NOT LISTED FOR SALE
6 Beds
5 Baths
4,920 Sq Ft
2,879 Sq Ft Lot

Last Sold October 09, 2020

Last sale price $3,098,000 $630 Per Sq Ft

12 Days on Market

Highlights

  • Wood Flooring
  • 4 Car Detached Garage
  • Washer and Dryer
  • Argonne Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of October 2020

Handsome 4 unit, corner building in the desirable Richmond neighborhood. 2 remodeled units (3 beds/3 baths each) with one vacancy, 1 one bedroom unit (Dining room is being used as a 2nd bedroom) and 1 two bedroom unit. Remodeled units have tankless water heaters, and own heating systems. 5 private garages and 4 storage units. PERMIT APPROVED plans to build 4 (yes, 4) additional ADUs! Underground tank has been removed, new exterior paint done in August 2020. Turn key property with so much more upside to gain. Plans and bids are provided. An ideal location near public transportation, USF, neighborhood commercial, GG Park, and easy access to downtown, the Marina, Sunset District and Marin County.

Last Agent to Sell the Property

Samantha Competente

Compass License #01372566 Listed on: 09/11/2020

Last Buyer's Agent

Tessie Figueroa

K&K Homes Realty License #01350923

K&K Homes Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1922

Lot Details

  • 2,879 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,920 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Washer and Dryer

Utilities

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

Listing and Financial Details

  • Total Actual Rent $180,071

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $2,800
  • Maintenance Expense $3,500
  • Utility Expense $3,660
  • Operating Expense $45,936
  • Gross Income $176,470

Property Details

Home Type

Multi-Family

Year Built

1922

Lot Details

0

Parking

4

Listing Details

  • Zoning: RH2
  • Subclass: Fourplex
  • Age: 98
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 4920
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Hardwood

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Francisco Unified

Lot Info

  • Lot Acres: 0.0661
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2879.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2879.00

Rental Info

  • Existing Lease Term(s): Lease(s), Month To Month
  • Gross Rent Multiplier: 16.65
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2800
  • Expense Maintenance: 3500
  • Expenses Total: 45936
  • Expenses Utility: 3660
  • Income Annual Gross: 176470.00
  • Income Annual Rental: 180071
  • Income Gross Scheduled: 180071
  • Income Includes: Parking, Rents, Storage Area
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

Range of Values:

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List Price
Sold Price
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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
10/09/2020 10/09/20 Sold $3,098,000 +3.3% $630 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $2,998,000 +23.4% $609 / Sq Ft
03/01/2018 03/01/18 Sold $2,430,000 0.0% $494 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $2,430,000 -- $494 / 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: ML81810395

MLSListings

APN: 1629-012A