241-243 4th Avenue

San Francisco, CA 94118

$2,010,000
Last Sold Price
Beds
3,646 Sq. Ft.
$551 / Sq. Ft.
3,646
Sq. Ft.
$551
per Sq. Ft.

Description

Situated on a prime block of the Inner Richmond, the 4plex on 4th Ave presents a wonderful opportunity for investors or owner occupiers alike. Around the corner from Burma Superstar, Arsicault Bakery, and just blocks from the Presidio and Golden Gate Park, this well-maintained multifamily investment comes with three 1br units rented to three friendly tenants, and the spacious and sunny top floor 2br unit plus bonus sunroom delivered vacant. Top floor unit features newly refinished hardwood floors,...Situated on a prime block of the Inner Richmond, the 4plex on 4th Ave presents a wonderful opportunity for investors or owner occupiers alike. Around the corner from Burma Superstar, Arsicault Bakery, and just blocks from the Presidio and Golden Gate Park, this well-maintained multifamily investment comes with three 1br units rented to three friendly tenants, and the spacious and sunny top floor 2br unit plus bonus sunroom delivered vacant. Top floor unit features newly refinished hardwood floors, charming period details, and is ready to be rented out immediately or for a new owners touch in the kitchen and bath. The ground floor level features a one car garage and a large additional full height storage area with a bonus full bathroom. A stable income-producing property in a spectacular location..

Listing Agents

  1. Laura Lee

    Laura Lee

    Listing Agent

    Compass

    DRE #02072942

    laura.lee@compass.com

    P: 650.455.5326

  2. William Cheung

    William Cheung

    Alternative Listing Agent

    Compass

    DRE #01963530

Property Details for 241-243 4th Avenue

MLS City Name
SAN FRANCISCO
Building Type
FOURPLEX
Garage Spaces
1
Parking Spaces
0
Cross Street
Clement Ave.

Location

Listing Courtesy of Compass, Laura Lee, DRE #02072942; Compass, William Cheung, DRE #01963530

Sold By KW Advisors, Cullinan Cullinan Luxury, DRE #70010220

Add your commute
LISTING UPDATED: 02/08/2024 12:28 PM

Property Details for 241-243 4th Avenue

StatusSold
MLS #ML81926269
Days on Compass13
Taxes$25,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1910
Lot Size0.07 AC / 2,996 SF
CountySan Francisco County

Location

Listing Courtesy of Compass, Laura Lee, DRE #02072942; Compass, William Cheung, DRE #01963530

Sold By KW Advisors, Cullinan Cullinan Luxury, DRE #70010220

Add your commute

Virtual Tour

Building Information for 241-243 4th Avenue

Stories2Residences4Year Built1910Building Size-Lot Size0.07 AC / 2,996 SF

Payment Calculator

$13,053 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,969

Property Taxes

$2,083

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 241-243 4th Avenue

Features
Room Information
  • Additional Rooms: Storage
  • Kitchen: Cooktop - Gas, Refrigerator, Varies by Unit
Features
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Living SqFt: 3646
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Central Forced Air - Gas
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Gate / Door Opener, Workshop in Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: 1 - Inner Richmond
  • Roof: Flat / Low Pitch
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 241-243
  • Street Name: 4th
  • Street Suffix: Avenue
  • Area ID: 25136
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 2
  • Structure SqFt: 3646
  • Structure SqFt Source: Assessor
  • Age: 113
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Trust
  • Zoning Detail: RM1
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 1429-008
  • County Name: San Francisco
  • City Name: SAN FRANCISCO
  • City Postal ID: 228
  • Postal Code: 94118
  • Elementary School District: 1863
  • High School District Text: San Francisco Unified
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .07
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Courtyard, Fenced
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $25,000
  • Building Unit Total: 4
  • Capitalization Rate: 4.72
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $25,000
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Services - Sewer, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 16.91
  • Income Annual Gross: $124,200
  • Income Annual Rental: $124,200
  • Income Gross Scheduled: $124,200
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Approx Square Footage: 1050
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,750
Unit 3 Information
  • Unit 3 Approx Square Footage: 716
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $2,150
Unit 4 Information
  • Unit 4 Approx Square Footage: 518
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $1,980
Unit Type 1
  • Unit Type1 Approx SqFt: 1377

Property History for 241-243 4th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 241-243 4th Avenue

Taxable ValueLand$75,471Additions$65,919Total$141,390
Tax Record2023$1,797 ($150 / month)
Home Facts
Total Finished SqFt3,646 SqFtAbove Grade Finished SqFt3,646 SqFtStories2Lot Size2,996 SqFtStyleQuadraplexYear Built1910ZoningRM1CountySAN FRANCISCOAPN1429 -008

Schools near 241-243 4th Avenue

This home is within San Francisco Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Peabody (George) Elementary School
PublicK to 5

Roosevelt Middle School
Public6 to 8

Five Keys Charter (SF Sheriff'S) School
Charter9 to 12

Life Learning Academy Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Laura Lee, DRE #02072942; Compass, William Cheung, DRE #01963530

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.