NOT LISTED FOR SALE

8045 Geary Blvd San Francisco, CA 94121

Outer Richmond Neighborhood
12 Beds
-- Bath
13,305 Sq Ft
5,700 Sq Ft Lot

Last Sold December 17, 2024

Last sale price $3,400,000 $256 Per Sq Ft

70 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Coin Laundry
  • Lafayette Elementary School Rated A
  • Formal Entry
  • 4-minute walk to Sutro Heights Park

About This Home

As of December 2024

First time on market in 36 years - Trophy 12-unit multifamily property located on a charming corner in the highly desirable Richmond District. This exceptional three-story building exudes timeless charm and character, offering investors a rare opportunity to acquire a well-maintained asset with significant upside potential in a high-demand rental market. The property is comprised of twelve spacious one-bedroom, one-bath units and features a garage with eight parking spaces. Units range in size from 986 to 1,150 square feet, each boasting large, separate living and dining rooms that offer the potential to expand bedroom counts and enhance rental income. All units benefit from abundant natural light, with many offering great views, including views of the ocean. The building offers coin-operated washers and dryers in the garage. Many quality finishes from its era of construction with modern updates. Fantastic opportunity for an investor to acquire an easy-to-manage multifamily property with substantial upside potential in a high-demand rental area.

Last Listed By

Louis Cornejo

Urban Group Real Estate License #01518102 Listed on: 09/27/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 5,700 Sq Ft Lot
  • Corner Lot

Parking

  • 8 Car Garage
  • Tandem Garage

Property Views

  • Ocean
  • City
  • Park or Greenbelt

Home Design

  • Garden Apartment
  • Concrete Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 13,305 Sq Ft Home
  • 3-Story Property
  • Formal Entry
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 1500-039

Community Details

Building Details

  • 10 Leased Units
  • 2 Vacant Units

Additional Features

  • 12 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Garden Apartments
  • Property Condition: Varies By Unit
  • Levels: Three
  • Stories: 3
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Basement: None
  • Number Of Rooms: 48
  • Appliances: See Remarks
  • Flooring: See Remarks
  • Interior Amenities: Formal Entry, Elevator
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 255.54
  • Square Footage: 13305.00
  • Window Features: See Remarks

Exterior Features

  • Construction Materials: Wood, See Remarks
  • Foundation: Concrete, See Remarks
  • Roof: Bitumen, See Remarks
  • View: City, Ocean, Park

Garage/Parking

  • Garage Spaces: 8.00
  • Parking Features: Tandem Garage, See Remarks
  • Total Parking Spaces: 8.00
  • Covered Parking Spaces: 8.00

Utilities

  • Cooling: None
  • Heating: Gas, See Remarks
  • Security Features: Fire Alarm, Fire Extinguisher, See Remarks
  • Sewer: Public Sewer, See Remarks
  • Water Source: Public, See Remarks

Fee Information

  • Utilities Expenses: 29285

Lot Info

  • Assessor Parcel Number: 1500-039
  • Lot Features: Corner, Shape Regular
  • Lot Size Acres: 0.1309
  • Lot Size Sq Ft: 5700.00
  • Lot Size Units: SqFt
  • Price Per Acre: 25974025.97
  • Special Zones: None
  • Zoning: RM1

Rental Info

  • Lease Term: Lease/Month to Month Mix
  • Units Furnished: None

Building Info

  • Number of Units Total: 12

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 9.96
  • Number Of1 Bedrooms Occupied: 10
  • Number of 1 Bedroom Units: 12
  • Number Of Units Leased: 10
  • Separate Meters: Electricity, Gas

Range of Values:

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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
12/17/2024 12/17/24 Sold $3,400,000 -28.4% $256 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $4,750,000 -- $357 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Louis Cornejo

    Seller's Agent in 2024

    Louis Cornejo

    Urban Group Real Estate

    (415) 863-1775

    1 in this area

    25 Total Sales

    Louis Cornejo
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424069536

San Francisco Association of REALTORS® MLS

California San Francisco County San Francisco 94121 Outer Richmond

8045 Geary Blvd, San Francisco, CA

Homes for Sale in San Francisco, CA

This home is located at 8045 Geary Blvd, San Francisco, CA 94121 since 27 September 2024. This property was built in 1931. 8045 Geary Blvd is a home located in San Francisco County with nearby schools including Lafayette Elementary School, Presidio Middle School, and St. Thomas The Apostle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.