1075 Market Street 502, San Francisco, CA 94103, San Francisco, 94103 - 1 bed, 1 bath

1075 Market Street 502, San Francisco, CA 94103 home-pic-0
ACTIVE UNDER CONTRACT$578,000
1075 Market Street 502, San Francisco, CA 94103
1Bed
1Bath
648Sqft
12,286Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Top Cons:
Significant Price Depreciation: The current list price of $578,000 is substantially lower than its 2018 sale price of $873,000, indicating a considerable loss in value over a relatively short period, which may raise concerns for potential buyers regarding investment stability.

Compared to the nearby listings

Price:$578.0K vs avg $757.5K ($-179,500)26%
Size:648 sqft vs avg 984 sqft21%
Price/sqft:$892 vs avg $80560%

More Insights

Built in 2018 (7 years old).
Condition: This condominium was built in 2018, making it a very recent construction (6 years old). The listing description highlights a 'sleek, modern kitchen outfitted with quartz countertops and a suite of European appliances,' which is confirmed by the images showing contemporary flat-panel cabinetry, stainless steel appliances, and a stylish backsplash. The bathroom also features modern dark tiling and fixtures, appearing new and well-maintained. Throughout the unit, there are hardwood floors, recessed lighting, and clean, modern finishes, indicating minimal physical depreciation and no deferred maintenance. The overall aesthetic and condition align perfectly with a newly built property meeting current quality standards.
Year Built
2018
Close
-
List price
$578K
Original List price
-
Price/Sqft
$892
HOA
$949
Days on market
-
Sold On
-
MLS number
425070409
Home ConditionExcellent
Features
Excellent View:
Deck
View-

About this home

Unit 502 at Stage 1075 is a sleek and sophisticated 1-bed, 1-bath condominium complete with in-unit washer/dryer and 1-deeded parking space. Inside, floor-to-ceiling windows bathe the space in natural light and frame postcard views of Market Street and the Proper Hotel - a 1904 flatiron architectural gem. The open-concept layout is elevated by a sleek, modern kitchen outfitted with quartz countertops and a suite of European appliances. Built in 2018, Stage 1075 is more than a residence - it's a love letter to SF's vibrant past and bold future. Residents enjoy the services of a welcoming lobby host, virtual doorman and Luxer One Package Lockers, ensuring security and convenience. The allure of this building extends beyond its walls, with a rooftop deck boasting panoramic city skyline views. This outdoor oasis features BBQ facilities, lounge seat, fire pits & a dedicated dog run for our furry friends. Mid-Market is truly the heart of the city with its vibrant & limitless offerings. EZ access to FWYs, BART & MUNI. Centrally located by Trader Joe's, Heart of the City Farmers' Market, Union Square, SFMOMA, multiple theatre, concert halls & much more. This unit isn't just a place to live - it's a front-row seat to the energy, elegance, and electric pulse of San Francisco.

