$2,985,000 Refinance Secured for Multifamily Property in San Francisco, CA
Apr 6, 2026 Bank
Deal Summary
Citizens Bank recorded a $2,985,000 deed of trust on a 9 unit multifamily property at 1961 Jefferson Street in San Francisco. The loan was executed April 6, 2026 and recorded April 9, 2026 in San Francisco County under document 34130 (APN 0914-006). County records list the owner as Penny Lane Real Estate Llc.
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Transaction Details
- Closing Date
- Apr 6, 2026
- Loan Amount
- $2,985,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Multifamily
- Source
- County record
Property
- Address
- 1961 Jefferson St
- City, State
- San Francisco, CA
- Market
- San Francisco
Property Facts
- Building Size
- 5,898 sq ft
- Lot Size
- 3,781 sq ft (0.09 ac)
- Year Built
- 1927
- Stories
- 3
- Buildings
- 1
- Zoning
- RM2
- Subtype
- Multi Family (General)
- Units
- 9
- Floor Area Ratio
- 1.56
Sale History
Last sold for $3,580,000 on Jul 7, 2023. Prior owner Private party.
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 9, 2026 | CITIZENS BK NA | $2,985,000 | Deed Of Trust | CONVENTIONAL |
| Apr 15, 2025 | CITIZENS BK NA | $2,700,000 | Deed Of Trust | CONVENTIONAL |
| Sep 14, 2023 | JOHNSON W & C 1998 L/TR (LT) | $500,000 | Deed Of Trust | PRIVATE PARTY LENDER |
| Jul 13, 2023 | BEACON BUSN BK NA | $2,340,000 | Deed Of Trust | CONVENTIONAL |
| Oct 9, 1991 | BANK OF CA | $378,000 | Mortgage | CONVENTIONAL |
| May 23, 1990 | SMALL BUSN ADMN | $89,800 | Mortgage | SBA |
| Mar 8, 1988 | BAYSIDE FED'L S&L | $285,000 | Mortgage | CONVENTIONAL |
| Mar 27, 1987 | MERIDIAN NAT'L BK | $67,255 | Mortgage | CONVENTIONAL |
| Aug 31, 1983 | PAN AM N BK | $420,000 | Mortgage | PRIVATE PARTY LENDER |
| Sep 24, 1981 | Private party lender | $92,600 | Mortgage | PRIVATE PARTY LENDER |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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