NOT LISTED FOR SALE
8 Beds
2 Baths
6,052 Sq Ft
2,996 Sq Ft Lot

Last Sold May 14, 2021

Last sale price $2,738,400 $452 Per Sq Ft

19 Days on Market

About This Home

As of May 2021

This is a rare opportunity for an investor to own a boutique, well-maintained five-unit multifamily property nestled near the Divisadero Corridor, the historic Haight Ashbury and the Castro. The building has been in the same family since 1974 and shows pride of ownership. There are two 1-bedroom/1-bathroom apartments facing west and three 2-bedroom/1-bathroom apartments facing east, as well as two private garages. The common areas include a lovely deck/garden and laundry room with coin-operated washer and dryer. An investment property of this size, location and condition is rare in Buena Vista/Haight Ashbury. It is a great opportunity for a first-time investor or a group of investors looking to add a gem of a building to their portfolio.

Last Agent to Sell the Property

Tania Toubba

Sotheby's International Realty License #01998867 Listed on: 03/19/2021

Sotheby's International Realty

Last Buyer's Agent

Jennifer Rosdail

KW Advisors License #01349379

KW Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,610

Year Built

  • Built in 1923

Lot Details

  • 2,996 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 6,052 Sq Ft Home

Community Details

  • 5 Units
  • 5 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 261133

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,610

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Year Built: 1923
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 21
  • Price Per Square Foot: 452.48
  • Square Footage: 6052.00

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached
  • Total Parking Spaces: 2.00

Lot Info

  • Assessor Parcel Number: 261133
  • Lot Features: Garden
  • Lot Size Acres: 0.0688
  • Lot Size Sq Ft: 2996.00
  • Lot Size Units: SqFt
  • Price Per Acre: 39802325.58

Building Info

  • Number of Units Total: 5

Rental Info

  • Units Furnished: None

Multi Family

  • Gross Rent Multiplier: 19.30
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 3
  • Number of 2 Bedroom Units: 3
  • Number Of Units Leased: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2007
Sold by
Suncor Holdings Cop Ii Llc
Bought by
Gawfco Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
6.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2005
Sold by
Conocophillips Co
Bought by
Suncor Holdings Cop Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,865
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 1994
Sold by
Bp Exploration & Oil Inc
Bought by
T Northwest Properties Ii Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gawfco Enterprises Inc -- Stewart Title Company
Suncor Holdings Cop Ii Llc -- Commonwealth Title Company
T Northwest Properties Ii Inc -- Stewart Title Company
First Interstate Bank Of California -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gawfco Enterprises Inc $1,960,000
Closed Gawfco Enterprises Inc $2,000,000
Closed Gawfco Enterprises Inc $2,453,582
Closed Gawfco Enterprises Inc $200,000
Closed Gawfco Enterprises Inc $50,000
Closed Gawfco Enterprises Inc $125,000
Closed California Fuel Supply Inc $125,000
Closed Gawfco Enterprises Inc $450,000
Closed Gawfco Enterprises Inc $250,000
Closed Gawfco Enterprises Inc $150,000
Closed Gawfco Enterprises Inc $2,660,000
Closed Gawfco Enterprises Inc $2,250,000
Previous Owner Suncor Holdings Cop Ii Llc $104,865
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $2,738,400 -5.4% $452 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $2,895,000 -- $478 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $47,610 $4,061,482 $3,021,092 $919,455
2024 $47,610 $3,996,884 $2,961,855 $901,427
2023 $46,894 $3,916,811 $2,903,780 $883,752
2022 $46,051 $3,841,363 $2,846,844 $866,424
2021 $45,306 $3,771,029 $2,791,024 $980,005
2020 $44,420 $3,644,630 $2,762,406 $882,224
2019 $42,734 $3,560,180 $2,708,242 $851,938
2018 $41,328 $3,493,483 $2,655,140 $838,343
2017 $40,577 $3,427,873 $2,603,079 $824,794
2016 $39,608 $3,329,070 $2,552,039 $777,031
2015 $39,124 $3,279,070 $2,513,705 $765,365
2014 $38,090 $3,214,844 $2,464,465 $750,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421530453

San Francisco Association of REALTORS® MLS

APN: 1215-015