$1,650,000
PENDING $49K PRICE DROP

Estimated payment $10,932/month

Total Views 9,871
3 Beds
4 Baths
3,300 Sq Ft
$500 Price per Sq Ft

Highlights

  • Panoramic View
  • Traditional Architecture
  • No HOA
  • New Traditions Elementary School Rated A
  • Wood Flooring
  • Fenced Yard

About This Home

Nestled in the heart of Lone Mountain, this enchanting 3-unit multifamily property promises an unparalleled blend of urban convenience and natural splendor. Surrounded by a tapestry of outdoor escapes including the iconic Golden Gate Park, Rossi Park, and Panhandle Playground, it's an oasis for nature enthusiasts and urban explorers alike.Strategically positioned amidst bustling business corridors on Balboa Street,Clement Street,Geary Blvd, and Masonic Ave, this property is a beacon for tenants seeking seamless access to both professional opportunities and vibrant city life. Each of the 3 thoughtfully designed residential units at boasts an irresistible charm and generous layouts. The 1st unit, a spacious 2Br/2Ba flat, boasts in-unit laundry facilities and breathtaking partial city views. Meanwhile, the 2nd unit offers a cozy 1Br/1Ba layout complemented by in-unit laundry and captivating city vistas. Finally, the ground-floor in-law unit features a charming studio layout with an additional bonus room and lots of storage space. A lush backyard oasis provides a serene retreat. With its prime location, versatile layout, and captivating amenities, this multifamily gem presents an enticing opportunity for savvy investors seeking both strong rental yields and long-term appreciation.

Listing Agent

Inna Kashtan

Keller Williams Realty Folsom License #01952472

Keller Williams Realty Folsom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,884

Year Built

  • Built in 1939

Lot Details

  • 2,250 Sq Ft Lot
  • Fenced Yard
  • Garden

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Park or Greenbelt

Home Design

  • Duplex
  • Traditional Architecture
  • Studio
  • Flat Roof Shape
  • Concrete Foundation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Security Gate

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • 1 Car Garage
  • Inside Entrance
  • Garage Door Opener
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1162-020

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Net Lease
  • Operating Expense $26,484
  • Net Operating Income $81,516

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,884

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1939
  • Architectural Style: Traditional
  • Levels: Two
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit, Microwave, Gas Water Heater, Gas Cook Top, Free Standing Refrigerator, Electric Cook Top, Disposal, Dishwasher
  • Flooring: Wood, Varies by Unit, Tile, Laminate
  • Price Per Square Foot: 500.00
  • Square Footage: 3300.00
  • Window Features: Varies by Unit, Dual Pane Full
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Materials: Other, Stucco
  • Disclosures/Documents: Preliminary Title Report, Natural Hazard Disclosure Available
  • Exterior Features: Yard Space, Fenced Yard
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1650000.00
  • Lot Features: Garden
  • New Construction: No
  • Patio And Porch Features: Varies by Unit, Uncovered Patio, Roof Deck(s), Balcony/Deck
  • Pool: No
  • Roof: Flat
  • Spa: No
  • View Description: Other, San Francisco, Park, Panoramic, Mountains, City Lights

Garage/Parking

  • Covered Parking Spaces: 1.00
  • Parking Features: Varies by Unit, Off Street, Interior Access, Garage Door Opener, Garage, Covered
  • Total Parking Spaces: 1.00

Utilities

  • Security: Security Gate
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Electric, City
  • Heating: Varies by Unit, Gas, Fireplace(s)
  • Laundry Features: Washer/Dryer Owned, Washer/Dryer Hookups, In Each Unit
  • Water Source: Public
  • Utilities Expenses: 5600
  • Separate Meters: Varies by Unit

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Green Features

  • Energy Efficient: Windows, Thermostat, Lighting, Appliances

Lot Info

  • Lot Size Acres: 0.0517
  • Lot Size Sq Ft: 2250.00

Rental Info

  • Tenant Pays: Other, Gas, Electricity
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net
  • Number Of Studios Occupied: 1

Multi Family

  • Gross Income: 108000
  • Operating Expense: 26484
  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 3
  • Number of Units: 3
  • Units Furnished: None
  • Number Of1 Bedrooms Occupied: 1
  • Number Of2 Bedrooms Occupied: 1

Tax Info

  • Assessor Parcel Number: 1162-020
  • Current RE Taxes: 20884

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 $21,501 $1,749,823 $1,223,371 $526,452
2023 $21,089 $1,715,514 $1,199,384 $516,130
2022 $20,678 $1,681,877 $1,175,867 $506,010
2021 $20,757 $1,648,900 $1,152,811 $496,089
2020 $20,453 $1,631,995 $1,140,991 $491,004
2019 $19,756 $1,599,996 $1,118,619 $481,377
2018 $19,091 $1,568,625 $1,096,686 $471,939
2017 $18,569 $1,537,869 $1,075,183 $462,686
2016 $18,275 $1,507,716 $1,054,101 $453,615
2015 $18,049 $1,485,070 $1,038,268 $446,802
2014 $17,576 $1,455,981 $1,017,930 $438,051
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Pending -- -- --
03/24/2025 03/24/25 Price Changed $1,650,000 -2.7% $500 / Sq Ft
02/26/2025 02/26/25 Price Changed $1,695,000 -0.2% $514 / Sq Ft
01/07/2025 01/07/25 For Sale $1,699,000 -- $515 / Sq Ft
Source: MetroList

Deed History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Quit Claim Deed -- California Best Title
Grant Deed $1,300,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Co
Quit Claim Deed $242,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,140,000 New Conventional
Previous Owner $70,000 Commercial
Previous Owner $910,000 Negative Amortization
Previous Owner $76,000 Credit Line Revolving
Previous Owner $467,000 Unknown
Previous Owner $175,000 Commercial
Previous Owner $69,625 Commercial
Previous Owner $238,753 FHA
Source: Public Records

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Source: MetroList

MLS Number: 425001060

MetroList

APN: 1162-020