NOT LISTED FOR SALE

1401 Grant Ave San Francisco, CA 94133

Telegraph Hill Neighborhood

Estimated Value: $2,325,288

4 Beds
5 Baths
5,058 Sq Ft
$460/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $2,300,000 $455 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $14,686/month

179 Days on Market

Highlights

  • Downtown View
  • Wood Flooring
  • Baseboard Heating
  • Garfield Elementary School Rated A-
  • Bay Window
  • 4-minute walk to Washington Square

About This Home

As of August 2020

Great Owner-User mixed-use property on high-traffic and historic commercial corridors of Grant and Green of San Francisco's North Beach neighborhood. The six units consists of two retail storefronts and four four-room flat apartments. The property has tremendous upside in rents and presents prospective buyers an opportunity to unlock higher future cash flow. The four-room flats consist of a split bath, living room with pocket door to dining room (possible second bedroom), and eat in-kitchen. The kitchens are equipped with gas range-ovens and the bathrooms contain bath-tubs. The high ceilings allow a tremendous amount of light into the units, which are sprinklered. Both retail spaces have high ceilings , mezzanine spaces and an additional storage stockroom in the basement. One retail space is Month-Month and available to owner-occupy.

Last Agent to Sell the Property

Jeremy Lee

Jeremy Lee, Broker License #01951309 Listed on: 02/17/2020

Jeremy Lee, Broker

Last Buyer's Agent

Jeremy Lee

Jeremy Lee, Broker License #01951309 Listed on: 02/17/2020

Jeremy Lee, Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,895

Year Built

  • Built in 1906

Lot Details

  • 1,689 Sq Ft Lot

Property Views

  • Downtown
  • Hills

Home Design

  • Mixed Use
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,058 Sq Ft Home
  • 3-Story Property
  • Bay Window
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Home Security

  • Fire and Smoke Detector
  • Fire Suppression System

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0116-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,895

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Flats, Mixed Use
  • Stories: 3
  • Year Built: 1906
  • Number Commercial Units: 2
  • Special Features: None

Interior Features

  • Basement: Full, Storage Area
  • Appliances: Free Standing Refrigerator, OVFR
  • Flooring: Carpet, Wood
  • Price Per Square Foot: 454.73
  • Square Footage: 5058.00
  • Window Features: Bay Window(s)

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Roof: Composition
  • View: Downtown, Hills

Utilities

  • Heating: Baseboard, Gas, Wall Furnace
  • Security Features: Fire Suppression System, Smoke Detector

Lot Info

  • Assessor Parcel Number: 0116-011
  • Lot Size Acres: 0.0388
  • Lot Size Sq Ft: 1689.00
  • Lot Size Units: SqFt
  • Price Per Acre: 59278350.52

Rental Info

  • Lease Term: LSMT,MTOM,RNOP,OTHR
  • Tenant Pays: Electricity, Gas

Building Info

  • Number of Units Total: 6

Multi Family

  • Gross Rent Multiplier: 17.79
  • Separate Meters: Electricity, Gas

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Aug 26, 2020
Sold by
1401 Grant Avenue Llc
Bought by
1401 Grant Nb Llc
Seller's Agent
Jeremy Lee
Jeremy Lee, Broker
Buyer's Agent
Jeremy Lee
Jeremy Lee, Broker
List Price
$2,300,000
Sold Price
$2,300,000
Current Estimated Value
$2,325,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,288
Avg. Annual Appreciation
0.21%
Original Mortgage
$2,000,000
Outstanding Balance
$1,774,868
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$550,420

Purchase Details

Closed on
Dec 21, 2017
Sold by
Lee Ivan
Bought by
1401 Grant Avenue Llc

Purchase Details

Closed on
Dec 14, 2017
Sold by
Lee Ivan Gene
Bought by
Lee Ivan

Purchase Details

Closed on
Dec 8, 1999
Sold by
Trust The Lee Way Koon & Shui Ping 1993 Revoc and Lee Shui Ping
Bought by
Lee Shui Ping and Lee Ivan Gene

Purchase Details

Closed on
Oct 8, 1993
Sold by
Lee Way Koon and Lee Shui Ping
Bought by
Lee Way Koon and Lee Shui Ping
Source: Public Records

Range of Values:

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Average Value
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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
1401 Grant Nb Llc $2,300,000 Old Republic Title Company
1401 Grant Avenue Llc -- None Available
Lee Ivan -- None Available
Lee Shui Ping -- --
Lee Way Koon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1401 Grant Nb Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $2,300,000 0.0% $455 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $2,300,000 -- $455 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $29,895 $2,489,593 $1,407,161 $1,082,432
2024 $29,895 $2,440,778 $1,379,570 $1,061,208
2023 $29,322 $2,392,920 $1,352,520 $1,040,400
2022 $28,735 $2,346,000 $1,326,000 $1,020,000
2021 $28,237 $2,300,000 $1,300,000 $1,000,000
2020 $3,838 $214,579 $80,037 $134,542
2019 $3,767 $210,372 $78,468 $131,904
2018 $3,641 $206,248 $76,930 $129,318
2017 $3,305 $202,205 $75,422 $126,783
2016 $3,212 $198,242 $73,944 $124,298
2015 $3,164 $195,265 $72,834 $122,431
2014 $3,091 $191,441 $71,408 $120,033
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Lee

    Seller's Agent in 2020

    Jeremy Lee

    Jeremy Lee, Broker

    (415) 890-0704

    3 in this area

    58 Total Sales

    Jeremy Lee
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 495067

San Francisco Association of REALTORS®

APN: 0116-011

California San Francisco County San Francisco 94133 Telegraph Hill

1401 Grant Ave, San Francisco, CA

This home is located at 1401 Grant Ave, San Francisco, CA 94133 since 17 February 2020 and is currently estimated at $2,325,288, approximately $459 per square foot. This property was built in 1906. 1401 Grant Ave is a home located in San Francisco County with nearby schools including Garfield Elementary School, Francisco Middle School, and Sterne School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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