NOT LISTED FOR SALE
36 Beds
-- Bath
26,754 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: December 23, 2014

Last sale price $13,600,000 $508 Per Sq Ft

63 Days on Market

Highlights

  • City Lights View
  • 0.29 Acre Lot
  • Wood Flooring
  • Hoover (Herbert) Middle School Rated A-
  • Contemporary Architecture
  • 1-minute walk to Alioto Mini Park

About This Home

As of December 2014

Colliers International is pleased to present 3440 20th Street, San Francisco for purchase. This modern thirty nine unit apartment building has been well-maintained and offers the investor an opportunity to purchase an asset with extraordinary income upside potential in one of San Francisco's most vibrant districts.

Last Agent to Sell the Property

Bradley Lagomarsino

Colliers International License #DRE #01058500 Listed on: 09/29/2014

Co-Listed By

James Devincenti

Colliers International License #00951916

Last Buyer's Agent

Joe Giovara

Joseph William Giovara License #01449059

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 12,513 Sq Ft Lot

Parking

  • 37 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 26,754 Sq Ft Home
  • City Lights Views

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Baseboard Heating
  • Separate Meters

Community Details

  • 39 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number 3595048

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Contemporary
  • Year Built: 1965
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 508.34
  • Square Footage: 26754.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Foundation: Slab
  • Roof: Bitumen
  • View: City Lights

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 37.00

Utilities

  • Heating: Baseboard, Electric

Lot Info

  • Assessor Parcel Number: 3595048
  • Lot Size Acres: 0.2873
  • Lot Size Sq Ft: 12513.00
  • Lot Size Units: SqFt
  • Price Per Acre: 47337278.11
  • Zoning: RTO-MISSION

Building Info

  • Number of Units Total: 39

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 14.73
  • Number of Studio Units: 9
  • Separate Meters: Electricity, Gas

MLS Schools

  • School District County: San Francisco

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2014
Closed on
Dec 22, 2014
Sold by
Bought by
Seller's Agent
Bradley Lagomarsino
Colliers International
Buyer's Agent
Joe Giovara
Joseph William Giovara
List Price
$13,600,000
Sold Price
$13,600,000

Purchase Details

Closed on
Feb 20, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000,000
Interest Rate
4.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,596,830
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
-- Old Republic Title Company
$34,475,000 Old Republic Title Company
-- Alliance Title Company
$4,150,000 Old Republic Title Company
-- First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $40,000,000
Previous Owner $54,596,830
Previous Owner $2,900,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2014 12/23/14 Sold $13,600,000 0.0% $508 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
09/29/2014 09/29/14 For Sale $13,600,000 -- $508 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $224,526 $18,799,667 $9,807,096 $8,948,891
2024 $212,003 $17,925,655 $9,614,800 $8,310,855
2023 $208,423 $17,574,174 $9,426,275 $8,147,899
2022 $205,289 $17,229,586 $9,241,447 $7,988,139
2021 $183,475 $15,347,637 $9,060,243 $6,287,394
2020 $186,005 $15,190,270 $8,967,342 $6,222,928
2019 $179,667 $14,892,424 $8,791,512 $6,100,912
2018 $172,610 $14,524,418 $8,619,130 $5,905,288
2017 $168,534 $14,088,857 $8,450,128 $5,638,729
2016 $81,034 $6,607,104 $3,961,076 $2,646,028
2015 $79,948 $6,507,939 $3,901,577 $2,606,362
2014 $77,854 $6,380,562 $3,825,151 $2,555,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 426072

San Francisco Association of REALTORS®
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