$4,525,000
SOLD NOV 30, 2017
12 Beds
-- Bath
6,630 Sq Ft
3,000 Sq Ft Lot

Recently Sold

$683 Per Sq Ft

87 Days on Market

About This Home

As of November 2017

The subject property is an eight-unit mixed-use building located on the corner of Valencia street and 18th Street along the Valencia Street corridor in the Mission District. The building is comprised of two one bedroom units, five two-bedroom units and a large corner retail store of approximately 1,600 square feet plus basement. The property offers an investor a fantastic opportunity to purchase an asset on one of the best retail corners in the entire Mission District. Property is in the soft story retrofit program as a tier IV building.

Last Agent to Sell the Property

Clinton Textor

Marcus & Millichap License #01318639 Listed on: 09/01/2017

Co-Listed By

Nick Bonn

Coldwell Banker Commercial Rea License #01952724

Coldwell Banker Commercial Rea

Last Buyer's Agent

Nick Bonn

Coldwell Banker Commercial Rea License #01952724

Coldwell Banker Commercial Rea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $60,445

Year Built

  • Built in 1923

Lot Details

  • 3,000 Sq Ft Lot

Home Design

  • Mixed Use

Interior Spaces

  • 6,630 Sq Ft Home
  • 3-Story Property

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 3577010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$60,445

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Mixed Use
  • Stories: 3
  • Year Built: 1923
  • Number Commercial Units: 1
  • Special Features: None

Interior Features

  • Number Of Rooms: 27
  • Price Per Square Foot: 682.50
  • Square Footage: 6630.00

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: 3577010
  • Lot Size Acres: 0.0689
  • Lot Size Sq Ft: 3000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 65674891.15
  • Zoning: VALEN

Building Info

  • Number of Units Total: 8

Multi Family

  • Gross Rent Multiplier: 16.50
  • Number of 1 Bedroom Units: 2
  • Number of 2 Bedroom Units: 5

MLS Schools

  • School District County: San Francisco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 29, 2017
Sold by
Trujillo Michael and Adoo Ben Lancy
Bought by
Sf Multfamily 11 Llc
Seller's Agent
Clinton Textor
Marcus & Millichap
Buyer's Agent
Nick Bonn
Coldwell Banker Commercial Rea
List Price
$4,525,000
Sold Price
$4,525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.24%
Original Mortgage
$120,000,000
Outstanding Balance
$101,501,255
Interest Rate
3.94%
Mortgage Type
Unknown
Estimated Equity
-$97,058,516

Purchase Details

Closed on
Feb 19, 2016
Sold by
Lanyadoo Nissim
Bought by
Trujillo Michael and 2016 Nissim Lanyadoo Irrevocable Trust

Purchase Details

Closed on
Apr 28, 2010
Sold by
Lanyadoo Nissim
Bought by
Lanyadoo Nissim and 1999 Nissim Lanyadoo Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,442,000
Interest Rate
4.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2010
Sold by
Singha Naveen
Bought by
Lanyadoo Nissim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
4.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2007
Sold by
Alamanara Investments
Bought by
Singha Naveen

Purchase Details

Closed on
Nov 9, 1994
Sold by
Bulkley Jonathan
Bought by
Almanara Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
8.91%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,525,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Trustee Deed $781,118 None Available
Grant Deed -- Stewart Title Of California
Grant Deed $884,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000,000 Unknown
Closed $120,000,000 Purchase Money Mortgage
Previous Owner $100,000 Commercial
Previous Owner $1,680,000 Commercial
Previous Owner $1,690,000 Commercial
Previous Owner $1,442,000 Commercial
Previous Owner $10,000 Commercial
Previous Owner $3,692,212 Commercial
Previous Owner $1,275,000 Commercial
Previous Owner $300,000 Commercial
Previous Owner $487,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $4,100,000 -9.4% $618 / Sq Ft
11/30/2017 11/30/17 Sold $4,525,000 0.0% $683 / Sq Ft
11/27/2017 11/27/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $4,525,000 -- $683 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $60,445 $5,149,447 $3,089,203 $2,059,468
2024 $60,445 $5,048,688 $3,028,631 $2,019,087
2023 $59,422 $4,948,745 $2,969,247 $1,979,498
2022 $58,297 $4,851,754 $2,911,027 $1,940,685
2021 $57,286 $4,756,642 $2,853,949 $1,902,693
2020 $57,839 $4,707,970 $2,824,686 $1,883,284
2019 $55,866 $4,615,660 $2,769,300 $1,846,360
2018 $27,295 $2,223,699 $1,361,352 $862,347
2017 $37,138 $2,180,101 $1,334,659 $845,442
2016 $41,536 $2,137,358 $1,308,490 $828,868
2015 $33,200 $2,105,257 $1,288,836 $816,421
2014 $25,921 $2,064,022 $1,263,590 $800,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 462061

San Francisco Association of REALTORS® MLS

APN: 3577-010