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Nob Hill 4 Units - $1,595,000

6-12 Leroy Place

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Sold for $1,535,000 - 10/08

Abstract:

Charming Victorian-style units in a very quaint Nob Hill location not on the market for over 60 years.  Dramatic owner’s unit has a 2 story living room with loft & City Views, formal dining room, 2 bedrooms, 2 baths, & deck. Two units are 1 bedroom, 1 bath and one unit has 1 bedroom, 2 baths & a formal dining room.  All units have private decks and there is a 2 car garage and extra storage.

Description:

#10 (Vacant Upper unit): Two story living room has floor to ceiling windows with dramatic City Views, gas fireplace and a spiral staircase with custom iron work leading to a loft with wonderful views and access to the roof (potential roof deck?).   The formal dining room is separated from the living room by the fireplace tower.   The kitchen was remodeled in the 60’s with built in double ovens & gas cook top but has updated appliances including a Miele dishwasher, trash compactor & stainless steel refrigerator.  Off the kitchen and master bedroom is a large deck. There are two bedrooms and two baths one of which has a stack washer/dryer. This unit is vacant.      

#12:Large living room with wood burning fireplace & wet bar, large formal dining room with French doors leading to a side deck, remodeled kitchen generous cabinets, gas range, dishwasher, disposal, refrigerator and a built in eating area.  There is a spacious bedroom with an ensuite bath with stall shower, tub and washer & dryer.  A second bath is off the hall. This unit is currently occupied on a month-to-month basis at $1550 with one parking space and will be VACANT at close of escrow.

#6: Distinctive one bedroom with a large living room with wood burning fireplace and a dining area, French doors leading to a small side deck.  The bedroom is spacious and the bath has a shower over the tub.  The kitchen is large and has a gas range, disposal, refrigerator and dishwasher.  Rent is $600 for unit and $125 for one parking space.  This tenant is protected and was willed a lifetime rent freeze.

#8:
Dramatic one bedroom with a grand living room with wood burning fireplace, alcove and French doors to side deck.  The bedroom is light filled and the bath has a shower over the tub.  The kitchen is remodeled with generous cabinets, gas range, dishwasher, refrigerator, and built in eating area.  Rent is $300 per month and this tenant is protected and was willed a lifetime rent freeze.

There is a 2 car garage with additional storage.

Taxes:

Property taxes will be reassessed upon sale and the tax rate for 2008-2009 is 1.163% of the sales price.

Remarks:

This is a trust sale and trustees have not lived in the property. Prospective buyers are advised to review, prior to making any offer, the Disclosure package at www.fidelityestatus.com login is 5611 and password is your e-mail address. Escrow to be with Fidelity National Title Company, 2001 Union Street, Nga Locasso escrow officer, escrow #943904.

To Show:

To show, contact Janis Stone at (866) 224-8024.

9/08