NOT LISTED FOR SALE
26 Beds
-- Bath
14,067 Sq Ft
5,941 Sq Ft Lot

Sale Details

Date Sold: May 19, 2016

Last sale price $8,957,000 $637 Per Sq Ft

25 Days on Market

Highlights

  • Water Views
  • 2-minute walk to Union And Hyde
  • Edwardian Architecture
  • Yick Wo Elementary School Rated A
  • 0.14 Acre Lot
  • 4-minute walk to Helen Wills Playground

About This Home

As of May 2016

Prime Russian Hill apartment building with water views. Attractive unit mix of Two (2) Studio, Sixteen (16) One Bedrooms and Five (5) Two Bedroom units with potential to build out a 23rd unit. Located block from Polk Street shops & restaurants. Over 100% upside in the rents, plus pass through potential. Attractively priced relative to recent sales comparables. Four units delivered vacant

Last Agent to Sell the Property

James Devincenti

Colliers International License #00951916 Listed on: 02/01/2016

Co-Listed By

Bradley Lagomarsino

Colliers International License #DRE #01058500

Last Buyer's Agent

Bradley Lagomarsino

Colliers International License #DRE #01058500

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 5,941 Sq Ft Lot

Home Design

  • Edwardian Architecture
  • Concrete Foundation
  • Frame Construction
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 14,067 Sq Ft Home
  • Water Views
  • Leased Washer and Dryer

Flooring

  • Carpet
  • Tile

Utilities

  • Heating System Uses Steam
  • Separate Meters

Community Details

  • 23 Units
  • 4 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 0525009

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

5,941 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Edwardian
  • Year Built: 1908
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Free Standing Refrigerator
  • Flooring: Carpet, Tile
  • Laundry Features: Washer/Dryer Leased
  • Price Per Square Foot: 636.74
  • Square Footage: 14067.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Foundation: Concrete
  • Roof: Bitumen
  • View: Water

Utilities

  • Heating: Steam

Lot Info

  • Assessor Parcel Number: 0525009
  • Lot Size Acres: 0.1364
  • Lot Size Sq Ft: 5941.00
  • Lot Size Units: SqFt
  • Price Per Acre: 65667155.43
  • Zoning: RM2

Building Info

  • Number of Units Total: 23

Multi Family

  • Number Of Units Vacant: 4
  • Gross Rent Multiplier: 20.18
  • Number of Studio Units: 2
  • Separate Meters: Electricity, Gas

MLS Schools

  • School District County: San Francisco

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

Closed on
Oct 2, 2018
Sold by
Bought by

Purchase Details

Listed on
Feb 1, 2016
Closed on
May 19, 2016
Sold by
Bought by
Seller's Agent
James Devincenti
Colliers International
Buyer's Agent
Bradley Lagomarsino
Colliers International
List Price
$8,957,000
Sold Price
$8,957,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,790,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 17, 2014
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Russian Hill, 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
$13,500,000 None Available
$8,957,000 Old Republic Title Company
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $12,790,000
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
05/19/2016 05/19/16 Sold $8,957,000 0.0% $637 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $8,957,000 -- $637 / 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 $174,703 $10,829,243 $8,858,531 $1,941,469
2024 $174,703 $14,778,112 $8,858,531 $5,905,687
2023 $171,860 $14,480,254 $8,684,835 $5,789,890
2022 $168,636 $14,190,908 $8,514,545 $5,676,363
2021 $165,717 $13,912,656 $8,347,594 $5,565,062
2020 $167,439 $13,776,861 $8,262,000 $5,514,861
2019 $161,703 $13,506,861 $8,100,000 $5,406,861
2018 $114,880 $9,690,723 $5,591,317 $4,099,406
2017 $10,497 $704,484 $226,221 $478,263
2016 $10,138 $683,238 $221,787 $461,451
2015 $9,962 $673,189 $218,558 $454,631
2014 -- $660,003 $214,277 $445,726
Source: Public Records

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 441600

San Francisco Association of REALTORS®
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