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$849,000

Beds
7
Baths
3.0
sq ft
2,274

1463 Thomas Ave, San Francisco, CA 94124

1463 Thomas Ave

San Francisco, CA 94124

  • <1 day on market
    • Open house Jan 26
Calling all investors!!! Great investment property features 3 units consisting of the upper unit 3 beds/1 bath, the middle unit 3 beds/1 bath, and the lower unit 2 beds/1 bath with a large backyard. Tenants pay all utilities. Close to shopping, restaurants, public transportation, and freeways, and more! Currently listed under the single-family home, the seller is in the process of getting the triplex permit. There is nothing but upward potential here! Enjoy the great sweat equity opportunity!

Details

Property type

Single Family Residence

Est. home value

$784,788

Lot size

2,495 sq ft

Price per sq ft

$374

Year built

1990

HOA

No

Price History

01/19/2025
BridgeMLS

BridgeMLS #41082966

Listed
$849,000
+32.89%
07/08/2020
SFAR

SFAR #496236

Sold
$638,888
+10.15%
09/30/2016
SFAR

SFAR #447638

Sold
$580,000
+54.67%

Schools & Community

Neighborhood: 

Bayview

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$487,475
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$293,605
Cash to seller
$487,475

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

East West Federal Bank

Loan start date

January 2021

Original loan amount

$383,400

Est. remaining balance

$293,605

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

John Lim and Theingi Win Lim

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: 01/20/2025 at 3:25 AM

Listing updated: 01/19/2025 at 11:40 AM

Listed by: Pa Pa Correa, Keenan Howard Realty, Inc. Phone #: (415) 710-6817

MLS: BridgeMLS #41082966

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