NOT LISTED FOR SALE
Studio
-- Baths
4,525 Sq Ft
1,875 Sq Ft Lot

Sale Details

Date Sold: February 11, 2022

Last sale price $1,400,000 $309 Per Sq Ft

41 Days on Market

Highlights

  • Edwardian Architecture
  • 2-minute walk to 16Th Street Mission Station
  • Formal Entry
  • Hoover (Herbert) Middle School Rated A-
  • Wood Flooring
  • 4-minute walk to Kid Power Park

About This Home

As of February 2022

61 Capp St. is a four-unit building in the Mission District that will be delivered vacant. This unique opportunity provides the new owner with the flexibility to finish the units and select tenants to their own satisfaction. The property also offers TIC potential for the savvy developer. These four large studio+ apartments with separate dining rooms have wood floors, built-in cabinets, and receive great natural light. There is a large garage that can fit two cars in tandem or one car plus lots of storage space. ​On the rear of the lot is a separate structure which may offer potential to add an ADU. The units are separately metered for gas and electricity. This is an excellent opportunity for both first-time and seasoned investors to buy at a low price point in one of the city's hottest rental locations. Wonderfully bright and large 1 Bedroom / 1 Bath / 1 Parking. Buyer to do their own due diligence on square footage.

Last Agent to Sell the Property

Joske Thompson

Compass License #DRE #00843865 Listed on: 10/18/2021

Compass

Last Buyer's Agent

Joske Thompson

Compass License #DRE #00843865 Listed on: 10/18/2021

Compass
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 1,875 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Edwardian Architecture
  • Fixer Upper

Interior Spaces

  • 4,525 Sq Ft Home
  • 3-Story Property
  • Formal Entry

Flooring

  • Wood
  • Linoleum

Utilities

  • Floor Furnace
  • Heating System Uses Gas

Community Details

  • 4 Units
  • 4 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 3553-042

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

1,875 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Architectural Style: Edwardian
  • Property Condition: Fixer, Original
  • Levels: Three
  • Year Built: 1932
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Linoleum, Wood
  • Interior Amenities: Formal Entry
  • Price Per Square Foot: 309.39
  • Square Footage: 4525.00

Garage/Parking

  • Garage Spaces: 2.00
  • Covered Parking Spaces: 2.00
  • Tandem Parking Spaces: 2

Utilities

  • Heating: Floor Furnace, Gas
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 3553-042
  • Lot Features: None
  • Lot Size Acres: 0.0430
  • Lot Size Sq Ft: 1875.00
  • Lot Size Units: SqFt
  • Price Per Acre: 32558139.53

Building Info

  • Number of Units Total: 4

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 4
  • Gross Rent Multiplier: 1400000.00
  • Number of Studio Units: 4
  • Total Number Leasable: 4

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

Closed on
Sep 22, 2022
Sold by
Tc-2022-01-Ca Llc
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,244,850
Outstanding Balance
$1,193,099
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2021
Closed on
Feb 8, 2022
Sold by
Picaso Robert M
Bought by
Tc2022-01-Ca Llc
Seller's Agent
Joske Thompson
Compass
Buyer's Agent
Joske Thompson
Compass
List Price
$1,650,000
Sold Price
$1,400,000
Premium/Discount to List
-$250,000
-15.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,468,400
Interest Rate
3.56%
Mortgage Type
New Conventional
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
-- Fidelity National Title
Tc2022-01-Ca Llc $1,400,000 Fidelity National 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 $1,244,850
Closed Maymon Tomer $360,000
Previous Owner Tc2022-01-Ca Llc $1,468,400
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
02/11/2022 02/11/22 Sold $1,400,000 -15.2% $309 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $1,650,000 -- $365 / 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 $18,964 $1,516,402 $1,212,322 $303,080
2025 $18,408 $1,485,690 $1,188,552 $297,138
2024 $18,408 $1,456,560 $1,165,248 $291,312
2023 $18,000 $1,428,000 $1,142,400 $285,600
2022 $23,471 $1,896,379 $1,327,465 $568,914
2021 $24,474 $1,859,196 $1,301,437 $557,759
2020 $23,308 $1,840,133 $1,288,093 $552,040
2019 $22,889 $1,804,053 $1,262,837 $541,216
2018 $21,771 $1,769,040 $1,238,076 $530,964
2017 $21,222 $1,734,360 $1,213,800 $520,560
2016 $1,683 $78,963 $19,296 $59,667
2015 $1,406 $77,784 $19,007 $58,777
2014 $1,378 $76,268 $18,635 $57,633
Source: Public Records

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421601701

San Francisco Association of REALTORS®

APN: 3553-042

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