NOT LISTED FOR SALE
8 Beds
4 Baths
3,500 Sq Ft
1,873 Sq Ft Lot

Last Sold March 16, 2018

Last sale price $2,730,000 $780 Per Sq Ft

15 Days on Market

Highlights

  • Edwardian Architecture
  • Wood Flooring
  • Laundry Room
  • Alvarado Elementary Rated A-
  • Security Gate
  • 4-minute walk to Juri Commons

About This Home

As of March 2018

Tucked quietly away in the bustling Mission district sits 501-507 Bartlett Street, a well-maintained Edwardian fourplex just three-blocks from 24th St Mission BART, and one-block from several Google bus stops. With a Walk Score of 98 out of 100, the best of Inner Mission awaits Arizmendi, Philz Coffee, and La Taqueria are all a short walk away. Even the everyday essentials like Walgreens, banks, and BART are nearby. The building has undergone significant capital improvements and features four remodeled two-bedroom units. Three of the four units are tenant occupied while the fourth unit will be ready for immediate owner-occupancy or can be rented out at market rent for additional income.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 01/30/2018

Keller Williams Realty

Last Buyer's Agent

David Cohen

City Real Estate License #01447526

Property Details

Home Type

  • Multi-Family

Year Built

  • 1907

Lot Details

  • 1,873 Sq Ft Lot

Home Design

  • Quadruplex
  • Edwardian Architecture
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Security Gate

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $161,993
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $3,864
  • Maintenance Expense $4,000
  • Other Expense $389
  • Utility Expense $2,976
  • Trash Expense $1,301
  • Operating Expense $39,256
  • Gross Income $157,133

Property Details

Home Type

Multi-Family

Year Built

1907

Lot Details

0

Listing Details

  • Zoning: RTO-M
  • Subclass: Fourplex
  • Style: Edwardian
  • Age: 111
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1907

Interior Features

  • Living Sq Ft: 3500
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar And Gravel
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: No Parking

Utilities

  • Heating System: Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Security Gate

Schools

  • School District: San Francisco Unified

Lot Info

  • Lot Acres: 0.0430
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1875.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1875.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 13.58
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3864
  • Expense Maintenance: 4000
  • Expenses Other: 389
  • Expenses Total: 39256
  • Expenses Utility: 2976
  • Expense Trash: 1301
  • Income Annual Gross: 157133.00
  • Income Annual Rental: 161993
  • Income Gross Scheduled: 161993
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Insurance, Maintenance - Repair, Reserve Fund, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water
  • Vacancy Factor: 3

Range of Values:

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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 Change Sq Ft Price
03/16/2018 03/16/18 Sold $2,730,000 +24.1% $780 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $2,200,000 -- $629 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81690430

MLSListings