2 Fallon Place 48, San Francisco, CA 94133, San Francisco, 94133 - 2 bed, 2 bath
Loading property details...
San Francisco, CA 94133
This Sophisticated Condominium represents a Strong Value Opportunity, listed at $999,000—positioned well below the $1,100,111 Fair Market Value by 9%. This valuation gap offers $101,111 in Instant Equity for the buyer. Featuring a Move-in Ready Condition Rating, the unit boasts a chef's kitchen, loft-inspired architecture, and panoramic Bay views. With a Walk Score of 98, this residence is an ideal acquisition for Owner-Occupants seeking a luxury lifestyle or first-time buyers prioritizing prime Russian Hill access.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 Fallon Place 48 Subject | $999,000* List Price | 2 | 2 | 973 | $1,131 | - |
A 460 Francisco Street 204 Sold | $945,000 | 2 | 1 | 921 | $1,026 | 0.5 mi |
B 460 Francisco Street 103 Sold | $975,000 | 1 | 1 | 884 | $1,103 | 0.5 mi |
C 600 Chestnut Street 210 Sold | $1,195,000 | 2 | 2 | 1,310 | $912 | 0.4 mi |
D 455 Vallejo Street Sold | $973,000 | 1 | 1 | 825 | $1,179 | 0.5 mi |
E 455 Vallejo Street 309 Sold | $850,000 | 1 | 1 | 825 | $1,030 | 0.5 mi |
F 941 Lombard Street Sold | $1,235,000 | 2 | 1 | 1,066 | $1,159 | 0.4 mi |
G 935 Filbert Street 3 Pending | $1,199,000 List Price | 1 | 1 | 1,012 | $1,185 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building dates to 1980, the unit has undergone a comprehensive modern renovation within the last 5 years. The interior features a chef's kitchen with stone counters and induction cooktop, along with bathrooms fully updated with contemporary vanities, LED lighting, and stone surfaces. With new flooring and mint-condition finishes, the property requires no maintenance and is in move-in ready condition.
Boasting a Walk Score of 98, this residence is situated in a coveted pedestrian-friendly enclave near North Beach and Nob Hill, offering immediate access to iconic parks, dining, and transit.
The loft-inspired design features soaring ceilings and oversized windows that maximize natural light and garden views, creating a sense of space and luxury rarely found in standard city condos.
The property includes the highly desirable benefit of 2-car parking and access to premium community amenities, including a tennis court and a panoramic view deck with sweeping Bay vistas.
The association fee of $1,695 per month is significantly high, which may impact buyer affordability and overall return on investment for potential owners.
While the inclusion of two parking spaces is a benefit, the tandem arrangement can be less convenient for daily use compared to side-by-side parking.
Perched in the heart of Russian Hill, Residence #48 at 2 Fallon Place is a sophisticated 2-bedroom, 2-bath, 2-car parking home offering dramatic loft-inspired architecture, soaring ceilings, and an airy open floor plan designed for both comfortable living and stylish entertaining. The expansive living, dining, and kitchen spaces are filled with natural light from oversized windows overlooking lush garden courtyards, with glimpses of the Bay and surrounding cityscape creating a serene backdrop throughout the home. The chef's kitchen serves as the centerpiece of the residence, featuring a distinctive circular stone counter, induction cooktop, abundant prep space, and an inviting layout ideal for casual dining, elegant gatherings, and conversation-filled evenings. Both full bathrooms have been thoughtfully updated with oversized mirrors, LED lighting, stone countertops, and refreshed flooring, adding a refined contemporary feel. Rich hardwood floors, new carpeting, generous scale, and the home's unique architectural volume create a bright and luxurious living environment rarely found in the city. The residence's 2 car parking is tandem with lots of guest parking available. Community amenities include a tennis court and a panoramic view deck with sweeping vistas of the Bay and San Francisco skyline. Tucked along charming Fallon Place a quaint brick-paved pedestrian lane near the crest of Taylor Street this coveted location offers immediate access to the iconic Vallejo Street Steps and Ina Coolbrith Park, renowned for their breathtaking city and Bay views. Just moments away are the celebrated restaurants, cafs, and boutiques of North Beach and Nob Hill, along with nearby landmarks including Coit Tower, Telegraph Hill, Fisherman's Wharf, and the historic cable car lines. Convenient public transit options include nearby MUNI lines along Stockton, Columbus, and Bay Streets, plus access to the T-MUNI and regional BART connections. Walk Score: 98 | Transit Score: 87
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 973 | 1,019.5 | 50% |
| Lot Size | 21,924 | 4,530.24 | 94% |
| Price | $999.0K | $1.10M | 50% |
| Price per sq ft | $1.0K | $1.2K | 28% |
| Built year | 1980 | 1973 | 72% |
| HOA | $1695 | $868 | 83% |
| Days on market | 48 | 149 | 6% |
Apr 19, 2026
$999,000
Initial Listing
Jul 14, 2000
$580,000
Public Record