$1,780,000
SOLD MAY 15, 2025
7 Beds
-- Bath
3,392 Sq Ft
1,647 Sq Ft Lot

Recently Sold

$525 Per Sq Ft

6% Below List Price

79 Days on Market

Highlights

  • Downtown View
  • 2-minute walk to Market And Laguna/Guerrero
  • Balcony
  • Traditional Architecture
  • Wood Flooring
  • 3-minute walk to SoMa West Dog Park

About This Home

As of May 2025

Discover an exceptional investment opportunity at 28-32 Elgin Park in San Francisco's vibrant Mint Hill neighborhood. This well-maintained multi-family property, built in 1908, comprises four turnkey units, each thoughtfully updated in recent years to blend historic charm with modern conveniences. Unit Configuration: The front building features three full-floor flats, each offering 2 bedrooms, while a charming, free-standing rear cottage provides additional living space. Modern Updates: All units have been recently renovated, ensuring a move-in-ready experience for tenants and maximizing rental potential. Spacious Layout: Collectively, the property boasts a generous 3,392 square feet of living space, providing comfortable accommodations across all units. Prime Location: Situated near the Valencia Corridor, Hayes Valley, and Market Street, residents enjoy easy access to a plethora of shopping, dining, and transportation options. Historic Appeal: Period details such as high ceilings and classic architectural elements have been preserved, adding to the property's unique character. The property presents a compelling opportunity for investors seeking a stable income stream and is poised to attract discerning tenants and provide long-term value.

Last Agent to Sell the Property

Mark Bonn

Compass Commercial License #01008844 Listed on: 02/01/2025

Compass Commercial

Co-Listed By

Mirella Webb

Compass Commercial License #01409540

Last Buyer's Agent

Moshe Fogel

Agam Real Estate License #02162146

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908 | Remodeled

Home Design

  • Quadruplex
  • Traditional Architecture

Interior Spaces

  • 3,392 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Bay Window
  • Wood Flooring
  • Downtown Views
  • Security Gate
  • Dishwasher
  • Unfinished Basement

Additional Features

  • Balcony
  • 1,646 Sq Ft Lot

Community Details

  • 4 Units
  • Coin Laundry
  • 4 Leased Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 3502-074

Property Details

Home Type

Multi-Family

Year Built

Built in 1908 | Remodeled

Lot Details

1,646 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments, Flats, House(s)
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Levels: Three
  • Stories: 3
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Appliances: Dishwasher, Free Standing Refrigerator
  • Flooring: Varies By Unit, Wood
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 524.76
  • Square Footage: 3392.00
  • Window Features: Bay Window(s)

Exterior Features

  • Patio And Porch Features: Balcony/Deck
  • View: City, City Lights, Downtown

Utilities

  • Heating: Fireplace(s)
  • Security Features: Security Gate
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Utilities Expenses: 6500

Lot Info

  • Assessor Parcel Number: 3502-074
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.0378
  • Lot Size Sq Ft: 1646.00
  • Lot Size Units: SqFt
  • Price Per Acre: 47089947.09
  • Zoning: RH3

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Electricity, Gas
  • Units Furnished: None

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Rent Multiplier: 10.75
  • Gross Income Multiplier: 11.500
  • Number Of1 Bedrooms Occupied: 1
  • Number Of2 Bedrooms Occupied: 3
  • Number Of Units Leased: 4

MLS Schools

  • School District County: San Francisco
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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
05/15/2025 05/15/25 Sold $1,780,000 -6.3% $525 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
02/01/2025 02/01/25 For Sale $1,900,000 -- $560 / Sq Ft
Source: San Francisco Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 425007999

San Francisco Association of REALTORS®
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