NOT LISTED FOR SALE
Studio
-- Bath
6,789 Sq Ft
3,423 Sq Ft Lot Lot

Sale Details

Date Sold: September 30, 2021

Last sale price $4,900,000 $722 Per Sq Ft

21 Days on Market

Highlights

  • Bay View
  • 1-minute walk to Mason And Green
  • No HOA
  • Yick Wo Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Washington Square

About This Home

As of September 2021

Well maintained 1960's apt bldg in the heart of North Beach. Unit mix consists of 15 studios and 15 car parking. Units feature plenty of natural light, Bay & City views from roof & upper units. 67% of units remodeled. Close to Columbus Ave commercial corridor and iconic landmarks including Pioneer Park, Coit Tower, Pier 39 and Washington Square Park. Major bus & cable car lines pass through the neighborhood. Walker's paradise with a walk score of 99. Ideal for an add value investor who would like to remodel and hold long term as a rental property with upside and development conversion potential.

Last Agent to Sell the Property

James Devincenti

Colliers International License #00951916 Listed on: 07/19/2021

Co-Listed By

Bradley Lagomarsino

Colliers International License #DRE #01058500

Last Buyer's Agent

Kristofer Chun

LPT Realty License #01870237

LPT Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 3,423 Sq Ft Lot

Property Views

  • Bay
  • City

Home Design

  • Concrete Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 6,789 Sq Ft Home
  • 3-Story Property
  • Leased Washer and Dryer

Flooring

  • Wood
  • Tile

Parking

  • 15 Parking Spaces
  • Covered Parking

Utilities

  • Heating Available
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 0118018

Community Details

Overview

  • No Home Owners Association
  • 15 Units

Amenities

  • Coin Laundry

Building Details

  • 14 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

3,423 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Stories: 3
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Laundry Features: Coin Operated, Washer/Dryer Leased
  • Price Per Square Foot: 721.76
  • Square Footage: 6789

Exterior Features

  • Construction Materials: Wood
  • Foundation: Concrete
  • Roof: Bitumen
  • View: Bay, City

Garage/Parking

  • Parking Features: Covered
  • Total Parking Spaces: 15

Utilities

  • Electric: 220 Volts
  • Heating: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 0118018
  • Lot Features: Sidewalk
  • Lot Size Acres: 0.0786
  • Lot Size Sq Ft: 3423
  • Lot Size Units: SqFt
  • Price Per Acre: 62340966.92
  • Zoning: RM2

Building Info

  • Number of Units Total: 15

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 13.34
  • Number of Studio Units: 15
  • Number Of Units Leased: 14
  • Number Studios Occupied: 14
  • Separate Meters: Electricity
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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 List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $4,900,000 -1.8% $722 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $4,990,000 -- $735 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $61,307 $5,199,918 $3,119,951 $2,079,967
2024 $61,307 $5,097,960 $3,058,776 $2,039,184
2023 $60,188 $4,998,000 $2,998,800 $1,999,200
2022 $59,028 $4,900,000 $2,940,000 $1,960,000
2021 $50,361 $4,157,329 $2,491,450 $1,665,879
2020 $51,311 $4,116,330 $2,465,904 $1,650,426
2019 $49,584 $4,035,745 $2,417,553 $1,618,192
2018 $48,122 $3,956,741 $2,370,150 $1,586,591
2017 $47,278 $3,879,916 $2,323,677 $1,556,239
2016 $46,459 $3,797,829 $2,278,115 $1,519,714
2015 $45,857 $3,740,798 $2,243,896 $1,496,902
2014 $44,660 $3,667,541 $2,199,942 $1,467,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421573893

San Francisco Association of REALTORS®
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