NOT LISTED FOR SALE

350 25th Ave San Francisco, CA 94121

Central Richmond Neighborhood

Estimated Value: $1,831,000 - $2,212,000

8 Beds
8 Baths
4,394 Sq Ft
$454/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2024

Last sale price $1,900,000 $432 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,232 / mo

25 Days on Market

Highlights

  • Downtown View
  • Contemporary Architecture
  • Engineered Wood Flooring
  • Alamo Elementary School Rated A
  • Vaulted Ceiling
  • 3-minute walk to Rochambeau Playground

About This Home

As of September 2024

Discover an exceptional investment at 350 25th Avenue in Central Richmond. This stunning property features three spacious units, each with natural light, modern amenities, and unique layouts. The top floor, Unit 3, tenant-occupied, boasts a huge 4-bed, 2.5-bath full-floor flat w/ a living room w/ fireplace, dining room w/ vaulted ceilings, a spacious kitchen, in-unit laundry, a rear patio off the primary bedroom, and four skylights. The middle level has two units: Unit 1, rear and tenant-occupied, has 2 beds, 1.5 baths, a living room, dining room, kitchen, and in-unit laundry in a closet. Unit 2, front and vacant, offers 2 beds, 1.5 baths, a living/dining combo, kitchen, and in-unit laundry in a closet (no appliances installed). The lower level includes a bonus 1-bedroom, 1-bathroom unit with a living/dining combo and kitchenette, with buyers to verify original construction. The property also features a 3-car independent parking garage. With one 2-bed, 1.5-bath unit delivered vacant, this property offers excellent rental income potential , ideal for investors and IRC 1031 exchanges. Located near top schools, vibrant Clement, Geary, and California streets with amenities, restaurants, and shopping, it's also close to the Presidio, Golden Gate Park, VA Hospital, & Kaiser. Don't Miss

Last Agent to Sell the Property

Peter Fong

Compass License #00553105 Listed on: 08/01/2024

Compass

Co-Listed By

Timothy Fong

Compass License #01458366

Last Buyer's Agent

Annette Liberty

Coldwell Banker Realty License #DRE #00997798

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 3,000 Sq Ft Lot
  • Fenced Yard

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Garage Door Opener

Home Design

  • Triplex
  • Contemporary Architecture
  • Bitumen Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,394 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Storage
  • Downtown Views
  • Apartment Living Space in Basement
  • Security Gate

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry closet
  • Washer and Dryer

Outdoor Features

  • Patio

Utilities

  • Central Heating
  • Baseboard Heating
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Assessor Parcel Number 1409-034

Community Details

Overview

  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

3,000 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Architectural Style: Contemporary
  • Year Built: 1994
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Apartment In Basement
  • Appliances: Dishwasher, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Microwave
  • Flooring: Carpet, Simulated Wood, Tile, Vinyl
  • Interior Amenities: Skylight(s), Storage Area(s), Vaulted Ceiling(s)
  • Laundry Features: In Each Unit, Laundry Closet, Washer/Dryer Hookups, Washer/Dryer Owned
  • Price Per Square Foot: 432.41
  • Square Footage: 4394.00

Exterior Features

  • Construction Materials: Stucco, Vinyl Siding
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Concrete Perimeter
  • Patio And Porch Features: Uncovered Patio
  • Roof: Bitumen
  • View: Downtown

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Attached, Covered, Garage Door Opener, Interior Access
  • Total Parking Spaces: 3.00
  • Independent Parking Spaces: 3

Utilities

  • Heating: Baseboard, Central, Fireplace(s), Varies By Unit
  • Security Features: Double Strapped Water Heater, Security Gate
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 1409-034
  • Lot Features: None
  • Lot Size Acres: 0.0689
  • Lot Size Sq Ft: 3000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 27576197.39

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Number Of Units Month To Month: 2
  • Units Furnished: None

