NOT LISTED FOR SALE
12 Beds
1 Bath
13,020 Sq Ft
4,950 Sq Ft Lot

Last Sold October 30, 2024

Last sale price $5,825,000 $447 Per Sq Ft

14 Days on Market

Highlights

  • Downtown View
  • Wall Furnace
  • 2-minute walk to Alamo Square Park
  • Coin Laundry

About This Home

As of October 2024

655 Steiner Street, San Francisco, is an 18-unit apartment building located in the Alamo Square District of San Francisco (cross streets Hayes & Fell Streets). This attractive corner apartment building has been well-preserved and possess' many of the quality finishes from its era of construction. The building is comprised of six (6) studios and twelve (12) one-bedroom apartments, and an enclosed garage which has nine (9) car parking spaces. Alamo Square Park, the neighborhood's focal point and namesake, consists of four city blocks at the top of a hill overlooking much of downtown San Francisco, with a several significant and architecturally distinctive mansions along the perimeter, including the Painted Ladies'', a well-known postcard motif. Victorian homes, Alamo Square Park, eclectic shopping, fine eateries, extraordinary weather, and its central location contribute to this location's desirability. This is a fantastic opportunity for an investor to purchase an easy to manage multi-family property with tremendous income upside potential in the City.

Last Listed By

Bradley Lagomarsino

Colliers International License #01058500 Listed on: 08/16/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,950 Sq Ft Lot

Property Views

  • Downtown
  • Park or Greenbelt

Home Design

  • 13,020 Sq Ft Home
  • Concrete Foundation
  • Bitumen Roof

Parking

  • 9 Parking Spaces
  • Covered Parking

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 0823-001

Community Details

Building Details

  • 17 Leased Units
  • 1 Vacant Unit

Additional Features

  • 18 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Year Built: 1924
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 48
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 447.39
  • Square Footage: 13020.00

Exterior Features

  • Foundation: Concrete
  • Roof: Bitumen
  • View: City, Downtown, Park

Garage/Parking

  • Parking Features: Covered
  • Total Parking Spaces: 9.00

Utilities

  • Heating: Electric, Wall Furnace

Lot Info

  • Assessor Parcel Number: 0823-001
  • Lot Features: Sidewalk
  • Lot Size Acres: 0.1136
  • Lot Size Sq Ft: 4950.00
  • Lot Size Units: SqFt
  • Price Per Acre: 51276408.45

Building Info

  • Number of Units Total: 18

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 11.36
  • Number Of1 Bedrooms Occupied: 11
  • Number of 1 Bedroom Units: 12
  • Number of Studio Units: 6
  • Number Of Units Leased: 17
  • Number Studios Occupied: 6
  • Separate Meters: Electricity, Gas

Range of Values:

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Average Value
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List Price
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
10/30/2024 10/30/24 Sold $5,825,000 +2.2% $447 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $5,700,000 -- $438 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424057888

San Francisco Association of REALTORS® MLS