1608 Folsom Street, San Francisco, CA 94103, San Francisco, 94103 - 6 bed, 5 bath
1608 Folsom Street
San Francisco, CA 94103
Property Price
SUMMARY
Analysis of 1608 Folsom Street, San Francisco, CA 94103 is currently available with a list price of $2,075,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1914, this property shows its age despite being described as 'well-maintained.' While one bathroom has been recently updated with modern tiling and vanity, the kitchens feature dated cabinets, countertops, and linoleum/vinyl flooring, though appliances appear newer. Other areas retain original architectural details, hardwood floors, and some older light fixtures. The property is functional and habitable but requires minor updates to modernize the overall aesthetic and bring all units up to current standards, consistent with a property that has undergone occasional updates rather than a full recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime SOMA Location
Situated in the highly desirable SOMA district, offering immediate access to tech offices, vibrant nightlife, trendy cafes, and excellent public transportation (BART, Muni, freeways).
- Robust Income Stream
A fully occupied 4-unit building with strong rental income, providing a stable and attractive return for investors.
- Rare On-Site Parking
Features valuable on-site parking for up to 3 standard cars or 2 SUVs, a significant and sought-after amenity in San Francisco.
CONSRISKS & DEFICIENCIES
- Unwarranted Studio Unit
The presence of an 'unwarranted studio unit' introduces potential legal, permitting, and compliance risks that could impact future operations or value.
- Building Age & Future Capital Expenditures
Constructed in 1914, the property, despite being well-maintained, may require significant future capital investments for major system upgrades (e.g., plumbing, electrical, roof) inherent to older buildings.
- Zoning/Unit Count Discrepancy
The listing as a 'Triplex' while described as a '4-unit building' with an 'unwarranted studio' suggests potential zoning or legal unit count discrepancies that warrant further investigation.
About 1608 Folsom Street
Welcome to 1608 Folsom Street a well-maintained and fully occupied 4-unit building in a vibrant and highly accessible part of San Francisco. This property features three spacious 2-bedroom, 1-bathroom units, each offering a full kitchen, sit-in dining area, in-unit washer and dryer, and thoughtful layouts ideal for comfortable living. Additionally, there is an unwarranted studio unit, also fully rented, providing added income potential.Som e units include private outdoor balconies or patios, perfect for relaxing or entertaining. The property also offers on-site parking for up to 3 standard cars or 2 SUVs a rare and valuable amenity in the city. Located in the heart of SOMA, this property is just steps away from Trendy cafes, nightlife, artisan breweries, and major tech offices. Easy access to BART, Muni, and freeways makes commuting a breeze. With strong rental income and surrounded by some of the city's most dynamic amenities, 1608 Folsom is a smart addition to any investment portfolio.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1914
- Lot Size
- 2,186.71 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 5 (5 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 6.0 | 50% |
| Baths | 5.0 | 3.0 | 80% |
| Square foot | 4,185 | 3,656 | 60% |
| Lot Size | 2,186.71 | 2,000 | 60% |
| Price | $2.08M | $1.39M | 80% |
| Price per sq ft | $496 | $479 | 60% |
| Built year | 1914 | 1914 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 228 | 171 | 0% |
Pricing History
Listed for Sale
Jul 22, 2025
$2,075,000
Initial Listing