NOT LISTED FOR SALE
8 Beds
1 Bath
-- Sq Ft
3,650 Sq Ft Lot

Last Sold October 10, 2022

Last sale price $3,275,000

15 Days on Market

About This Home

As of October 2022

We are pleased to present a great investment opportunity in Potrero Hill! 1532-1542 20th Street/485-495 Connecticut Street is a mixed-use building consisting of 4 residential and 3 commercial condominiums. Well managed and cared for by the same owner for over three decades, this trophy property exhibits true pride of ownership. Fully occupied, the residential condos may be exempt from some local rent control laws, buyer to investigate. All units are separately metered for PG&E. Strong $251,418 annual Gross Potential Income at a 6.15% Cap and low 11.91% GRM. Neighboring duplex at 1528-1530 20th Street is also available, see separate listing.

Last Agent to Sell the Property

Tim Brown

KW Advisors License #00580970 Listed on: 08/01/2022

KW Advisors

Co-Listed By

Mark Brown

KW Advisors License #01850707

KW Advisors

Last Buyer's Agent

Mark Brown

KW Advisors License #01850707

KW Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,260

Lot Details

  • 3,650 Sq Ft Lot

Home Design

  • Mixed Use

Community Details

  • 7 Units
  • 7 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,260

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Mixed Use
  • Number Commercial Units: 3
  • Special Features: None
  • Stories: 0

Fee Information

  • Utilities Expenses: 2842

Lot Info

  • Assessor Parcel Number: 0000-000
  • Lot Features: None
  • Lot Size Acres: 0.0838
  • Lot Size Sq Ft: 3650.00
  • Lot Size Units: SqFt
  • Price Per Acre: 39081145.58

Building Info

  • Number of Units Total: 7

Rental Info

  • Units Furnished: None

Multi Family

  • Gross Rent Multiplier: 13.03
  • Gross Income Multiplier: 11.910
  • Number Of1 Bedrooms Occupied: 2
  • Number Of3 Bedrooms Occupied: 2
  • Number of 3 Bedroom Units: 2
  • Number Of Units Leased: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Oct 13, 2022
Sold by
Anna Stern Trust
Bought by
Steiner Partners Llc
Seller's Agent
Tim Brown
KW Advisors
Buyer's Agent
Mark Brown
KW Advisors
List Price
$2,995,000
Sold Price
$3,275,000
Premium/Discount to List
$280,000
9.35%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,922,564
Interest Rate
5.89%
Mortgage Type
New Conventional
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
Steiner Partners Llc $3,275,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steiner Partners Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2022 10/10/22 Sold $3,275,000 +9.3% --
08/16/2022 08/16/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $2,995,000 -- --
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 $3,260 $170,365 $102,219 $68,146
2024 $3,260 $167,025 $100,215 $66,810
2023 $1,829 $58,413 $22,136 $36,277
2022 $1,734 $57,268 $21,702 $35,566
2021 $1,704 $56,146 $21,277 $34,869
2020 $1,732 $55,571 $21,059 $34,512
2019 $1,689 $54,483 $20,647 $33,836
2018 $1,646 $53,416 $20,243 $33,173
2017 $1,332 $52,370 $19,847 $32,523
2016 $1,283 $51,344 $19,458 $31,886
2015 $1,269 $50,574 $19,166 $31,408
2014 $1,246 $49,584 $18,791 $30,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 422682723

San Francisco Association of REALTORS®

APN: 4067-035