$1,350,000
SOLD NOV 26, 2024
6 Beds
4 Baths
2,580 Sq Ft
3,062 Sq Ft Lot

Recently Sold

$523 Per Sq Ft

24% Below List Price

146 Days on Market

Highlights

  • Property is near a park
  • Hiking Trails
  • Greenbelt
  • Clarendon Alternative Elementary School Rated A
  • Laundry Room
  • 1-minute walk to Garden for the Environment

About This Home

As of November 2024

144 Locksley Ave is a charming 3-story residential fourplex located in San Francisco's desirable Forest Knolls District. ± 2,580 SF building on a ± 3,062 SF lot, built in 1961. The property contains two units of 1 bedroom &1 bathroom and two units of 2 bedrooms &1 bathroom. The first floor is a spacious 4-car garage with laundry area. The second floor has one 1 bedroom unit and one 2 bedrooms unit, the third floor has a similar layout as the second floor. One 2 bedrooms unit is vacant now and will be delivered vacant at close. Current monthly rents are $1,620.28, $1,285.22, $1,865.03, and the vacant unit pro forma rent will be $3,200. Tenants pay for their own electricity and internet/cable; seller pays water, trash, and the main water heater gas. Good maintenance and long-term tenants. The property is located in the southwestern part of San Francisco, walking distance to the University of California San Francisco Parnassus Campus. It is highly attractive to the nearby medical professionals and students. Forest Knolls District resides at the foothills of Mount Sutro Reserve. Residents are surrounded by luscious woods and enjoy the tranquil environment with a convenient urban life. Close to West Portal, which is a delightful shopping district that with a collection of stores, including bookstore, hardware store, markets, thrift boutiques, various restaurants, library, and a movie theater. If you like hiking, Mount Sutro has miles of trails also the closely famous Golden Gate Park and Botanical Garden. The property is just around 4 miles from Downtown San Francisco amenities. Such a great real estate asset for expending your investment portfolio or lives in one of the units. Sold in “As-Is” condition. Drive by only, do not disturb or talk to tenants. Offer subject to interior inspection.

Last Agent to Sell the Property

Hubert King

TREELINE REALTY Brokerage Phone: 626-298-1267 License #00553474

TREELINE REALTY

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 3,062 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2,580 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 101 / 2634
  • Assessor Parcel Number 2634101
  • $1,182 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Greenbelt

Recreation

  • Hiking Trails

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $873
  • Insurance Expense $2,776
  • Maintenance Expense $1,200
  • Trash Expense $2,440
  • Water Sewer Expense $3,488
  • New Taxes Expense $24,000
  • Operating Expense $34,836
  • Gross Income $95,646
  • Net Operating Income $60,810

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 370000
  • Property Attached: Yes
  • Water Sewer Expenses: 3487.60
  • Zoning: RM2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2634101
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 3
  • Entry Location: garage or front gate
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 523.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 2440.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt, Park Nearby
  • Lot Size Sq Ft: 3062.00
  • Lot Size Acres: 0.0703

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 872.61
  • Gross Income: 95646.40
  • Gross Scheduled Income: 95646.40
  • Insurance Expense: 2776.20
  • Lot Size Area: 3062.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 60810.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 34836.40
  • Rent Control: Yes
  • Total Expenses: 34836.41

Tax Info

  • New Taxes Expense: 24000.00
  • Tax Block: 2634
  • Tax Census Tract: 301.02
  • Tax Lot: 101
  • TaxOtherAnnualAssessmentAmount: 1182.00

Map

Range of Values:

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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
04/13/2025 04/13/25 For Rent $3,800 0.0% --
11/26/2024 11/26/24 Sold $1,350,000 -8.8% $523 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $1,480,000 -12.4% $574 / Sq Ft
06/14/2024 06/14/24 Price Changed $1,690,000 -5.1% $655 / Sq Ft
05/07/2024 05/07/24 For Sale $1,780,000 -- $690 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24092280

California Regional Multiple Listing Service (CRMLS)