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1201 Sutter Street 211, San Francisco, CA 94109, San Francisco, 94109 - 1 bed, 1 bath

1201 Sutter Street 211, San Francisco, CA 94109 home-pic-0
ACTIVE$350,019
1201 Sutter Street 211, San Francisco, CA 94109
1Bed
1Bath
Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Affordability (BMR): Priced significantly below market value for a 1-bedroom unit in San Francisco ($350,019), making homeownership accessible through the Below Market Rate program.
Top Cons:
Highly Restrictive Eligibility: Limited to first-time homebuyers meeting strict income requirements (100% AMI) and subject to SF MOHCD monitoring and restrictions, severely narrowing the potential buyer pool.

Compared to the nearby listings

Price:$350.0K vs avg $1.01M ($-657,481)11%
Size: sqft vs avg 1,082 sqft7%
Price/sqft:$0 vs avg $89013%

More Insights

Condition: Although the listing states 'Photos of similar unit - finishes and layout may vary,' the images provided depict a property in excellent, virtually new condition. The bathroom features modern fixtures, contemporary tiling, and a clean, updated aesthetic. The living area also shows a modern design with large windows and clean finishes. The overall building exterior is contemporary, suggesting recent construction or a very recent, extensive renovation. All visible components appear new, meeting current quality standards with no signs of wear or deferred maintenance, aligning perfectly with the 'excellent' criteria.
Year Built
Close
-
List price
$350K
Original List price
-
Price/Sqft
$0
HOA
$312
Days on market
-
Sold On
-
MLS number
425053324
Home ConditionExcellent
Features
View-

About this home

LAST BMR UNIT! $10,000 price reduction for all applications received by 9/1/2025. This one bedroom unit is priced as a studio by MOH at $360,019 but can be yours for $350,019 for a limited time. No parking is available for purchase at this property. Applicants must be first-time homebuyers and cannot exceed the following income levels: 100% of Area Median Income 2025: One person - $100,850; 2 persons - $115,300; 3 persons - $129,700. Applications accepted as first come, first served until no longer available. Apply online through DAHLIA, the SF Housing Portal at https://housing.sfgov.org. Applicants will apply online as we are not accepting paper applications. Applicants must complete first-time homebuyer education and obtain a loan pre-approval from an approved participating lender. Units available through the San Francisco Mayor's Office of Housing and Community Development and are subject to monitoring and other restrictions. Visit https://www.sf.gov/step-by-step/oran-1201-sutter for program information. Photos of similar unit - finishes and layout may vary. Fair Housing Opportunity.

Condition Rating
Excellent
Although the listing states 'Photos of similar unit - finishes and layout may vary,' the images provided depict a property in excellent, virtually new condition. The bathroom features modern fixtures, contemporary tiling, and a clean, updated aesthetic. The living area also shows a modern design with large windows and clean finishes. The overall building exterior is contemporary, suggesting recent construction or a very recent, extensive renovation. All visible components appear new, meeting current quality standards with no signs of wear or deferred maintenance, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

Exceptional Affordability (BMR): Priced significantly below market value for a 1-bedroom unit in San Francisco ($350,019), making homeownership accessible through the Below Market Rate program.
Immediate Price Reduction: An additional $10,000 price reduction is offered for applications received by 9/1/2025, providing further savings for timely buyers.
Prime San Francisco Location: Situated in a desirable San Francisco neighborhood (94109), offering urban convenience, amenities, and strong demand.
Dedicated Bedroom: Despite being priced as a studio by MOH, it is a 1-bedroom unit, providing more functional living space and privacy than a typical studio.
Condominium Benefits: As a condominium, it typically offers lower exterior maintenance and potentially shared building amenities, with a reasonable association fee of $312.

Cons

Highly Restrictive Eligibility: Limited to first-time homebuyers meeting strict income requirements (100% AMI) and subject to SF MOHCD monitoring and restrictions, severely narrowing the potential buyer pool.
No Parking Availability: The property explicitly states no parking is available for purchase, which is a significant inconvenience and potential drawback for many San Francisco residents.
Uncertainty of Unit Finishes: Photos are of a 'similar unit,' indicating that actual finishes and layout may vary, which can lead to buyer expectations not being fully met upon viewing the specific unit.

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