• Address:
    1488 Fulton 1498 Street, San Francisco, CA, 94117
  • Neighborhood:
  • Sq. Ft.
    8,700
    Sq. Ft.
  • Info:
    Bedrooms: 0
    Parking: 0
  • Price:
    $2,950,000
    $339 / Sq. Ft.

1488 Fulton 1498 Street, San Francisco, CA, 94117 - Property Description

1488 Fulton Street is a turn-key corner asset in one of the city's best rental locations. In the heart of NOPA, only two blocks from Divisadero, this investment has much to offer. Each unit has a private entrance off the street, providing a house-like feel. Four of the apartments are spacious 3bd units that maintain much of their original charm and character. There is a large and nicely finished 1bd unit at the ground level. The sixth unit is a corner retail space that is occupied by a fitness studio with a lease that runs through August 2026 with one 5yr extension option. The upper flats have been nicely upgraded and maintained. They boast high-ceilings, decorative fireplaces, and great natural light. Several of them have in-unit laundry. Each unit is separately metered for water, electricity, and gas, thus keeping operating expenses very low and insulating the landlord from increases in utility costs. The soft-story seismic retrofit was completed in 2020. This is a rare opportunity to purchase a turn-key asset in the best NOPA location. Priced to sell at 5.7% cap rate!

Price Insights

Estimate $2,950,000
Price per Square Foot $339 / Sq. ft.

Home Facts

Property Type 5 or More Unit
Bedrooms 0
Bathrooms 0
Interior Area (Sq. Ft.) 8,700
Year Built 1910
Status closed
Days on Market 82
MLS (closed) 424010645

Property Location

  • * Listing Courtesy of: Compass Commercial
  • * Disclaimer: MLS listing information is deemed reliable but is not guaranteed by the service.
  • * Listing Agent: Adam Filly

Listing Details for 1488 Fulton 1498 Street

HOA Information

HOA Information
  • Association: No
  • # of Units (Total): 6

Interior Features

Interior Features
  • # of Rooms: 22

Property History for 1488 Fulton 1498 Street

  • Today
  • 2024-05-14
    Date
    Sold
    San Francisco MLS #424010645
    $2,950,000
    Price

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Matt Fuller

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