NOT LISTED FOR SALE
12 Beds
-- Bath
6,860 Sq Ft
6,000 Sq Ft Lot

Sale Details

Date Sold: November 15, 2019

Last sale price $2,825,000 $412 Per Sq Ft

90 Days on Market

Highlights

  • Contemporary Architecture
  • 12 Car Garage
  • Wood Siding
  • Alamo Elementary School Rated A
  • Coin Laundry
  • 3-minute walk to Rochambeau Playground

About This Home

As of November 2019

365 and 375 24th Avenue are two adjoining 6 Unit buildings operated and being sold as a package. (parcel numbers 1409/015 & 1409/016). There are 4 2bd, 4 1bd, 4 studios, and parking for 12 cars. This is a unique opportunity to purchase at a very low price per square foot in an excellent Richmond District Location. The sellers have recently completed the soft-story retrofit and are in the process of implementing the Rent Board pass-through. The units are separately metered for gas and electricity. There is coin-operated laundry on-site. The two buildings share an adjoining interior courtyard from which all of the units are accessed. There are no interior hallways, so square footage is maximized and maintenance costs are reduced. With over 110% upside in rents this is a tremendous opportunity for an investor to add-value and improve these assets.

Last Agent to Sell the Property

Adam Filly

Compass Commercial License #DRE #01354775 Listed on: 07/12/2019

Compass Commercial

Last Buyer's Agent

Adam Filly

Compass Commercial License #DRE #01354775 Listed on: 07/12/2019

Compass Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,000 Sq Ft Lot

Home Design

  • 6,860 Sq Ft Home
  • Contemporary Architecture
  • Frame Construction
  • Tar and Gravel Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Parking

  • 12 Car Garage
  • 12 Open Parking Spaces

Utilities

  • Wall Furnace
  • Separate Meters

Community Details

  • 12 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1409015

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Contemporary
  • Year Built: 1959
  • Special Features: None
  • Stories: 0

Interior Features

  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 411.81
  • Square Footage: 6860.00

Exterior Features

  • Construction Materials: Frame, Wood
  • Foundation: Concrete Perimeter
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 12.00
  • Independent Parking Spaces: 12

Utilities

  • Heating: Wall Furnace

Lot Info

  • Assessor Parcel Number: 1409015
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 20515613.65

Rental Info

  • Tenant Pays: Electricity, Gas

Building Info

  • Number of Units Total: 12

Multi Family

  • Gross Rent Multiplier: 14.49
  • Number of Studio Units: 4
  • 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

Closed on
Apr 29, 2025
Sold by
Bought by

Purchase Details

Listed on
Jul 12, 2019
Closed on
Nov 15, 2019
Sold by
Bought by
Seller's Agent
Adam Filly
Compass Commercial
Buyer's Agent
Adam Filly
Compass Commercial
List Price
$2,825,000
Sold Price
$2,825,000

Purchase Details

Closed on
Nov 20, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2017
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
$219,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central Richmond, CA

See All Agents

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
-- Chicago Title Company
-- None Available
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- None Available
-- --
-- --
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 $219,000
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
11/15/2019 11/15/19 Sold $2,825,000 0.0% $412 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $2,825,000 -- $412 / 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 $19,044 $1,561,702 $1,081,340 $463,430
2024 $19,044 $1,514,482 $1,060,138 $454,344
2023 $19,192 $1,484,787 $1,039,351 $445,436
2022 $18,232 $1,455,674 $1,018,972 $436,702
2021 $17,915 $1,427,133 $998,993 $428,140
2020 $18,304 $1,413,310 $988,750 $424,560
2019 $9,027 $650,808 $297,138 $353,670
2018 $8,790 $638,064 $291,312 $346,752
2017 $8,395 $625,575 $285,604 $339,971
2016 $8,223 $613,326 $280,004 $333,322
2015 $8,108 $604,127 $275,799 $328,328
2014 $7,905 $592,310 $270,397 $321,913
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS®

MLS Number: 487207

San Francisco Association of REALTORS®
Your Personal Tour Guide

Ask me questions while you tour the home.