2040 Franklin Street 605, San Francisco, CA 94109, San Francisco, 94109 - 2 bed, 2 bath
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San Francisco, CA 94109
This Spacious Pacific Heights Condominium is a premier residential offering listed at $1,050,000, reflecting the prestige of its location relative to the $955,248 Fair Market Value. Boasting a Condition Rating of 4, the home is move-in ready while offering "potential for updating" to increase future value. Standout features include 2+ car parking—a rare neighborhood asset—and a private enclosed patio for seamless indoor-outdoor living. Located in a full-service building with a panoramic view roof deck featuring Alcatraz and Bay views, this residence is ideal for Owner-Occupants or lifestyle-oriented buyers seeking a sophisticated San Francisco retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2040 Franklin Street 605 Subject | $1,050,000* List Price | 2 | 2 | 1,180 | $810 | - |
A 1483 Sutter Street 1204 Sold | $1,030,000 | 2 | 2 | 1,316 | $783 | 0.5 mi |
B 1483 Sutter Street 405 Sold | $925,000 | 2 | 2 | 1,316 | $703 | 0.5 mi |
C 1700 Gough Street 404 Sold | $950,000 | 2 | 2 | 980 | $969 | 0.3 mi |
D 1200 Gough Street 10A Sold | $980,000 | 2 | 2 | 1,500 | $653 | 0.6 mi |
E 1388 Gough Street 908 Sold | $1,150,000 | 2 | 2 | 1,280 | $898 | 0.5 mi |
F 1601 Pacific Avenue 207 Sold | $1,048,000 | 2 | 3 | 1,274 | $823 | 0.2 mi |
G 1998 Pacific Ave 202 Active | $1,188,000 List Price | 2 | 2 | 1,275 | $932 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, the property is well-maintained but dated. The kitchen features older tile counters and the bathrooms show renovations likely exceeding 20 years in age. The listing explicitly mentions the kitchen's 'potential for updating,' which aligns with the Fair criteria for needing modern updates despite being move-in ready.
The inclusion of 2+ car parking is a rare and highly valuable asset in the Pacific Heights neighborhood, offering significant convenience and added market value.
The expansive enclosed patio with terracotta tile and dual-wing access from both bedrooms creates a unique private retreat and enhances the home's functional square footage.
Located in prime Pacific Heights, the building provides luxury amenities including a night doorman and a spectacular roof deck with panoramic views of the Golden Gate Bridge and Bay.
The monthly HOA fee of $1,629 is substantial, which may be a deterrent for some buyers and significantly increases the total monthly carrying cost.
The kitchen features older tile countertops and a layout that suggests a need for modernization to align with the luxury expectations of the Pacific Heights market.
Residence 605 at 2040 Franklin offers a rare opportunity to own a spacious 2BD/2BA home with private patio, and 2+ car parking, in a full-service Pacific Heights building with its own panoramic view roof deck. The unit features an ideal floor plan with bedrooms on either wing of the living/dining room each with its own access to an expansive enclosed patio, creating seamless indoor-outdoor living. The patio features terracotta tile, water, and electrical, perfect for entertaining or a private retreat. Living/dining areas showcase white wood floors and a bright, open feel. The white kitchen with tile counters and stone flooring offers a functional layout with potential for updating. Both baths feature marble vanities and flooring. The primary suite includes an en-suite bath, walk-in closet, additional closet, and separate vanity. The second bedroom offers flexibility for guests or office use. Abundant storage throughout. 2+ car parking, an exceptional amenity. Building features two elevators, a night doorman, full-time on-site manager, and a spectacular roof deck with panoramic San Francisco views, including the Golden Gate Bridge, Bay, and skyline. Ideally located near Lafayette Park and the shops and dining of Polk, Union, and Fillmore Streets.
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 | 2.0 | 50% |
| Square foot | 1,180 | 922 | 64% |
| Lot Size | 14,332 | 11,915 | 57% |
| Price | $1.05M | $1.03M | 54% |
| Price per sq ft | $890 | $975 | 38% |
| Built year | 1966 | 1980 | 44% |
| HOA | $1629 | $901 | 84% |
| Days on market | 73 | 194 | 2% |
Apr 1, 2026
$1,050,000
Initial Listing
May 26, 1995
$580,000
Public Record