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1043-1053 Fell St
San Francisco, CA 94117
Multifamily Property For Sale
·
9 Units
Executive Summary
Located just one block from iconic Alamo Square, 1043 Fell Street is an elegant, well-maintained 9-unit Romeo-style apartment building offering an exceptional investment opportunity in one of San Franciscos most sought-after neighborhoods. The property features a desirable mix of 4 two-bedroom flats, 1 two-bedroom unit, 1 one-bedroom unit, and 3 studios, with most units renovated and several flats easily adaptable to three-bedroom layouts for added upside. Steps from the vibrant Divisadero Street, tenants enjoy immediate access to popular restaurants, retail, and nightlife. Additional highlights include a completed soft-story retrofit, recent fire alarm upgrade, low operating expenses, on-demand water heaters, onsite laundry, dishwashers in most units, and large storage rooms.
FEATURES:
• Turnkey building 1 block off Alamo Square
• 4 two bdrm flats, 1 two bdrms unit, 1 one bdrm unit, + 3 Studios
• Most units renovated
• Elegant Romeo-style apartment building
• Well maintained & managed
• Luscious rear garden
• Flats can easily be used as three-bedroom units
• Divisadero commercial corridor one block away
• Retail restaurants & nightlife nearby
• Soft story retrofit + fire alarm upgrade completed
• Extra large lot
• On-demand water heaters in most units
• Low expenses
• Dishwashers in most units
• Large Storage Rooms
FEATURES:
• Turnkey building 1 block off Alamo Square
• 4 two bdrm flats, 1 two bdrms unit, 1 one bdrm unit, + 3 Studios
• Most units renovated
• Elegant Romeo-style apartment building
• Well maintained & managed
• Luscious rear garden
• Flats can easily be used as three-bedroom units
• Divisadero commercial corridor one block away
• Retail restaurants & nightlife nearby
• Soft story retrofit + fire alarm upgrade completed
• Extra large lot
• On-demand water heaters in most units
• Low expenses
• Dishwashers in most units
• Large Storage Rooms
Property Facts
| Price Per Unit | $438,889 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.71% | Lot Size | 0.09 AC |
| Gross Rent Multiplier | 11.9 | Building Size | 5,527 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | ||
| Zoning | RM1, San Francisco | ||
| Price Per Unit | $438,889 |
| Sale Type | Investment |
| Cap Rate | 5.71% |
| Gross Rent Multiplier | 11.9 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 5,527 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Zoning | RM1, San Francisco |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
Site Amenities
- 24 Hour Access
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 1 | - | - |
| 2+1 | 5 | - | - |
Property Taxes
| Parcel Number | 0825-024 | Improvements Assessment | $865,372 |
| Land Assessment | $2,019,210 | Total Assessment | $2,885,788 |
Property Taxes
Parcel Number
0825-024
Land Assessment
$2,019,210
Improvements Assessment
$865,372
Total Assessment
$2,885,788
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