Seller's Agent in 2022
Adam Filly
Compass Commercial
(415) 516-9843
5 in this area
109 Total Sales
538 3rd Ave San Francisco, CA 94118
Inner Richmond Neighborhood
10
Beds
1
Bath
4,328
Sq Ft
2,997
Sq Ft Lot
Highlights
- 6 Car Garage
- Coin Laundry
- 4-minute walk to Angelo J. Rossi Park
- New Traditions Elementary School Rated A
About This Home
As of September 2022538 3rd Avenue is a six-unit apartment building in the Inner Richmond. Constructed in 1964, the building consists of 4 two-bedrooms and 2 one-bedrooms. The garage and pad at the rear of the building accommodate parking for six cars. The apartments are separately metered for gas and electricity, keeping operating expenses low. Three of the units will be delivered vacant at close of escrow, allowing a new owner to perform upgrades and select tenants at their discretion. The property is compliant with the San Francisco Soft-Story Ordinance. Many of the windows have been upgraded to double pane windows over the years. Overall the property has been maintained to a high standard.Priced to sell at 13.8 GRM & 4.8% Cap Rate!
Last Agent to Sell the Property
Compass Commercial License #01354775 Listed on: 07/15/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 2,996 Sq Ft Lot
Home Design
- 4,328 Sq Ft Home
- Bitumen Roof
Parking
- 6 Car Garage
- 6 Open Parking Spaces
Utilities
- Wall Furnace
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 1545-041
Community Details
Building Details
- 3 Leased Units
- 3 Vacant Units
Additional Features
- 6 Units
- Coin Laundry
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2022 09/22/22 | Sold | $2,600,000 | -1.9% | $601 / Sq Ft |
| 07/21/2022 07/21/22 | Pending | -- | -- | -- |
| 07/15/2022 07/15/22 | For Sale | $2,650,000 | -- | $612 / 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 | $32,454 | $2,705,040 | $1,623,024 | $1,082,016 |
| 2024 | $32,454 | $2,652,000 | $1,591,200 | $1,060,800 |
| 2023 | $1,986 | $64,728 | $28,238 | $36,490 |
| 2022 | $4,136 | $254,017 | $110,832 | $143,185 |
| 2021 | $4,088 | $251,100 | $108,660 | $142,440 |
| 2020 | $4,423 | $248,550 | $107,547 | $141,003 |
| 2019 | $4,299 | $243,718 | $105,439 | $138,279 |
| 2018 | $4,149 | $238,984 | $103,374 | $135,610 |
| 2017 | $3,809 | $234,342 | $101,349 | $132,993 |
| 2016 | $3,700 | $229,835 | $99,386 | $130,449 |
| 2015 | $3,642 | $226,415 | $97,894 | $128,521 |
| 2014 | $3,557 | $222,021 | $95,977 | $126,044 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Filly
-
Timothy Warren
Buyer's Agent in 2022
Timothy Warren
NAI Northern California
(510) 336-4719
1 in this area
44 Total Sales
Map
Source: San Francisco Association of REALTORS®
MLS Number: 422679079
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