NOT LISTED FOR SALE
5 Beds
-- Baths
3,882 Sq Ft
5,000 Sq Ft Lot

Sale Details

Date Sold: June 12, 2023

Last sale price $2,100,000 $541 Per Sq Ft

262 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • 5 Car Detached Garage
  • Side by Side Parking
  • Clarendon Alternative Elementary School Rated A
  • Double Pane Windows
  • 4-minute walk to Portola Open Space

About This Home

As of June 2023

Major improvements have been made to update the building with new exterior paint and a seismic retrofit. Located in Twin Peaks this 5 unit building offers breathtaking downtown views from the top unit. Each unit has an open floor plan with a spacious living room, dining room and kitchen. Off the hallway is a large one bedroom and full size bathroom. The units all have tranquil outdoor outlooks and are flooded with natural light. They include one car side by side parking, storage lockers and a common area laundry room. There is also a common area patio on the backside of the building for BBQs and outdoor space. The units have been updated with new paint, new flooring and new light fixtures. Three of the units will be delivered vacant. This is the ideal investment opportunity where you can get market rate rent for the majority of units. Bring your 1031 exchange or investor clients!

Last Agent to Sell the Property

Lisa Vukovic

Serhant California, Inc. License #DRE #01928024 Listed on: 09/16/2022

Serhant California, Inc.

Last Buyer's Agent

Malonie Maxwell

Compass License #01055167

Compass
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,000 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Landscaped
  • Hillside Location

Parking

  • 5 Car Detached Garage
  • Side by Side Parking

Home Design

  • Concrete Foundation
  • Bitumen Roof
  • Metal Siding
  • Stucco

Interior Spaces

  • Low Flow Toliet
  • 3,882 Sq Ft Home
  • 5-Story Property
  • 4-Story Property
  • Double Pane Windows
  • Basement Storage
  • Built-In Electric Range

Flooring

  • Parquet
  • Carpet
  • Linoleum
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating
  • Floor Furnace
  • Separate Meters
  • Internet Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Patio

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 2851-024

Community Details

Building Details

  • 2 Leased Units
  • 3 Vacant Units
  • 2 Units Leased Month-To-Month

Additional Features

  • 5 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

5,000 Sq Ft Lot

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Property Condition: Varies By Unit
  • Levels: Five or More
  • Other Equipment: Low-Flow Toilet(s)
  • Stories: 4
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Basement: Storage Area
  • Appliances: Built-in Electric Range, Free Standing Refrigerator
  • Flooring: Carpet, Linoleum, Parquet, Tile, Varies By Unit
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 540.96
  • Square Footage: 3882.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Metal, Stucco
  • Foundation: Concrete
  • Frontage Type: Bay/Harbor
  • Patio And Porch Features: Uncovered Patio
  • Roof: Bitumen

Garage/Parking

  • Garage Spaces: 5.00
  • Parking Features: Detached, Garage, Side-by-Side
  • Total Parking Spaces: 5.00

Utilities

  • Cooling: Room Air
  • Heating: Central, Floor Furnace
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Fire Extinguisher, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Electric, Internet Available
  • Water Source: Public

Fee Information

  • Utilities Expenses: 5448

Lot Info

  • Assessor Parcel Number: 2851-024
  • Lot Features: Landscape Back, Meadow West
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 18292682.93
  • Special Zones: Hillside
  • Topography: Hillside

Green Features

  • Energy Efficient: Windows

Rental Info

  • Lease Term: Written Agreements
  • Tenant Pays: Cable TV, Electricity
  • Number Of Units Month To Month: 2
  • Units Furnished: None

Building Info

  • Number of Units Total: 5

Multi Family

  • Number Of Units Vacant: 3
  • Gross Rent Multiplier: 14.95
  • Number Of1 Bedrooms Occupied: 2
  • Number Of Units Leased: 2
  • Separate Meters: Electricity

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Jun 7, 2023
Sold by
Wilms Peter
Bought by
Seller's Agent
Lisa Vukovic
Serhant California, Inc.
Buyer's Agent
Malonie Maxwell
Compass
List Price
$2,295,000
Sold Price
$2,100,000
Premium/Discount to List
-$195,000
-8.5%
Views
116

Purchase Details

Closed on
Dec 8, 1999
Sold by
Wilms Hans W
Bought by
Wilms Hans W and Wilms Heidi

Purchase Details

Closed on
Jan 21, 1999
Sold by
Wilms Heidi
Bought by
Wilms Hans and Wilms Hans W

Purchase Details

Closed on
Jan 14, 1999
Sold by
Steinlauf Elizabeth N Trust and Nadia Elizabeth
Bought by
Wilms Hans W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Twin Peaks, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,100,000 Chicago Title
Wilms Hans W -- --
Wilms Hans -- Fidelity National Title Co
Wilms Hans W $755,000 Fidelity National Title Co
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/12/2023 06/12/23 Sold $2,100,000 0.0% $541 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/12/2023 05/12/23 Price Changed $2,100,000 -8.5% $541 / Sq Ft
09/16/2022 09/16/22 For Sale $2,295,000 -- $591 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $26,395 $2,184,840 $1,529,388 $655,452
2024 $26,395 $2,142,000 $1,499,400 $642,600
2023 $16,612 $1,313,677 $763,844 $549,833
2022 $16,253 $1,287,920 $748,867 $539,053
2021 $13,970 $1,093,475 $579,327 $514,148
2020 $14,287 $1,082,263 $573,387 $508,876
2019 $13,818 $1,061,044 $562,145 $498,899
2018 $13,404 $1,040,240 $551,123 $489,117
2017 $12,954 $1,019,844 $540,317 $479,527
2016 $12,722 $999,848 $529,723 $470,125
2015 $12,556 $984,831 $521,767 $463,064
2014 $12,235 $965,541 $511,547 $453,994
Source: Public Records

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 422685747

San Francisco Association of REALTORS®
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