845 Fulton Street, San Francisco, CA 94117, San Francisco, 94117 - 2 bed, 0 bath
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San Francisco, CA 94117
This Historic Craftsman Triplex represents a significant Value-Add Opportunity in San Francisco’s iconic Alamo Square neighborhood. Listed at $2,500,000, the property is priced to reflect its rare 1887 architectural integrity and prime location, compared to its $2,334,884 Fair Market Value. Currently maintaining a Condition Rating of 4, the asset features an original kitchen and vintage finishes that require modernization to unlock maximum rental yield. Situated near Top-Rated Schools like the Chinese Immersion School at Deavila (9/10), this is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-upside restoration project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 845 Fulton Street Subject | $2,500,000* List Price | 2 | 0 | 3,480 | $671 | - |
A 1215 Oak Street Sold | $2,060,000 | 4 | 4 | 3,930 | $524 | 0.6 mi |
B 221-223 Scott Street Sold | $2,000,000 | 3 | 0 | 2,500 | $800 | 0.5 mi |
C 1012 Page St Active | $2,199,000 List Price | 0 | 0 | 3,780 | $582 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property retains exceptional historic architectural details such as Craftsman molding and pocket doors, but it is significantly outdated. The kitchen features original cabinetry and vintage appliances, and interior finishes like the worn red carpeting and older flooring show clear signs of age and need for modernization.
Built in 1887, this property preserves its exquisite Craftsman heritage with original features such as custom glasswork, sliding pocket doors, multiple fireplaces, and elegant crown molding.
Situated in a highly desirable area near Alamo Square and the Painted Ladies, the property offers exceptional walkability to Japantown, local hospitals, colleges, and premier dining.
As a triplex featuring a large owner's unit plus two lower-level units, the property provides a flexible opportunity for rental income, multi-generational living, or a high-end investment portfolio.
The presence of an 'original kitchen' and the property's 19th-century construction suggest that significant capital investment may be needed to update utilities and finishes to modern standards.
With over 210 days on the market, the property may face buyer hesitation or perceived pricing misalignment, potentially requiring a more aggressive strategy to close.
Exceptional investment opportunity! This well-maintained triplex offers strong income potential with three separate units, each featuring comfortable layouts and desirable amenities. Ideal for both seasoned investors and owner-occupants, the property provides the flexibility to live in one unit while generating rental income from the others. Located in the heart of San Francisco. This property features a total of six bedrooms and three and a half bathrooms. The owner's unit retains its historic Craftsman charm and boasts exquisite features, including custom glasswork, sliding pocket doors, multiple fireplaces, and elegant crown molding. This unit includes three bedrooms and one and a half baths. A dramatic staircase leads to the living area, which consists of a large parlor, living room, and formal dining room. The original kitchen features a cozy breakfast nook. The two lower-level units each offer one bedroom, one bathroom, a living room, and a kitchenette. The backyard is an ideal space for gardening and entertaining. Situated in a convenient location near shopping, dining, and major commuter routes. Don't miss this chance to own a versatile multi-family property with immediate cash flow and long-term upside.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 5.0 | 7% |
| Baths | 0.0 | 3.0 | 40% |
| Square foot | 3,480 | 3,208 | 60% |
| Lot Size | 3,781 | 2,996.93 | 93% |
| Price | $2.50M | $2.00M | 67% |
| Price per sq ft | $718 | $600 | 53% |
| Built year | 1887 | 1904 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 217 | 199 | 73% |
Sep 17, 2025
$2,500,000
Initial Listing