Updated Dec 4, 2024
3630 Jackson LLC Acquires Karl Peterson's Presidio Heights Home For $24M
3630 Jackson Street
$24,000,000
$2,000/SF
Building Size
12,000 SF
Asset Type
Single Family
Closing
May 16, 2024
About this deal
AI
The Single Family property located at 3630 Jackson Street in San Francisco has been sold by seller Karl Peterson of Hotwire to buyer 3630 Jackson LLC for a sale price of $24,000,000. The asset spans 12,000 square feet with a price per square foot of $2,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $24,000,000
- Address: 3630 Jackson Street
- Market: San Francisco
Broker Steve Mavromihalis of Compass represented the deal between the seller and buyer, helping facilitate the transaction. Venture capitalist Karl Peterson, the seller, included a controversial private pickleball court on the property, which eventually sold for $24 million to 3630 Jackson LLC, a buyer linked to Texas.
Players
San Francisco Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93