$1,625,000
SOLD FEB 18, 2025
6 Beds
-- Bath
3,980 Sq Ft
2,478 Sq Ft Lot

Recently Sold

$408 Per Sq Ft

19% Below List Price

314 Days on Market

About This Home

As of February 2025

New Price Reduction! 6.9% CAP! Welcome to 1230 Broadway, an exceptional investment opportunity nestled in the vibrant Russian Hill neighborhood of San Francisco, CA. This six-unit apartment building presents a rare chance to own a piece of prime real estate with immense potential. Boasting a strategic location and a host of desirable features, this property is a gem waiting to be discovered. With four out of six units currently awaiting renovation, investors have the opportunity to unleash their creativity and maximize the value of this property. Additionally, four of the units hold the potential for conversion from one-bedroom layouts to two-bedroom residences, offering versatility and catering to a broader tenant demographic. The smart and efficient layouts of the units ensure comfortable living spaces, with spacious bedrooms that receive abundant natural sunlight, creating an inviting ambiance for tenants to enjoy. Convenience and practicality are evident throughout the property, with three dedicated parking spaces provided onsite and the option to park additional vehicles conveniently on the street in front of the garages. Further enhancing the appeal are amenities such as a set of laundry machines and a storage room located on the ground floor.

Last Agent to Sell the Property

Michael Johnston

Engel & Völkers San Francisco License #01370461 Listed on: 03/28/2024

Engel & Völkers San Francisco

Last Buyer's Agent

Michael Johnston

Engel & Völkers San Francisco License #01370461 Listed on: 03/28/2024

Engel & Völkers San Francisco

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 2,478 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • 3,980 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 0152-010A

Community Details

Overview

  • 6 Units

Building Details

  • 2 Leased Units
  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Year Built: 1924
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 16
  • Price Per Square Foot: 408.29
  • Square Footage: 3980.00

Garage/Parking

  • Parking Features: None
  • Total Parking Spaces: 3.00

Fee Information

  • Utilities Expenses: 9284

Lot Info

  • Assessor Parcel Number: 0152-010A
  • Lot Features: None
  • Lot Size Acres: 0.0569
  • Lot Size Sq Ft: 2478.00
  • Lot Size Units: SqFt
  • Price Per Acre: 28558875.22

Building Info

  • Number of Units Total: 6

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 4
  • Gross Rent Multiplier: 8.49
  • Gross Income Multiplier: 10.400
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 6
  • Number Of Units Leased: 2

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $1,625,000 -18.5% $408 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $1,995,000 +22.8% $501 / Sq Ft
01/31/2025 01/31/25 Off Market $1,625,000 -- --
09/13/2024 09/13/24 Price Changed $1,995,000 -9.1% $501 / Sq Ft
05/13/2024 05/13/24 Price Changed $2,195,000 -12.2% $552 / Sq Ft
03/28/2024 03/28/24 For Sale $2,500,000 -- $628 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424019458

San Francisco Association of REALTORS® MLS