NOT LISTED FOR SALE
28 Beds
-- Bath
10,070 Sq Ft
5,323 Sq Ft Lot

Last Sold April 11, 2023

Last sale price $4,000,000 $397 Per Sq Ft

18 Days on Market

Highlights

  • Views of San Francisco
  • 2-minute walk to Union And Mason
  • Corner Lot
  • Yick Wo Elementary School Rated A
  • 0.12 Acre Lot
  • 5-minute walk to Michelangelo Playground & Community Garden

About This Home

As of April 2023

888 Union Street is an incredible opportunity to purchase a trophy corner building in Russian Hill, on the edge of North Beach. This prominent building features 7 large 4bd/1ba flats. Each unit has incredible character with beamed ceilings, hardwood floors, and built-in cabinets. The upper units boast amazing panoramic bay views, some bridge-to-bridge. One of the two top floor units will be delivered vacant, which would make the perfect owner's unit. There is an additional vacant unit that is accessed off Taylor Street. Both vacant units need to be remodeled to achieve market rents. The common hallways have beautifully maintained wood paneling and terrazzo stairs with a skylight that brings in natural light. There is a large roof deck with extraordinary views for tenants to enjoy. The units are separately metered for gas and electricity. Heat is supplied by a newer steam boiler. On the eastern side of the lot, there is a garage and parking pad (approximately 25' x 82'') that may offer expansion potential. Currently three tenants have the right to park on the pad behind the garage, but the garage itself will be delivered vacant. Do not miss this rare opportunity to purchase a generational asset in one of the city's most iconic locations!

Last Agent to Sell the Property

Adam Filly

Compass Commercial License #01354775 Listed on: 02/24/2023

Compass Commercial

Last Buyer's Agent

Adam Filly

Compass Commercial License #01354775 Listed on: 02/24/2023

Compass Commercial

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,323 Sq Ft Lot
  • Corner Lot
  • Irregular Lot

Property Views

  • Bay
  • San Francisco
  • Views of the Bay Bridge
  • Panoramic

Home Design

  • 10,070 Sq Ft Home
  • Brick Foundation

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces

Utilities

  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 0100-022

Community Details

Overview

  • 7 Units

Building Details

  • 5 Leased Units
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Year Built: 1910
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 42
  • Price Per Square Foot: 397.22
  • Square Footage: 10070.00

Exterior Features

  • Foundation: Brick/Mortar
  • View: Bay, Bay Bridge, Panoramic, San Francisco, Varies By Unit

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Total Parking Spaces: 4.00
  • Independent Parking Spaces: 4

Utilities

  • Heating: Steam

Fee Information

  • Utilities Expenses: 34511

Lot Info

  • Assessor Parcel Number: 0100-022
  • Lot Features: Corner, Shape Irregular
  • Lot Size Acres: 0.1222
  • Lot Size Sq Ft: 5323.00
  • Lot Size Units: SqFt
  • Price Per Acre: 32733224.22

Building Info

  • Number of Units Total: 7

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 12.06
  • Number Of4 Bedrooms Occupied: 5
  • Number Of4 Bedroom Units: 7
  • Number Of Units Leased: 5

Range of Values:

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Average Value
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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
04/11/2023 04/11/23 Sold $4,000,000 -4.8% $397 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $4,200,000 -- $417 / 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: 423723605

San Francisco Association of REALTORS® MLS

APN: 0100-022