1515 15th Street 401, San Francisco, CA 94103, San Francisco, 94103 - bed, 1 bath
1515 15th Street 401
San Francisco, CA 94103
Property Price
SUMMARY
Analysis of 1515 15th Street 401, San Francisco, CA 94103 is currently available with a list price of $344,926. 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.
Built in 2014, this property is only 10 years old and presents in virtually new condition. The kitchen features modern flat-panel cabinetry, white subway tile backsplash, white countertops, and stainless steel appliances (gas range, dishwasher, refrigerator). The bathroom is equally contemporary with a modern vanity, vessel sink, and white subway tile in the shower/tub. Hardwood flooring extends throughout the living areas, and the unit includes a stacked washer/dryer. All fixtures, finishes, and systems appear to be in excellent, well-maintained condition, requiring no immediate updates or repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Below Market Rate (BMR) Opportunity
Offers a rare chance for homeownership in San Francisco at a significantly reduced price point compared to market value.
- Modern Construction
Built in 2014, the property benefits from contemporary design and infrastructure, likely requiring less immediate maintenance.
- Desirable San Francisco Location
Situated in a vibrant San Francisco neighborhood, providing excellent access to urban amenities, employment centers, and public transport.
CONSRISKS & DEFICIENCIES
- Restrictive Eligibility & Resale Controls
Subject to strict income limits, first-time homebuyer requirements, and future resale restrictions, significantly narrowing the buyer pool and limiting future appreciation.
- Compact Living Space
The studio unit measures only 383 sqft, which may be considered too small for some buyers and limits versatility.
- High Monthly Association Fees
A monthly association fee of $599 is substantial for a studio unit, adding a significant ongoing cost to homeownership.
About 1515 15th Street 401
A Studio Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person= $104,900; 2 people = $119,900; 3 = $134,850; 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. Unit will be listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org) starting on the application date, 01/21/2025 @ 8 am. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification accepted on FCFS basis. Fair Housing Opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2014
- Lot Size
- 14,126.51 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $599 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 1.0 | 10% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 383 | 963 | 10% |
| Lot Size | 14,126.51 | 11,251.55 | 59% |
| Price | $344.9K | $849.1K | 5% |
| Price per sq ft | $901 | $837 | 59% |
| Built year | 2014 | 2003 | 63% |
| HOA | $599 | $742 | 29% |
| Days on market | 107 | 218 | 10% |
Pricing History
Listed for Sale
Nov 20, 2025
$344,926
Initial Listing
Sold
May 6, 2021
$292,500
Public Record
Sold
Jan 28, 2015
$221,500
Public Record