J
Seller's Agent in 2019
Jordan Geller
Jordan Geller, Broker
Estimated Value: $2,790,192
Massive 5-unit mixed-use building on bustling Valencia between 22nd & 23rd. The roughly 2,897 sqft comm. space, currently used as a food processing/mfg. facility for Lucca Ravioli Co, is significantly underutilized and offers tremendous opportunity for an adaptive re-use project with a number of possible configurations and uses. Property has dual frontage on Valencia and San Jose. Above the comm. are (4) 3bd/1ba (5-room) flats with mirror image floor plans. Flats have period details, tall ceilings, ornamental fireplaces, bay windows, wainscoting, airy living rooms and feature eat-in kitchens. Each flat also features an enclosed porch with w/d hookups and additional storage. One top-floor flat was renovated prior to 2016 tenant moving in. There is an astounding 110% upside in the residential rents offering savvy investors more than one way to significantly increase cash flows as well as value.
Last Agent to Sell the Property
Jordan Geller
Jordan Geller, Broker License #01919128 Listed on: 01/29/2019
Co-Listed By
Jeffrey Williams
J.B. Williams, Broker License #01923164
Last Buyer's Agent
Jordan Geller
Jordan Geller, Broker License #01919128
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Valencia Ventures Lp | $3,125,000 | Old Republic Title Company | |
The Evelyn L Feno Family Lp | -- | None Available | |
Feno Michael A | -- | None Available | |
The Evelyn L Feno Family Ltd Prtnrshp Lp | -- | -- | |
Feno Michael Anthony | -- | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Valencia Ventures Lp | $1,800,000 | |
Previous Owner | Evelyn L Feno Family Limited Partnership | $350,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/23/2019 07/23/19 | Sold | $3,125,000 | 0.0% | $369 / Sq Ft |
05/31/2019 05/31/19 | Pending | -- | -- | -- |
01/29/2019 01/29/19 | For Sale | $3,125,000 | -- | $369 / Sq Ft |
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 | $40,554 | $3,417,634 | $2,392,346 | $1,025,288 |
2024 | $40,554 | $3,350,624 | $2,345,438 | $1,005,186 |
2023 | $39,827 | $3,284,928 | $2,299,450 | $985,478 |
2022 | $38,726 | $3,220,520 | $2,254,364 | $966,156 |
2021 | $38,049 | $3,157,374 | $2,210,162 | $947,212 |
2020 | $38,392 | $3,125,000 | $2,187,500 | $937,500 |
2019 | $5,052 | $350,116 | $160,706 | $189,410 |
2018 | $4,871 | $343,252 | $157,555 | $185,697 |
2017 | $4,517 | $336,522 | $154,466 | $182,056 |
2016 | $4,403 | $329,925 | $151,438 | $178,487 |
2015 | $4,336 | $324,970 | $149,164 | $175,806 |
2014 | $4,224 | $318,606 | $146,243 | $172,363 |
J
Seller's Agent in 2019
Jordan Geller
Jordan Geller, Broker
J
Seller Co-Listing Agent in 2019
Jeffrey Williams
J.B. Williams, Broker
Source: San Francisco Association of REALTORS® MLS
MLS Number: 480669
APN: 3635-002