691 15th Avenue

San Francisco, CA 94118

$3,098,000
Last Sold Price
Beds
4,920 Sq. Ft.
$630 / Sq. Ft.
4,920
Sq. Ft.
$630
per Sq. Ft.

Description

Handsome 4 unit, corner building in the desirable Richmond neighborhood. 2 remodeled units (3 beds/3 baths each) with one vacancy, 1 one bedroom unit (Dining room is being used as a 2nd bedroom) and 1 two bedroom unit. Remodeled units have tankless water heaters, and own heating systems. 5 private garages and 4 storage units. PERMIT APPROVED plans to build 4 (yes, 4) additional ADUs! Underground tank has been removed, new exterior paint done in August 2020. Turn key property with so much more upside...Handsome 4 unit, corner building in the desirable Richmond neighborhood. 2 remodeled units (3 beds/3 baths each) with one vacancy, 1 one bedroom unit (Dining room is being used as a 2nd bedroom) and 1 two bedroom unit. Remodeled units have tankless water heaters, and own heating systems. 5 private garages and 4 storage units. PERMIT APPROVED plans to build 4 (yes, 4) additional ADUs! Underground tank has been removed, new exterior paint done in August 2020. Turn key property with so much more upside to gain. Plans and bids are provided. An ideal location near public transportation, USF, neighborhood commercial, GG Park, and easy access to downtown, the Marina, Sunset District and Marin County.

Listing Agent

  1. Samantha Competente

    Samantha Competente

    Listing Agent

    Compass

    DRE #01372566

Property Details for 691 15th Avenue

MLS City Name
SAN FRANCISCO
Building Type
FOURPLEX
Garage Spaces
4
Parking Spaces
0
Cross Street
Cabrillo

Location

Listing Courtesy of Compass, Samantha Competente, DRE #01372566

Sold By K&K Homes Realty, Tessie Figueroa, DRE #01350923

Add your commute
LISTING UPDATED: 10/11/2020 10:13 PM

Property Details for 691 15th Avenue

StatusSold
MLS #ML81810395
Days on Compass13
Taxes$35,976 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1922
Lot Size0.07 AC / 2,879 SF
CountySan Francisco County

Location

Listing Courtesy of Compass, Samantha Competente, DRE #01372566

Sold By K&K Homes Realty, Tessie Figueroa, DRE #01350923

Add your commute

Building Information for 691 15th Avenue

Stories2Residences4Year Built1922Building Size-Lot Size0.07 AC / 2,879 SF

Payment Calculator

$19,905 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,907

Property Taxes

$2,998

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 691 15th Avenue

Features
Room Information
  • Kitchen: Appliances - Vary by Unit
Features
  • Fireplace: No
  • Flooring: Hardwood
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 4920
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Central Forced Air - Gas
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Detached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: 1 - Central Richmond
  • Roof: Other
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 691
  • Street Name: 15th
  • Street Suffix: Avenue
  • Area ID: 25135
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 4920
  • Structure SqFt Source: Assessor
  • Age: 98
Development Information
  • Ownership Type: Corporation
  • Zoning Detail: RH2
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 1629-012A
  • 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: Other
  • Horse Property: No
  • Lot Acres: .07
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $35,976
  • Building Unit Total: 4
  • Capitalization Rate: 4.35
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Parking, Rents, Storage Area
  • Vacancy Factor: 2
Income / Expense Details
  • Expense Insurance: $2,800
  • Expense Landscape: $0
  • Expense Maintenance: $3,500
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $3,660
  • Expenses Total: $45,936
  • Operating Expenses Include: Insurance, Utilities - Water
  • Gross Rent Multiplier: 16.65
  • Income Annual Gross: $176,470
  • Income Annual Rental: $180,071
  • Income Gross Scheduled: $180,071
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,708
Unit 3 Information
  • Unit 3 Full Bathrooms: 3
  • Unit 3 Number of Bedrooms: 3
  • Unit 3 Rent: $5,800
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $1,148

Property History for 691 15th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 691 15th 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
Argonne Elementary School
PublicK to 5

Presidio Middle School
Public6 to 8

Life Learning Academy Charter
Charter9 to 12

KIPP San Francisco College Preparatory
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, Samantha Competente, DRE #01372566

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.