407-411 Lyon Street

San Francisco, CA 94117

$2,175,000
Last Sold Price
Beds
4,975 Sq. Ft.
$437 / Sq. Ft.
4,975
Sq. Ft.
$437
per Sq. Ft.

Description

Awesome new price and great income property! Located in the heart of NOPA, one of the city's best rental locations, the building has much to offer. There is a nice mix of 1bd, 2bd, and 3bd units. The apartments are separately metered for gas and electricity, and operating expenses are very low. The units have hardwood floors and Victorian charm. Priced at a 5.3% Cap Rate, this building will offer an investor immediate cash flow with upside potential remaining.Awesome new price and great income property! Located in the heart of NOPA, one of the city's best rental locations, the building has much to offer. There is a nice mix of 1bd, 2bd, and 3bd units. The apartments are separately metered for gas and electricity, and operating expenses are very low. The units have hardwood floors and Victorian charm. Priced at a 5.3% Cap Rate, this building will offer an investor immediate cash flow with upside potential remaining.

Listing Agent

  1. Adam Filly

    Adam Filly

    Alternative Listing Agent

    Compass

    DRE #01354775

    adam.filly@compass.com

    P: 415.516.9843

Property Details for 407-411 Lyon Street

MLS City Name
SAN FRANCISCO
Building Type
Other
Style
Victorian
Garage Spaces
0
Parking Spaces
0
View
City, Garden / Greenbelt, Other

Location

Listing Courtesy of Compass, Adam Filly, DRE #01354775; Compass, Dianna Yang-Dininno, DRE #01931817

Sold By Compass, Adam Filly, DRE #01354775; Compass, Dianna Yang-Dininno, DRE #01931817

Add your commute
LISTING UPDATED: 12/06/2023 08:27 PM

Property Details for 407-411 Lyon Street

StatusSold
MLS #ML81883044
Days on Compass53
Taxes$29,550 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1904
Lot Size0.06 AC / 2,809 SF
CountySan Francisco County

Location

Listing Courtesy of Compass, Adam Filly, DRE #01354775; Compass, Dianna Yang-Dininno, DRE #01931817

Sold By Compass, Adam Filly, DRE #01354775; Compass, Dianna Yang-Dininno, DRE #01931817

Add your commute

Building Information for 407-411 Lyon Street

Stories-Residences-Year Built1904Building Size-Lot Size0.06 AC / 2,809 SF

Payment Calculator

$14,332 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,870

Property Taxes

$2,463

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 407-411 Lyon Street

Features
Features
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum, Other
  • Living SqFt: 4975
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Electric, Gas
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Community Sewer / Septic
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 6
  • Area Text: 6 - North Panhandle
  • Restrictions: Parking Restrictions, Pets - Dogs Permitted
  • Roof: Other
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 407-411
  • Street Name: Lyon
  • Street Suffix: Street
  • Area ID: 25190
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 4975
  • Structure SqFt Source: Assessor
  • Age: 118
Development Information
  • Zoning Detail: RH3
Location Information
  • City Limits: Yes
  • Parcel Number: 1198007
  • County Name: San Francisco
  • City Name: SAN FRANCISCO
  • City Postal ID: 228
  • Postal Code: 94117
  • Elementary School District: 1863
  • High School District Text: San Francisco Unified
Lot Information
  • Foundation: Other
  • Lot Acres: .06
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $29,550
  • Capitalization Rate: 5.19
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $5,500
  • Expense Landscape: $0
  • Expense Maintenance: $8,000
  • Expense Management: $9,209
  • Expense Trash: $1,844
  • Expenses Other: $1,500
  • Expenses Utility: $3,800
  • Expenses Total: $59,403
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Hot Water, Utilities - Water
  • Gross Rent Multiplier: 12.49
  • Income Annual Gross: $178,662
  • Income Annual Rental: $184,188
  • Income Gross Scheduled: $184,188
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $0
  • Unit 1 Type: Apartment
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $0
  • Unit 2 Type: Apartment
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $0
  • Unit 3 Type: Apartment
Unit 4 Information
  • Unit 4 Rent: $0
Listing Info
Rental Info
  • Lease Type: Net

Property History for 407-411 Lyon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 407-411 Lyon Street

Taxable ValueLand$1,331,100Additions$887,400Total$2,218,500
Tax Record2023$27,351 ($2,279 / month)
Home Facts
Total Finished SqFt4,975 SqFtAbove Grade Finished SqFt4,975 SqFtStories3Lot Size2,809 SqFtStyleMulti-Family Res (5+ Units)Year Built1904ZoningRH3CountySAN FRANCISCOAPN1198 -007

Schools near 407-411 Lyon Street

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
New Traditions 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, Adam Filly, DRE #01354775; Compass, Dianna Yang-Dininno, DRE #01931817

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.