$1,450,000
SOLD APR 3, 2025
Studio
-- Bath
6,750 Sq Ft
2,252 Sq Ft Lot

Recently Sold

$215 Per Sq Ft

34% Below List Price

90 Days on Market

About This Home

As of April 2025

7.5% Cap Rate - 7.7% GRM! 132 6th Street is a 13 unit mixed-use property located in South of Market. The property consists of 12 studio apartments and 1 commercial unit. Most of the studios were remodeled within the last few years. They have laminate floors, stone countertops, and stainless appliances. The units receive great natural light. The commercial space was most recently used as a bakery and will be delivered vacant. There is a one-car garage that will also be delivered vacant. The apartments are all-electric units, including heat, and are separately metered for electricity. There is a very large basement that has been used for storage and operational space for the commercial unit over the years. The electrical service and panels have been recently updated with the main panel indicating 800 Amps of power. A seismic soft-story retrofit was completed in 2015. This turn-key investment opportunity will provide cash flow and upside potential at a very low cost basis.

Last Agent to Sell the Property

Adam Filly

Compass Commercial License #01354775 Listed on: 11/12/2024

Compass Commercial

Last Buyer's Agent

Adam Filly

Compass Commercial License #01354775 Listed on: 11/12/2024

Compass Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 2,250 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • 6,750 Sq Ft Home
  • Mixed Use

Listing and Financial Details

  • Assessor Parcel Number 3726-005

Community Details

Overview

  • 13 Units

Building Details

  • 8 Leased Units
  • 5 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

2,250 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Mixed Use
  • Year Built: 1907
  • Number Commercial Units: 1
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 214.81
  • Square Footage: 6750.00

Garage/Parking

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

Fee Information

  • Utilities Expenses: 37493

Lot Info

  • Assessor Parcel Number: 3726-005
  • Lot Features: None
  • Lot Size Acres: 0.0517
  • Lot Size Sq Ft: 2250.00
  • Lot Size Units: SqFt
  • Price Per Acre: 28046421.66

Building Info

  • Number of Units Total: 13

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 5
  • Gross Rent Multiplier: 5.56
  • Number of Studio Units: 12
  • Number Of Units Leased: 8
  • Number Studios Occupied: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Apr 1, 2025
Sold by
Sf Multifamily Pools 2-3 B Owner Llc
Bought by
Mhd Real Estate Llc
Seller's Agent
Adam Filly
Compass Commercial
Buyer's Agent
Adam Filly
Compass Commercial
List Price
$2,200,000
Sold Price
$1,450,000
Premium/Discount to List
-$750,000
-34.09%
Views
39
Current Estimated Value
$4,562,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,112,909

Purchase Details

Closed on
Oct 2, 2018
Sold by
132 6Th Street Llc
Bought by
St Multifamily Iii Property Owner Llc

Purchase Details

Closed on
May 12, 2016
Sold by
Patel Satish Kumar and Patel Tejalben
Bought by
132 6Th Street Llc

Purchase Details

Closed on
Mar 21, 2016
Sold by
233-237 Eddy Street Llc
Bought by
132 6Th Street Llc

Purchase Details

Closed on
Oct 5, 2015
Sold by
Andes Associates 4 Llc
Bought by
233-237 Eddy Street Llc

Purchase Details

Closed on
Jul 24, 2014
Sold by
Patel Dipakbhai
Bought by
Patel Satish Kumar and Patel Tejalben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 14, 2014
Sold by
Veimoen Magne L and The 2002 Magne L Veimoen Trust
Bought by
233 237 Eddy Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 2014
Sold by
Patel Kalpana
Bought by
Patel Dipakbhai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 12, 2002
Sold by
Veimoen Magne L
Bought by
Veimoen Magne L and 2002 Magne L Veimoen Trust

Purchase Details

Closed on
Nov 23, 1994
Sold by
Phelps Brenda
Bought by
Veimoen Magne L and Veimoen Darlene A
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Old Republic Title
Grant Deed $4,650,000 None Available
Grant Deed -- Old Republic Title Company
Grant Deed $4,025,000 Old Republic Title Company
Grant Deed $300,000 Chicago Title Company
Grant Deed $1,120,000 Chicago Title Company
Grant Deed $2,800,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $70,000 Seller Take Back
Previous Owner $1,820,000 Future Advance Clause Open End Mortgage
Previous Owner $1,820,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2025 04/03/25 Sold $1,450,000 -27.3% $215 / Sq Ft
02/10/2025 02/10/25 Pending -- -- --
12/12/2024 12/12/24 Price Changed $1,995,000 -9.3% $296 / Sq Ft
11/12/2024 11/12/24 For Sale $2,200,000 -- $326 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $62,954 $5,201,818 $3,631,012 $1,556,146
2024 $62,954 $5,088,848 $3,559,816 $1,525,634
2023 $61,763 $4,987,676 $3,490,016 $1,495,720
2022 $60,560 $4,887,978 $3,421,585 $1,466,393
2021 $59,487 $4,792,137 $3,354,496 $1,437,641
2020 $60,040 $4,743,000 $3,320,100 $1,422,900
2019 $58,827 $4,650,440 $3,255,000 $1,395,440
2018 $51,721 $4,188,050 $2,512,566 $1,675,484
2017 $50,791 $4,105,940 $2,463,300 $1,642,640
2016 $10,288 $657,698 $336,096 $321,602
2015 $10,124 $647,826 $331,048 $316,778
2014 $9,907 $635,146 $324,564 $310,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 424079664

San Francisco Association of REALTORS®

APN: 3726-005

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