NOT LISTED FOR SALE
7 Beds
-- Bath
5,720 Sq Ft
1,429 Sq Ft Lot

Sale Details

Date Sold: January 29, 2016

Last sale price $3,495,000 $611 Per Sq Ft

2 Days on Market

About This Home

As of January 2016

6.03 CAP Rate. Property is a well maintained 7 unit mixed-use apartment building with a classic facade. Excellent location in the heart of the thriving SOMA & Mid Market neighborhood. This bldg has 5 large 1BR/1BA apts, one 2BR/1BA apt and a 2,507 sqft (plus additional 767 sqft storage) ground floor commercial space. The apartments are rented at excellent market rates: 1BD apts for $2,071 to $2,675 and the 2BD apt fprojected to lease for $3,200. The commercial unit leased at $8,000 monthly rent. CAP Rate: 6.03% GRM: 12.91

Last Agent to Sell the Property

Frank Nolan

Vanguard Properties License #01300017 Listed on: 01/05/2016

Vanguard Properties

Co-Listed By

Carlos Cabarcos

Vanguard Properties License #01762356

Last Buyer's Agent

Phillip Batlin

Marcus & Millichap License #01873218

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 1,428

Home Design

  • Mixed Use

Interior Spaces

  • 5,720 Sq Ft Home
  • Basement Fills Entire Space Under The House

Home Security

  • Fire and Smoke Detector
  • Fire Suppression System

Additional Features

  • 1,428 Sq Ft Lot
  • Separate Meters

Community Details

  • 7 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 3727113

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

1,428 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Mixed Use
  • Year Built: 1909
  • Number Commercial Units: 1
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Full, Storage Area
  • Laundry Features: NONE
  • Price Per Square Foot: 611.01
  • Square Footage: 5720.00

Utilities

  • Security Features: Fire Suppression System, Smoke Detector

Lot Info

  • Assessor Parcel Number: 3727113
  • Lot Size Acres: 0.0328
  • Lot Size Sq Ft: 1428.00
  • Lot Size Units: SqFt
  • Price Per Acre: 106554878.05
  • Zoning: WMUG

Rental Info

  • Tenant Pays: Electricity

Building Info

  • Number of Units Total: 7

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 12.91
  • 1 Bedroom Rent Range: 2,071- $2,675
  • Two Bedroom Rent Range: $3,200
  • Separate Meters: Electricity, Gas

MLS Schools

  • School District County: San Francisco
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $3,495,000 0.0% $611 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $3,495,000 -- $611 / 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 $50,180 $4,137,364 $2,482,419 $1,654,945
2024 $50,180 $4,056,241 $2,433,745 $1,622,496
2023 $49,247 $3,976,708 $2,386,025 $1,590,683
2022 $48,293 $3,899,280 $2,339,241 $1,559,494
2021 $47,869 $3,823,068 $2,293,374 $1,529,694
2020 $47,836 $3,783,758 $2,269,859 $1,513,899
2019 $46,215 $3,709,580 $2,225,352 $1,484,228
2018 $43,666 $3,636,857 $2,181,718 $1,455,139
2017 $42,861 $3,565,560 $2,138,940 $1,426,620
2016 $23,169 $1,880,803 $1,083,849 $796,954
2015 $32,429 $2,323,087 $1,338,812 $984,275
2014 $29,742 $2,277,598 $1,312,588 $965,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 440831

San Francisco Association of REALTORS®

APN: 3727-113

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