$3,980,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $24,837/month

Total Views 32,365
10 Beds
-- Bath
7,940 Sq Ft
$501 Price per Sq Ft

Highlights

  • Panoramic View
  • Wood Flooring
  • Floor Furnace
  • Grattan Elementary Rated A
  • Balcony
  • 4-minute walk to The Panhandle

About This Home

Step into music history with this rare gem, Jimi Hendrix's former 1960s residence, located in the iconic Haight-Ashbury district! Known as the "Red House", this is easily one of San Francisco's most treasured buildings. This charming Victorian home boasts timeless character, featuring high ceilings, ornate period details, & large bay windows that fill the space with natural light. This home features a spacious backyard & an elevated balcony offering panoramic views of downtown San Francisco & the surrounding neighborhood. Enjoy the convenience of dining & shopping at the vibrant eateries and boutiques of the Haight-Ashbury district, steps from your door. Golden Gate Park & the Panhandle are also both within walking distance, offering endless green spaces for outdoor activities, relaxation, & fun. Imagine the inspiration drawn from this vibrant neighborhood, where Hendrix once walked & created. Whether you're a music lover or a history buff, this one-of-a-kind property offers a unique blend of cultural significance and San Francisco charm, making it the perfect home or investment opportunity. The building consist of 1 commercial space on the lower level and living units in the floors above. There's two flats with 5 beds/1 bath, a top floor unit with 2 beds/1bath, & a large studio.

Listing Agent

Stanley Lo

Green Banker Realty License #00874415

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,472

Year Built

  • 1900

Lot Details

  • 3,781 Sq Ft Lot
  • Back Yard

Parking

  • On-Street Parking

Property Views

  • Panoramic
  • City Lights

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,940 Sq Ft Home
  • Wood Flooring

Outdoor Features

  • Balcony

Utilities

  • Floor Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Renewal Option
  • 5 Year Lease Term

Community Details

Overview

Building Details

  • 5 Leased Units
  • Insurance Expense $8,274
  • Maintenance Expense $5,000
  • Other Expense $10,320
  • Utility Expense $9,000
  • Trash Expense $3,120
  • Operating Expense $67,185
  • Gross Income $217,292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,472

Year Built

1900

Lot Details

0

Listing Details

  • Zoning: HAIGHT
  • Subclass: Multiple Dwellings / Structures
  • Age: 124
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 7940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Living Sq Ft: 7940
  • Flooring: Hardwood

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • View: City, City Lights, Panoramic
  • Yard/Grounds: Back Yard, Balcony / Patio

Garage/Parking

  • Garage Parking Features: On Street

Utilities

  • Heating System: Floor Furnace, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Francisco Unified

Lot Info

  • Lot Acres: 0.0868
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3781.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3781.00

Rental Info

  • Existing Lease Term(s): 5 Years Lease, Month To Month, Renewal Option
  • Gross Rent Multiplier: 18.32
  • Number Of Leased: 5

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 8274
  • Expense Maintenance: 5000
  • Expenses Other: 10320
  • Expenses Total: 67185
  • Expenses Utility: 9000
  • Expense Trash: 3120
  • Income Annual Gross: 217292.00
  • Income Annual Rental: 217292
  • Income Gross Scheduled: 217292
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

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

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
2024 $31,472 $2,244,904 $1,122,452 $1,122,452
2023 $27,412 $2,200,888 $1,100,444 $1,100,444
2022 $26,534 $2,157,734 $1,078,867 $1,078,867
2021 $26,074 $2,115,426 $1,057,713 $1,057,713
2020 $26,378 $2,093,716 $1,046,858 $1,046,858
2019 $25,489 $2,052,664 $1,026,332 $1,026,332
2018 $24,625 $2,012,216 $1,006,108 $1,006,108
2017 $24,043 $1,972,764 $986,382 $986,382
2016 $23,663 $1,934,086 $967,043 $967,043
2015 $23,366 $1,905,038 $952,519 $952,519
2014 $22,758 $1,867,722 $933,861 $933,861
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2025 01/26/25 For Sale $3,980,000 0.0% $501 / Sq Ft
01/19/2025 01/19/25 Off Market $3,980,000 -- --
12/09/2024 12/09/24 For Sale $3,980,000 -- $501 / Sq Ft
Source: MLSListings

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $1,550,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $980,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 Commercial
Closed $1,400,000 Unknown
Closed $1,085,000 Purchase Money Mortgage
Source: Public Records

Source: MLSListings

MLS Number: ML81988193

MLSListings

APN: 1231-010