NOT LISTED FOR SALE
8 Beds
4 Baths
2,762 Sq Ft
1,729 Sq Ft Lot

Sale Details

Date Sold: October 31, 2024

Last sale price $1,835,000 $664 Per Sq Ft

19 Days on Market

Highlights

  • 4 Car Attached Garage
  • 1-minute walk to Church And 29Th Street
  • 2-minute walk to Upper Noe Recreation Center
  • Forced Air Heating System
  • Coin Laundry

About This Home

As of October 2024

Private Open House - exclusively for serious buyers! Call 650.867.1128 for any questions. Great investor opportunity w/high cash flow! Welcome to this well-maintained 4-unit apartment building in the heart of the desirable Noe Valley district. Each of the four spacious units features 2B and 1B, with some units offering skylit bathrooms that fill the space with natural light. All units are tenant-occupied with reliable, on-time rent payments, ensuring stable and consistent cash flow for investors. The property offers modern conveniences, including individual water and PG&E meters for each unit, along with a fifth meter for the building's common areas. Additional features include a coin-operated laundry room that provides extra revenue, a large garage on the first floor with ample storage space for tenant convenience, and a security camera system for added peace of mind. The owner has also completed earthquake retrofitting, enhancing the property's safety and value. Located in vibrant Noe Valley, steps away from a variety of boutique shops, fantastic restaurants, cozy cafes, urban parks, and a lively town square, offering the best of city living. This is a great investment opportunity with good cash flow potential in one of San Francisco's most sought-after neighborhoods!

Last Agent to Sell the Property

Wen Guo RE Group

KW Advisors License #70010161 Listed on: 09/27/2024

Last Buyer's Agent

Felicia Fong

Sotheby's International Realty License #02202753

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 1,729

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 2,762 Sq Ft Home
  • 2-Story Property

Additional Features

  • 1,729 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $144,708

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $3,965
  • Maintenance Expense $3,319
  • Other Expense $820
  • Utility Expense $673
  • Trash Expense $1,864
  • Operating Expense $31,211
  • Gross Income $144,732

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

1,729 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: RM1
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2762
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 2762
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0397
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1729.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1729.00

Rental Info

  • Gross Rent Multiplier: 11.31
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3965
  • Expense Maintenance: 3319
  • Expenses Other: 820
  • Expenses Total: 31211
  • Expenses Utility: 673
  • Expense Trash: 1864
  • Income Annual Gross: 144732.00
  • Income Annual Rental: 144708
  • Income Gross Scheduled: 149208
  • Income Includes: Laundry, Parking
  • Income Other: 4500
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Association, Fee - Property Management, Fee - Property Tax, Maintenance, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 3

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 27, 2024
Closed on
Oct 28, 2024
Sold by
Bought by
Seller's Agent
Wen Guo RE Group
KW Advisors
Buyer's Agent
Felicia Fong
Sotheby's International Realty
List Price
$1,688,000
Sold Price
$1,835,000
Premium/Discount to List
$147,000
8.71%
Views
17

Purchase Details

Closed on
Jul 12, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 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
$883,750
Interest Rate
0.0638%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 19, 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
$883,750
Interest Rate
0.0638%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 25, 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
$883,750
Interest Rate
0.0638%
Mortgage Type
Negative Amortization
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- First American Title
$1,500,000 Cornerstone Title Company
-- Fidelity National Title Co
$1,250,000 Fidelity National Title Co
-- 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
Closed $883,750
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
10/31/2024 10/31/24 Sold $1,835,000 +8.7% $664 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $1,688,000 -- $611 / Sq Ft
Source: MLSListings

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 $22,985 $1,839,480 $1,284,500 $550,500
2024 $22,985 $1,847,232 $1,108,279 $738,852
2023 $22,511 $1,811,035 $1,086,549 $724,365
2022 $22,046 $1,775,535 $1,065,245 $710,162
2021 $21,664 $1,740,779 $1,044,358 $696,421
2020 $21,959 $1,723,389 $1,033,650 $689,739
2019 $21,224 $1,689,611 $1,013,383 $676,228
2018 $20,507 $1,656,495 $993,513 $662,982
2017 $19,973 $1,624,028 $974,033 $649,995
2016 $19,649 $1,592,198 $954,935 $637,263
2015 $19,401 $1,568,292 $940,591 $627,701
2014 $16,821 $1,360,628 $679,994 $680,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81981304

MLSListings
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