NOT LISTED FOR SALE

Estimated Value: $2,137,000 - $2,462,000

8 Beds
8 Baths
6,720 Sq Ft
$338/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $2,100,000 $312 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,991/month

33 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Fireplace
  • Westmoor High School Rated A-
  • Den
  • 3 Car Attached Garage

About This Home

As of November 2022

NO rent control! Investors? Make this income producing triplex a welcome addition to your real estate investment portfolio! An 8BR/7.5BA was built in 1991 on the boundary of Daly City and San Francisco. Close to transportation, dining, shopping, schools, freeways, supermarkets, train station, and airport. The building is handicap accessible. Stunning city views on the third floor, 3BR/2.5BA with fireplace, and 0BR/1BA with kitchenette; Spacious second floor units 3BR/1.5BA and 2BR/1.5BA. Ground floor has a small office and a full basement. One of the three rooms in the garage is a studio with a kitchen/bath, a ton of storage, and access to the backyard. The other two rooms share a bathroom. Every unit has a washer and dryer, and a separate utility meter paid for by the tenant. All units are fully rented and on time rent payments.

Last Agent to Sell the Property

Carolynn Bernabe

Twelve Pillars Realty License #01415767 Listed on: 09/15/2022

Last Buyer's Agent

Lei Wu

Hestia Real Estate Inc. License #02075546

Hestia Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1991

Lot Details

  • 4,099 Sq Ft Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 6,720 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Den
  • City Lights Views
  • Microwave
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $160,800
  • Month-to-Month Lease Term
  • Renewal Option

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $2,500
  • Maintenance Expense $1,200
  • Other Expense $1,500
  • Utility Expense $3,000
  • Trash Expense $1,200
  • Operating Expense $26,687
  • Gross Income $162,000

Property Details

Home Type

Multi-Family

Year Built

1991

Lot Details

0

Parking

3

Listing Details

  • Zoning: R30000
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 6720
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1991

Interior Features

  • Kitchen: Appliances - Vary By Unit, Microwave, Refrigerator, Varies By Unit
  • Living Sq Ft: 6720
  • Stories: 3
  • Security: Fire Alarm, Fire System - Sprinkler, Video / Audio System
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Office Area

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • View: City Lights

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking, On Street, Parking Area

Utilities

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

Lot Info

  • Lot Acres: 0.0941
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4100.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written, Less Than 1 Yr, Month To Month, Renewal Option, Security Deposit
  • Gross Rent Multiplier: 13.52
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities
  • Expense Insurance: 2500
  • Expense Maintenance: 1200
  • Expenses Other: 1500
  • Expenses Total: 26687
  • Expenses Utility: 3000
  • Expense Trash: 1200
  • Income Annual Gross: 162000.00
  • Income Annual Rental: 160800
  • Income Gross Scheduled: 162000
  • Income Includes: Improvements, Mgrs Unit Rental, Rents
  • Income Other: 1200
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Accounting/Legal, Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance, Maintenance - Repair, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Maintenance - Interior, Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 25, 2022
Sold by
Bove Jose and Bove Maria Nieves
Bought by
Liang-An Family Trust
Seller's Agent
Carolynn Bernabe
Twelve Pillars Realty
Buyer's Agent
Lei Wu
Hestia Real Estate Inc.
List Price
$2,190,000
Sold Price
$2,100,000
Premium/Discount to List
-$90,000
-4.11%
Views
34
Current Estimated Value
$2,271,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,667
Avg. Annual Appreciation
2.50%

Purchase Details

Closed on
Jun 5, 2021
Sold by
Bove Maria Nieves
Bought by
Bove Jose and Bove Maria Nieves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2011
Sold by
Bove Maria Nieves and Coronado Juan M
Bought by
Bove Maria Nieves

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,463
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2003
Sold by
Ma Anna and Shing Corey
Bought by
Bove Maria Nieves and Coronado Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
5.79%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 15, 2000
Sold by
Ma Anna and Ma Richard S
Bought by
Ma Anna and Shing Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
8.5%

Purchase Details

Closed on
Sep 8, 2000
Sold by
Ramon Lei and Chan Grace
Bought by
Ma Anna and Ma Richard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
8.5%

Purchase Details

Closed on
Aug 31, 2000
Sold by
Kim Helen
Bought by
Chan Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
8.5%
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
Liang-An Family Trust $2,100,000 Chicago Title
Bove Jose -- Old Republic Title
Bove Maria Nieves $367,500 Chicago Title Company
Bove Maria Nieves $920,000 Chicago Title Co
Bove Maria Nieves -- Chicago Title Co
Ma Anna -- --
Ma Anna $740,000 Chicago Title Insurance Co
Yu James Sai Ying -- Chicago Title Insurance Co
Chan Richard -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bove Jose $635,000
Previous Owner Bove Maria Nieves $608,463
Previous Owner Bove Maria Nieves $588,000
Previous Owner Ma Anna $555,000
Closed Bove Maria Nieves $110,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2022 11/02/22 Sold $2,100,000 -4.1% $313 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $2,190,000 -- $326 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $25,484 $2,184,840 $1,040,400 $1,144,440
2023 $25,484 $2,100,000 $1,000,000 $1,100,000
2022 $17,697 $1,213,314 $606,657 $606,657
2021 $17,287 $1,189,526 $594,763 $594,763
2020 $17,249 $1,177,330 $588,665 $588,665
2019 $15,845 $1,154,246 $577,123 $577,123
2018 $15,550 $1,131,616 $565,808 $565,808
2017 $15,384 $1,109,430 $554,715 $554,715
2016 $15,022 $1,087,680 $543,840 $543,840
2015 $14,349 $1,071,344 $535,672 $535,672
2014 $13,817 $1,050,360 $525,180 $525,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81907380

MLSListings

APN: 004-031-210