$3,900,000
SOLD NOV 22, 2024
4 Beds
-- Bath
9,043 Sq Ft
2,820 Sq Ft Lot

Recently Sold

$431 Per Sq Ft

2% Below List Price

20 Days on Market

About This Home

As of November 2024

Exceptional Investment Opportunity! Nestled in the heart of San Francisco's coveted Nob Hill neighborhood, this historic residential income apartment building offers a rare blend of classic elegance and modern functionality. Constructed in 1929, this timeless beauty spans approximately 9,000 square feet and is expertly configured into 13 distinct units across four levels, comprising of 11 studios and 2 two-bedroom units; 6 car enclosed parking; coin-operated laundry in garage. This building provides a versatile mix of living spaces that cater to a variety of tenant needs. The architectural charm of the era is evident throughout, from the intricate detailing to the high ceilings, all while offering the conveniences of modern living. The property's prime location in Nob Hill, renowned for its historic landmarks, upscale dining, and proximity to downtown, enhances its appeal as a desirable residence for discerning tenants. Whether you're a seasoned investor or looking to expand your portfolio, this building presents a unique opportunity to acquire a piece of San Francisco's architectural history, with the added benefit of strong rental income potential in one of the city's most prestigious neighborhoods.

Last Agent to Sell the Property

Michelle Pender

Engel & Völkers San Francisco License #01911642 Listed on: 09/03/2024

Engel & Völkers San Francisco

Co-Listed By

Rob Landsness

Engel & Völkers San Francisco License #01906683

Last Buyer's Agent

Adam Filly

Compass Commercial License #01354775

Compass Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 2,820 Sq Ft Lot

Parking

  • 5 Covered Spaces

Interior Spaces

  • 9,043 Sq Ft Home
  • 4-Story Property

Listing and Financial Details

  • Assessor Parcel Number 0157-048

Community Details

Overview

  • 13 Units

Building Details

  • 10 Leased Units
  • 3 Vacant Units
  • 10 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Property Condition: Original
  • Levels: Four
  • Year Built: 1929
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 28
  • Price Per Square Foot: 431.27
  • Square Footage: 9043.00

Garage/Parking

  • Covered Parking Spaces: 5.00
  • Independent Parking Spaces: 5

Lot Info

  • Assessor Parcel Number: 0157-048
  • Lot Features: None
  • Lot Size Acres: 0.0647
  • Lot Size Sq Ft: 2820.00
  • Lot Size Units: SqFt
  • Price Per Acre: 60278207.11

Rental Info

  • Number Of Units Month To Month: 10
  • Units Furnished: None

Building Info

  • Number of Units Total: 13

Multi Family

  • Number Of Units Vacant: 3
  • Gross Rent Multiplier: 171.08
  • Number of 2 Bedroom Units: 2
  • Number of Studio Units: 11
  • Number Of Units Leased: 10
  • Total Number Leasable: 3

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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 Change Sq Ft Price
11/22/2024 11/22/24 Sold $3,900,000 -2.5% $431 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $4,000,000 -- $442 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424053923

San Francisco Association of REALTORS® MLS