NOT LISTED FOR SALE
12 Beds
-- Bath
9,437 Sq Ft
10,500 Sq Ft Lot

Sale Details

Date Sold: December 30, 2024

Last sale price $2,775,000 $294 Per Sq Ft

161 Days on Market

About This Home

As of December 2024

479 & 485 Cheney Avenue are two multi family buildings on separate lots being operated and sold as one 12 unit property. They are nearly identical 6 unit buildings with all one bedroom units, connected by a shared driveway and gated backyard/parking lot. The units have all been renovated with updated kitchens and bathrooms while maintaining period details including living room built-ins, hardwood floors, and lovely clawfoot bathtubs. The bedrooms are ample sized, and all the units boast huge closets, additional storage and great natural light. 479 Cheney Ave. houses the laundry room (2 washers/2 dryers) for both buildings with exterior access from the backyard. The units are all separately metered for gas and electricity and have their own water heaters. Tenants pay for their own gas heat.

Last Agent to Sell the Property

Daniel McGue

Coldwell Banker Commercial Rea License #DRE #00656579 Listed on: 07/22/2024

Coldwell Banker Commercial Rea

Last Buyer's Agent

Christopher Salazar

EXP Realty of California, Inc License #02194921

EXP Realty of California, Inc
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 10,500 Sq Ft Lot

Parking

  • 1 Car Garage
  • 10 Open Parking Spaces
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • 9,437 Sq Ft Home

Community Details

  • 12 Units
  • 12 Leased Units

Listing and Financial Details

  • Assessor Parcel Number 011-0837-078

Property Details

Home Type

Multi-Family

Lot Details

10,500 Sq Ft Lot

Parking

1

Listing Details

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

Interior Features

  • Price Per Square Foot: 294.06
  • Square Footage: 9437.00

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Garage Door Opener, Off Street
  • Total Parking Spaces: 11.00
  • Independent Parking Spaces: 10

Lot Info

  • Assessor Parcel Number: 011-0837-078
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.2410
  • Lot Size Sq Ft: 10500.00
  • Lot Size Units: SqFt
  • Price Per Acre: 11514522.82

Building Info

  • Number of Units Total: 12

Rental Info

  • Units Furnished: None

Multi Family

  • Gross Rent Multiplier: 8.99
  • Number Of1 Bedrooms Occupied: 12
  • Number Of Units Leased: 12

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
Jul 22, 2024
Closed on
Nov 5, 2024
Sold by
Bought by
Seller's Agent
Daniel McGue
Coldwell Banker Commercial Rea
Buyer's Agent
Christopher Salazar
EXP Realty of California, Inc
List Price
$3,070,000
Sold Price
$2,775,000
Premium/Discount to List
-$295,000
-9.61%
Views
4

Purchase Details

Closed on
Oct 22, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,387,500 Old Republic Title Company
-- --
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
Open $1,675,000
Previous Owner $2,000,000
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
12/30/2024 12/30/24 Sold $2,775,000 -9.6% $294 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $3,070,000 -- $325 / Sq Ft
Source: San Francisco Association of REALTORS®

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
2026 $23,626 $1,415,250 $428,400 $986,850
2025 $23,626 $1,387,500 $420,000 $967,500
2024 $17,440 $947,012 $255,565 $691,447
2023 $18,055 $928,450 $250,556 $677,894
2022 $17,209 $910,248 $245,644 $664,604
2021 $15,916 $892,405 $240,829 $651,576
2020 $15,804 $889,168 $238,361 $650,807
2019 $14,857 $871,852 $233,688 $638,164
2018 $14,538 $854,877 $229,107 $625,770
2017 $13,814 $838,328 $224,616 $613,712
2016 $13,439 $822,013 $220,213 $601,800
2015 $13,361 $809,761 $216,907 $592,854
2014 $13,888 $794,020 $212,659 $581,361
Source: Public Records

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 424051494

San Francisco Association of REALTORS®
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