Closed

1488 Fulton Street

San Francisco CA, 94117

$2,950,000


$339.08 per sqft

Closed

13 Beds

8,700 sqft

Multi-family

Built in 1910

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!

424010645

MLS ID

February 22, 2024

Listed

May 15, 2024

Updated

Map

1488 Fulton Street
San Francisco CA, 94117

Interior Features

Total Stories

0


Bedrooms

13


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.07 Acres


Lot Features

None

Other Property Details

Area Name

SF District 6


Garage

No


Parking Total

0


View

No


County

San Francisco


Pool

No

Listing History

Date

Event

Price

5/14/2024

Sold

$2,950,000

3/15/2024

Pending

Bought with Adam D Filly with Compass Commercial and Listed by Adam D Filly (DRE #DRE #01354775) with Compass Commercial 

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 5/15/2024.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Renée Gonsalves | CA DRE# 01365295 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 San Francisco Association of REALTORS. All rights reserved. 

Data last updated 1:09 AM UTC, 5/15/2024

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