Adam Joseph Phillips is a serial evictor of San Francisco. He has been behind the evictions of at least 16 units.
On March 29, 2018, he Ellis Act evicted 6 units at 4391-4399 24th Street/401-405 Hoffman Avenue through 24th & Hoffman Investors, represented by lawyer Jonathan Seigel.
On March 20, 2017, he Ellis Act evicted 4 units at 3039-3041 California Street through 3039 California Investors, LLC with Michael C. Hall. He previously declared Buy Out evictions in these properties in 2016.
He also was affiliated with four Buy Out evictions on February 9, 2017 at 672 Castro Street.
His 3340 San Bruno underwent an Owner-Move-In Eviction on April 7, 2014, and then a Non-payment of Rent eviction on April 15, 2016.
Some of his current and past buildings have undergone evictions before he bought them.
For instance, his 744 Union Street (6 units) was Ellis Act evicted on 9/10/2004 by serial evictor Wb Coyle, along with Above Water, LLC, North Beach Partners, LLC, Sarah Beach, Scott Hewlett Johnson, Adam B. Richey, John Sollner, and McKenzie Ward. It was then again Ellis Act evicted on January 28, 2008 by the same team, including Michelle Richey.
His 936 Irving Street suffered two “Roommate Living in the Same Unit” evictions in 2002.
His past 2749 Bryant Street underwent an Owner-Move-In eviction in 1997.
His 371 Noe Street underwent eviction on August, 26, 2013.
His 672 Castro suffered a Breach of Lease eviction in 2002, and then again on May 11, 2010. Phillips then bought the units out in 2017.
His 3111 24th Street underwent a Breach of Lease eviction on October 24, 2012.
Companies and Properties
Phillips has been the Principle at 366 Development, LLC since 2007. Before that, he worked for Charles Schwab, and was responsible for a portfolio of Charles Schwab real estate locations. 355 Development has been described as “a small value investor through real estate.” He also runs Phillips Investment Advisors, LLC.
In the past, he ran Lafayette Ridgeview Partners, LLC and Phillips Developments, LLC.
His businesses are based out of:
366 Developments LLC
Current San Francisco Properties associated with 366 Development LLC and Adam J. Phillips
4391 24th Street
371-373 Noe
744 Union
1710-1714 48th Avenue
859 South Van Ness
672-676 Castro
3340 San Bruno
115-117 Sanchez
265-267 21st Avenue
2170 Mission
120 San Rafael Way
936-938 Irving
431 Tehama
314-316-318 Chestnut
3111 24th Street
366 Development LLC is a managing member of the following:
Eviction Stories:
Upon acquiring 3039-3041 California Street, Adam pressured the tenants to take a buyout but they refused, which is when Adam decided to get rid of the tenants by using the Ellis Act. This building is home to some of the few black, senior and disabled female tenants who have managed to remain in their homes.
The following year, he turned to 4391-4399 24th Street/401-405 Hoffman Avenue. As Mission Local has reported, the Hoffman Street building had been “an enclave for artists and teachers. With rents kept below market, its previous owner, Imogene Tex Gieling, was able to house people she deemed essential to the city. She turned a condemned turn-of-the-century outpost into an artist commune. The site was founded by Karen Lee, and was “affectionately called ‘The Compound’ by its residents, to be the perfect place to help her budding gardening business grow.”
The Ellis Act Eviction began in 2018. Per Mission Local, “Calling themselves the “Adams Family,” half a dozen tenants from across the city have teamed up to counter the same property developer, Adam Phillips, who runs an LLC called 366 Developments. Philips and his company have purchased as many as 10 properties in the city in the past three years. He claims he’s only had to use the Ellis Act to evict tenants twice over 10 years. Tenants’ activists, however, claim Phillips has put out dozens of tenants, with many leaving prior to the formal filing of an eviction.Lee is one of four remaining tenants at 4397 24th Street, a six-unit property where she has resided since 2010. Planning Department documents reveal that the property was purchased for $3.9 million in December 2017. By January 2018, Phillips began emailing tenants with buyout offers.
Emails obtained by Mission Local indicate that Phillips bought the property with the sole intention of flipping it after renovations. These emails highlight profit margins, prices per square foot, and rental buyout negotiations. A Jan. 9, 2018 email to tenants went as far as detailing how Phillips planned to nearly double his initial investment to $6 million.
In a March 21, 2018 email, Phillips offered Lee and her flatmate Aya Osada a $125,000 buyout — with conditions. In order to pocket this money, Lee and Osada would have to give a declaration regarding another tenant, known only as “Janet,” whom Phillips suspected was not actually residing in her unit.
Lee tells Mission Local that she was unsure whether Janet lived in the unit or not — and was uncomfortable making a definitive statement in order to receive payment.
In October 2018 Lee and Osada filed a complaint against Phillips, alleging unlawful business practices.
“Defendants conditioned payment of the buy-out funds on Plaintiffs providing testimony that met Defendants’ approval,” reads the suit.”
