$1,000,000
SOLD JAN 29, 2025
4 Beds
2 Baths
2,285 Sq Ft
2,248 Sq Ft Lot

Recently Sold

$438 Per Sq Ft

20% Below List Price

63 Days on Market

Highlights

  • Forced Air Heating System
  • 1-Story Property
  • 4-minute walk to Glen Park Station

About This Home

As of January 2025

Price improvement! Seller will financing! Welcome to 556 Arlington Street, a charming duplex located in the desirable Glen Park area of San Francisco. This property offers an exceptional investment opportunity with two well-appointed units, each featuring 2 bedrooms and 1 bathroom. Zoned RH2, it allows for versatile usage options and provides excellent potential for rental income growth. The property currently has one unit occupied at $2,230 per month, delivering an immediate income stream, while the other unit is vacantideal for an owner-occupant looking to live in one unit and rent the other. Each unit is separately metered for gas and electricity, ensuring easy utility management for tenants. The vacant unit includes a private garage, adding valuable off-street parking in this bustling area. Set in a vibrant neighborhood, this property boasts convenient access to downtown San Francisco, the Peninsula, and nearby public transportation. With strong potential for future appreciation and positioned in a thriving rental market, 556 Arlington Street is perfect for investors and owner-occupants alike.

Last Agent to Sell the Property

Brett Barron

Capital Realty Group License #00893787

Last Buyer's Agent

Brett Barron

Capital Realty Group License #00893787

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,501

Year Built

  • 1909

Lot Details

  • 2,248 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,285 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $56,700

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Operating Expense $14,750
  • Gross Income $53,865

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,501

Year Built

1909

Lot Details

0

Parking

1

Listing Details

  • Zoning: RH2
  • Subclass: Duplex
  • Age: 115
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2285
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1909

Interior Features

  • Living Sq Ft: 2285
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Francisco Unified

Lot Info

  • Lot Acres: 0.0516
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2247.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2247.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.08
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expenses Total: 14750
  • Income Annual Gross: 53865.00
  • Income Annual Rental: 56700
  • Income Gross Scheduled: 56700
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Vacancy Factor: 5

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
01/29/2025 01/29/25 Sold $1,000,000 -16.3% $438 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
01/04/2025 01/04/25 Price Changed $1,195,000 -4.4% $523 / Sq Ft
11/14/2024 11/14/24 For Sale $1,250,000 -- $547 / Sq Ft
Source: MLSListings

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 $9,501 $734,556 $438,297 $296,259
2023 $9,307 $720,153 $429,703 $290,450
2022 $9,114 $706,035 $421,279 $284,756
2021 $8,951 $692,194 $413,020 $279,174
2020 $9,053 $685,100 $408,786 $276,314
2019 $8,749 $671,668 $400,771 $270,897
2018 $8,453 $658,444 $392,880 $265,564
2017 $8,056 $645,535 $385,177 $260,358
2016 $7,907 $632,880 $377,626 $255,254
2015 $7,806 $623,376 $371,955 $251,421
2014 $7,603 $611,168 $364,670 $246,498
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $269,500 New Conventional
Previous Owner $296,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $300,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed -- First American Title
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Grant Deed -- Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

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Source: MLSListings

MLS Number: ML81986594

MLSListings

APN: 6726-021