NOT LISTED FOR SALE
9 Beds
-- Bath
5,910 Sq Ft
7,500 Sq Ft Lot

Last Sold February 04, 2022

Last sale price $2,757,477 $467 Per Sq Ft

69 Days on Market

Highlights

  • 0.17 Acre Lot
  • 1-minute walk to 19Th Ave & Randolph St
  • Fenced Yard
  • Ortega (Jose) Elementary School Rated A
  • Engineered Wood Flooring
  • 6 Car Attached Garage

About This Home

As of February 2022

720-730 Randolph St is a 9-unit multifamily investment property located in the Ingleside Heights Neighborhood of San Francisco, CA near San Francisco State University & The City College of San Francisco. The property is comprised of 2 buildings totaling 5,910 SF building and is situated on a 7,500 SF lot. The property is comprised of nine 1-bedroom, 1-bathroom units that have walk-in closets in the bedrooms. 2 of the units also feature walk-in closets off the Livingroom that offer potential to reconfigure and/or expand the living space. The buildings are separated by a landscaped courtyard that offers tenants a great outdoor space. The property also features 6 secure garage spaces with high ceilings that offers the potential opportunity for accessory dwelling unit conversions. Several of the units have had modest upgrades, but have never undergone a full renovation. The Current income is approximately 20% below market rate offering the opportunity to increase the NOI by nearly 45%.

Last Agent to Sell the Property

Keith Manson

Cushman & Wakefield License #01490046 Listed on: 10/28/2021

Co-Listed By

Zachary Greenwood

Cushman & Wakefield License #01960296

Last Buyer's Agent

Maryam Omer

License #02082734

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,500 Sq Ft Lot
  • Fenced Yard

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Garden Apartment
  • Flat Roof Shape
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,910 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Free-Standing Freezer

Flooring

  • Engineered Wood
  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • 9 Units
  • 9 Leased Units

Listing and Financial Details

  • Tenant pays for electricity, gas, parking fee
  • Assessor Parcel Number 7084-047

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Flats, Garden Apartments
  • Property Condition: Varies By Unit
  • Levels: Two
  • Stories: 2
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Basement: None
  • Number Of Rooms: 27
  • Appliances: Free Standing Electric Oven, Free Standing Electric Range, Free Standing Freezer, Free Standing Refrigerator
  • Flooring: Carpet, Linoleum, Simulated Wood, Tile, Varies By Unit, Vinyl, Wood
  • Price Per Square Foot: 466.58
  • Square Footage: 5910.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood, Wood Siding
  • Exterior Features: Fenced Yard
  • Foundation: Concrete, Slab
  • Roof: Composition, Flat, Shingle

Garage/Parking

  • Garage Spaces: 6.00
  • Parking Features: Attached, Covered, Garage, Garage Door Opener, Leased, Off Street, See Remarks
  • Total Parking Spaces: 6.00
  • Covered Parking Spaces: 6.00
  • Independent Parking Spaces: 6

Utilities

  • Cooling: Ceiling Fan(s), Varies By Unit
  • Heating: Gas, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 7084-047
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500.00
  • Lot Size Units: SqFt
  • Price Per Acre: 16013223.00

Rental Info

  • Lease Term: Varies By Unit
  • Tenant Pays: Electricity, Gas, Parking Fee
  • Units Furnished: None

Building Info

  • Number of Units Total: 9

Multi Family

  • Gross Rent Multiplier: 12.30
  • 1 Bedroom Rent Range: 1174.72-2819
  • Number Of1 Bedrooms Occupied: 9
  • Number of 1 Bedroom Units: 9
  • Number Of Units Leased: 9
  • Separate Meters: Electricity, Gas
  • Total Number Section8: 3

Range of Values:

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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
02/04/2022 02/04/22 Sold $2,757,477 -10.3% $467 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
10/28/2021 10/28/21 For Sale $3,075,000 -- $520 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421607881

San Francisco Association of REALTORS® MLS

APN: 7084-047