$1,350,000
SOLD NOV 22, 2024
6 Beds
-- Bath
3,450 Sq Ft
1,498 Sq Ft Lot

Recently Sold

$391 Per Sq Ft

36% Above List Price

7 Days on Market

Highlights

  • Edwardian Architecture
  • 2-minute walk to Market And Haight/Gough
  • Storage
  • Bay Window
  • Video Cameras
  • 3-minute walk to Patricia's Green in Hayes Valley

About This Home

As of November 2024

Offers Thursday- Promising investment with this 6-unit apartment building located in the Hayes Valley. The property features six identical one-bedroom units, each boasting a double parlor & the potential to be converted into two-bedroom units. Two units are currently partially remodeled and will be delivered vacant. The third unit is vacating April 2025 with a legally executed buyout agreement. Built in 1900, the building spans 3,450 square feet, complemented by a full basement with an additional 1,150 square feet. This four-story, wood-framed structure sits on a concrete foundation with soft story work complete, showcasing architectural details that highlight its classic SF character. Having remained with the same family for 50 years, the property has accumulated significant deferred maintenance with unit renovation needs and there are 3 long term residents with under market rent. However, it presents potential for a savvy investor willing to invest in updates and improvements. Situated on a side street between Gough & Octavia, this location is highly desirable, offering easy access to numerous bus transit lines, tech shuttle services, and major highways within just a few blocks. This property presents an exceptional long term, value-add opportunity for an investor seeking upsid

Last Agent to Sell the Property

Deborah Odier

Coldwell Banker Realty License #01330563

Coldwell Banker Realty

Co-Listed By

Melissa Bialla

Coldwell Banker Realty License #01111224

Last Buyer's Agent

Eugene Zinchik

Compass License #01951448

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Home Design

  • Edwardian Architecture
  • Fixer Upper
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 3,450 Sq Ft Home
  • 4-Story Property
  • Bay Window
  • Storage
  • Basement Fills Entire Space Under The House
  • Video Cameras

Additional Features

  • 1,498 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, gas, rent only
  • Assessor Parcel Number 0853-017A

Community Details

Overview

  • 6 Units

Building Details

  • 4 Leased Units
  • 2 Vacant Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Architectural Style: Edwardian
  • Property Condition: Fixer, Original
  • Levels: Four
  • Stories: 4
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Basement: Full, Storage Area
  • Number Of Rooms: 24
  • Flooring: Varies By Unit
  • Interior Amenities: Storage Area(s)
  • Price Per Square Foot: 391.30
  • Square Footage: 3450.00
  • Window Features: Bay Window(s), Varies By Unit

Exterior Features

  • Construction Materials: Stucco
  • Roof: Tar/Gravel

Utilities

  • Cooling: None
  • Heating: Varies By Unit
  • Security Features: Video System
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Utilities Expenses: 7777

Schools

  • School District: San Francisco

Lot Info

  • Assessor Parcel Number: 0853-017A
  • Lot Features: None
  • Lot Size Acres: 0.0344
  • Lot Size Sq Ft: 1498.00
  • Lot Size Units: SqFt
  • Price Per Acre: 39244186.05
  • Zoning: NC3

Rental Info

  • Tenant Pays: Electricity, Gas, Rent Only
  • Number Of Units Month To Month: 4
  • Units Furnished: None

Building Info

  • Number of Units Total: 6

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 12.05
  • Number Of1 Bedrooms Occupied: 4
  • Number of 1 Bedroom Units: 6
  • Number Of Units Leased: 4
  • Separate Meters: Electricity, Gas, Varies By Unit
  • Total Number Leasable: 6

MLS Schools

  • School District County: San Francisco

Map

Range of Values:

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Average Value
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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
11/22/2024 11/22/24 Sold $1,350,000 +35.7% $391 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $995,000 -- $288 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 424075026

San Francisco Association of REALTORS® MLS