$4,450,000
SOLD NOV 27, 2024
12 Beds
-- Bath
12,222 Sq Ft
5,876 Sq Ft Lot

Recently Sold

$364 Per Sq Ft

11% Below List Price

301 Days on Market

Highlights

  • Rooftop Deck
  • 1-minute walk to Forest Hill
  • Garden View
  • West Portal Elementary School Rated A-
  • Wood Flooring
  • Tudor Architecture

About This Home

As of November 2024

Court confirmation is set for November 12th, 2024 at 400 McAllister St room 204 at 9:00 AM. 5% minimum overbid. Incredible opportunity to purchase a trophy 12-unit property in the prestigious Forest Hill neighborhood. The property is a beautiful Tudor-style corner building with fine architectural details from the 1920s. The building consists of 10 1-bedroom / 1 bath, 1 2-bedroom / 1 bath and 1 studio unit and an 8-car parking garage. The majority of the units have hardwood floors and great light as the building is detached on all sides. Most of the units have updated kitchens and baths and they all have separate PG&E meters. The heating is through gas wall heaters. The building has a rooftop deck and couple of the bottom floor units have their own deck / patio. Fantastic property in a desirable rental location. The Forest Hill MUNI Metro station is directly adjacent to the property where one can access downtown San Francisco in just 20 minutes.

Last Agent to Sell the Property

Mark Bonn

Compass Commercial License #01008844 Listed on: 11/17/2023

Compass Commercial

Co-Listed By

Mirella Webb

Compass Commercial License #01409540

Last Buyer's Agent

Brandon Chen

Compass License #01883761

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 5,876 Sq Ft Lot
  • Irregular Lot

Parking

  • 8 Car Garage

Home Design

  • Tudor Architecture
  • Concrete Foundation
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 12,222 Sq Ft Home
  • Bay Window
  • Formal Entry
  • Storage
  • Wood Flooring
  • Garden Views

Additional Features

  • Rooftop Deck
  • Separate Meters

Community Details

  • 12 Units
  • Coin Laundry
  • 12 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 2864-001D

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Tudor
  • Property Condition: Varies By Unit
  • Year Built: 1928
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 47
  • Flooring: Varies By Unit, Wood
  • Interior Amenities: Formal Entry, Storage Area(s)
  • Laundry Features: Coin Operated
  • Price Per Square Foot: 364.10
  • Square Footage: 12222.00
  • Window Features: Bay Window(s)

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Concrete
  • Patio And Porch Features: Roof Deck(s), Uncovered Deck
  • Roof: Bitumen
  • View: Garden/Greenbelt, Varies By Unit

Garage/Parking

  • Parking Features: Covered, Garage, Interior Access
  • Total Parking Spaces: 8.00
  • Covered Parking Spaces: 8.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Utilities Expenses: 21425

Lot Info

  • Assessor Parcel Number: 2864-001D
  • Lot Features: Shape Irregular
  • Lot Size Acres: 0.1349
  • Lot Size Sq Ft: 5876.00
  • Lot Size Units: SqFt
  • Price Per Acre: 32987398.07
  • Zoning: RM2

Building Info

  • Number of Units Total: 12

Rental Info

  • Units Furnished: None

Multi Family

  • Gross Rent Multiplier: 11.48
  • Number Of1 Bedrooms Occupied: 11
  • Number of 1 Bedroom Units: 10
  • Number of 2 Bedroom Units: 1
  • Number of Studio Units: 1
  • Number Of Units Leased: 12
  • Number Studios Occupied: 1
  • Separate Meters: Electricity, Gas

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Range of Values:

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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
11/27/2024 11/27/24 Sold $4,450,000 -1.1% $364 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $4,500,000 -5.3% $368 / Sq Ft
07/24/2024 07/24/24 Price Changed $4,750,000 -4.9% $389 / Sq Ft
07/01/2024 07/01/24 For Sale $4,995,000 +12.2% $409 / Sq Ft
06/30/2024 06/30/24 Off Market $4,450,000 -- --
05/29/2024 05/29/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $4,995,000 +12.2% $409 / Sq Ft
04/30/2024 04/30/24 Off Market $4,450,000 -- --
04/01/2024 04/01/24 For Sale $4,995,000 +12.2% $409 / Sq Ft
03/31/2024 03/31/24 Off Market $4,450,000 -- --
03/18/2024 03/18/24 Price Changed $4,995,000 -3.0% $409 / Sq Ft
11/17/2023 11/17/23 For Sale $5,150,000 -- $421 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 423923340

San Francisco Association of REALTORS® MLS