$2,300,000
UNDER CONTRACT

Estimated payment $16,947/month

Total Views 6,350
8 Beds
-- Bath
5,285 Sq Ft
$435 Price per Sq Ft

About This Home

Ideally situated just off Market Street, 215 Church Street offers an investor or owner/user an excellent opportunity to purchase a turnkey asset with a trendy restaurant on the ground floor and two vacant, remodeled 4Br/1.5Ba flats above. The Rustic opened in 2023, after investing significant capital in the ground floor space. The business owner is an industry veteran and alum of Chez Panisse in Berkeley, CA. A chic dining room and inviting patio area are served by a full kitchen and bar. The restaurant has storage in the back of the property, in addition to a large basement area. The current lease runs through 2032. The two flats have updated kitchens and bathrooms along with wall-to-wall carpet and newer interior paint. They are spacious units that receive great sunlight and have intelligent layouts. The property is well maintained, and the units are move in ready. It offers significant cash flow as an investment, or the opportunity for a buyer to move in and enjoy the benefit of having additional income. This is a probate sale, subject to court confirmation. Please call for details.

Listing Agent

Michael Johnston

Berkshire Hathaway Drysdale Pr License #01370461

Berkshire Hathaway Drysdale Pr

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $49,604

Year Built

  • Built in 1905

Lot Details

  • 3,123 Sq Ft Lot

Home Design

  • 5,285 Sq Ft Home
  • Triplex

Listing and Financial Details

  • Assessor Parcel Number 3544-064

Community Details

Overview

  • 3 Units

Building Details

  • 1 Leased Unit
  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$49,604

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Year Built: 1905
  • Number Commercial Units: 1
  • Special Features: UnderContract
  • Stories: 0

Interior Features

  • Number Of Rooms: 16
  • Price Per Square Foot: 435.19
  • Square Footage: 5285.00

Fee Information

  • Utilities Expenses: 9800

Lot Info

  • Assessor Parcel Number: 3544-064
  • Lot Features: None
  • Lot Size Acres: 0.0717
  • Lot Size Sq Ft: 3123.00
  • Lot Size Units: SqFt
  • Price Per Acre: 32078103.21

Building Info

  • Number of Units Total: 3

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 10.03
  • Number Of4 Bedroom Units: 2
  • Number Of Units Leased: 1

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 $49,604 $4,039,281 $2,827,500 $1,211,781
2023 $52,665 $3,960,082 $2,772,060 $1,188,022
2022 $50,514 $3,882,436 $2,717,707 $1,164,729
2021 $47,945 $3,806,312 $2,664,420 $1,141,892
2020 $78,118 $3,767,284 $2,637,100 $1,130,184
2019 $48,648 $3,693,418 $2,585,393 $1,108,025
2018 $44,120 $3,621,000 $2,534,700 $1,086,300
2017 $37,654 $3,070,028 $1,531,555 $1,538,473
2016 $37,069 $3,009,968 $1,501,525 $1,508,443
2015 $36,606 $2,965,963 $1,478,971 $1,486,992
2014 $35,555 $2,900,281 $1,450,000 $1,450,281
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 For Sale $2,300,000 0.0% $435 / Sq Ft
03/31/2025 03/31/25 Off Market $2,300,000 -- --
02/03/2025 02/03/25 For Sale $2,300,000 0.0% $435 / Sq Ft
01/31/2025 01/31/25 Off Market $2,300,000 -- --
07/12/2024 07/12/24 For Sale $2,300,000 -35.2% $435 / Sq Ft
07/14/2016 07/14/16 Sold $3,550,000 0.0% $672 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $3,550,000 -- $672 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Grant Deed $3,550,000 None Available
Grant Deed -- First American Title Insuran
Trustee Deed $37,450,000 First American Title Ins Co
Corporate Deed -- Old Republic Title Company
Grant Deed -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Corporate Deed -- Old Republic Title Company
Grant Deed -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,985,000 Commercial
Previous Owner $87,150,000 Commercial
Previous Owner $1,000,000 Commercial
Previous Owner $695,000 Commercial
Source: Public Records

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 424049040

San Francisco Association of REALTORS® MLS

APN: 3544-064