NOT LISTED FOR SALE

Estimated Value: $1,464,000 - $1,879,634

8 Beds
3 Baths
2,768 Sq Ft
$616/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $1,800,000 $650 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $11,568/month

10 Days on Market

Highlights

  • Carpet
  • Jefferson Elementary School Rated A-
  • 1-minute walk to Judah And 25Th Avenue

About This Home

As of April 2021

The location of this 3-unit building makes it a desirable, solid investment. Built in 1916, this property is located in the heart of the Central Sunset and is a block from the shopping and restaurants on Irving Street, less than two blocks from Golden Gate Park and steps to the N-Judah streetcar. One apartment on each of the building's three levels: The top floor offers 3 bedrooms, 1 bath, and an open kitchen, living and dining area; the middle unit is nearly identical to the top floor in number of rooms and layout - both of these units have recently been painted and had new carpeting installed, as well as several ceiling light fixtures and windows replaced; the bottom unit is occupied by a longtime (protected) tenant who is a treasured neighbor to many in the neighborhood. As rents are stabilizing, now's a great time to take advantage of having two vacant units. Or, it makes perfect sense for the next owner to move in and still have rental income. Listing agent is related to owner.

Last Agent to Sell the Property

Derek Chin

Compass License #00854466 Listed on: 03/22/2021

Compass

Last Buyer's Agent

Elizabeth Bremner

Marcus & Millichap License #02029135

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,680

Year Built

  • Built in 1916

Lot Details

  • 2,996 Sq Ft Lot

Home Design

  • 2,768 Sq Ft Home
  • Triplex
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Linoleum

Utilities

  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 1779012

Community Details

Overview

  • 3 Units

Building Details

  • 2 Vacant Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,680

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Year Built: 1916
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 16
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 650.29
  • Square Footage: 2768.00

Exterior Features

  • Foundation: Concrete Perimeter

Garage/Parking

  • Parking Features: None

Utilities

  • Heating: Gas
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 1779012
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.0688
  • Lot Size Sq Ft: 2996.00
  • Lot Size Units: SqFt
  • Price Per Acre: 26162790.70

Rental Info

  • Number Of Units Month To Month: 1
  • Units Furnished: None

Building Info

  • Number of Units Total: 3

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 227.50
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 1
  • Number of 3 Bedroom Units: 2
  • Separate Meters: Electricity, Gas, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Real Property Holding Ii Llc
Bought by
Disney Michele
Current Estimated Value
$1,752,460

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 8, 2021
Sold by
Chin Jennie and The Jennie Chin Revocable Trus
Bought by
Real Property Holding Ii Llc
Seller's Agent
Derek Chin
Compass
Buyer's Agent
Elizabeth Bremner
Marcus & Millichap
List Price
$1,628,000
Sold Price
$1,800,000
Premium/Discount to List
$172,000
10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.87%

Purchase Details

Closed on
Sep 7, 2017
Sold by
Chin Richard
Bought by
Chin Jennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,900
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2016
Sold by
Chin Jennie
Bought by
Chin Jennie

Purchase Details

Closed on
Sep 7, 2016
Sold by
Chin Jennie
Bought by
Chin Jennie

Purchase Details

Closed on
Apr 22, 2009
Sold by
Chin Jennie and Lim Jane
Bought by
Chin Jennie
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
Disney Michele -- --
Real Property Holding Ii Llc $1,800,000 North American Title Co Inc
Chin Jennie -- First American Title Company
Chin Jennie -- None Available
Chin Jennie -- Fidelity National Title Co
Chin Jennie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Disney Michele $175,000
Previous Owner Chin Jennie $139,900
Previous Owner Chin Jennie $575,000
Previous Owner Lim Jane $456,000
Previous Owner Lim Jane $250,000
Previous Owner Lim Jane $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $1,800,000 +10.6% $650 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $1,628,000 -- $588 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $23,680 $1,948,377 $1,363,864 $584,513
2024 $23,680 $1,910,174 $1,337,122 $573,052
2023 $23,196 $1,872,720 $1,310,904 $561,816
2022 $22,719 $1,836,000 $1,285,200 $550,800
2021 $2,220 $99,838 $40,526 $59,312
2020 $2,400 $98,815 $40,111 $58,704
2019 $2,340 $96,878 $39,325 $57,553
2018 $2,283 $94,979 $38,554 $56,425
2017 $1,963 $93,118 $37,799 $55,319
2016 $1,893 $91,293 $37,058 $54,235
2015 $1,863 $89,923 $36,502 $53,421
2014 $1,825 $88,162 $35,787 $52,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421528935

San Francisco Association of REALTORS® MLS

APN: 1779-012