NOT LISTED FOR SALE

Estimated Value: $1,330,000 - $1,498,000

5 Beds
3 Baths
2,382 Sq Ft
$604/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $1,395,000 $586 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,288/month

42 Days on Market

Highlights

  • Wood Flooring
  • Frank McCoppin Elementary Rated A-
  • 1 Car Garage

About This Home

As of May 2024

**Back on the market, no fault of the building** 1129-1133 Balboa Street is a three (3) unit building located in the Inner Richmond District between 12th Avenue and Funston Avenue. The property is detached on three sides allowing ample natural light. The tax records show 2,382 sq/ft however a previous appraisal measured the building at 3,037 sq/ft. Ideally located in the desirable Inner Richmond neighborhood, 1129-1133 Balboa Street combines the best of city living, with a comfortable suburban feel, providing tenants with walkable access to the Inner Richmond commercial strip, Golden Gate Park, and quick highway access. The property has been well maintained including a new rear roof (2019), new water heaters, and the entire front stairway and porch were replaced (2024).The property is fully occupied with 37% rental upside. 1129-1133 Balboa Street offers buyers a stabilized asset, with growth potential in one of San Francisco's most popular neighborhoods.

Last Agent to Sell the Property

John Antonini

Compass Commercial License #01842830 Listed on: 03/15/2024

Compass Commercial

Last Buyer's Agent

Wayne Ho

KW Advisors License #01905918

KW Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,867

Year Built

  • Built in 1905

Lot Details

  • 2,487

Parking

  • 1 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,382 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Apartment Living Space in Basement

Additional Features

  • 2,487 Sq Ft Lot
  • Wall Furnace

Community Details

  • 3 Units
  • 3 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 1632-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,867

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Levels: Three
  • Year Built: 1905
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Apartment In Basement
  • Flooring: Wood
  • Price Per Square Foot: 585.64
  • Square Footage: 2382.00

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Cooling: None
  • Heating: Wall Furnace

Lot Info

  • Assessor Parcel Number: 1632-018
  • Lot Features: Garden
  • Lot Size Acres: 0.0571
  • Lot Size Sq Ft: 2487.00
  • Lot Size Units: SqFt
  • Price Per Acre: 24430823.12

Building Info

  • Number of Units Total: 3

Rental Info

  • Units Furnished: All Units

Multi Family

  • Gross Rent Multiplier: 16.96
  • Number Of1 Bedrooms Occupied: 1
  • Number Of2 Bedrooms Occupied: 2
  • Number Of Units Leased: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 30, 2024
Sold by
Saint James Balboa Llc
Bought by
Loevsky Georgiy and Loevsky Regina
Seller's Agent
John Antonini
Compass Commercial
Buyer's Agent
Wayne Ho
KW Advisors
List Price
$1,450,000
Sold Price
$1,395,000
Premium/Discount to List
-$55,000
-3.79%
Views
98
Current Estimated Value
$1,439,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,390
Avg. Annual Appreciation
2.20%

Purchase Details

Closed on
Sep 15, 2017
Sold by
Funai Serena Wong
Bought by
Saint James Balboa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$851,400
Interest Rate
2.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2016
Sold by
Wong Kevin Y
Bought by
Funai Serena Wong

Purchase Details

Closed on
Nov 21, 1994
Sold by
Wong Sik Koon and Wong Denise Y
Bought by
Wong Sik Koon and Wong Denise Y
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
Loevsky Georgiy $1,395,000 Old Republic Title
Saint James Balboa Llc $1,419,000 First American Title Company
Funai Serena Wong -- None Available
Wong Sik Koon -- --
Wong Sik Koon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saint James Balboa Llc $851,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2024 05/06/24 Sold $1,395,000 0.0% $586 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/19/2024 04/19/24 Price Changed $1,395,000 -3.8% $586 / Sq Ft
04/17/2024 04/17/24 For Sale $1,450,000 0.0% $609 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $1,450,000 -- $609 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $19,867 $1,422,900 $996,030 $426,870
2024 $19,867 $1,582,917 $1,108,043 $474,874
2023 $19,438 $1,551,880 $1,086,317 $465,563
2022 $19,028 $1,521,452 $1,065,017 $456,435
2021 $18,698 $1,491,621 $1,044,135 $447,486
2020 $18,929 $1,476,327 $1,033,429 $442,898
2019 $18,296 $1,447,380 $1,013,166 $434,214
2018 $17,681 $1,419,000 $993,300 $425,700
2017 $6,085 $446,273 $232,064 $214,209
2016 $5,957 $437,523 $227,514 $210,009
2015 $5,879 $430,952 $224,097 $206,855
2014 $5,734 $422,511 $219,708 $202,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 424015990

San Francisco Association of REALTORS®

APN: 1632-018