NOT LISTED FOR SALE
1 Bed
-- Bath
7,688 Sq Ft
1922 Built

Last Sold December 27, 2012

Last sale price $2,000,000 $260 Per Sq Ft

24 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to California And Larkin
  • Heating System Uses Steam
  • Marina Middle School Rated A-
  • 1 Car Garage

About This Home

As of December 2012

1062 Sutter Street was constructed in 1922 on a concretefoundation and a 2,404-square foot lot. The building has onegaraged parking space on the ground floor along with all of the utility meters and the boiler system. The property is separately metered for gas and electricity and the units have steam heat. The floors in the units are hardwood in the living areas and linoleum or tile in the kitchens and bathrooms. The units feature showers over bathtubs and galley kitchens which are perfect for one or two occupants. The units are bright and airy with ample closet space and plenty of character. The property has been in the same family for over 30 years. The property offers an investor the opportunity to capitalize on 100% upside in the rent

Last Agent to Sell the Property

Clinton Textor

Marcus & Millichap License #DRE #01318639 Listed on: 10/30/2012

Co-Listed By

Michael Pollard

Marcus & Millichap License #01903872

Last Buyer's Agent

Michael Pollard

Marcus & Millichap License #01903872

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Home Design

  • Composition Roof

Interior Spaces

  • 7,688 Sq Ft Home
  • 4-Story Property
  • Wood Flooring
  • Unfinished Basement

Parking

  • 1 Car Garage
  • 1 Open Parking Space

Utilities

  • Heating System Uses Steam
  • Separate Meters

Community Details

  • 15 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 0279010

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Stories: 4
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Flooring: Wood
  • Price Per Square Foot: 260.15
  • Square Footage: 7688.00

Exterior Features

  • Construction Materials: Concrete
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 1.00
  • Independent Parking Spaces: 1
  • Tandem Parking Spaces: 1

Utilities

  • Heating: Steam

Lot Info

  • Assessor Parcel Number: 0279010
  • Zoning: Rc4

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Electricity, Gas

Building Info

  • Number of Units Total: 15

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 13.60
  • 1 Bedroom Rent Range: 260
  • Number of Studio Units: 14
  • Separate Meters: Electricity, Gas
  • Studio Rent Range: 413-1650

MLS Schools

  • School District County: San Francisco

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft
12/27/2012 12/27/12 Sold $2,000,000 0.0% $260 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $2,000,000 -- $260 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 402588

San Francisco Association of REALTORS®