NOT LISTED FOR SALE

Estimated Value: $1,295,000 - $2,145,000

11 Beds
3 Baths
4,175 Sq Ft
$445/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $2,232,000 $535 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $12,470/month

38 Days on Market

Highlights

  • Edwardian Architecture
  • Wood Flooring
  • Security Gate
  • Presidio Middle School Rated A-
  • Bay Window

About This Home

As of April 2022

$300K Price Drop. Offers reviewed Friday 3/18 at noon. Do you enjoy an active lifestyle? So do your lucky tenants, who are steps from all the coolest spots in SF. Enjoy passive income with a 4.4% cap rate from sophisticated investment along the super trendy and ever expanding Divisadero corridor. Classic Edwardian 6 room flats with high ceilings, wood floors, big windows, renovated kitchens and baths. These numbers look great on paper and the flats look great in real life. Own a piece of San Francisco history that is just as currant now as ever. Kind, friendly tenants make property management a pleasure. Clean building history with no evictions, no buyouts. Owner can move in or earn purely investment income. Top to be delivered vacant. 7.7% Projected Cap.

Last Agent to Sell the Property

Daria Saraf

Sotheby's International Realty License #01827245 Listed on: 02/08/2022

Sotheby's International Realty

Last Buyer's Agent

Elizabeth Baker

eXp Realty of California, Inc License #02090264

eXp Realty of California, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,209

Year Built

  • Built in 1906 | Remodeled

Lot Details

  • 1,681 Sq Ft Lot

Home Design

  • Triplex
  • Edwardian Architecture

Interior Spaces

  • 4,175 Sq Ft Home
  • Bay Window
  • Security Gate
  • Laundry in unit

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 1154-017A

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,209

Year Built

Built in 1906 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Flats
  • Architectural Style: Edwardian
  • Property Condition: Updated/Remodeled
  • Year Built: 1906
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Storage Area
  • Number Of Rooms: 17
  • Appliances: Dishwasher, Free Standing Gas Range, Free Standing Refrigerator
  • Flooring: Tile, Wood
  • Laundry Features: In Each Unit
  • Price Per Square Foot: 534.61
  • Square Footage: 4175.00
  • Window Features: Bay Window(s)

Utilities

  • Security Features: Security Gate

Fee Information

  • Utilities Expenses: 6307

Lot Info

  • Assessor Parcel Number: 1154-017A
  • Lot Features: None
  • Lot Size Acres: 0.0386
  • Lot Size Sq Ft: 1681.00
  • Lot Size Units: SqFt
  • Price Per Acre: 57823834.20
  • Special Zones: None

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Number Of Units Month To Month: 3
  • Units Furnished: None

Building Info

  • Number of Units Total: 3

Multi Family

  • Gross Rent Multiplier: 16.65
  • Three Bedroom Annual Occupancy: 100
  • Four Bedroom Annual Occupancy: 100
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • Number Of4 Bedrooms Occupied: 2
  • Number Of4 Bedroom Units: 2
  • Number Of Units Leased: 3
  • Total Number Leasable: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Kae Gwang Ja
Bought by
Gwang Ja Kae Revocable Trust and Kae
Current Estimated Value
$1,857,162

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 15, 2022
Sold by
Divi2 Property Llc
Bought by
Moreno Santiago Carral and Cusi Maria Pia
Seller's Agent
Daria Saraf
Sotheby's International Realty
Buyer's Agent
Elizabeth Baker
eXp Realty of California, Inc
List Price
$2,495,000
Sold Price
$2,232,000
Premium/Discount to List
-$263,000
-10.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.40%

Purchase Details

Closed on
Nov 20, 2012
Sold by
Cusi Maria Pia Lozano and Moreno Santiago Carral
Bought by
Divi2 Property Llc

Purchase Details

Closed on
Oct 11, 2011
Sold by
Grinsell Lake Llc
Bought by
Cusi Maria Pia Lozano and Moreno Santiago Carral

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2011
Sold by
Allievi Maria Pia Cusi
Bought by
Molina Tomas Lozano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2008
Sold by
Grinsell Raymond Alfred and Grinsell Gale Lea
Bought by
Grinsell Lake Llc

Purchase Details

Closed on
May 12, 2005
Sold by
Grinsell Raymond A and Grinsell Gale L
Bought by
Grinsell Raymond Alfred and Grinsell Gale Lea

Purchase Details

Closed on
Jun 4, 1999
Sold by
Grinsell Raymond A and Grinsell Gale L
Bought by
Grinsell Raymond Alfred and Grinsell Gale Lea

Purchase Details

Closed on
Nov 25, 1997
Sold by
Gladys Hamilton Rev Of 1990
Bought by
Grinsell Raymond A and Grinsell Gale L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.23%
Mortgage Type
Commercial
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
Gwang Ja Kae Revocable Trust -- None Listed On Document
Moreno Santiago Carral -- First American Title
Divi2 Property Llc -- None Available
Cusi Maria Pia Lozano $917,000 Old Republic Title Company
Molina Tomas Lozano -- Old Republic Title Company
Allevi Maria Pia Cusi -- Old Republic Title Company
Grinsell Lake Llc -- Accommodation
Grinsell Raymond Alfred -- Old Republic Title Company
Grinsell Raymond Alfred -- --
Grinsell Raymond A $350,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Divi2 Property Llc $1,400,000
Previous Owner Divi2 Property Llc $750,000
Previous Owner Cusi Maria Pia Lozano $596,000
Previous Owner Grinsell Raymond A $35,000
Previous Owner Grinsell Raymond A $280,000
Closed Grinsell Raymond A $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $2,232,000 +1.7% $535 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/11/2022 03/11/22 Price Changed $2,195,000 -12.0% $526 / Sq Ft
02/08/2022 02/08/22 For Sale $2,495,000 -- $598 / 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 $28,209 $2,368,834 $1,658,030 $710,582
2024 $28,209 $2,322,454 $1,625,520 $696,650
2023 $27,702 $2,276,981 $1,593,648 $682,992
2022 $13,645 $1,085,724 $759,756 $325,606
2021 $13,406 $1,064,598 $744,859 $319,739
2020 $13,621 $1,053,603 $737,222 $316,381
2019 $13,164 $1,032,953 $722,767 $310,186
2018 $12,715 $1,012,709 $708,596 $304,113
2017 $12,270 $992,861 $694,702 $298,159
2016 $12,054 $973,403 $681,081 $292,322
2015 $11,899 $958,789 $670,851 $287,938
2014 $11,589 $940,017 $657,710 $282,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 422627327

San Francisco Association of REALTORS® MLS

APN: 1154-017A