$4,085,000
SOLD DEC 10, 2024
14 Beds
-- Bath
10,200 Sq Ft
2,818 Sq Ft Lot

Recently Sold

$400 Per Sq Ft

9% Below List Price

48 Days on Market

About This Home

As of December 2024

1650 Jones Street is a 14 unit building in San Francisco's Russian Hill. The property consists of 14 One-Bedroom apartments. These charming units have hardwood floors and receive great natural light. Some have downtown views. The building is in a quiet location that corners onto a cul de sac block of Broadway, yet it is still near all the conveniences of Nob Hill, Russian Hill, and North Beach. The property has been owned and operated by the same family for many years. Some of the recent improvements include a newer 400 Amp electrical service, double-pane windows, and a new fire alarm monitoring system and sleep alarms. Four units are currently vacant and two more are occupied by family members and may also be delivered vacant. The units are separately metered for gas and electricity, and tenants pay for their own heat, keeping operating expenses low. This is an excellent opportunity to reposition 14 units in a highly desirable location.

Last Agent to Sell the Property

Adam Filly

Compass Commercial License #01354775 Listed on: 07/12/2024

Compass Commercial

Last Buyer's Agent

Adam Filly

Compass Commercial License #01354775 Listed on: 07/12/2024

Compass Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Home Design

  • 10,200 Sq Ft Home

Additional Features

  • 2,818 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 0157-049

Community Details

Overview

  • 14 Units

Building Details

  • 10 Leased Units
  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Year Built: 1907
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 42
  • Price Per Square Foot: 400.49
  • Square Footage: 10200.00

Fee Information

  • Utilities Expenses: 21222

Lot Info

  • Assessor Parcel Number: 0157-049
  • Lot Features: None
  • Lot Size Acres: 0.0647
  • Lot Size Sq Ft: 2818.00
  • Lot Size Units: SqFt
  • Price Per Acre: 63137557.96

Building Info

  • Number of Units Total: 14

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 4
  • Gross Rent Multiplier: 10.88
  • Number Of1 Bedrooms Occupied: 10
  • Number of 1 Bedroom Units: 14
  • Number Of Units Leased: 10
  • Separate Meters: Electricity

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

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Off Market $2,695 -- --
12/10/2024 12/10/24 Sold $4,085,000 0.0% $400 / Sq Ft
11/25/2024 11/25/24 Price Changed $2,695 +314.6% $4 / Sq Ft
11/22/2024 11/22/24 For Rent $650 0.0% --
08/29/2024 08/29/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $4,500,000 -- $441 / 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: 424048976

San Francisco Association of REALTORS® MLS