1016-1020 Noe Street, San Francisco, CA 94114, San Francisco, 94114 - 7 bed, 1 bath

1016-1020 Noe Street, San Francisco, CA 94114 home-pic-0

1016-1020 Noe Street

San Francisco, CA 94114

ACTIVE
CONDITION: POOR
7Beds
1Baths
2,244Sq Ft
4,100Lot Size

Property Price

LIST PRICE$3,700,000

SUMMARY

Analysis of 1016-1020 Noe Street, San Francisco, CA 94114 is currently available with a list price of $3,700,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property is explicitly described as a 'true fixer' requiring substantial capital investment and extensive renovation to reach its market potential. Built in 1900, the interior shows aged hardwood floors, an outdated kitchen with basic appliances, and a bathroom with old fixtures and wood paneling. The exterior rear area shows significant wear and deferred maintenance, aligning with the criteria for a property needing major rehabilitation.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Noe Valley Location

    Situated in one of San Francisco's most coveted neighborhoods, the property offers exceptional walkability to the 24th Street retail corridor, Whole Foods, and local cafes.

  • Condo Conversion Complete

    The property consists of four units already converted to condominiums with separate APNs, providing maximum flexibility for individual resale or strategic exit strategies.

  • Significant Value-Add Potential

    As a 'true fixer' in a high-demand area, this property presents a rare opportunity for investors to build substantial equity through comprehensive renovation and repositioning.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Required

    The property is in fixer condition, necessitating a substantial capital investment for repairs and modernization to reach its full market potential.

  • Legal and Ownership Complexity

    With one unit currently in foreclosure and ownership split between different parties, the transaction may involve more complex escrow and legal coordination than a standard sale.

  • Tenant-Occupied Units

    Two units remain tenant-occupied, which limits immediate access for full-building renovation and requires compliance with San Francisco's strict rent control and tenant protection laws.

About 1016-1020 Noe Street

1016-1020 Noe Street | Four-Unit Condominium-Converted Multifamily | Noe Valley 1016-1020 Noe Street presents a rare opportunity to acquire a four-unit multifamily property in the heart of Noe Valley. Each unit has been condo converted and carries its own separate APN. There's a combined square footage of 4,197 sqft across all four condos in the building. offering exceptional flexibility for investors, owner-users, or partners seeking a strategic acquisition. Three of the four units are currently owned by one landlord, with the fourth unit owned separately. All ownership parties are aligned and willing to sell, creating the opportunity to purchase the entire building. Additionally, select units are available for individual purchase. The property is a true fixer, ideal for buyers looking to reposition and add value. Two of the units are delivered vacant and represent the larger, more desirable residences within the building. The remaining two units are tenant-occupied. One condominium is currently in foreclosure, while the other three units are not. Located on Noe Street between Elizabeth Street and 23rd Street, the property sits in one of San Francisco's most sought-after neighborhoods. Just moments from Whole Foods, neighborhood cafs, and the vibrant 24th Street retail corridor, the location offers premier walkability and long-term desirability. This is a compelling value-add opportunity in a prime Noe Valley location with multiple exit strategie, please contact Cris Lamas or Wyatt Cendak.

Property Details

Public Facts

Property Type
Condominium
Year Built
1900
Lot Size
4,100 Sq. Ft.

Interior

Total Bedrooms
7
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds7.02.0
98%
Baths1.02.0
38%
Square foot2,2441,247
92%
Lot Size4,1002,749
85%
Price$3.70M$1.53M
98%
Price per sq ft$1.6K$1.1K
96%
Built year19001923
21%
HOA$0$300
11%
Days on market24185
2%

Pricing History

Listed for Sale

Feb 11, 2026

$3,700,000

Initial Listing

Browse Properties by State Browse housing market trends by state