NOT LISTED FOR SALE

331 Cortland Ave San Francisco, CA 94110

Bernal Heights Neighborhood
4 Beds
-- Bath
3,146 Sq Ft
1,860 Sq Ft Lot

Last Sold September 19, 2022

Last sale price $1,895,000 $602 Per Sq Ft

49 Days on Market

Highlights

  • Solar Power System
  • Edwardian Architecture
  • Double Pane Windows
  • Hoover (Herbert) Middle School Rated A-
  • Bay Window
  • 4-minute walk to Holly Park

About This Home

As of September 2022

Located in the highly sought after Cortland corridor, this 3-unit Edwardian w/2 bldgs on one lot is perfect for the boutique investor or live/work space with side of income. Property is in excellent condition with fully built-out air-conditioned and ADA compliant commercial unit on street level (Tenant--More Mojo Chiropractor-- pays $4500/month-2 years remaining + 5 yr option). Vacant upstairs 3bd/2ba offers flex for next owner and was most recently used as neighborhood light commercial space. Vacant 1 bd/1 ba 2-story updated cottage w/excellent privacy and storage out back. Solar panels for each unit offer low utility cost. Current owner completed significant structural and system upgrades. Walk to restaurants, shops, library, parks and all that gives Bernal Heights its sweet village-y appeal. Easy access to transportation and freeway as well. 96-walk score; Projected GRM: 13.7 based on projected $138,000 Gross Annual Income;5.7% scheduled cap rate based on projected NOI @$108,000

Last Agent to Sell the Property

Meryl Bennan

BarbCo License #01988493 Listed on: 06/16/2022

Last Buyer's Agent

Steven Gerry

Compass Commercial License #01926878

Compass Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 1,860 Sq Ft Lot
  • Zero Lot Line

Home Design

  • Triplex
  • Edwardian Architecture
  • Mixed Use
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,146 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Bay Window
  • Window Screens
  • Security Gate

Additional Features

  • Solar Power System
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5667-014

Community Details

Overview

  • 3 Units

Building Details

  • 1 Leased Unit
  • 2 Vacant Units
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments, Flats, Mixed Use
  • Architectural Style: Edwardian
  • Property Condition: Updated/Remodeled
  • Accessibility Features: Varies By Unit
  • Levels: Two
  • Stories: 2
  • Year Built: 1915
  • Number Commercial Units: 1
  • Special Features: None

Interior Features

  • Basement: Storage Area
  • Number Of Rooms: 11
  • Appliances: Varies By Unit
  • Flooring: Varies By Unit
  • Price Per Square Foot: 602.35
  • Square Footage: 3146.00
  • Window Features: Bay Window(s), Dual Pane Partial, Window Screens

Exterior Features

  • Construction Materials: Wood
  • Foundation: Concrete Perimeter

Utilities

  • Cooling: Varies By Unit
  • Heating: Central
  • Security Features: Security Gate
  • Utilities: Solar
  • Water Source: Public

Fee Information

  • Utilities Expenses: 1904

Lot Info

  • Assessor Parcel Number: 5667-014
  • Lot Features: Zero Lot Line, None
  • Lot Size Acres: 0.0427
  • Lot Size Sq Ft: 1860.00
  • Lot Size Units: SqFt
  • Price Per Acre: 44379391.10

Rental Info

  • Lease Term: Varies By Unit
  • Number Of Units Month To Month: 1
  • Units Furnished: None

Building Info

  • Number of Units Total: 3

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 13.73
  • 1 Bedroom Rent Range: 2500-3100
  • Three Bedroom Rent Range: 4000-4500
  • Number of 1 Bedroom Units: 1
  • Number of 3 Bedroom Units: 1
  • Number Of Units Leased: 1
  • Number Studios Occupied: 1
  • Total Number Leasable: 2

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
09/19/2022 09/19/22 Sold $1,895,000 0.0% $602 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $1,895,000 -- $602 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Meryl Bennan

    Seller's Agent in 2022

    Meryl Bennan

    BarbCo

    (415) 637-7059

    5 in this area

    120 Total Sales

    Meryl Bennan
    Section Image
  • Steven Gerry

    Buyer's Agent in 2022

    Steven Gerry

    Compass Commercial

    (415) 890-0704

    3 in this area

    51 Total Sales

    Steven Gerry
    Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 422666103

San Francisco Association of REALTORS® MLS

APN: 5667-014

California San Francisco County San Francisco 94110 Bernal Heights

331 Cortland Ave, San Francisco, CA

This home is located at 331 Cortland Ave, San Francisco, CA 94110 since 16 June 2022. This property was built in 1915. 331 Cortland Ave is a home located in San Francisco County with nearby schools including Serra (Junipero) Elementary School, Hoover (Herbert) Middle School, and Katherine Michiels School.

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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