$895,000
SOLD NOV 27, 2024
6 Beds
-- Bath
2,750 Sq Ft
2,000 Sq Ft Lot

Recently Sold

$325 Per Sq Ft

50% Above List Price

12 Days on Market

Highlights

  • Edwardian Architecture
  • Side by Side Parking
  • 6 Car Garage
  • Wood Flooring
  • Ceiling Fan
  • 5-minute walk to Victoria Manalo Draves Park

About This Home

As of November 2024

Calling all house hackers, flippers, and visionaries! Incredible opportunity in San Francisco's SOMA neighborhood. Built in 1924, this two-unit building offers 3BDs and 2BAs, ready for you to make your mark. Hardwood floors, tall ceilings, picture rails, tons of light, and great floor plans. The full-footprint garage is massive, fitting up to 6 cars, and opens the possibilities for expansion, creative projects, or anything from engineering workshops to mechanic spaces. The property boasts a fully fenced, flat yard with mature landscaping. The top-floor unit is tenant-occupied with market rents, while the lower unit will be delivered vacant, giving you flexibility right away. And for city lovers, you're close to everything: nightlife, street fairs, top restaurants, and highways, with Downtown, Mission Bay, and Market Street just minutes away. 10.7% projected cap rate after development, $1.3M estimated ARV.

Last Agent to Sell the Property

David Juarez

Compass License #01787750

Compass

Co-Listed By

Michael Minson

KW Advisors License #01921338

Last Buyer's Agent

Andreas Ernst

Compass License #02028138

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 2,000 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Edwardian Architecture
  • Fixer Upper
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Car Garage
  • 6 Open Parking Spaces
  • Side by Side Parking
  • Tandem Garage

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 3779-101A

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Flats
  • Architectural Style: Edwardian
  • Property Condition: Fixer
  • Levels: Two
  • Stories: 2
  • Year Built: 1924
  • Special Features: 1028

Interior Features

  • Number Of Rooms: 10
  • Appliances: Dishwasher, Free Standing Gas Range
  • Flooring: Tile, Wood
  • Price Per Square Foot: 325.45
  • Square Footage: 2750.00

Exterior Features

  • Construction Materials: Concrete, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Parking Features: Garage, Side-by-Side, Tandem Garage
  • Total Parking Spaces: 6.00
  • Independent Parking Spaces: 6

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Wall Furnace
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 3779-101A
  • Lot Features: Shape Regular, Sidewalk
  • Lot Size Acres: 0.0459
  • Lot Size Sq Ft: 2000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 19498910.68
  • Topography: Level

Rental Info

  • Lease Term: Month To Month
  • Number Of Units Month To Month: 1
  • Units Furnished: None

Building Info

  • Number of Units Total: 2

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 8.99
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 2
  • Number Of Units Leased: 1
  • Separate Meters: Electricity, Gas
  • Total Number Section8: 1

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
11/27/2024 11/27/24 Sold $895,000 +49.7% $325 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $598,000 -- $217 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 424073774

San Francisco Association of REALTORS® MLS