$3,525,000 Acquisition Loan Secured for Multifamily Property in San Francisco, CA
Mar 25, 2026 Bridge Lender
Deal Summary
First Bridge Funding recorded a $3,525,000 deed of trust crossing four San Francisco multifamily parcels anchored by 230 Pierce Street. The loan was executed March 25, 2026 and recorded March 31, 2026 in San Francisco County under document 31856 (APN 0847-024), crossed against three additional parcels. County records list the owner as 1522-1524 Fell Street Llc.
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Transaction Details
- Closing Date
- Mar 25, 2026
- Loan Amount
- $3,525,000
- Loan Type
- Bridge Lender
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Multifamily
- Source
- County record
Property
- Address
- 230 Pierce St
- City, State
- San Francisco, CA
- Market
- San Francisco
Property Facts
- Building Size
- 3,930 sq ft
- Lot Size
- 3,125 sq ft (0.07 ac)
- Year Built
- 1900
- Stories
- 2
- Buildings
- 1
- Zoning
- RH3
- Subtype
- Multi Family (General)
- Units
- 5
- Floor Area Ratio
- 1.15
Sale History
Last sold for $2,750,000 on Mar 27, 2026. Prior owner Private party.
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Mar 31, 2026 | FIRST BRIDGE FNDG LLC | $3,525,000 | Deed Of Trust | CONVENTIONAL |
| Jul 30, 2024 | Private party lender | $305,000 | Deed Of Trust | PRIVATE PARTY LENDER |
| Jul 30, 2024 | Private party lender | $250,000 | Deed Of Trust | PRIVATE PARTY LENDER |
| Jul 10, 2013 | RMR FINANCIAL | $424,000 | Interspousal Deed Transfer | |
| Aug 25, 2004 | CALIFORNIA SVGS BK | $350,000 | Deed Of Trust | CONVENTIONAL |
| Dec 4, 1990 | Private party lender | $40,000 | Mortgage | PRIVATE PARTY LENDER |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.