
San Francisco, CA 94114
This Strategic Portfolio Asset represents a Strong Value Opportunity with a List Price of $540,000—positioned well below the $578,210 Fair Market Value by 6%. This valuation provides $38,210 in Instant Equity. Currently tenant-occupied with a Condition Score of 4, the unit features a private deck and patio with significant value-add potential. Located in prime Noe Valley near Top-Rated Schools like Lowell High, this acquisition is contingent on a three-unit portfolio purchase. It is an ideal play for Portfolio Investors and Value-Add Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1020 Noe Street Subject | $448,000* List Price | 1 | 1 | 640 | $700 | - |
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 moderate renovation needed.
The property was built in 1900 and is described as 'clean' and tenant-occupied, indicating it is functional and livable. However, the lack of interior photos and absence of mentioned upgrades suggest the kitchen, bath, and systems are likely dated (>20 years) and will require cosmetic or minor mechanical updates to meet modern market expectations.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in the heart of Noe Valley between Elizabeth and 23rd, the property offers unparalleled access to the 24th Street corridor, Whole Foods, and the city's finest cafes and boutiques.
The residence boasts an exceptional walk score, located just steps away from essential amenities and vibrant neighborhood hubs, making it highly attractive for urban dwellers.
The sale is contingent upon the simultaneous purchase of two additional units in a portfolio, requiring a total combined investment of $3,021,000, which limits the buyer pool.
Being tenant-occupied with no interior photos available for privacy reasons, prospective buyers face challenges in assessing the current condition and immediate renovation needs of the unit.
This condo is part of a four-unit condominium building including 1016 #A, #B, and 1018 Noe St. The property presents a unique opportunity for expanded investment, multi-generational living, or long-term value. Featuring a sizable shared deck, with strong indoor-outdoor potential. Offered as is, it presents meaningful upside for an owner-user, contractor, or investor 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.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 640 | - |
| Lot Size | 2,483 | - |
| Price | $448.0K | $1.27M |
| Price per sq ft | $700 | $1.1K |
| Built year | 1900 | 0 |
| HOA | $0 | $0 |
| Days on market | 110 | 62 |
May 5, 2026
$448,000
$540,000
-17% Price Drop
Initial Listing
Apr 4, 2026
$540,000
Initial Listing