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

1040-1042 Howard Street, San Francisco, CA 94103 home-pic-0

1040-1042 Howard Street

San Francisco, CA 94103

ACTIVE
CONDITION: GOOD
4Beds
0Baths
6,540Sq Ft
2,796.55Lot Size

Property Price

LIST PRICE$2,450,000

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

Good
TeardownExcellent

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

3/10

Redding Elementary School

Grades K-5 • 0.9 mi

7/10

Chinese Education Center

Grades K-5 • 1.1 mi

/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.06.5
50%
Baths--
50%
Square foot6,5408,554
50%
Lot Size2,796.555,148.79
50%
Price$2.45M$2.33M
50%
Price per sq ft$375$292
50%
Built year19141900
50%
HOA$0$0
50%
Days on market1680
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

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