Sold
Closed
1488 Fulton Street
San Francisco CA, 94117
$2,950,000
$339.08 per sqft
Sold
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
November 22, 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 11/22/2024.
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 Jeffrey Marples shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 10:52 PM UTC, 11/22/2024