$1,580,000
SOLD NOV 25, 2024
4 Beds
-- Bath
2,700 Sq Ft
1,720 Sq Ft Lot

Recently Sold

$585 Per Sq Ft

22% Above List Price

13 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • 2 Car Attached Garage
  • McKinley Elementary School Rated A
  • Skylights
  • Zero Lot Line

About This Home

As of November 2024

Introducing a prime investment opportunity! This charming fully occupied 4-unit building in Corona Heights offers spacious 1BD/1BA units with high ceilings, hardwood floors, views, and two garage spaces (one vacant). Each unit is well-maintained and in good condition providing peace of mind to investors and a comfortable living environment for the tenants. Ideally located close to public transportation ensuring convenient access to city life while remaining a peaceful retreat. A rare find, pride of ownership building. Don't miss this opportunity to add it to your portfolio.

Last Agent to Sell the Property

Kevin McCollom

Compass License #01947291 Listed on: 11/01/2024

Compass

Last Buyer's Agent

Faye Dibachi

Compass License #01349520

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,597

Year Built

  • Built in 1908

Lot Details

  • 1,720 Sq Ft Lot
  • Zero Lot Line

Property Views

  • Bay
  • City

Home Design

  • Quadruplex
  • Concrete Foundation
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Flooring

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Separate Meters

Community Details

  • 4 Units
  • 4 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 2653-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,597

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Levels: Two
  • Other Equipment: None
  • Year Built: 1908
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 12
  • Flooring: Wood
  • Interior Amenities: Skylight(s)
  • Price Per Square Foot: 585.19
  • Square Footage: 2700.00

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Concrete
  • Roof: Bitumen
  • View: Bay, City

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 2.00
  • Independent Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Baseboard, Wall Furnace
  • Security Features: Fire Extinguisher
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Utilities Expenses: 4128

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: 2653-003
  • Irrigation: None
  • Lot Features: Zero Lot Line
  • Lot Size Acres: 0.0395
  • Lot Size Sq Ft: 1720.00
  • Lot Size Units: SqFt
  • Price Per Acre: 40000000.00

Rental Info

  • Lease Term: Written Agreements
  • Units Furnished: None

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Rent Multiplier: 14.37
  • Number Of1 Bedrooms Occupied: 4
  • Number of 1 Bedroom Units: 4
  • Number Of Units Leased: 4
  • Separate Meters: Electricity, Gas

MLS Schools

  • School District County: San Francisco
  • Senior High School District: SF School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Dec 23, 2024
Sold by
Fang Hsiao Wei
Bought by
Hsiao Wei Fang and Hsiao Kuo Liang
Seller's Agent
Kevin McCollom
Compass
Buyer's Agent
Faye Dibachi
Compass
List Price
$1,295,000
Sold Price
$1,580,000
Premium/Discount to List
$285,000
22.01%
Total Days on Market
13
Views
32
Current Estimated Value
$1,550,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,959
Avg. Annual Appreciation
-0.69%
Original Mortgage
$1,000,000
Outstanding Balance
$993,343
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$578,862

Purchase Details

Listed on
Nov 1, 2024
Closed on
Nov 19, 2024
Sold by
Alexander Schwed 2022 Trust and Pastore Larry
Bought by
Hsiao Wei Fang
Seller's Agent
Kevin McCollom
Compass
Buyer's Agent
Faye Dibachi
Compass
List Price
$1,295,000
Sold Price
$1,580,000
Premium/Discount to List
$285,000
22.01%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$993,343
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$578,862

Purchase Details

Closed on
Jun 21, 2022
Sold by
Alexander Schwed
Bought by
Alexander Schwed 2022 Trust

Purchase Details

Closed on
Feb 11, 1998
Sold by
Tubach Karen
Bought by
Schwed Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 1998
Sold by
Wong Jonathan W and Yee Wen
Bought by
Schwed Alexander and Tubach Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.37%
Mortgage Type
Commercial
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Grant Deed -- Chicago Title
Grant Deed -- Chicago Title
Deed -- Huysentruyt Kurt D
Individual Deed -- --
Grant Deed $450,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $1,000,000 New Conventional
Previous Owner $983,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $1,000,000 Commercial
Previous Owner $675,000 Commercial
Previous Owner $672,000 Commercial
Previous Owner $661,550 Commercial
Previous Owner $650,000 Commercial
Previous Owner $82,000 Credit Line Revolving
Previous Owner $400,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $1,580,000 +22.0% $585 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
11/01/2024 11/01/24 For Sale $1,295,000 -- $480 / 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 $9,597 $718,523 $479,020 $239,503
2024 $9,597 $704,435 $469,628 $234,807
2023 $9,316 $690,623 $460,420 $230,203
2022 $9,087 $677,052 $451,380 $225,672
2021 $8,929 $663,778 $442,530 $221,248
2020 $9,179 $656,974 $437,994 $218,980
2019 $8,886 $644,094 $429,406 $214,688
2018 $8,586 $631,468 $420,988 $210,480
2017 $8,192 $619,088 $412,734 $206,354
2016 $8,031 $606,950 $404,642 $202,308
2015 $7,925 $597,834 $398,564 $199,270
2014 $7,726 $586,126 $390,758 $195,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424077339

San Francisco Association of REALTORS® MLS

APN: 2653-003