tomo logo

$2,945,000

Beds
8
Baths
4.5
sq ft
3,832

138 Lower Ter, San Francisco, CA 94114

138 Lower Ter

San Francisco, CA 94114

  • <1 day on market
Are you in search of an exceptional investment opportunity or considering a 1031 Exchange? Look no further than 138-140 Lower Terrace. This property underwent a substantial renovation and expansion in 2016, enhancing its appeal and functionality. The lower flat, 138, boasts 4 bedrooms and 3 bathrooms spread across two levels, offering exclusive access to a charming garden and garage. Meanwhile, the upper unit, spanning a single level, features 4 bedrooms and 2.5 bathrooms. Notably, residents of the upper unit enjoy exclusive use of a stunning rooftop deck boasting breathtaking bay views. Currently, the upper unit commands a rental income of $6,500 while the lower unit is leased for $7,600, totaling a monthly rent of $14,100 and yielding an attractive cap rate of 5.3%. Both units are equipped with radiant heat in the bathrooms and showcase elegant marble floors complemented by light wood flooring throughout. Pictures (36)

Details

Property type

Est. home value

$3,112,624

Property condition

Updated/Remodeled

Lot size

2,495.988 sq ft

Price per sq ft

$769

Year built

1963

HOA

No

Price History

02/28/2025
SFAR

SFAR #425014722

Listed
$2,945,000
-1.67%
08/27/2024
SFAR

SFAR #424027778

Removed
$2,995,000
05/15/2024
SFAR

SFAR #424027778

Price change
$2,995,000
-6.26%

Schools & Community

Neighborhood: 

Corona Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Summit State Bank

Loan start date

November 2020

Original loan amount

$1,450,000

Est. remaining balance

Not provided

Interest rate

2.89%

Loan type

Commercial

Seller

John Williams

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/28/2025 at 7:00 AM

Listing updated: 02/28/2025 at 12:36 AM

Listed by: Duncan C. Wheeler, Compass

MLS: SFAR #425014722

SFAR logo

Recently listed in San Francisco