Tonya Colton
Notable Real Estate
(925) 396-4568
75 Total Sales
1 in Outer Richmond
$1,576,000 Price
495 32nd Ave San Francisco, CA 94121
Outer Richmond Neighborhood
20
Beds
--
Bath
20,400
Sq Ft
5,750
Sq Ft Lot
Highlights
- 5 Car Garage
- Heating System Uses Steam
- 4-minute walk to Lincoln Park Playground
- Alamo Elementary School Rated A
About This Home
As of August 2025The Del Rey Apartments offer a unique chance to own a prime property in the highly desirable Richmond District. This stately corner building features 12 exceptionally spacious, house-like units, ideal for rentals or TIC conversions. The property includes 8 2bd/2ba, 3 1bd units, and 1 Penthouse. Seven units will be delivered vacant, providing immediate flexibility for new owners. The size and scale of these units are rare for San Francisco, with each featuring large separate living and dining rooms offering opportunities to expand bedroom counts or remodel with modern finishes and amenities. Many units enjoy panoramic views of the Richmond District, Golden Gate Bridge. The building showcases classic period details including hardwood floors, built-in cabinetry, and timeless architectural elements. Additionally, the building is serviced by an elevator, enhancing convenience for tenants. The garage provides parking for 5 cars, and a large basement offers ideal storage space for tenants or owners. Currently, the electrical system is being upgraded to 400 amps with new panels and breakers, ensuring the property is equipped for modern living. Tremendous opportunity for contractors or developers with an appreciation and understanding of this asset's tremendous potential.
Last Agent to Sell the Property
Compass Commercial License #DRE #01354775 Listed on: 09/19/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 5,750 Sq Ft Lot
Parking
- 5 Car Garage
Home Design
- Concrete Foundation
Interior Spaces
- 20,400 Sq Ft Home
- 5-Story Property
Utilities
- Heating System Uses Steam
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 1464-011
Community Details
Overview
- 12 Units
Building Details
- 5 Leased Units
- 7 Vacant Units
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
Sep 19, 2024
Closed on
Aug 6, 2025
Sold by
Bought by
Seller's Agent
Adam Filly
Compass Commercial
Buyer's Agent
Adam Filly
Compass Commercial
List Price
$5,800,000
Sold Price
$4,800,000
Premium/Discount to List
-$1,000,000
-17.24%
Views
100
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,873,000
Outstanding Balance
$52,405,179
Interest Rate
6.74%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Outer Richmond, CA
-
Tonya Colton
-
Wendy Newman
Wendy Newman
Wesely & Associates
(510) 606-9462
24 Total Sales
1 in Outer Richmond
$808,000 Price
-
Chuck Barberini
Chuck Barberini
Century21 Masters
(925) 396-7308
46 Total Sales
1 in Outer Richmond
$1,225,000 Price
-
Hebe Li
Hebe Li
The Agency
(650) 459-5752
98 Total Sales
1 in Outer Richmond
$1,915,000 Price
-
Eileen Townsend
Eileen Townsend
Compass
(628) 250-3928
71 Total Sales
1 in Outer Richmond
$1,950,000 Price
-
Dan Dodd
Dan Dodd
Vanguard Properties
(628) 400-0348
93 Total Sales
2 in Outer Richmond
$2.5M - $2.6M Price Range
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 |
|---|---|---|---|
| -- | Old Republic Title |
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 | $52,873,000 |
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 |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Sold | $4,800,000 | -17.2% | $235 / Sq Ft |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 04/02/2025 04/02/25 | For Sale | $5,800,000 | +20.8% | $284 / Sq Ft |
| 03/31/2025 03/31/25 | Off Market | $4,800,000 | -- | -- |
| 03/17/2025 03/17/25 | For Sale | $5,800,000 | 0.0% | $284 / Sq Ft |
| 02/06/2025 02/06/25 | Pending | -- | -- | -- |
| 09/19/2024 09/19/24 | For Sale | $5,800,000 | -- | $284 / 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 |
|---|---|---|---|---|
| 2025 | $28,220 | $2,328,750 | $884,171 | $1,441,219 |
| 2024 | $28,220 | $2,279,795 | $866,835 | $1,412,960 |
| 2023 | $27,670 | $2,235,094 | $849,839 | $1,385,255 |
| 2022 | $27,112 | $2,191,270 | $833,176 | $1,358,094 |
| 2021 | $26,642 | $2,148,305 | $816,840 | $1,331,465 |
| 2020 | $27,354 | $2,127,118 | $808,465 | $1,318,653 |
| 2019 | $26,448 | $2,085,427 | $792,613 | $1,292,814 |
| 2018 | $25,530 | $2,044,554 | $777,072 | $1,267,482 |
| 2017 | $24,940 | $2,004,482 | $761,836 | $1,242,646 |
| 2016 | $24,512 | $1,965,196 | $746,899 | $1,218,297 |
| 2015 | $24,184 | $1,935,690 | $735,680 | $1,200,010 |
| 2014 | $23,555 | $1,897,790 | $721,270 | $1,176,520 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Filly
Seller's Agent in 2025
Adam Filly
Compass Commercial
(415) 516-9843
7 in this area
114 Total Sales
Map
Source: San Francisco Association of REALTORS®
MLS Number: 424066875
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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