15 Lucerne Street B, San Francisco, CA 94103, San Francisco, 94103 - 2 bed, 3 bath
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San Francisco, CA 94103
This Sophisticated Live/Work Loft is a High-Potential Investment Opportunity, listed at $1,075,000—positioned well below the $1,250,288 Fair Market Value by 14%. This valuation gap provides $175,288 in Instant Equity. Boasting a Mint Condition Rating, the 1,875 sqft residence features smart lighting, motorized shades, and a quartz kitchen. With access to Top-Rated Schools like Lowell High (10/10) and a private deeded patio, this property balances luxury with significant financial upside. It is an ideal acquisition for Urban Professionals or Owner-Occupants seeking a turnkey asset in SOMA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15 Lucerne Street B Subject | $1,075,000* List Price | 2 | 3 | 1,875 | $661 | - |
A 229 8th Street 3 Sold | $1,100,000 | 1 | 2 | 1,585 | $694 | 0.5 mi |
B 2 Mint Plaza 502 Sold | $1,060,000 | 2 | 2 | 2,018 | $525 | 0.7 mi |
C 370 7th Street 6 Sold | $875,000 | 1 | 2 | 1,308 | $669 | 0.3 mi |
D 786 Minna Street 5 Pending | $949,000 List Price | 2 | 2 | 1,388 | $684 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1997, the property has undergone significant recent renovations. The kitchen features modern quartz countertops and stainless steel appliances, and the bathrooms have been updated with contemporary large-format tiling and glass-enclosed showers. With additional smart home upgrades like motorized shades and lighting, the unit is in mint, move-in-ready condition.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
This 1,875 sqft live/work loft features three levels of living space, double-height ceilings, and a flexible floor plan that perfectly accommodates both professional and residential needs.
The unit is equipped with high-end upgrades including smart lighting, motorized shades, and a private one-car garage with direct interior access for enhanced security and convenience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1875, other record living area = 1821.
The monthly HOA fee of $1,172 is relatively high for the area, which increases the total cost of ownership and may impact buyer affordability.
The immediate neighborhood is served by several schools with low performance ratings, which could be a significant drawback for families prioritizing public education.
Seller is open to providing a credit at closing towards closing costs & HOA dues! Spacious, light filled & competitively priced. This flexible 2 BD, 2.5 BA, 3-level live/work loft offers grand, double-height ceilings, a lower level bedroom suite with a patio and a spacious lofted bedroom suite. Owner has upgraded and installed smart lighting & motorized shades. Located on a quiet block near shopping and public transportation, Lucerne Street Loft B delivers on every loft essential, with ample natural sunlight throughout. The home includes an expansive open living/dining configuration, sitting area/office with great natural sunlight, and independent garage with direct access to the loft. Kitchen includes custom cabinetry, quartz countertops, and stainless steel appliances. The lofted primary bedroom suite includes a den, closet, and an en-suite full bathroom with a glass-enclosed shower and refreshed finishes. The lower floor guest suite has abundant closet space, en-suite full bath, a separate entrance, and access to the deeded patio. In unit Washer/Dryer. Attached, deeded 1-car garage parking enters directly into the unit for maximum privacy. Photos are of previously staged unit - currently vacant and empty.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 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 | 3.0 | 2.0 | 81% |
| Square foot | 1,875 | 1,285.5 | 81% |
| Lot Size | 12,502 | 10,943.31 | 62% |
| Price | $1.07M | $887.0K | 58% |
| Price per sq ft | $573 | $840 | 12% |
| Built year | 1997 | 2001 | 35% |
| HOA | $1172 | $783 | 69% |
| Days on market | 36 | 221 | 4% |
May 1, 2026
$1,075,000
Initial Listing
Jun 2, 2023
$1,222,000
Public Record
Oct 3, 2014
$1,270,000
Public Record
Nov 6, 1997
$388,500
Public Record