
San Francisco, CA 94103
This Below Market Rate (BMR) Condominium represents a High-Potential Investment Opportunity, listed at $399,000—positioned well below the $459,345 Fair Market Value by 13%. This valuation gap offers $60,345 in Instant Equity for eligible buyers. Featuring a Mint Condition Rating and modern 2015 construction, the unit provides a turnkey urban lifestyle near top-rated schools like Claire Lilienthal Elementary. This is an ideal acquisition for income-eligible buyers or first-time buyers seeking a secure, modern home in a central San Francisco location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1400 Mission Street 907 Subject | $399,000* List Price | 1 | 1 | 643 | $714 | - |
A 1075 Market Street 408 Sold | $440,000 | 1 | 1 | 564 | $780 | 0.5 mi |
B 1075 Market Street 612 Sold | $510,000 | 1 | 1 | 662 | $770 | 0.5 mi |
C 1075 Market Street 501 Sold | $375,000 | 0 | 1 | 500 | $750 | 0.5 mi |
D 241 14th Street Sold | $500,000 | 2 | 1 | 710 | $704 | 0.5 mi |
E 1400 Mission Street 709 Active | $388,000 List Price | 1 | 1 | 655 | $592 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2015, this property is less than 10 years old. The unit features modern finishes, contemporary bathroom fixtures, and updated appliances including an in-unit washer/dryer, appearing in mint condition with no maintenance required.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Priced at $399,000, this unit offers a rare opportunity to own a modern 1-bedroom home in San Francisco at a significant discount compared to market-rate properties.
Built in 2015, the building features contemporary architecture and newer infrastructure, ensuring a move-in-ready experience with modern building standards.
As a Below Market Rate (BMR) unit, buyers must meet strict income limits and first-time homebuyer criteria, significantly narrowing the pool of eligible applicants.
The property is subject to MOHCD resale controls and monitoring, which caps the future sale price and limits the owner's ability to build traditional home equity.
1 bedroom in great central location. Close to public transportation, shopping, and leased parking may be available. Temporary waivers apply to this unit such as 20% higher than posted AMI limit, may put down more than 50%, Etc. 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 date, 8-7-2026. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 8-28-2026 at 5:00 PM. Fair Housing Opportunity.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 643 | 1,093.715 |
| Lot Size | 24,546 | 10,543.457 |
| Price | $399.0K | $1.21M |
| Price per sq ft | $621 | $1.1K |
| Built year | 2015 | 1989 |
| HOA | $599 | $832 |
| Days on market | 70 | 69 |
Jul 1, 2026
$399,000
Initial Listing
Feb 26, 2016
$268,500
Public Record