1400 Mission Street 1203, San Francisco, CA 94103, San Francisco, 94103 - 1 bed, 1 bath
1400 Mission Street 1203
San Francisco, CA 94103
Property Price
SUMMARY
Analysis of 1400 Mission Street 1203, San Francisco, CA 94103 is currently available with a list price of $388,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property presents as a newly built or recently extensively renovated unit. The kitchen features modern dark cabinetry, light countertops, subway tile backsplash, and stainless steel appliances, all appearing new and contemporary. The bathroom is equally modern with a sleek vanity, tiled flooring, and a subway-tiled shower/tub combo with a glass door. While the living room and bedroom have carpet, it appears clean and well-maintained. The building itself is a modern high-rise with attractive common areas and amenities like a roof deck. All visible components meet current quality standards with no signs of deferred maintenance or physical depreciation, aligning perfectly with an 'Excellent' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- 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 Affordability (BMR)
This Below Market Rate (BMR) unit offers a rare opportunity for homeownership in San Francisco at a significantly reduced price ($388,000) compared to conventional market rates.
- Desirable Urban Location
Located on Mission Street in San Francisco's 94103 zip code, providing excellent access to city amenities, public transportation, and urban conveniences.
CONSRISKS & DEFICIENCIES
- Restrictive Eligibility & Resale Controls
As a BMR unit, it comes with strict income limits, first-time homebuyer requirements, and ongoing resale controls, significantly narrowing the pool of eligible buyers and limiting future investment flexibility.
- Delayed Availability
The unit will not be available until September 4, 2025, requiring a considerable waiting period for interested and eligible buyers.
- Significant Monthly Association Fee
A monthly association fee of $559 is a notable ongoing cost, which can impact the overall affordability and budget for potential buyers, especially those with income restrictions.
About 1400 Mission Street 1203
1 bedroom Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $109,100, 2 people = $124,700; 3 = $140,250; 4 = $155,850, 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. The unit will be available on a first come first served basis starting on September 4, 2025 at 8:00 AM PST. Please visit https://housing.sfgov.org/listings/a0W7y000005rYofEAE to view the listing and for application & program info. Fair Housing Opportunity. Open Houses: Sunday, September 7th 11 am -1 pm. Welcome to 1400 Mission #1203, this unit features in-unit washer/dryer, stunning views, and roof deck; leased parking is available. Property is a First come first serve listing and eligible for MOHCD temporary waivers ask listing for details; buyers are able to apply directly.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- -
- Lot Size
- 24,546.061 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $559 / Month
Neighborhood Insights
San Francisco Unified Schools
Tenderloin Community
Grades K-5 • 0.5 mi
Muir (John) Elementary School
Grades K-5 • 0.7 mi
Redding Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 655 | 963 | 29% |
| Lot Size | 24,546.061 | 11,251.55 | 69% |
| Price | $388.0K | $849.1K | 8% |
| Price per sq ft | $592 | $818 | 15% |
| Built year | - | 2002 | 2% |
| HOA | $559 | $742 | 24% |
| Days on market | 241 | 219 | 64% |
Pricing History
Listed for Sale
Jul 9, 2025
$388,000
Initial Listing
Sold
Mar 18, 2016
$268,500
Public Record