NOT LISTED FOR SALE

Estimated Value: $1,446,651

4 Beds
3 Baths
4,776 Sq Ft
$303/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $1,300,000 $272 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,207/month

28 Days on Market

Highlights

  • Under Construction
  • 3-minute walk to Market And Castro
  • 2-minute walk to Eureka Valley Recreation Center and Park

About This Home

As of February 2023

*severe fire damage* We are pleased to present 458-460 Castro St, a fire damaged three unit mixed use building in the heart of the Castro with approved plans and permits to rebuild. The property features ground floor retail that housed one of the premier sushi restaurants in the City and will be delivered vacant. The ground floor has the least amount of damage. The top floor was a two bedroom, one bathroom with formal dining and living rooms paying $1,588/month and the tenant has told the seller they will be returning to the building once the project is complete. The second floor apartment is an identical floor plan to the middle floor, but will be delivered vacant. The upstairs units feature bay window bays in the front and high ceilings. There is a large backyard in the rear. The plans as permitted are enclosed in this offering. This will be one of the best rehabilitation projects offered this year.

Last Agent to Sell the Property

Joe Levy

Compass Commercial License #DRE #01932439 Listed on: 11/18/2022

Compass Commercial

Co-Listed By

Sebastian Gaetani

Marcus & Millichap License #01964305

Last Buyer's Agent

Gary Sayed

No Longer a Participant License #50908124

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900 | Under Construction

Lot Details

  • 3,057 Sq Ft Lot

Home Design

  • Fixer Upper
  • Mixed Use

Interior Spaces

  • 4,776 Sq Ft Home
  • 3-Story Property

Listing and Financial Details

  • Assessor Parcel Number 2647-009

Community Details

Overview

  • 3 Units

Building Details

  • 1 Leased Unit
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Subtype Description: Mixed Use
  • Property Condition: Fixer, Under Construction
  • Levels: Three
  • Year Built: 1900
  • Number Commercial Units: 1
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 272.19
  • Square Footage: 4776.00

Lot Info

  • Assessor Parcel Number: 2647-009
  • Lot Features: None
  • Lot Size Acres: 0.0702
  • Lot Size Sq Ft: 3057.00
  • Lot Size Units: SqFt
  • Price Per Acre: 18518518.52

Building Info

  • Number of Units Total: 3

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 2
  • Number Of2 Bedrooms Occupied: 1
  • Number Of Units Leased: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jan 13, 2023
Sold by
Kung Peter
Bought by
458 Castro Llc
Seller's Agent
Joe Levy
Compass Commercial
Buyer's Agent
Gary Sayed
No Longer a Participant
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Views
42
Current Estimated Value
$1,446,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,651
Avg. Annual Appreciation
3.72%
Original Mortgage
$750,000
Outstanding Balance
$725,555
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$721,096

Purchase Details

Closed on
Dec 13, 1994
Sold by
Lin Hsueh Wei
Bought by
Kung Charles

Purchase Details

Closed on
May 4, 1994
Sold by
Lee Shiow Mei
Bought by
Kung Peter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
458 Castro Llc $1,300,000 Lawyers Title
Kung Charles -- Old Republic Title Company
Kung Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 458 Castro Llc $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2023 02/22/23 Sold $1,300,000 0.0% $272 / Sq Ft
12/31/2022 12/31/22 Off Market $1,300,000 -- --
12/16/2022 12/16/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $1,250,000 -- $262 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $6,365 $1,352,520 $1,149,642 $202,878
2024 $6,365 $300,296 $105,068 $195,228
2023 $6,155 $294,408 $103,008 $191,400
2022 $5,958 $288,637 $100,989 $187,648
2021 $5,798 $282,978 $99,009 $183,969
2020 $5,935 $280,077 $97,994 $182,083
2019 $4,932 $274,586 $96,073 $178,513
2018 $4,765 $269,203 $94,190 $175,013
2017 $4,395 $263,926 $92,344 $171,582
2016 $4,279 $258,752 $90,534 $168,218
2015 $4,209 $254,867 $89,175 $165,692
2014 $4,104 $249,876 $87,429 $162,447
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 422708551

San Francisco Association of REALTORS®

APN: 2647-009