Nearby schools

3/10
Tenderloin Community
Public,K-50.5mi
7/10
Redding Elementary School
Public,K-50.8mi
/10
Chinese Education Center
Public,K-51.1mi
7/10
Muir (John) Elementary School
Public,K-51.1mi
6/10
San Francisco Public Montessori School
Public,K-51.5mi
2/10
Sanchez Elementary School
Public,K-51.6mi
5/10
Daniel Webster Elementary School
Public,K-51.6mi
5/10
Moscone (George R.) Elementary School
Public,K-51.7mi
9/10
Chinese Immersion School At Deavila
Public,K-51.9mi
1/10
Mission Education Center
Public,K-52.9mi
2/10
Fairmount Elementary School
Public,K-52.9mi
3/10
Carmichael (Bessie)/Fec
Public,K-80.4mi
4/10
Everett Middle School
Public,6-81.5mi
6/10
Francisco Middle School
Public,6-81.7mi
4/10
Buena Vista/ Horace Mann K-8
Public,K-81.9mi
6/10
Marina Middle School
Public,6-82.0mi
9/10
Lilienthal (Claire) Elementary School
Public,K-82.3mi
3/10
Lick (James) Middle School
Public,6-82.4mi
6/10
Rooftop Elementary School
Public,K-82.5mi
2/10
Revere (Paul) Elementary School
Public,K-83.0mi
8/10
Yu (Alice Fong) Elementary School
Public,K-83.5mi
3/10
San Francisco Community Alternative School
Public,K-84.0mi
7/10
Hoover (Herbert) Middle School
Public,6-84.0mi
9/10
Lawton Alternative Elementary School
Public,K-84.5mi
2/10
Wells (Ida B.) High School
Public,9-121.3mi
1/10
Downtown High School
Public,9-121.4mi
3/10
O'connell (John) High School
Public,9-121.5mi
3/10
Mission High School
Public,9-121.6mi
8/10
Galileo High School
Public,9-121.7mi
2/10
S.F. International High School
Public,9-121.8mi
7/10
Wallenberg (Raoul) Traditional High School
Public,9-121.9mi
2/10
Marshall (Thurgood) High School
Public,9-123.1mi
6/10
Academy Of Arts And Sciences
Public,9-123.2mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,9-123.2mi
5/10
Burton (Phillip And Sala) Academic High School
Public,9-124.2mi
2/10
Jordan (June) School For Equity
Public,9-124.3mi
7/10
Balboa High School
Public,9-124.3mi
7/10
Washington (George) High School
Public,9-124.4mi
7/10
Lincoln (Abraham) High School
Public,9-124.5mi
10/10
Lowell High School
Public,9-125.2mi

Price History

Date
Event
Price
02/28/18
Sold
$873,000
Condition Rating
Excellent

This condominium was built in 2018, making it a very recent construction (6 years old). The listing description highlights a 'sleek, modern kitchen outfitted with quartz countertops and a suite of European appliances,' which is confirmed by the images showing contemporary flat-panel cabinetry, stainless steel appliances, and a stylish backsplash. The bathroom also features modern dark tiling and fixtures, appearing new and well-maintained. Throughout the unit, there are hardwood floors, recessed lighting, and clean, modern finishes, indicating minimal physical depreciation and no deferred maintenance. The overall aesthetic and condition align perfectly with a newly built property meeting current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Exceptional Urban Location: The property boasts an unbeatable Mid-Market location, offering immediate access to public transit (BART, MUNI, FWYs), cultural institutions (SFMOMA, theaters), dining, and daily necessities like Trader Joe's and the Heart of the City Farmers' Market.
Modern Construction & Design: Built in 2018, the condominium features sleek, sophisticated finishes, an open-concept layout, floor-to-ceiling windows for natural light, and a modern kitchen equipped with quartz countertops and European appliances.
Premium Building Amenities: Residents benefit from comprehensive services including a welcoming lobby host, virtual doorman, Luxer One Package Lockers, and a luxurious rooftop deck with panoramic city views, BBQ facilities, lounge seating, fire pits, and a dedicated dog run.
Included Deeded Parking: The unit comes with one deeded parking space, a highly valuable and sought-after amenity in San Francisco that significantly enhances convenience and property appeal.
Abundant Natural Light & Views: Floor-to-ceiling windows ensure the space is bathed in natural light and provide picturesque 'postcard views' of Market Street and the historic Proper Hotel.

Cons

Significant Price Depreciation: The current list price of $578,000 is substantially lower than its 2018 sale price of $873,000, indicating a considerable loss in value over a relatively short period, which may raise concerns for potential buyers regarding investment stability.
High Monthly Association Fees: The monthly association fee of $949 is quite high for a 1-bedroom unit, adding a significant recurring cost to ownership that could impact affordability and long-term budgeting.
Compact Living Space: At 648 square feet, the unit offers a relatively compact living area, which might be a limiting factor for buyers seeking more spacious accommodations or flexibility in their living arrangements.

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