Movoto Real Estate
Sold on 12/10/2024
  • Exterior
  • Entry Way
  • Other
  • Living
  • Dining
  • Kitchen
  • Bath
  • Bedroom
  • View/Area
  • Floorplan

505 23rd Ave, San Francisco, CA 94121

$1,904,000

Last sold 12/10/2024 for $1.56M

  • 8

    bed

  • 3

    bath

  • 3,867

    Sqft ($403/Sqft)

Multi-family not for sale

About 505 23rd Ave

Property type Multi-family
Neighborhood
Year built 1913
HOA fee $0/month
Lot size 2,770 Sqft
Movoto estimate
Property description
Major Price Improvement! Don't miss this incredible opportunity to own a TRIPLEX in the highly desirable Richmond District of San Francisco! This property features a vacant 3-bedroom, 1-bath unit, plus two rented units that are already generating a steady income. The vacant unit holds immense potential for Airbnb, offering an excellent opportunity to maximize rental income. The property boasts an expansive backyard, perfect for relaxation and entertaining. Ideally located, this triplex is close to all essential amenities, Golden Gate Park, and the diverse dining options on Clement Street in Inner Richmond. Excellent mass transit options on Geary Street provide convenient access to the entire city. Situated in a tranquil neighborhood with easy access to both nature and cultural attractions, this property represents a prime investment opportunity. Act now and make this exceptional triplex yours!
Listed by
Listing Agent - Dulmaa Bor
Listing Office - Mosaik Real Estate
Source: SFARMLS mls logo
MLS#424053391 • last updated 1 year ago
Movoto checked SFARMLS for data Just now
Overview
Levels/Style Three, 0, 0
SqFt 3867
SubType Triplex, Flats
Type Residential Income
MLS # 424053391
Status Closed
Lot Size (Acres) 0.0636
Lot Size (SqFt) 2770
Year Built 1913
Condition Original, Updated/Remodeled
Interior
Total # of Rooms 16
Flooring Carpet, Linoleum, Wood
Exterior
Lot Desc Garden
Amenities / Utilities
Security Features Smoke Detector
Location
County San Francisco
Subdistrict Central Richmond
APN 1566-002
Multifamily Details
Unit 2: # Bedrooms 2
Unit 2: # Full Baths 1
Unit 1 Flat, 507 23rd Ave
Unit 3 Flat, 505 23rd Ave
Unit 2 Flat, 509 23rd Ave
Unit 3: Rent 1568
Unit 2 Sqft Source Not Measured
Unit 1: # Bedrooms 3
Unit 2: Rent 2600
Unit 1: # Full Baths 1
Unit 3: # Bedrooms 3
Unit 3: # Full Baths 1
Unit 3 # Of Rooms 3
# Units Furnished None
# Of Units Total 3
# Of 4 Bedroom Units 1
# Of 3 Bedroom Units 1
# Of 2 Bedroom Units 1
# Of Units Vacant 1
# Of Units Leased 2
Gross Rent Multiplier 31.19
Cap Rate 3.02
$1.9M
Range: $1.59M-$2.2M
Last 30 days 
  • Dec 2024
    Public Records
  • Dec 20, 2024 Sold
    $1,560,000
  • Dec 2024
    mls logo MLS # 424053391
  • Dec 20, 2024 Sold
    $1,560,000 (+7.6%)
  • Dec 10, 2024 Pending
    —
  • Oct 17, 2024 Price Change
    $1,450,000 (-9.3%)
  • Oct 9, 2024 Price Change
    $1,598,000 (-5.9%)
  • Jun 6, 2024 Listed
    $1,698,000 (-8.2%)
  • Apr 2024
    mls logo MLS # ML81952156
  • Apr 15, 2024 Price Change
    $1,850,000 (-5.1%)
  • Mar 17, 2024 Price Change
    $1,950,000 (-15.2%)
  • Jan 22, 2024 Listed
    $2,300,000
  • Year Property taxes Tax assessment
  • 2024
    $3,153 +6.4%
    $156,145 +2.0%
  • 2023
    $2,964 +4.0%
    $153,085 +2.0%
  • 2022
    $2,849 +1.8%
    $150,088 +2.0%
  • 2021
    $2,800 -6.1%
    $147,148
  • 2020
    $2,981 +2.8%
    $147,148 +1.03%
  • 2019
    $2,901 +3.4%
    $145,642 +2.0%
  • 2018
    $2,806 +13.1%
    $142,789 +1.99%
  • 2017
    $2,480 +3.2%
    $139,997 +2.0%
  • 2016
    $2,403 +1.5%
    $137,255
  • 2015
    $2,368
    —
  • 505 23rd Ave
    $1.56M
  • Outer Richmond
    $1.49M -16% y/y
  • 94121
    $1.89M +2% y/y
  • San Francisco
    $1.19M 0% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
7/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Outer Richmond

Explore everything this neighborhood has to offer. Learn more about Outer Richmond.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in San Francisco, CA

Nearby homes for sale in San Francisco, CA

Newest listings in 94121

  • Real Estate
  • CA
  • San Francisco County
  • San Francisco
  • 94121
  • Outer Richmond
  • 505 23rd Ave
Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by San Francisco Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
SFAR Multiple Listing Service™ system
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS(R), but it not warranted. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.