1231 Francisco is a treasure nestled in the Francisco Palms, located in a non-liquefaction zone of the Marina. This top/second floor residence is positioned in the southeast rear corner of the Palms. The beautifully manicured and welcoming courtyard, flanked by palm trees, plays host to a unique 17-unit TIC property. Both convenient and calming, this neighborhood oasis boasts a Walkscore of 94.
Built in 1923, the residence has been lovingly maintained and intelligently renovated, keeping the classic details while adding modern fixtures and appliances. Hardwood floors and significant moldings are found throughout. The warm, sunny kitchen features white wood cabinetry, honed black granite countertops, stainless steel with gas cooking, slate floors, a discreetly housed washer/dryer and plenty of room to dine and entertain comfortably.
There are three spacious bedrooms, two of which boast custom closets, and all feature large windows. The renovated full bath is classically appointed with white-tiled shower over tub, vintage-style floor tiles and linen closet with ample storage. Additionally, a powder room for guests is located just off the kitchen. Hall closets add to already abundant storage. Please see floor plan included with this statement.
An exclusive-use garage houses two generous side-by-side spaces and ample storage. The courtyard, enjoyed by all residents, includes an entertainment area and shared BBQ.
Completion of a comprehensive seismic upgrade to the ground level garages and storage was completed in December 2015 and fully meets the City’s requirements.
NEIGHBORHOOD
The vibrant Marina District enjoys access to both nature’s beauty and the thriving neighborhood street of Chestnut, which along with nearby Fillmore, Union and Polk Streets offers some of the City’s most wonderful shopping and restaurants.
The Francisco Palms offers easy access to Fort Mason and its Great Meadow with cliff-side path offering spectacular views of the Bay and Golden Gate Bridge while leading to Aquatic Park. Fort Mason’s Sunday Farmer’s Market, plus its art galleries and special events venues, are major plusses for the neighborhood. Moscone Park Playground and Recreation Center, recently renovated, provides a host of outdoor sports courts and fun for everyone. Other Marina attractions include the Palace of Fine Arts, Marina Greens, St. Francis Yacht Club and Crissy Field with promenade leading to the base of the Golden Gate Bridge. The Presidio National Recreation Area, with its sport facilities and trails, is enjoyed by many Marina residents.
Additional Remarks
- Square footage of 1,405 per TIC Unit Diagrams. Neither Seller nor Broker warrant square footage; Buyers are advised to investigate.
- Pet policy allows for two domestic cats or dogs (maximum individual dog weight of 60 lbs., however dogs exceeding 60 lbs. will be considered by the Board).
- HOA dues of $919.94 per month include water, steam heat & hot water, refuse collection, building insurance, common area PG&E, general maintenance & gardening, and a contribution to reserves. Property taxes are also collected monthly by the HOA and are based on purchase price and square footage.
- Additional features: Each room is wired for high-speed internet and/or cable, all windows have protective 3M film to resist the fading of furnishings, and front door has 3M security film on glass. The property has a hard-wired alarm system.
- Individual, fractional loans are available for Buyers from a variety of strong lenders.
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