Building Info

  • Number of Units Total: 3

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 23.35
  • Number Of2 Bedrooms Occupied: 1
  • Number Of4 Bedrooms Occupied: 1
  • Number Of4 Bedroom Units: 1
  • Number Of Units Leased: 2
  • Separate Meters: Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Aug 30, 2024
Sold by
Wong Family Trust and Wong Joseph C
Bought by
Mui/Wang Family Revocable Trust and Wang
Seller's Agent
Peter Fong
Compass
Buyer's Agent
Annette Liberty
Coldwell Banker Realty
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%
Views
206
Current Estimated Value
$1,995,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,594
Avg. Annual Appreciation
3.20%

Purchase Details

Closed on
Mar 12, 2012
Sold by
Wong Joseph C Y and Wong Pauline D
Bought by
Wong Joseph C Y and Wong Pauline D

Purchase Details

Closed on
Feb 23, 2010
Sold by
Wong Joseph C and Wong Pauline
Bought by
Wong Joseph C Y and Wong Pauline D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
4.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2009
Sold by
Wong Joseph C Y and Wong Pauline D
Bought by
Wong Joseph C Y and Wong Pauline D

Purchase Details

Closed on
Apr 6, 2001
Sold by
Li Guo Chun
Bought by
Wong Joseph C Y and Wong Pauline D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2000
Sold by
Nan Lin
Bought by
Li Guo Chun

Purchase Details

Closed on
Jul 7, 1998
Sold by
Gan Jian Ying
Bought by
Gan Jian Ying and Huang Hao

Purchase Details

Closed on
Apr 24, 1995
Sold by
Yvette Properties Inc
Bought by
Lin Nan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.44%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mui/Wang Family Revocable Trust -- Fidelity National Title
Wong Joseph C Y -- None Available
Wong Joseph C Y -- Fidelity National Title Co
Wong Joseph C Y -- None Available
Wong Joseph C -- Fidelity National Title Co
Wong Joseph C Y -- None Available
Wong Joseph C Y $1,070,000 Old Republic Title Company
Li Guo Chun $473,000 --
Gan Jian Ying -- --
Lin Nan $800,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wong Joseph C $537,000
Previous Owner Wong Joseph C Y $750,000
Previous Owner Lin Nan $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $1,900,000 -2.6% $432 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $1,950,000 -- $444 / 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 $19,820 $1,612,311 $967,389 $644,922
2024 $19,820 $1,580,698 $948,421 $632,277
2023 $19,392 $1,549,705 $929,825 $619,880
2022 $18,983 $1,519,320 $911,594 $607,726
2021 $18,653 $1,489,530 $893,720 $595,810
2020 $18,735 $1,474,257 $884,556 $589,701
2019 $18,103 $1,445,351 $867,212 $578,139
2018 $17,523 $1,417,011 $850,208 $566,803
2017 $17,022 $1,389,228 $833,538 $555,690
2016 $16,757 $1,361,990 $817,195 $544,795
2015 $16,554 $1,341,532 $804,920 $536,612
2014 $16,127 $1,315,254 $789,153 $526,101
Source: Public Records

Agents Affiliated with this Home

  • Peter Fong

    Seller's Agent in 2024

    Peter Fong

    Compass

    (415) 999-6516

    4 in this area

    57 Total Sales

    Peter Fong
    Section Image
  • Timothy Fong

    Seller Co-Listing Agent in 2024

    Timothy Fong

    Compass

    (415) 660-9955

    7 in this area

    97 Total Sales

    Timothy Fong
    Section Image
  • Annette Liberty

    Buyer's Agent in 2024

    Annette Liberty

    Coldwell Banker Realty

    (415) 407-3667

    1 in this area

    49 Total Sales

    Annette Liberty
    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 424051462

San Francisco Association of REALTORS®

APN: 1409-034

California San Francisco County San Francisco 94121 Central Richmond

350 25th Ave, San Francisco, CA

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