Baths
6,176 Sq Ft
$813/Sq Ft Est. Value

Last Sold August 18, 2015

Last sale price $4,100,000 $664 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $32,763/month

60 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to Mason And Pacific
  • Wood Flooring
  • Yick Wo Elementary School Rated A
  • Bay View
  • 3-minute walk to Woh Hei Yuen Park

About This Home

As of August 2015

HUGE Price Reduction - Motivated Seller! Nob Hill 9-unit, well maintained property with STUNNING panoramic VIEWS. Penthouse and back unit are VACANT and have SPECTACULAR views of the Bay Bridge and City. 1046-1050 Pacific Ave - 3 units, 2bed/1bath with Brazilian Walnut flooring and recess lighting. Kitchens have custom cabinets, granite counters and upgraded appliances. Bathrooms have custom limestone and sand-blasted tub and shower. All units on Pacific Ave have city views. Prewired phone, cable and internet, security entrance system, same floor semi-private laundry. 16 Salmon St. - Two units 2bed/1bath, two units 1bed/1bath, and Commercial and Guest Room unit both 1bed/1bath.

Last Agent to Sell the Property

Olga Milan-Howells

Sotheby's International Realty License #01294290 Listed on: 05/22/2015

Sotheby's International Realty

Last Buyer's Agent

Neal Ward

Compass License #01052285

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $64,908

Year Built

  • Built in 1908

Lot Details

  • 1,550

Property Views

  • Bay
  • Views of the Bay Bridge
  • Panoramic
  • City Lights

Home Design

  • Concrete Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 6,176 Sq Ft Home
  • 4-Story Property
  • Wood Flooring
  • Washer and Dryer

Home Security

  • Fire and Smoke Detector
  • Fire Suppression System

Utilities

  • Heating System Uses Gas
  • Separate Meters

Additional Features

  • Rooftop Deck
  • 1,550 Sq Ft Lot

Community Details

  • 9 Units
  • Coin Laundry
  • 3 Vacant Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0158013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$64,908

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Stories: 4
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Basement: Storage Area
  • Number Of Rooms: 22
  • Flooring: Wood
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned
  • Price Per Square Foot: 663.86
  • Square Footage: 6176.00

Exterior Features

  • Construction Materials: Frame, Wood
  • Foundation: Concrete
  • Patio And Porch Features: Roof Deck(s)
  • View: Bay, Bay Bridge, City Lights, Panoramic

Utilities

  • Heating: Gas
  • Security Features: Fire Suppression System, Smoke Detector, SECA

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: 0158013
  • Lot Size Acres: 0.0356
  • Lot Size Sq Ft: 1550.00
  • Lot Size Units: SqFt
  • Price Per Acre: 115168539.33
  • Zoning: RC-3

Rental Info

  • Lease Term: Lease/Month to Month Mix
  • Tenant Pays: Electricity, Gas

Building Info

  • Number of Units Total: 9

Multi Family

  • Number Of Units Vacant: 3
  • Gross Rent Multiplier: 14.67
  • Number of 1 Bedroom Units: 4
  • Number of 2 Bedroom Units: 5
  • Separate Meters: Electricity, Gas

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2018
Sold by
1046 Pacific Street Llc
Bought by
Sf Multifamily Iii Property Owner Llc
Current Estimated Value
$5,020,378

Purchase Details

Closed on
Mar 14, 2016
Sold by
1046 Pacific Properties Llc
Bought by
1046 Pacific Street Llc

Purchase Details

Listed on
May 22, 2015
Closed on
Aug 12, 2015
Sold by
Somaya Jitu and Somaya Susan
Bought by
1046 Pacific Properties Llc
Seller's Agent
Olga Milan-Howells
Sotheby's International Realty
Buyer's Agent
Neal Ward
Compass
List Price
$4,100,000
Sold Price
$4,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%

Purchase Details

Closed on
Mar 25, 2010
Sold by
1046-1050 Pacific Avenue Llc
Bought by
Somaya Jitu and Somaya Susan

Purchase Details

Closed on
Jul 29, 2008
Sold by
Somaya Jitu and Somaya Susan
Bought by
1046-1050 Pacific Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Interest Rate
6.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 22, 2006
Sold by
Ash Shirley
Bought by
Somaya Jitu and Somaya Susan

Purchase Details

Closed on
Mar 7, 2005
Sold by
Fong Leona T
Bought by
Fong Leona T

Purchase Details

Closed on
Jun 19, 2000
Sold by
Fong Florence M
Bought by
Fong Florence M and Ash Shirley

Purchase Details

Closed on
Mar 28, 1997
Sold by
Fong Mee Scien
Bought by
Fong Bernard D and Fong Gong

Purchase Details

Closed on
Oct 29, 1994
Sold by
Fong Mee Scien
Bought by
Fong Bernard Dea and Fong Gong
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Sf Multifamily Iii Property Owner Llc $4,950,000 None Available
1046 Pacific Street Llc $4,500,000 Old Republic Title
1046 Pacific Properties Llc $4,100,000 Old Republic Title Company
Somaya Jitu $1,000,000 None Available
1046-1050 Pacific Avenue Llc $3,700,000 Fidelity National Title Co
Somaya Jitu $1,468,000 Fidelity National Title Co
Fong Leona T -- --
Fong Florence M -- --
Fong Bernard D -- --
Fong Bernard Dea -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1046 Pacific Street Llc $0
Previous Owner 1046-1050 Pacific Avenue Llc $3,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2015 08/18/15 Sold $4,100,000 0.0% $664 / Sq Ft
07/21/2015 07/21/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $4,100,000 -- $664 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $64,908 $5,533,506 $3,865,271 $1,656,543
2024 $64,908 $5,420,639 $3,789,482 $1,624,062
2023 $63,840 $5,315,104 $3,715,179 $1,592,218
2022 $62,546 $5,203,332 $3,642,333 $1,560,999
2021 $62,061 $5,152,006 $3,604,986 $1,547,020
2020 $62,065 $5,052,406 $3,534,300 $1,518,106
2019 $60,081 $4,953,406 $3,465,000 $1,488,406
2018 $56,054 $4,685,206 $2,340,900 $2,344,306
2017 $55,107 $4,593,794 $2,295,000 $2,298,794
2016 $21,619 $1,733,747 $981,368 $752,379
2015 $21,338 $1,707,705 $966,627 $741,078
2014 $20,664 $1,674,255 $947,693 $726,562
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2015

    Olga Milan-Howells

    Sotheby's International Realty

    (415) 756-4455

    14 Total Sales

    Section Image
  • Neal Ward

    Buyer's Agent in 2015

    Neal Ward

    Compass

    (415) 660-9955

    2 in this area

    68 Total Sales

    Section Image
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 433236

San Francisco Association of REALTORS® MLS

APN: 0158-013

California San Francisco County San Francisco 94133 Nob Hill

1046 Pacific Ave, San Francisco, CA

This home is located at 1046 Pacific Ave, San Francisco, CA 94133 since 22 May 2015 and is currently estimated at $5,020,378, approximately $812 per square foot. This property was built in 1908. 1046 Pacific Ave is a home located in San Francisco County with nearby schools including Yick Wo Elementary School, Francisco Middle School, and Cathedral School for Boys.

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.
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