NOT LISTED FOR SALE
22 Beds
-- Bath
10,888 Sq Ft
0.5 Acres Lot

Sale Details

Date Sold: August 30, 2017

Last sale price $2,145,000 $197 Per Sq Ft

250 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Washer and Dryer
  • 0.5 Acre Lot
  • Laundry Facilities
  • 4-minute walk to River Park

About This Home

As of August 2017

Well maintained 14-unit apartment complex with under market rents. 2 2BD/2BA (900 sf), 6 2BD/1BA (825 sf), and 6 1BD (700 sf), great mix! Updated investment on Waterfront. Walking distance to San Francisco ferry service. Across from River Front Park, bike path, and easy access to Hwy 37 and Mare Island Parkway to Hwy 80. This property has been well managed, fully occupied, with dedicated private street frontage, gating, and back parking lo

Last Agent to Sell the Property

Robert Elam

Elam Property Management License #01871556 Listed on: 12/17/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 21,780 Sq Ft Lot
  • Irregular Lot

Property Views

  • Bay
  • Park or Greenbelt

Home Design

  • 10,888 Sq Ft Home
  • Concrete Foundation
  • Slab Foundation
  • Tar and Gravel Roof

Flooring

  • Wood
  • Carpet

Parking

  • 19 Open Parking Spaces
  • Off-Street Parking

Additional Features

  • Washer and Dryer
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 0055-031-570

Community Details

Overview

  • 2 Buildings
  • 14 Units

Additional Features

  • Laundry Facilities
  • Gross Income $188,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.5 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: Wilson Avenue Exit from Hwy 37. Left at Farragut or Tennessee and Left again on Wilson Court to end.
  • Lot Size Acres: 0.5000
  • CapRate: 5.75
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, LVYN, Wood
  • Price Per Square Foot: 197.01
  • Square Footage: 10888
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • Lot Features: Cul-De-Sac, Shape Irregular
  • Roof: Tar/Gravel
  • View: Bay, Park

Garage/Parking

  • Parking Features: Off Street, Other, Uncovered
  • Number Of Guest Spaces: 2
  • OpenParkingSpaces: 19

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, Washer/Dryer Owned

Lot Info

  • Assessor Parcel Number: 0055-031-570
  • Lot Size Sq Ft: 21780

Building Info

  • Year Built: 1963

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 875 - 1175
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1050 - 1375
  • Number Of1 Bedrooms Occupied: 6
  • Number of 1 Bedroom Units: 6
  • Number Of2 Bedrooms Occupied: 8
  • NumberOfUnitsTotal: 14
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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 List to Sale Price per Sq Ft Prior Sale
08/30/2017 08/30/17 Sold $2,145,000 0.0% $197 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
12/17/2016 12/17/16 For Sale $2,145,000 +89.8% $197 / Sq Ft
08/16/2013 08/16/13 Sold $1,130,000 0.0% $104 / Sq Ft View Prior Sale
08/07/2013 08/07/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $1,130,000 -- $104 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $42,346 $2,463,428 $455,130 $2,008,298
2024 $42,346 $2,416,013 $446,206 $1,969,807
2023 $39,504 $2,370,838 $437,457 $1,933,381
2022 $38,331 $2,325,988 $428,880 $1,897,108
2021 $37,265 $2,280,631 $420,471 $1,860,160
2020 $37,279 $2,264,240 $416,160 $1,848,080
2019 $35,940 $2,220,227 $408,000 $1,812,227
2018 $33,488 $2,176,680 $400,000 $1,776,680
2017 $21,444 $1,206,398 $236,598 $969,800
2016 $13,958 $1,183,120 $231,959 $951,161
2015 $13,818 $1,168,717 $228,475 $940,242
2014 $13,667 $1,149,060 $224,000 $925,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21627611

Bay Area Real Estate Information Services (BAREIS)
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