3110 Octavia St San Francisco, CA 94123
Marina District NeighborhoodEstimated payment $55,715/month
Highlights
- Corner Lot
- Sherman Elementary Rated A-
- 4-minute walk to George Moscone Park
About This Home
Prime Lombard Street Corridor Boutique Hotel for Sale - Marina District Gem! Situated in one of the most sought-after corners of the prestigious Marina District, this exceptional boutique hotel offers a unique investment opportunity. The Marina Inn is a charming four-story building featuring 40 guest rooms, a cozy continental breakfast area, and an inviting lobby that exudes warmth and sophistication. The property also includes four ground-floor commercial units, adding valuable income potential, and two parking spaces - a rare convenience in this bustling neighborhood. With its prime location along the iconic Lombard Street Corridor, this hotel is positioned to capture both leisure and business travelers alike, enhancing its appeal as a premier destination. Please do not disturb the workers and/or businesses currently operating on the premises. Seize this opportunity to own a piece of Marina District real estate in a high-demand area!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $99,276
Year Built
- Built in 1924
Lot Details
- 4,650 Sq Ft Lot
- Corner Lot
Home Design
- 11,268 Sq Ft Home
- Mixed Use
Community Details
- 40 Units
Listing and Financial Details
- Assessor Parcel Number 0496-013
Map
Home Values in the Area
Average Home Value in this Area
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 | $99,276 | $6,312,061 | $3,419,798 | $2,740,446 |
| 2023 | $148,273 | $6,201,773 | $3,352,744 | $2,686,712 |
| 2022 | $71,422 | $5,952,137 | $3,287,004 | $2,634,032 |
| 2021 | $80,982 | $5,836,039 | $3,222,553 | $2,613,486 |
| 2020 | $82,671 | $5,745,416 | $3,189,510 | $2,555,906 |
| 2019 | $89,207 | $5,632,762 | $3,126,971 | $2,505,791 |
| 2018 | $88,860 | $5,564,364 | $3,065,658 | $2,498,706 |
| 2017 | $70,721 | $5,456,085 | $3,005,548 | $2,450,537 |
| 2016 | $64,497 | $5,307,880 | $2,946,616 | $2,361,264 |
| 2015 | $63,141 | $5,270,200 | $2,902,356 | $2,367,844 |
| 2014 | $61,494 | $5,167,788 | $2,845,503 | $2,322,285 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2024 10/07/24 | Price Changed | $8,500,000 | -5.6% | $754 / Sq Ft |
| 09/24/2024 09/24/24 | For Sale | $9,000,000 | -- | $799 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Old Republic Title Company | |
| Corporate Deed | $4,300,000 | Old Republic Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $8,000,000 | Commercial | |
| Closed | $2,000,000 | Commercial | |
| Closed | $3,500,000 | Commercial | |
| Closed | $150,000 | Commercial | |
| Closed | $500,000 | Commercial | |
| Closed | $1,900,000 | Commercial | |
| Closed | $300,000 | Commercial | |
| Closed | $500,000 | Commercial | |
| Closed | $250,000 | Commercial | |
| Closed | $250,000 | Commercial | |
| Closed | $150,000 | Commercial | |
| Closed | $100,000 | Commercial | |
| Closed | $3,412,500 | Commercial | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $1,600,000 | Commercial | |
| Previous Owner | $1,000,000 | Commercial | |
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $800,000 | Commercial |
Source: San Francisco Association of REALTORS® MLS
MLS Number: 424068390
APN: 0496-013
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