NOT LISTED FOR SALE

Estimated Value: $2,588,562

3 Beds
2 Baths
3,596 Sq Ft
$720/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $2,075,000 $577 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $16,677/month

15 Days on Market

Highlights

  • Wood Flooring
  • 1-minute walk to 9Th Ave & Irving St
  • Floor Furnace
  • Jefferson Elementary School Rated A-
  • No HOA
  • Wood Siding

About This Home

As of October 2021

2 unit mixed-apt bldg opportunity in phenomenal Inner Sunset location in the heart of Irving Street's commercial district. Exceptionally well-maintained commercial duplex features - 3 bd/1.5 ba unit above Patxi's Pizza restaurant, a staple of Irving street & tenant since 2011. The commercial tenant, Paxti's has 5 yrs left on the lease term with 3% annual increases. Building upgraded with 400 amp electrical service. Fantastic opportunity to acquire a mixed-use apt bldg with exceptional income.

Last Agent to Sell the Property

Dustin Dolby

Colliers International License #01963487 Listed on: 08/30/2021

Co-Listed By

Bradley Lagomarsino

Colliers International License #01058500

Last Buyer's Agent

Bradley Lagomarsino

Colliers International License #01058500

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,875

Year Built

  • Built in 1936

Lot Details

  • 2,500 Sq Ft Lot

Home Design

  • 3,596 Sq Ft Home
  • Mixed Use
  • Concrete Foundation
  • Shingle Roof
  • Wood Siding
  • Stucco

Kitchen

  • Free-Standing Gas Oven
  • Gas Cooktop

Flooring

  • Wood
  • Linoleum

Utilities

  • Floor Furnace
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 1741021

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,875

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Subtype Description: Apartments, Mixed Use
  • Year Built: 1936
  • Number Commercial Units: 1
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 9
  • Appliances: Free Standing Gas Oven, Free Standing Refrigerator, Gas Cook Top
  • Flooring: Linoleum, Wood
  • Price Per Square Foot: 577.03
  • Square Footage: 3596

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Concrete
  • Roof: Shingle

Utilities

  • Heating: Floor Furnace

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 1741021
  • Lot Features: Sidewalk
  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500
  • Lot Size Units: SqFt
  • Price Per Acre: 36149825.78
  • Zoning: NCD

Building Info

  • Number of Units Total: 2

Rental Info

  • Units Furnished: None

Multi Family

  • Gross Rent Multiplier: 13.24
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • Number Of Units Leased: 2
  • Separate Meters: Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2022
Sold by
Hsap Investments Llc
Bought by
Casa Blanca Llc
Current Estimated Value
$2,588,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,047,000
Outstanding Balance
$1,002,519
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$1,466,398

Purchase Details

Listed on
Aug 30, 2021
Closed on
Oct 13, 2021
Sold by
Chestnut T San Francisco Llc
Bought by
Rabb Danei and Wel Ken
Seller's Agent
Dustin Dolby
Colliers International
Buyer's Agent
Bradley Lagomarsino
Colliers International
List Price
$2,400,000
Sold Price
$2,075,000
Premium/Discount to List
-$325,000
-13.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Nov 13, 2018
Sold by
Gianopulos Eleni
Bought by
Chestnut 1 San Francisco Llc

Purchase Details

Closed on
Feb 27, 2018
Sold by
Christopher Jeanie B and Christopher Basil
Bought by
Christpolous Jeanine B and Christpolous Basil

Purchase Details

Closed on
Nov 17, 2008
Sold by
Christopoulos Constantine and Christopoulos Jeanie B
Bought by
Christopoulos Constantine and Christopoulos Jeanie B

Purchase Details

Closed on
Oct 8, 1998
Sold by
Wrapworks Inc
Bought by
Christopoulos Constantine and Christopoulos Jeanie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,500
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 1997
Sold by
Masunaga Clyde J and Cha Sun
Bought by
Wrap Works Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Casa Blanca Llc $2,500,000 Old Republic Title
Rabb Danei $2,075,000 Old Republic Title Company
Chestnut 1 San Francisco Llc -- None Available
Christpolous Jeanine B -- None Available
Christopoulos Constantine -- North American Title Company
Christopoulos Constantine -- Stewart Title
Wrap Works Inc $790,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inle Restaurant Group Inc $1,047,000
Closed Casa Blanca Llc $1,016,000
Previous Owner Christopoulos Constantine $665,757
Previous Owner Christopoulos Constantine $757,500
Closed Casa Blanca Llc $1,016,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $2,075,000 -13.5% $577 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $2,400,000 -- $667 / 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 $30,875 $2,601,000 $1,560,600 $1,040,400
2024 $30,875 $2,550,000 $1,530,000 $1,020,000
2023 $25,812 $2,116,500 $1,481,550 $634,950
2022 $25,316 $2,074,998 $1,452,499 $622,499
2021 $17,648 $1,423,311 $789,477 $633,834
2020 $19,310 $1,408,719 $781,383 $627,336
2019 $17,173 $1,381,098 $766,062 $615,036
2018 $14,348 $1,160,800 $606,235 $554,565
2017 $13,882 $1,138,041 $594,349 $543,692
2016 $13,653 $1,115,728 $582,696 $533,032
2015 $13,483 $1,098,970 $573,944 $525,026
2014 $13,131 $1,077,444 $562,702 $514,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421589905

San Francisco Association of REALTORS® MLS

APN: 1741-021