NOT LISTED FOR SALE
35 Beds
-- Bath
42,365 Sq Ft
10,725 Sq Ft Lot

Sale Details

Date Sold: September 17, 2015

Last sale price $31,000,000 $732 Per Sq Ft

44 Days on Market

Highlights

  • 0.25 Acre Lot
  • 4-minute walk to California And Hyde
  • Heating Available
  • Marina Middle School Rated A-

About This Home

As of September 2015

The opportunity to acquire a multi-family asset of this scale, condition and location is extremely rare in San Francisco. The property presents a new owner with the flexibility to operate the property as either traditional, high-end apartments or furnished rentals and immediately implement various value- add improvements since 48 of the units could be delivered vacant at close.

Last Agent to Sell the Property

Mark Bonn

Compass Commercial License #01008844 Listed on: 06/29/2015

Compass Commercial

Co-Listed By

Mirella Webb

Compass Commercial License #01409540

Last Buyer's Agent

Mark Bonn

Compass Commercial License #01008844 Listed on: 06/29/2015

Compass Commercial
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 10,725 Sq Ft Lot

Home Design

  • 42,365 Sq Ft Home
  • Brick Exterior Construction
  • Bitumen Roof

Utilities

  • Heating Available
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 0280011

Community Details

Overview

  • 57 Units
  • 6-Story Property

Building Details

  • 48 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

10,725 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Sec Building
  • Stories: 6
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Price Per Square Foot: 731.74
  • Square Footage: 42365.00

Exterior Features

  • Construction Materials: Brick
  • Roof: Bitumen

Utilities

  • Heating: Electric

Lot Info

  • Assessor Parcel Number: 0280011
  • Lot Size Acres: 0.2462
  • Lot Size Sq Ft: 10725.00
  • Lot Size Units: SqFt
  • Price Per Acre: 125913891.15
  • Zoning: RC-4

Building Info

  • Number of Units Total: 57

Multi Family

  • Number Of Units Vacant: 48
  • Gross Rent Multiplier: 16.46
  • Number of 3 Bedroom Units: 1
  • Number of Studio Units: 30
  • Separate Meters: Electricity

MLS Schools

  • School District County: San Francisco

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2016
Sold by
Bought by

Purchase Details

Listed on
Jun 29, 2015
Closed on
Sep 15, 2015
Sold by
Bought by
Seller's Agent
Mark Bonn
Compass Commercial
Buyer's Agent
Mark Bonn
Compass Commercial
List Price
$31,000,000
Sold Price
$31,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 19, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 1995
Sold by
Bought by

Purchase Details

Closed on
May 25, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$103,333,333 Old Republic Title Company
$31,000,000 Old Republic Title Company
-- Alliance Title Company
-- Alliance Title Company
-- First American
-- Old Republic Title Company
-- First American Title Co
$3,075,000 Old Republic Title Company
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $16,000,000
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
09/17/2015 09/17/15 Sold $31,000,000 0.0% $732 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $31,000,000 -- $732 / 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 $449,581 $38,782,853 $21,586,898 $17,048,929
2024 $449,581 $38,078,549 $21,163,626 $16,714,638
2023 $444,901 $37,378,403 $20,748,653 $16,386,902
2022 $435,251 $36,680,428 $20,341,817 $16,065,592
2021 $426,117 $35,825,875 $19,942,958 $15,882,917
2020 $428,530 $35,327,548 $19,738,468 $15,589,080
2019 $395,201 $33,056,222 $19,351,440 $13,704,782
2018 $381,931 $32,427,365 $18,972,000 $13,455,365
2017 $368,808 $31,078,260 $18,600,000 $12,478,260
2016 $99,416 $8,078,370 $4,105,400 $3,972,970
2015 $101,685 $8,262,382 $4,106,048 $4,156,334
2014 $96,917 $7,921,221 $4,025,538 $3,895,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 434660

San Francisco Association of REALTORS®
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