
San Francisco, CA 94103
This Below Market Rate (BMR) Condominium represents a Strong Value Opportunity, listed at a List Price of $309,000—positioned well below the $309,000 Fair Market Value. While the unit maintains a Fair Condition Rating with original 2002 finishes, it offers a prime location near Hayes Valley and top-rated schools like Chinese Immersion School At Deavila. Subject to MOHCD resale controls, this property provides a stable, accessible entry point for first-time buyers and income-eligible residents seeking a modern, amenity-rich urban lifestyle in San Francisco.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 South Van Ness Avenue 437 Subject | $309,000* List Price | 0 | 1 | 575 | $537 | - |
A 140 South Van Ness Avenue 341 Active | $386,204 List Price | 0 | 1 | 630 | $613 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 24 years old and appears to have original kitchen cabinetry and finishes. While well-maintained and move-in ready, it fits the 'Fair' criteria due to being over 20 years old with dated aesthetics that may require minor updates.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Ideally situated near Hayes Valley and the Mission District, the property offers excellent walkability to premier shopping, dining, and convenient access to public transportation and freeways.
Residents enjoy high-end building features including a 24/7 fitness center, a landscaped courtyard with BBQ area, a conference room, and a secure package room, enhancing the urban living experience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43147, other record lot size in square feet = 58153.
The property is subject to strict MOHCD resale controls, income eligibility requirements, and first-time homebuyer restrictions, which limit the pool of potential buyers and future appreciation potential.
The monthly association fee of $668 is relatively high for a 575-square-foot studio, which may impact the overall monthly affordability for income-restricted households.
Spacious studio with separate sleeping alcove in prime central location close to Hayes Valley, Mission District, shopping, restaurants, public transportation and freeway. Enjoy all the amenities this modern building offers 24/7 gym, courtyard with BBQ area, conference room, secure package area. TEMPORARY WAIVERS apply to this unit: must not exceed 120% of the area median income, can have asset test excluded, can complete the Homebuyer education after applying, can make a down payment more than 50% of the sales price. Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $113,450; 2 = $129,700; 3 = $145,900; 4= $162,100; 5= $175,050, etc. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit will be listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org) starting on the application 9-2-2026. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 9-23-2026 at 5:00 PM. Fair Housing Opportunity.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 575 | 1,093.715 |
| Lot Size | 43,147 | 10,543.457 |
| Price | $309.0K | $1.21M |
| Price per sq ft | $537 | $1.1K |
| Built year | 2002 | 1989 |
| HOA | $668 | $832 |
| Days on market | 148 | 69 |
Apr 14, 2026
$309,000
Initial Listing
May 22, 2013
$301,000
Public Record
Aug 7, 2009
$269,000
Public Record