NOT LISTED FOR SALE

Estimated Value: $1,217,000 - $1,788,000

3 Beds
3 Baths
2,520 Sq Ft
$569/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2024

Last sale price $1,100,000 $437 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,125 / mo

102 Days on Market

Highlights

  • Edwardian Architecture
  • Wood Flooring
  • Security Gate
  • Alamo Elementary School Rated A
  • Patio
  • Central Heating

About This Home

As of January 2024

This property is situated in the prime Central Richmond District featuring a unique configuration of three units within its living space, totaling approximately 2,520 square feet. The standout feature of this property is the full-floor top unit with a spacious living room with fireplace which is designed for comfort and luxury. Adjacent to the living room is a formal dining room that provides an elegant setting for enjoying meals with family and friends. The bright kitchen is well-equipped and with ample countertop space and a breakfast area. The top unit also boasts two well-proportioned bedrooms, providing a comfortable retreat for occupants. The main floor of the property consists of a studio unit and one-bedroom unit, providing more space and privacy for its occupants and additional income for owner occupier. The 2-car garage is rented to tenants at unit 2479 #2. The large Storage room at ground floor with two extra tall windows and high ceiling which can be a valuable potential ADU, providing extra living space and rental income. The property is close to proximity of Geary Street transportation and Clement Street shopping. The prestigious Sea Cliff area is just 2 blocks away. It's a desirable choice for a well-situated property plus extra income and potential.

Last Agent to Sell the Property

Christina Chung

Coldwell Banker Realty License #DRE #00716773 Listed on: 08/25/2023

Coldwell Banker Realty

Last Buyer's Agent

Jeen Choe

Coldwell Banker Realty License #01865731

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 2,069

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Tandem Garage

Home Design

  • Triplex
  • Edwardian Architecture
  • Concrete Foundation
  • Stucco

Interior Spaces

  • 2,520 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Security Gate
  • Free-Standing Electric Range

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating
  • Separate Meters

Additional Features

  • Patio
  • 2,069 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1460-017A

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

2,069 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Architectural Style: Edwardian
  • Property Condition: Original
  • Stories: 3
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Basement: Full
  • Appliances: Free Standing Electric Range, Free Standing Refrigerator
  • Flooring: Tile, Wood
  • Price Per Square Foot: 436.51
  • Square Footage: 2520.00
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Concrete
  • Patio And Porch Features: Uncovered Patio

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage, Tandem Garage
  • Total Parking Spaces: 2.00
  • Independent Parking Spaces: 2

Utilities

  • Heating: Central
  • Security Features: Security Gate
  • Sewer: Sewer Connected
  • Water Source: Meter on Site, Public

Lot Info

  • Assessor Parcel Number: 1460-017A
  • Lot Features: Sidewalk
  • Lot Size Acres: 0.0475
  • Lot Size Sq Ft: 2069.00
  • Lot Size Units: SqFt
  • Price Per Acre: 23157894.74

Rental Info

  • Lease Term: Month To Month
  • Number Of Units Month To Month: 3
  • Units Furnished: None

Building Info

  • Number of Units Total: 3

Multi Family

  • Gross Rent Multiplier: 9.91
  • Gross Income Multiplier: 11.690
  • Number Of1 Bedrooms Occupied: 1
  • Number Of2 Bedrooms Occupied: 1
  • Number of Studio Units: 1
  • Number Of Units Leased: 3
  • Number Studios Occupied: 1
  • Separate Meters: Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2025
Sold by
Lum Glenn Benjamin and Zheng Qing
Bought by
Lum Glenn Benjamin and Zheng Qing
Current Estimated Value
$1,432,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$1,039,148
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$393,667

Purchase Details

Listed on
Aug 25, 2023
Closed on
Jan 22, 2024
Sold by
Toy Real Estate Investment Company I Llc
Bought by
Lum Glenn and Zheng Qing
Seller's Agent
Christina Chung
Coldwell Banker Realty
Buyer's Agent
Christina Chung
Coldwell Banker Realty
List Price
$1,380,000
Sold Price
$1,100,000
Premium/Discount to List
-$280,000
-20.29%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.64%
Original Mortgage
$708,000
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2015
Closed on
Oct 1, 2015
Sold by
Quan Doris
Bought by
Toy Real Estate Investment Company I Llc
Seller's Agent
Wilson Lee
Coldwell Banker Realty
Buyer's Agent
Christina Chung
Coldwell Banker Realty
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.99%
Original Mortgage
$780,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 2004
Sold by
2749 Clement Family Partnership
Bought by
Dong Chai Yip

Purchase Details

Closed on
Sep 28, 1997
Sold by
Dong Chai Yip Revocable Trust and Yip Chai Yip
Bought by
Dong Chai Yip

Purchase Details

Closed on
Aug 28, 1997
Sold by
Dong Chai Yip Revocable Trust and Yip Chai Yip
Bought by
2749 Clement Family Ltd Partnership

Purchase Details

Closed on
Mar 9, 1995
Sold by
Yip Dong Chai
Bought by
Yip Dong Chai
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Lum Glenn Benjamin -- Atlas Title
Lum Glenn $1,100,000 Fidelity National Title Compan
Toy Real Estate Investment Company I Llc $1,300,000 Chicago Title Company
Dong Chai Yip -- --
Dong Chai Yip -- --
2749 Clement Family Ltd Partnership -- --
Yip Dong Chai -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lum Glenn Benjamin $1,040,000
Previous Owner Lum Glenn $708,000
Previous Owner Toy Real Estate Investment Company I Llc $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2024 01/30/24 Sold $1,100,000 -15.3% $437 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
10/25/2023 10/25/23 Price Changed $1,298,000 -5.9% $515 / Sq Ft
08/25/2023 08/25/23 For Sale $1,380,000 +6.2% $548 / Sq Ft
10/09/2015 10/09/15 Sold $1,300,000 0.0% $516 / Sq Ft View Prior Sale
09/10/2015 09/10/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $1,300,000 -- $516 / 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 $18,977 $1,122,000 $785,400 $336,600
2024 $18,977 $1,508,757 $1,056,130 $452,627
2023 $18,561 $1,479,174 $1,035,422 $443,752
2022 $18,167 $1,450,171 $1,015,120 $435,051
2021 $17,852 $1,421,737 $995,216 $426,521
2020 $18,030 $1,407,160 $985,012 $422,148
2019 $17,427 $1,379,570 $965,699 $413,871
2018 $16,863 $1,352,520 $946,764 $405,756
2017 $16,371 $1,326,000 $928,200 $397,800
2016 $16,106 $1,300,000 $910,000 $390,000
2015 $1,946 $107,028 $49,000 $58,028
2014 $1,904 $104,933 $48,041 $56,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 423900394

San Francisco Association of REALTORS®

APN: 1460-017A

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