2040 Franklin St #1004
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
34% of that payment is not the mortgage. The HOA fee alone is $91,080 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $5,997.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($44,900). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
2 recorded pointsReconstructed from 4 units of recorded sales at 2040 Franklin St — every recorded sale carries its HOA fee and date. No listing site shows this.
We have a few recorded HOA fees for this building but not yet enough to call a reliable trend, so these are the raw points — no rate implied. Its documents fill in the reserve health and assessment risk.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- On market 65 days → some leverage
- Upper floor (fl 10)
⚠️ Cons
- HOA $1518/mo
- Older building (1966)
🚩 Red flags
- HOA rising ~11%/yr in this building ($987/mo in 2022 → $1518)
- Very high HOA $1518/mo (full-service high-rise)
- Listed BELOW its 2021 sale ($950k) → value eroding
Photos
Price history (this unit)
- Sep 8, 2026 — Price Changed $898,000
- Dec 17, 2021 — Sold (MLS) $950,000
- Dec 17, 2021 — Sold (Public Records) $950,000
- Oct 12, 2021 — Listed $950,000
- Jul 31, 2015 — Sold (MLS) $960,000
- Jul 31, 2015 — Sold (Public Records) $960,000
Description
At the corner of Pacific Heights, Cow Hollow, Russian Hill, and Nob Hill sits Jackson Towers. Floor to ceiling windows bring natural light into the living room and frame sweeping bay views that open onto your private terrace. The kitchen is updated and ready to cook in. The oversized bedroom features a full wall of closets for storage. A charming, refreshed bathroom completes the interior. Building amenities include an onsite manager, secure entry with package receiving area, elevator access, and laundry on every floor. Best of all, the shared roof deck offers breathtaking panoramic views of the most iconic skyline. Includes one deeded parking space and a private storage unit.