$1,599,000

Estimated payment $10,597/month

Total Views 8,398
6 Beds
3 Baths
3,160 Sq Ft
$506 Price per Sq Ft

Highlights

  • View of Hills
  • Wood Flooring
  • High Ceiling
  • Westmoor High School Rated A-
  • Victorian Architecture
  • 5-minute walk to Lincoln Park

About This Home

An unique chance to own a fully upgraded mixed-use building with built-in income and endless potential. The ground level is home to a beautifully built-out restaurant, thoughtfully designed and extensively renovated by the current owner with no expense spared. Everything is in place for a seamless transition perfect for an experienced restaurateur ready to step into a turnkey operation and own the real estate too. Upstairs, you'll find a spacious 6-bedroom residential unit currently generating $6,000/month in rental income. This unit can be delivered either occupied or vacant, offering flexibility to suit your investment goals. Whether you're looking to run your own restaurant, invest in a prime commercial/residential asset, or both this is a rare find that checks all the boxes.

Listing Agent

Victoria Lam

Coldwell Banker Realty License #01326466

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,062

Year Built

  • 1914

Lot Details

  • 1,951 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Victorian Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Bitumen Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,160 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Den
  • Views of Hills
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Concrete
  • No Floor Coverings
  • Tile

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $7,682
  • Operating Expense $27,744
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,062

Year Built

1914

Lot Details

0

Listing Details

  • Zoning: CL00C1
  • Subclass: Duplex
  • Style: Victorian
  • Age: 111
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3160
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1914

Interior Features

  • Kitchen: Ice Maker, Countertop - Stone, Dishwasher, Garbage Disposal, Hookups - Gas, Appliances - Vary By Unit, Hood Over Range, Hookups - Ice Maker, Oven - Self Cleaning, Exhaust Fan, Refrigerator, Oven - Gas
  • Living Sq Ft: 3160
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Tile, Unfinished, Concrete, Hardwood
  • Additional Rooms: Office Area, Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Concrete Slab
  • Roof: Bitumen
  • View: Hills
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0448
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1950.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1950.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet, Double Pane Windows

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 22.21
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 7682
  • Expenses Total: 27744
  • Income Annual Gross: 72000.00
  • Income Annual Rental: 72000
  • Income Gross Scheduled: 72000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

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
2023 $20,062 $1,490,637 $710,869 $779,768
2022 $22,633 $1,461,410 $696,931 $764,479
2021 $20,371 $1,432,756 $683,266 $749,490
2020 $20,044 $1,418,065 $676,260 $741,805
2019 $18,235 $1,390,260 $663,000 $727,260
2018 $16,264 $1,363,000 $650,000 $713,000
2017 $1,321 $85,169 $23,230 $61,939
2016 $4,263 $83,500 $22,775 $60,725
2015 $3,499 $82,246 $22,433 $59,813
2014 $3,099 $80,636 $21,994 $58,642
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 For Sale $1,599,000 -- $506 / Sq Ft
Source: MLSListings

Deed History

Date Type Sale Price Title Company
Grant Deed $1,363,000 First American Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: MLSListings

MLS Number: ML82003441

MLSListings

APN: 004-154-320