
San Francisco, CA 94114
This property presents a High-Potential Investment Opportunity with a List Price of $623,000, which aligns with the $623,000 Fair Market Value. While the property is currently in a Condition Rating of 5, the top-floor layout and sizable shared deck offer significant indoor-outdoor potential for value-add renovations. Located in the heart of Noe Valley, this asset provides a strategic entry point into a high-demand neighborhood. This is a prime acquisition for Buy-and-Hold Investors or Contractors seeking to modernize a well-located, under-capitalized asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1016 Noe Street B Subject | $700,000* List Price | 1 | 1 | 785 | $875 | - |
A 1016 Noe Street B Active | $580,000 List Price | 1 | 1 | 694 | $836 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1900 and offered 'as-is,' the property is in original/dated condition with a kitchen and heating system (wall unit) that appear to be over 30-50 years old. The listing explicitly targets contractors and investors for a value-add rehab, indicating it needs significant modernization and likely system overhauls.
Situated in the heart of one of San Francisco's most desirable neighborhoods, the property boasts a high walkability score with immediate proximity to the 24th Street retail corridor and Whole Foods.
As a top-floor unit offered in 'as-is' condition, this property provides a meaningful opportunity for investors or owner-users to build equity through strategic renovations and customization.
The presence of a sizable shared deck and strong indoor-outdoor potential is a rare and highly sought-after feature for San Francisco condominiums, increasing its market appeal.
The property is sold in its current state, which likely requires immediate and potentially significant capital investment for repairs and modernization.
With 111 days on the market, the listing may face buyer skepticism regarding its pricing strategy or underlying condition compared to faster-moving inventory in the area.
Contractor special and amazing potential upside opportunity. This top-floor condo is part of a four-unit condominium building offered individually or together alongside 1016 #A, 1018, and 1020 Noe St. The property presents a unique opportunity for expanded investment, multi-generational living, or long-term value. Featuring a sizable shared deck, shared patio, with strong indoor-outdoor potential. Offered as is, it presents meaningful upside for an owner-user, contractor, investor, or family with a vision seeking to add value and customize a well-located asset. Ideally located in the heart of Noe Valley, moments from Whole Foods Market, the vibrant 24th Street corridor, and the neighborhood's best cafes and boutiques. Don't miss the opportunity to own in one of San Francisco's most walkable and sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 785 | 1,093.715 |
| Lot Size | 2,483 | 10,543.457 |
| Price | $700.0K | $1.21M |
| Price per sq ft | $892 | $1.1K |
| Built year | 1900 | 1989 |
| HOA | $0 | $832 |
| Days on market | 158 | 69 |
Aug 18, 2026
$700,000
$560,000
+25% Price Increase
Initial Listing
Jul 25, 2026
$560,000
$623,000
-10% Price Drop
Initial Listing
Apr 4, 2026
$623,000
Initial Listing