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1075-1079 Texas Street, San Francisco, CA 94107, San Francisco, 94107 - 9 bed, 6 bath

1075-1079 Texas Street, San Francisco, CA 94107 home-pic-0
ACTIVE$2,000,000
1075-1079 Texas Street, San Francisco, CA 94107
9Beds
6Baths
4,443Sqft
2,500.34Lot
Year Built
2004
Close
-
List price
$2M
Original List price
-
Price/Sqft
$450
HOA
$0
Days on market
-
Sold On
-
MLS number
425008833
Home ConditionGood
Features
Excellent View:
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(67th), sqft - 4443(83th), beds - 9(67th), baths - 6(83th).

Check out this fantastic investment opportunity in the heart of Potrero Hill! This charming triplex boasts three 3 bed/2 bath units - unit 1079 on the second floor, unit 1077 on the third floor, and unit 1075 on the top floor. All units are tenant-occupied, providing steady rental income. Beyond its solid rental history and gorgeous bay views, the location is unbeatable. You'll be just minutes from public transit and enjoy quick access to freeway ramps on I-280 and US101, making getting around the city a breeze. Whether you're looking to expand your portfolio or find a versatile home, this property is a rare find in today's competitive market.

Price History

Date
Event
Price
06/11/24
Price Change
$2,000,000
Condition Rating
Good
Built in 2004, this property is 20 years old. The interior images showcase kitchens with modern stainless steel appliances, updated white cabinetry, and granite countertops. Bathrooms feature contemporary vanities and clean tiling. Flooring is a mix of well-maintained hardwood and modern laminate. While the kitchen floor tile is a bit dated, the overall condition suggests recent updates within the last 10-15 years, making the units move-in ready with no immediate major renovations required. This aligns with the 'Good' condition criteria.
Pros & Cons

Pros

Steady Rental Income & Investment Potential: The property is a triplex with all three 3 bed/2 bath units currently tenant-occupied, providing immediate and stable rental income, making it an attractive investment opportunity.
Prime San Francisco Location: Located in the highly desirable Potrero Hill neighborhood of San Francisco, known for its vibrant community and strong property values.
Exceptional Commuter Accessibility: Offers unbeatable access to public transit and major freeway ramps (I-280 and US101), facilitating easy commutes throughout the Bay Area.
Modern Construction: Built in 2004, the property is relatively modern for San Francisco, suggesting newer infrastructure and potentially lower immediate maintenance concerns compared to older buildings.
Scenic Bay Views: The property boasts gorgeous bay views, a premium amenity that significantly enhances its appeal and market value.

Cons

Tenant-Occupied Units: While income-generating, existing tenant occupancy may complicate immediate owner-occupancy plans, renovations, or significant rent adjustments due to San Francisco's strong tenant protection laws.
Lack of Specific Unit Condition Details: The description does not provide specific details on the interior condition or recent upgrades of the individual units, suggesting potential deferred maintenance or a need for future capital improvements.
Absence of Parking Information: There is no mention of dedicated parking for the three units, which can be a significant drawback and a highly sought-after amenity in a dense urban environment like San Francisco.

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