NOT LISTED FOR SALE

2389 16th Ave San Francisco, CA 94116

Inner Parkside Neighborhood

Estimated Value: $1,624,000 - $1,865,000

4 Beds
4 Baths
3,800 Sq Ft
$469/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $2,025,000 $533 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $11,312/month

10 Days on Market

About This Home

As of March 2022

The property consists of two bldgs on one parcel, consisting of 4 one-bedrooms and two commercial spaces occupied by a barber shop and a law office. There are four parking spaces. Located on the main commercial strip of Taraval St. Well maintained in an excellent location with rental income upside through remodel and unit turnover.

Last Agent to Sell the Property

Bradley Lagomarsino

Colliers International License #01058500 Listed on: 01/25/2022

Co-Listed By

Dustin Dolby

Colliers International License #01963487

Last Buyer's Agent

Dustin Dolby

Colliers International License #01963487

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,820 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 3,800 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 2345-A018

Community Details

Overview

  • 6 Units

Building Details

  • 5 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Lot Details

2,820 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Number Commercial Units: 2
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 532.89
  • Square Footage: 3800.00

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Lot Info

  • Assessor Parcel Number: 2345-A018
  • Lot Features: None
  • Lot Size Acres: 0.0647
  • Lot Size Sq Ft: 2820.00
  • Lot Size Units: SqFt
  • Price Per Acre: 31298299.85
  • Zoning: NCD

Building Info

  • Number of Units Total: 6

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 15.72
  • Number Of1 Bedrooms Occupied: 3
  • Number Of Units Leased: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Mar 16, 2022
Sold by
Rina Shapleton Irrevocable Trust
Bought by
Pacific Villa Properties Llc
Seller's Agent
Bradley Lagomarsino
Colliers International
Buyer's Agent
Dustin Dolby
Colliers International
List Price
$2,025,000
Sold Price
$2,025,000
Current Estimated Value
$1,784,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$240,936
Avg. Annual Appreciation
-3.21%
Original Mortgage
$1,025,000
Outstanding Balance
$956,922
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$827,142

Purchase Details

Closed on
Jul 8, 2021
Sold by
Khachatrian Simon and Khachatrian Alla
Bought by
16Th Ave Property Llc

Purchase Details

Closed on
Jan 17, 2018
Sold by
Shapelton George
Bought by
Shapelton Llc

Purchase Details

Closed on
Sep 20, 2017
Sold by
Shapleton George
Bought by
Shapleton George

Purchase Details

Closed on
Oct 4, 2002
Sold by
Khachatrian Simon and Khachatrian Alla
Bought by
Khachatrian Simon and Khachatrian Alla

Purchase Details

Closed on
Aug 30, 2002
Sold by
Shapleton Vicki
Bought by
Shapleton George

Purchase Details

Closed on
Nov 2, 1998
Sold by
Khachatrian and Alla
Bought by
Khachatrian Simon and Khachatrian Alla

Purchase Details

Closed on
Jul 2, 1998
Sold by
Kosoy Anatoly
Bought by
Khachatrian Simon and Khachatrian Alla

Purchase Details

Closed on
Jun 17, 1998
Sold by
Dubrovsky Josif and Dubrovsky Bella
Bought by
Kosoy Anatoloy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pacific Villa Properties Llc $2,025,000 Old Republic Title
16Th Ave Property Llc -- None Available
Shapelton Llc -- None Available
Shapleton George -- None Available
Khachatrian Simon -- --
Shapleton George -- Old Republic Title Company
Khachatrian Simon -- Old Republic Title Company
Khachatrian Simon -- --
Khachatrian Simon $162,000 First American Title Co
Kosoy Anatoly -- First American Title Co
Kosoy Anatoloy $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific Villa Properties Llc $1,025,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $2,025,000 0.0% $533 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $2,025,000 -- $533 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $25,469 $2,148,945 $1,289,367 $859,578
2024 $25,469 $2,106,810 $1,264,086 $842,724
2023 $25,091 $2,065,500 $1,239,300 $826,200
2022 $8,127 $633,774 $181,753 $452,021
2021 $7,978 $621,351 $178,191 $443,160
2020 $8,177 $614,984 $176,366 $438,618
2019 $7,903 $602,927 $172,909 $430,018
2018 $7,627 $591,108 $169,520 $421,588
2017 $7,239 $579,521 $166,198 $413,323
2016 $7,089 $568,160 $162,941 $405,219
2015 $6,992 $559,630 $160,496 $399,134
2014 $6,807 $548,671 $157,354 $391,317
Source: Public Records

Agents Affiliated with this Home

  • Bradley Lagomarsino

    Seller's Agent in 2022

    Bradley Lagomarsino

    Colliers International

    (415) 288-7876

    1 in this area

    108 Total Sales

    Bradley Lagomarsino
    Section Image
  • Dustin Dolby

    Seller Co-Listing Agent in 2022

    Dustin Dolby

    Colliers International

    (510) 301-3292

    1 in this area

    96 Total Sales

    Dustin Dolby
    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 422623887

San Francisco Association of REALTORS®

APN: 2345A-018

California San Francisco County San Francisco 94116 Inner Parkside

2389 16th Ave, San Francisco, CA

Not Listed for Sale

MultiFamily

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