NOT LISTED FOR SALE
10 Beds
-- Bath
22,670 Sq Ft
5,025 Sq Ft Lot

Sale Details

Date Sold: September 18, 2024

Last sale price $6,500,000 $287 Per Sq Ft

132 Days on Market

Highlights

  • 0.12 Acre Lot
  • 4-minute walk to Market And Hyde Outbound
  • 4-minute walk to Helen Diller Civic Center Playground
  • Daniel Webster Elementary School Rated A-
  • High-Rise Community

About This Home

As of September 2024

77 9th Street is a well-maintained 6 story concrete and steel building. Located on 9th Street between Mission and Market this building contains 43 studios each with their own private bathroom and full kitchen, a one-room SRO-style apartment with a hall bathroom and no kitchen facilities, and 10 one-bedroom apartments with full kitchens and bathrooms. There is also a shared laundry room, 2 commercial storefronts that are fully leased, and a cell tower installation on the roof. There is a full basement, portions of which could be upgraded and leased for additional income as storage units. The building is currently 95% occupied with 1 studio apartment and two 1-bedroom units currently vacant which provides upside potential for an investor. Many of units are occupied by longer term tenants and rented for well-below current market rents providing additional upside potential. This building is perfectly located close to transportation, many Mid-Market tech firms, Union Square and downtown.

Last Agent to Sell the Property

Charles Post

Post Real Estate Advisors License #01421132 Listed on: 04/03/2024

Last Buyer's Agent

Charles Post

Post Real Estate Advisors License #01421132 Listed on: 04/03/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 5,025 Sq Ft Lot

Home Design

  • 22,670 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 3701-023

Community Details

Overview

  • 54 Units
  • High-Rise Community
  • 6-Story Property

Building Details

  • 51 Leased Units
  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

5,025 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, High-Rise
  • Stories: 6
  • Year Built: 1912
  • Number Commercial Units: 2
  • Special Features: None

Interior Features

  • Price Per Square Foot: 286.72
  • Square Footage: 22670.00

Fee Information

  • Utilities Expenses: 162837

Lot Info

  • Assessor Parcel Number: 3701-023
  • Lot Features: Sidewalk
  • Lot Size Acres: 0.1154
  • Lot Size Sq Ft: 5025.00
  • Lot Size Units: SqFt
  • Price Per Acre: 56325823.22

Building Info

  • Number of Units Total: 54

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 3
  • Gross Rent Multiplier: 6.92
  • Number Of1 Bedrooms Occupied: 10
  • Number of Studio Units: 44
  • Number Of Units Leased: 51
  • Number Studios Occupied: 44
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
09/18/2024 09/18/24 Sold $6,500,000 -13.3% $287 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $7,500,000 -- $331 / 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
2025 $44,416 $3,343,896 $891,376 $2,392,685
2024 $44,416 $3,239,436 $873,899 $2,345,770
2023 $42,995 $3,179,013 $856,764 $2,299,775
2022 $42,070 $3,118,100 $839,965 $2,254,682
2021 $41,306 $3,056,983 $823,496 $2,233,487
2020 $44,177 $3,028,267 $815,053 $2,213,214
2019 $42,753 $2,965,242 $799,072 $2,166,170
2018 $41,972 $2,907,775 $783,404 $2,124,371
2017 $41,162 $2,851,450 $768,044 $2,083,406
2016 $40,499 $2,814,273 $752,985 $2,061,288
2015 $42,821 $2,772,603 $741,675 $2,030,928
2014 $38,903 $2,719,078 $727,147 $1,991,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 424020837

San Francisco Association of REALTORS®

APN: 3701-023

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