3 months on rocket

342 Spruce St, San Francisco, CA, 94118

$7,550,000

26 Bedrooms
0 Baths
12,705 SqFt
$594/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
ParkingGarage
Garage1 space
Year Built1909
MLS #424061342
Lot Size0.13 Acres
StatusActive

About 342 Spruce St

Situated at the intersection of Spruce and Sacramento streets, this exquisite courtyard-style property captures the essence of the neighborhoods grandeur, location, and rich history. Comprised of 3 floors, the building is fully detached and hosts 9 spacious flats (4 are vacant), each offering a generous layout. Most units have 3 bedrooms, formal dining and living rooms, large kitchens and pantries, and rear porches with washer and dryers. The building stands at 12,705 square feet and has one-car parking. Much of building systems were upgraded over the past decade: new roof, renovated stucco faade, rebuilt rear stairs and a seismic upgrade. Cherished by the same family for three generations, the propertys allure makes it an ideal choice for seasoned investors seeking a long-term hold, while its inherent charm offers an exciting opportunity for value-add operators looking to further elevate its already impressive appeal. Sacramento Streets boutiques, cafes and restaurants all nearby, while Laurel Village is 1 block away.

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Stories: 0
  • Living Area: 12,705 SqFt

Listing Office:

  • Office Name: Maven Commercial, Inc.
  • Office Phone: (415) 781-7700
  • Listing Agent: Matthew C Sheridan

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 26

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,550,000
  • Price Per SqFt: $594/SqFt
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Housing Market Comparison

See how this home compares to others in San Francisco, CA.

Med. Sold Price

$1.4M

Med. Price/SqFt

$958

Avg. Days On Market

46

# of Sold Homes

403

342 Spruce St vs San Francisco

113 DAYS ON ROCKET

+67 Days

$7,550,000

+$6.1M More

$594/SqFt

-$364 Less

KEY TAKEAWAY

This property is $6.1M more than the Median Sold Price and $364/SqFt less than other homes in San Francisco, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: San Francisco Association of REALTORS®
  • MLS Number: #424061342

Listing Office:

  • Office Name: Maven Commercial, Inc.
  • Office Phone: (415) 781-7700
  • Listing Agent: Matthew C Sheridan

IDXListings 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©, but is not warranted. IDX information is provided exclusively 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 Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2024 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$37.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$22.7K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-894049
9
/10
  • George Peabody Elementary School

  • 251 6th Ave

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-894050
5
/10
  • Dr. William L. Cobb Elementary School

  • 2725 CA St

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-894051
7
/10
  • New Traditions Elementary School

  • 2049 Grove St

  • 0.96 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $175,000. Residents of San Francisco, CA typically earn $200k+ each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaSan Francisco CountySan Francisco94118342 Spruce St

This home is located at 342 Spruce St in San Francisco, CA and zip code 94118 in the Northwest neighborhood. This 12,705 square foot home, which was built in 1909, sits on a 0.13 acre lot. Features: 26 bedrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $7,550,000.

In November 2024, from all listings sold in San Francisco, CA there were more than 208 sold above asking price, over 151 sold below and more than 41 were sold right at the asked price. The number of homes for sale in San Francisco, CA decreased by 16.1% between October 2024 and November 2024. Listings spent 46 days on the market in November 2024, and had a median list price of $1,412,216 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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