NOT LISTED FOR SALE

361 2nd Ave San Francisco, CA 94118

Inner Richmond Neighborhood
14 Beds
-- Bath
7,190 Sq Ft
5,998 Sq Ft Lot

Last Sold August 13, 2021

Last sale price $3,210,000 $446 Per Sq Ft

70 Days on Market

About This Home

As of August 2021

Well located 8 unit property in the Inner Richmond, one of the most popular neighborhoods in San Francisco. Constructed in 1964, this property consists of two buildings on one large lot. The unit mix includes 1 two bed + den/two bath unit, 5 two bed/one bath units & 2 one bed/one bath units. Two of the units are individual flats located in the 361-363 2nd Avenue building. The upper flat is excellent for an owner occupied home. It consists of a spacious living/dining room, 2 bedrooms, den/study, kitchen with eat-in nook, laundry room, & a full bonus room with access to rear yard. The other six units are in the adjacent 365 2nd Avenue building. There are 3 garage parking spaces & 5 uncovered parking spaces. There are separate gas furnaces in each flat in 361-363 2nd Avenue. There are electric wall & baseboards heaters in the apartments at 365 2nd Avenue. Tenants pay their own PG&E. The buildings are not on the soft story list. Huge upside in the rents. There is development/ADU potential.

Last Agent to Sell the Property

Daniel McGue

Coldwell Banker Commercial Rea License #00656579 Listed on: 05/07/2021

Coldwell Banker Commercial Rea

Last Buyer's Agent

Lawrence Ng

Premier Realty Associates License #01336005

Premier Realty Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,998 Sq Ft Lot

Parking

  • 3 Car Garage
  • 5 Carport Spaces

Interior Spaces

  • 7,190 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1434012

Community Details

Overview

  • 8 Units

Building Details

  • 3 Leased Units
  • 5 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Flats
  • Stories: 2
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Number Of Rooms: 31
  • Price Per Square Foot: 446.45
  • Square Footage: 7190.00

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 3.00
  • Parking Features: Covered
  • Total Parking Spaces: 8.00

Lot Info

  • Assessor Parcel Number: 1434012
  • Lot Features: None
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 5998.00
  • Lot Size Units: SqFt
  • Price Per Acre: 23311546.84
  • Zoning: RM-1

Rental Info

  • Tenant Pays: Electricity, Gas
  • Units Furnished: None

Building Info

  • Number of Units Total: 8

Multi Family

  • Number Of Units Vacant: 5
  • Gross Rent Multiplier: 16.50
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 6
  • Number Of Units Leased: 3

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
08/13/2021 08/13/21 Sold $3,210,000 -5.0% $446 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $3,380,000 -12.9% $470 / Sq Ft
05/07/2021 05/07/21 For Sale $3,880,000 -- $540 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniel McGue

    Seller's Agent in 2021

    Daniel McGue

    Coldwell Banker Commercial Rea

    (415) 229-1218

    3 in this area

    61 Total Sales

    Daniel McGue
    Section Image

  • L

    Buyer's Agent in 2021

    Lawrence Ng

    Premier Realty Associates

    (510) 708-9931

    1 in this area

    5 Total Sales

    Lawrence Ng
    Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421547196

San Francisco Association of REALTORS® MLS
California San Francisco County San Francisco 94118 Inner Richmond

361 2nd Ave, San Francisco, CA

This home is located at 361 2nd Ave, San Francisco, CA 94118 since 07 May 2021. This property was built in 1964. 361 2nd Ave is a home located in San Francisco County with nearby schools including George Peabody Elementary, Roosevelt Middle School, and Presidio Hill 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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