NOT LISTED FOR SALE

Estimated Value: $2,265,000 - $2,460,000

4 Beds
6 Baths
3,350 Sq Ft
$709/Sq Ft Est. Value

Last Sold November 12, 2024

Last sale price $2,500,000 $746 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $15,138/month

11 Days on Market

Highlights

  • View of Hills
  • Edwardian Architecture
  • High Ceiling
  • Argonne Elementary School Rated A-
  • Wood Flooring
  • Den

About This Home

As of November 2024

Delivered Vacant! Welcome to this beautifully renovated duplex in San Francisco's sought-after Central Richmond District. Located in a vibrant neighborhood where convenience meets culture and cuisine, this property seamlessly blends historic charm with modern comfort. Each upper unit features a unique layout, boasting 2 spacious bedrooms, including a luxurious primary suite with an ensuite bathroom, 2.5 bathrooms, and a versatile bonus room perfect for a home office or retreat. Additionally, a separate den offers an ideal space for a Zoom room or study. A separate den serves as a great Zoom room or study. There is a bonus garden unit with 2 bedrooms and 1 bathroom, offering excellent rental income potential or integration with the main home for expansive living. Extensively renovated in 2016 and 2017, with a robust seismic retrofit featuring steel beams and columns, this home offers enhanced safety and a rare three-car garage. Enjoy proximity to Ocean Beach, Golden Gate Park, renowned museums, and a diverse culinary scene for just a short stroll from your door.

Last Listed By

Morgan Kwong

BRG Realty License #01897691 Listed on: 10/10/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,914

Year Built

  • 1922

Lot Details

  • 2,997 Sq Ft Lot

Parking

  • 3 Car Garage
  • Tandem Parking

Home Design

  • Duplex
  • Edwardian Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Bitumen Roof

Interior Spaces

  • Walk-In Closet
  • 3,350 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Skylights
  • Den
  • Wood Flooring
  • Views of Hills
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $156,000

Community Details

Overview

Building Details

  • Insurance Expense $2,226
  • Utility Expense $50
  • Trash Expense $1,200
  • Operating Expense $30,557
  • Gross Income $148,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,914

Year Built

1922

Lot Details

0

Parking

3

Listing Details

  • Zoning: RH-2
  • Subclass: Duplex
  • Style: Edwardian
  • Age: 102
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3350
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Kitchen: 220 Volt Outlet, Appliances - Vary By Unit, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 3350
  • Stories: 3
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Office Area, Storage

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage, Tandem Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet

Schools

  • School District: San Francisco Unified

Lot Info

  • Lot Acres: 0.0688
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2996.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2996.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 14.66

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities
  • Expense Insurance: 2226
  • Expenses Total: 30557
  • Expenses Utility: 50
  • Expense Trash: 1200
  • Income Annual Gross: 148770.00
  • Income Annual Rental: 156000
  • Income Gross Scheduled: 156600
  • Income Other: 600
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 5, 2024
Sold by
Yang Hung Lin and Cheng Yanki
Bought by
Ramsey Sammy J and Ramsey Ali
Seller's Agent
Morgan Kwong
BRG Realty
Buyer's Agent
Mark Lederer
Red Oak Realty
List Price
$2,295,000
Sold Price
$2,500,000
Premium/Discount to List
$205,000
8.93%
Total Days on Market
11
Views
18
Current Estimated Value
$2,374,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$125,486
Original Mortgage
$1,600,000
Outstanding Balance
$1,595,422
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2019
Sold by
Li Justin Chi Sing and Li Bonnie Yuan
Bought by
Yang Hung Lin and Cheng Yanki

Purchase Details

Closed on
Apr 19, 2016
Sold by
Tom Mary Mellanglee
Bought by
Yang Hung Lin and Cheng Yanki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
3.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 11, 2015
Sold by
Lee Donald
Bought by
Tom Mary Mellanglee

Purchase Details

Closed on
Jul 20, 2011
Sold by
Lee Chee
Bought by
Tom Mary Mellanglee

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Ramsey Sammy J -- Chicago Title
Yang Hung Lin $1,235,000 Old Republic Title Company
Yang Hung Lin $1,800,000 Old Republic Title Company
Tom Mary Mellanglee -- None Available
Tom Mary Mellanglee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Sammy J $1,600,000
Previous Owner Yang Hung Lin $206,600
Previous Owner Yang Hung Lin $1,260,000
Previous Owner Yang Hung Lin $1,260,000
Previous Owner Lee Chee $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $2,500,000 +8.9% $746 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $2,295,000 -- $685 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

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
2024 $22,914 $1,950,000 $1,365,000 $585,000
2023 $28,534 $2,416,922 $1,643,747 $773,175
2022 $28,023 $2,369,534 $1,611,518 $758,016
2021 $27,538 $2,323,076 $1,579,921 $743,155
2020 $27,672 $2,299,259 $1,563,722 $735,537
2019 $24,171 $2,038,354 $1,337,122 $701,232
2018 $22,504 $1,925,320 $1,310,904 $614,416
2017 $21,716 $1,836,000 $1,285,200 $550,800
2016 $1,966 $160,546 $58,900 $101,646
2015 $1,921 $158,136 $58,016 $100,120
2014 $2,113 $155,040 $56,880 $98,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81983426

MLSListings

APN: 1663-006