NOT LISTED FOR SALE

289 Chestnut St San Francisco, CA 94133

Telegraph Hill Neighborhood
6 Beds
-- Bath
3,588 Sq Ft
1,655 Sq Ft Lot

Last Sold July 30, 2024

Last sale price $2,827,500 $788 Per Sq Ft

42 Days on Market

Highlights

  • Views of Golden Gate Bridge
  • Midcentury Modern Architecture
  • 4-minute walk to Pioneer Park
  • Garfield Elementary School Rated A-
  • Laundry Facilities

About This Home

As of July 2024

The subject property is a mid-century modern, multifamily apartment building located on Telegraph Hill in San Francisco. The sweeping, bridge-to-bridge views from the units and the roof deck are incredibly rare and enticing. The one-bedroom units have hardwood floors, updated kitchens and bathrooms, ample storage space and forced air heating. Tenants have access to a free laundry room and 4 of the units have a rear deck and outdoor space. There are six, sprinkled storage rooms on the ground floor for the tenants use or for extra rental income. There is also the possibility to add a stacked washer/dryer system to the units if a new owner would like to offer that to tenants. The property has been seismically upgraded to comply with the soft story retrofit ordinance and the fire alarm system has been upgraded to meet the new fire safety code. It is important to note that the roof deck has hosted many Blue Angels viewing parties that have always been a hit for tenants and their guests.

Last Agent to Sell the Property

Clinton Textor

Marcus & Millichap License #01318639 Listed on: 05/31/2024

Last Buyer's Agent

Bradley Lagomarsino

Colliers International License #01058500

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 1,655

Property Views

  • Marina
  • Bay
  • Golden Gate Bridge
  • San Francisco
  • Views of the Bay Bridge
  • Bridge
  • City Lights
  • Mountain

Home Design

  • 3,588 Sq Ft Home
  • Midcentury Modern Architecture

Additional Features

  • 1,655 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 0061-021

Community Details

Building Details

  • 2 Leased Units
  • 4 Vacant Units

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Mid-Century
  • Year Built: 1954
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 18
  • Laundry Features: In Common Area
  • Price Per Square Foot: 788.04
  • Square Footage: 3588.00

Exterior Features

  • View: Bay, Bay Bridge, Bridges, City, City Lights, Golden Gate Bridge, Marina, Mountains, San Francisco

Lot Info

  • Assessor Parcel Number: 0061-021
  • Lot Features: None
  • Lot Size Acres: 0.0380
  • Lot Size Sq Ft: 1655.00
  • Lot Size Units: SqFt
  • Price Per Acre: 74407894.74

Building Info

  • Number of Units Total: 6

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 4
  • Gross Rent Multiplier: 11.66
  • Gross Income Multiplier: 12.790
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 6
  • Number Of Units Leased: 2
  • Separate Meters: Electricity, Gas
  • Total Number Owner Occupied: 1

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
07/30/2024 07/30/24 Sold $2,827,500 -8.8% $788 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $3,100,000 -- $864 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Clinton Textor

    Seller's Agent in 2024

    Clinton Textor

    Marcus & Millichap

    (415) 963-3000

    2 in this area

    32 Total Sales

    Clinton Textor
    Section Image
  • Bradley Lagomarsino

    Buyer's Agent in 2024

    Bradley Lagomarsino

    Colliers International

    (415) 288-7876

    4 in this area

    110 Total Sales

    Bradley Lagomarsino
    Section Image
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424037952

San Francisco Association of REALTORS® MLS
California San Francisco County San Francisco 94133 Telegraph Hill

289 Chestnut St, San Francisco, CA

This home is located at 289 Chestnut St, San Francisco, CA 94133 since 31 May 2024. This property was built in 1954. 289 Chestnut St is a home located in San Francisco County with nearby schools including Garfield Elementary School, Francisco Middle School, and Sts. Peter And Paul K-8.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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