1040-1042 Howard Street, San Francisco, CA 94103, San Francisco, 94103 - 4 bed, bath

1040-1042 Howard Street
San Francisco, CA 94103
Property Price
SUMMARY
Analysis of 1040-1042 Howard Street, San Francisco, CA 94103 is currently available with a list price of $2,450,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is a well-maintained, turnkey mixed-use building that has undergone significant recent updates. While the structure dates back to 1914, the residential units feature modern improvements such as stone countertops, LVT flooring, and updated kitchen tiling. The building is move-in ready with a robust 400-amp electrical service and functional, separately metered utilities, though it retains some vintage infrastructure characteristic of its age.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Value-Add Potential
The large ground-floor commercial space is delivered vacant and includes a full kitchen and laundry, offering immediate owner-user utility or a high-potential residential conversion opportunity.
- Turnkey Condition
This professionally managed asset features tastefully updated residential units with stone countertops and LVT flooring, ensuring a move-in ready investment with minimal immediate capital expenditure.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1914, the property may require higher long-term maintenance reserves and ongoing oversight of aging systems typical of century-old San Francisco structures.
- Urban Location Dynamics
Situated in the SOMA district, the property is subject to the neighborhood's specific urban challenges and market volatility, which can impact long-term appreciation and tenant turnover.
About 1040-1042 Howard Street
1040 Howard Street is a nine-unit mixed-use property located on a strong block in SOMA. This turnkey asset has been professionally managed and well maintained, offering an excellent investment opportunity. The property consists of four one-bedroom units, four studios, and a large ground floor commercial space. The commercial space will be delivered vacant and occupies the entire ground floor of the building. It features a large open area upon entry, a full kitchen, in-unit laundry, and three additional rooms that could serve as private offices. Alternatively, a new owner may explore the potential to convert the space to a residential unit, for which the layout is well suited. Most of the residential units have been tastefully updated in recent years. Improvements include tile kitchen floors, stone countertops, LVT flooring, and select newer windows. Common areas are well maintained. The main electrical indicates 400 amps of service, and all units are separately metered for gas and electricity. It is flanked on both sides by a nonprofit that provides a positive and stabilizing presence on the block. Overall, this is a compelling opportunity to acquire a turn-key mixed-use building with upside potential at an attractive entry-level price point.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1914
- Lot Size
- 2,796.55 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Francisco Unified Schools
Tenderloin Community
Grades K-5 • 0.7 mi
Redding Elementary School
Grades K-5 • 0.9 mi
Chinese Education Center
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 6.5 | 50% |
| Baths | - | - | 50% |
| Square foot | 6,540 | 8,554 | 50% |
| Lot Size | 2,796.55 | 5,148.79 | 50% |
| Price | $2.45M | $2.33M | 50% |
| Price per sq ft | $375 | $292 | 50% |
| Built year | 1914 | 1900 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 80 | 50% |
Pricing History
Listed for Sale
Feb 19, 2026
$2,450,000
Initial Listing
Sold
Sep 6, 2002
$1,185,000
Public Record
Sold
Mar 3, 1998
$685,000
Public Record



























