San Francisco County  »  94102  »  Market St  »  1240 Market St

1240 Market Street, San Francisco, CA 94102 - Property report

Also known as: 1240 Market St

Property image for 1240 Market Street, San Francisco, CA 94102
static Mapbox map

Property type

Office (O)

Year built

1908

Lot sq. ft.

2,483

Sale price

$1,800,000

General Information

Address
Primary address
1240 Market St
San Francisco, CA 94102
Alternate address(es)
1242 Market St
Zip code
94102
Neighborhood
Van Ness - Civic Center
County
San Francisco
Municipality
City of San Francisco
Parcel ID
0355-006

Owner

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Sales
Sale date
12/10/2024
Sale price
$1,800,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$28,869
Building
Property type
Office
Building sq. ft.
10,780
Stories
5
Year built
1908
Building material
C
Rooms
40
Lot
Acreage
0.057
Lot sq. ft.
2,483
Zoning & use
Zoning
Qualified opportunity zone
Units
3

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
98 /100.  Biker's Paradise
School district
San Francisco Unified School District

Ownership information for 1240 Market Street, San Francisco, CA

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1240 Market Street, San Francisco, CA 94102

Sale date Sale price Buyer name Seller name
12/10/2024 $1,800,000 XXX XXXX XXXXXX XXX XXXX XXXXXX XXXXXX XXX

*Most recent sale on record for this property.

More about San Francisco County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
04/02/2025 Revoc Order Abatement XXX XXXXXXXXX XXXXXXXXXX XX XXXXXXXX XXXXXXXXXX XXX XXX XXXX XXXXXX XXX
01/13/2025 Reconveyance XXXX XXXXXX XXXXXX XXX XXXX XXXXXX XXXXXX XXX
01/13/2025 Substitution Trustee XXXX XXXXXX XXXXXX XXX XXXX XXXXXX XXXXXX XXX
12/30/2024 Reconveyance XXXX XXXXXX XXXXXX XXX XXXX XXXXXX XXXXXX XXX
12/30/2024 Substitution Trustee XXXX XXXXXX XXXXXX XXX XXXX XXXXXX XXXXXX XXX
12/19/2024 Release Assign Rents XXXXXXXX XXXXX XXXX XX XXXX XXXXXX XXXXXX XXX
12/10/2024 Grant Deed XXXX XXXXXX XXXXXX XXX XXX XXXX XXXXXX XXX
10/17/2024 Ucc - 3 Termination XXXXX XXXXXXXX XXXX XXXX XXXXXX XXXXXX XXX
04/04/2024 Asgn Asgn Rents/Leases XXXX XXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX XX
04/04/2024 Assgn Deed of Trust XXXX XXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1240 Market Street, San Francisco, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$28,869
Recent tax assessments
Market value
$2,440,906
Land value
$660,405
Building value
$1,780,501

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $2,440,906 1.1827 $28,869 -0.57%
2024-2025 $2,478,525 1.1714 $29,033 +1.22%
2023-2024 $2,435,614 1.1777 $28,684 +2.82%
2022-2023 $2,364,878 1.1797 $27,898 +1.47%
2021-2022 $2,324,999 1.18248 $27,493 -9.77%
2020-2021 $2,542,563 1.1984 $30,470 +2.82%
2019-2020 $2,511,058 1.1801 $29,633 +4.78%
2018-2019 $2,431,651 1.163 $28,280 -1.86%
2017-2018 $2,458,170 1.1723 $28,817 +18.18%
2016-2017 $2,061,935 1.1826 $24,384 +1.52%

Permit information for 1240 Market Street, San Francisco, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
07/29/2025
11/27/2019
11/27/2019
09/19/1997
12/21/1989

*Most recent permits on record for this property.

San Francisco residential market stats

Access a detailed real estate market overview of San Francisco so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in San Francisco and compare it to other neighborhoods in San Francisco.

Median sale price

$1,500,000

15.4% Y-o-Y

Median price/sq. ft.

$1,155

11.2% Y-o-Y

San Francisco county median sale price

$1,500,000

15.4% Y-o-Y

Check out recently sold homes in San Francisco and see how their prices compare.

Demographics by ZIP code

Total population
35,976
Median age
42.2
Average household income
$110,418
Family households
24.4%
People per household (average)
1.64
Occupied housing units
19,935
Owner-occupied units
8.0%
Median year structure built
1945
Median value mortgaged units
$914,500
Median value unmortgaged units
$996,000

Risk

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FEMA flood zones

FEMA flood zones
X
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for 1240 Market Street, San Francisco, CA 94102 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 1240 Market Street, San Francisco, CA 94102?

The development at 1240 Market Street, San Francisco, CA 94102 was built in 1908.

What is the market value of 1240 Market Street, San Francisco, CA 94102?

The current market value of 1240 Market Street, San Francisco, CA 94102 is $2,440,906.

What is the total square footage of 1240 Market Street, San Francisco, CA 94102?

1240 Market Street, San Francisco, CA 94102 has a total of 10,780 square feet.

What is the price per square foot for this property?

$166 per square foot is the price for 1240 Market Street, San Francisco, CA 94102.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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