NOT LISTED FOR SALE
9 Beds
-- Bath
6,210 Sq Ft
4,230 Sq Ft Lot

Sale Details

Date Sold: April 7, 2022

Last sale price $3,650,000 $588 Per Sq Ft

17 Days on Market

Highlights

  • Traditional Architecture
  • 4-minute walk to 24Th St Mission Station
  • Fenced Yard
  • Alvarado Elementary Rated A-
  • Wood Flooring
  • 5-minute walk to Juri Commons

About This Home

As of April 2022

Rarely Available Valencia Corridor Cash Cow with Six refreshed Romeo Flats above basement plus a free standing Single Family Home at rear of lot (house delivered vacant). Property has been meticulously maintained by 20+ year on site owner and generates approx. $20,000 monthly income for the savvy investor - it's truly a turn key investment opportunity. The over sized lot is 36' wide by 117' deep: it fronts on Bartlett and finishes on Orange Alley for the single family + garage access. 4 of the 6 units are currently rented - one front building flat (464 1/2) is vacant and the single family home will be delivered vacant for the new owner. At $535/unit this is a No Brainer for you smart investors with ADU upside as well.

Last Agent to Sell the Property

John DiDomenico

Compass License #DRE #00994893 Listed on: 03/04/2022

Compass

Last Buyer's Agent

Shelly Sutherland

Kindred SF Homes License #DRE #01079918

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • 4,230 Sq Ft Lot
  • Fenced Yard
  • Level Lot

Home Design

  • Traditional Architecture
  • Arts and Crafts Architecture
  • Frame Construction
  • Bitumen Roof

Interior Spaces

  • 6,210 Sq Ft Home
  • 3-Story Property
  • Bay Window
  • Wood Flooring
  • Security Gate
  • Free-Standing Gas Range

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Utilities

  • Separate Meters
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 6530-008

Community Details

Overview

  • 7 Units

Building Details

  • 5 Leased Units
  • 2 Vacant Units
  • 5 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1912 | Remodeled

Lot Details

4,230 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, House(s)
  • Architectural Style: Arts & Crafts, Traditional
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Tankless Water Heater
  • Flooring: Wood
  • Price Per Square Foot: 587.76
  • Square Footage: 6210.00
  • Window Features: Bay Window(s)

Exterior Features

  • Construction Materials: Frame
  • Exterior Features: Fenced Yard
  • Roof: Bitumen

Garage/Parking

  • Carport Spaces: 1.00
  • Parking Features: Attached, Covered, Garage
  • Total Parking Spaces: 1.00
  • Covered Parking Spaces: 1.00
  • Independent Parking Spaces: 1

Utilities

  • Security Features: Security Gate
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 6530-008
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.0971
  • Lot Size Sq Ft: 4230.00
  • Lot Size Units: SqFt
  • Price Per Acre: 37590113.29
  • Topography: Level
  • Zoning: RH3

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity, Gas
  • Number Of Units Month To Month: 5
  • Units Furnished: None

Building Info

  • Number of Units Total: 7

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 15.30
  • One Bedroom Annual Occupancy: 80
  • Number Of1 Bedrooms Occupied: 4
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • Number Of Units Leased: 5
  • Separate Meters: Electricity, Gas
  • Total Number Owner Occupied: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2022 04/07/22 Sold $3,650,000 -2.7% $588 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $3,750,000 -- $604 / 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 $45,872 $3,873,399 $2,711,382 $1,162,017
2024 $45,872 $3,797,453 $2,658,219 $1,139,234
2023 $45,069 $3,722,996 $2,606,098 $1,116,898
2022 $13,216 $1,030,680 $376,158 $654,522
2021 $12,985 $1,010,472 $368,783 $641,689
2020 $13,296 $1,000,112 $365,002 $635,110
2019 $12,861 $980,503 $357,846 $622,657
2018 $12,423 $961,279 $350,830 $610,449
2017 $11,983 $942,431 $343,951 $598,480
2016 $11,763 $923,953 $337,207 $586,746
2015 $11,607 $910,075 $332,142 $577,933
2014 $11,309 $892,249 $325,636 $566,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 422635706

San Francisco Association of REALTORS®
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