1111 Bay Street, San Francisco, CA 94123, San Francisco, 94123 - 2 bed, 2 bath
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San Francisco, CA 94123
This Renovated Marina Corner Residence is a Strong Value Opportunity, listed at $1,198,000—positioned well below the $1,312,881 Fair Market Value by 8%. This valuation gap offers $114,881 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the home features a gourmet quartz kitchen, central HVAC, and iconic Bay and Alcatraz views. Proximity to Top-Rated Schools like Lilienthal Elementary and Lowell High ensures long-term desirability and lifestyle luxury. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors targeting a high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 Bay Street Subject | $1,198,000* List Price | 2 | 2 | 1,196 | $1,098 | - |
A 1755 Filbert Street 1K Sold | $1,260,000 | 2 | 1 | 1,259 | $1,001 | 0.4 mi |
B 2341 Franklin Street 4 Sold | $1,250,000 | 2 | 1 | 1,306 | $957 | 0.5 mi |
C 1568 Union Street 301 Sold | $1,490,000 | 2 | 2 | 1,205 | $1,237 | 0.4 mi |
D 1734 Bay Street 106 Sold | $1,075,000 | 2 | 1 | 832 | $1,292 | 0.6 mi |
E 3044 Franklin Street 102 Sold | $950,000 | 1 | 1 | 926 | $1,026 | 0.1 mi |
F 1468 Francisco Street 4 Pending | $1,150,000 List Price | 1 | 1 | 984 | $1,169 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1986, the interior has been extensively renovated within the last 5 years to meet modern luxury standards. The residence features a gourmet kitchen with sleek quartz countertops and stainless steel appliances, spa-inspired bathrooms with glass-enclosed showers, and updated flooring including laminate and newer carpets. The addition of central heating and cooling—a premium feature for this building age—and the overall move-in-ready condition with high-end finishes justify an excellent rating.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in the heart of the Marina, this corner residence offers iconic views of Alcatraz, the Bay, and Fort Mason, providing a quintessential San Francisco living experience near top-tier dining and recreation.
The unit features a contemporary open floor plan with a gourmet quartz kitchen, spa-inspired bathrooms, and the rare San Francisco luxury of central heating and cooling.
The monthly HOA fee of $1,556 is substantial and may be a deterrent for budget-conscious buyers or those sensitive to high carrying costs.
Built in 1986, the building is approaching a 40-year lifecycle, which may necessitate future capital improvements or increased maintenance compared to newer developments.
Welcome to this stunning 2-bedroom, 2-bath corner residence in a boutique elevator building in the heart of the Marina, a building with stunning Bay, Alcatraz, and Fort Mason views. This unit is filled with natural light, and an open floor plan ideal for modern living and entertaining. The gourmet kitchen offers sleek quartz countertops, stainless steel appliances, and ample storage, flowing seamlessly into the living and dining areas with a cozy fireplace. The spacious primary suite includes custom closets and a spa-inspired en-suite bath, while the second bedroom is generously sized and adjacent to a stylish second bathroom with a glass-enclosed shower. Additional highlights include laminate flooring, newer carpet in bedrooms, in-unit washer and dryer, central heating & cooling, secure 1 car parking, private storage, and a rooftop with stunning views. Prime Marina location close to Fort Mason, Marina Green, and top dining.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,196 | 1,230 | 44% |
| Lot Size | - | 3,036.13 | 16% |
| Price | $1.20M | $1.60M | 33% |
| Price per sq ft | $1.0K | $1.3K | 20% |
| Built year | 1986 | 1927 | 80% |
| HOA | $1556 | $600 | 95% |
| Days on market | 70 | 162 | 8% |
Feb 11, 2026
$1,198,000
Initial Listing
Dec 22, 2021
$1,500,000
Public Record
Jul 31, 2020
$4,600
Public Record
Jul 26, 1996
$240,000
Public Record
Jul 14, 1995
$146,120
Public Record