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3701 Washington Street

David Geffon Purchases Beaux Arts Home From William And Leigh Matthes For $26 Million In San Francisco
SOLDSingle Family

David Geffon Purchases Beaux Arts Home From William And Leigh Matthes For $26 Million In San Francisco

3701 Washington Street

$26,000,000

$3,058/SF

Building Size

8,500 SF

Asset Type

Single Family

Closing

Feb 14, 2025

AI

The 8,500-square-foot Beaux Arts home at 3701 Washington Street, located in Presidio Heights, has been sold for $26 million. This transaction marks San Francisco’s largest residential sale of the year. The property, built in 1902, was fully renovated before the sale took place. The market for the property is San Francisco.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $26,000,000
  • Square Footage: 8,500
  • Price Per Square Foot: $3,059
  • Address: 3701 Washington Street
  • Buyer: David Geffon
  • Seller: William & Leigh Matthes
  • Broker: Malin Giddings - Compass

The seller, William and Leigh Matthes, managed the 3701 Washington Street LLC, while the buyer is associated with the Roxy Bear Trust, managed by David Geffon. Malin Giddings represented the seller in this off-market transaction.

Players

Malin Giddings

Compass

Broker

$46M

vol

2 deals

Broker

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

0.61%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93