661-667 Fillmore Street, San Francisco, CA 94117, San Francisco, 94117 - 19 bed, 4 bath
ACTIVE$3,795,000$9,050/sqft
661-667 Fillmore Street, San Francisco, CA 94117
19Beds
4Baths
9,050Sqft
2,657.16Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime, Irreplaceable Location: Situated in San Francisco's highly sought-after Alamo Square District, steps from iconic landmarks like Alamo Square Park and the Fillmore Jazz District, offering unparalleled tenant appeal and long-term value.
Top Cons:
Building Age & Potential Capital Expenditures: Constructed in 1900, the property likely requires significant ongoing maintenance, system upgrades, and potential renovations to meet modern standards and tenant expectations, incurring substantial capital costs.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1900 (126 years old).
Condition: Built in 1900, this property is aged but appears well-maintained. The kitchens and bathrooms, while clean and functional, feature outdated cabinetry, countertops, and appliances (e.g., white tile, older wood cabinets, basic white appliances). The overall style suggests renovations were done 15-30 years ago, rather than recently. Hardwood floors are present in living areas and bedrooms, which is a positive, but the property would benefit from minor to moderate updates to meet current aesthetic and functional standards, aligning with the 'fair' condition criteria.
Year Built
1900
Close
-
List price
$3.79M
Original List price
-
Price/Sqft
$419
HOA
$0
Days on market
-
Sold On
-
MLS number
426095236
Home ConditionFair
Features
View-
About this home
This investment opportunity in San Francisco's historically and culturally rich Alamo Square District, is a sizable building that features an impressive density of 10 total units across approximately 9,050 square feet, comprising a strategic blend of residential flats and ground-floor retail space. This high unit count and established Mixed-Use configuration provides investors with a diversified income profile anchored in an architecturally significant building in one of San Francisco's most sought-after urban cores. The property offers tenants an unparalleled lifestyle, situated just steps from the iconic Alamo Square Park (home to the Painted Ladies) and the legendary Fillmore Jazz District. This rare offering is a secure investment with significant unit count, stabilized rents and an irreplaceable location at the heart of San Francisco.
B
Brian Leung
Listing Agent
Condition Rating
Fair
Built in 1900, this property is aged but appears well-maintained. The kitchens and bathrooms, while clean and functional, feature outdated cabinetry, countertops, and appliances (e.g., white tile, older wood cabinets, basic white appliances). The overall style suggests renovations were done 15-30 years ago, rather than recently. Hardwood floors are present in living areas and bedrooms, which is a positive, but the property would benefit from minor to moderate updates to meet current aesthetic and functional standards, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Prime, Irreplaceable Location: Situated in San Francisco's highly sought-after Alamo Square District, steps from iconic landmarks like Alamo Square Park and the Fillmore Jazz District, offering unparalleled tenant appeal and long-term value.
High Unit Density & Diversified Income: Features an impressive 10 total units (residential flats and ground-floor retail) across approximately 9,050 sqft, providing a robust and diversified income stream and mitigating risk.
Mixed-Use Configuration: The strategic blend of residential and retail spaces caters to a broader market, enhancing occupancy stability and income potential.
Architectural Significance: An architecturally significant building in a historically rich district, contributing to its unique appeal and potential for appreciation.
Stabilized Income Profile: Described as a 'secure investment with significant unit count, stabilized rents,' indicating a reliable and predictable cash flow.
Cons
Building Age & Potential Capital Expenditures: Constructed in 1900, the property likely requires significant ongoing maintenance, system upgrades, and potential renovations to meet modern standards and tenant expectations, incurring substantial capital costs.
Rent Control Implications: While rents are stabilized, in a market like San Francisco, this often implies units may be under rent control, potentially limiting immediate rent growth and upside potential without significant tenant turnover or capital improvements.
Lack of Detailed Condition Assessment: The description lacks specific details regarding the current physical condition of the 10 units, retail spaces, or building systems, suggesting potential for unforeseen repair or renovation expenses.