
San Francisco, CA 94109
Analysis of 1688 Pine Street W201, San Francisco, CA 94109 is currently available with a list price of $402,999. 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.
Property is new construction or fully renovated.
Built in 2016, this property is within the 10-year age threshold for excellent condition. The unit features a modern kitchen with high-end stainless steel appliances and stone countertops, contemporary bathrooms with double vanities and designer fixtures, and updated hardwood flooring throughout, all in mint condition requiring no maintenance.
Priced at $402,999, this unit offers a rare opportunity to own a 2-bedroom home in a prime San Francisco location at a fraction of the typical market rate through the BMR program.
Built in 2016, The Rockwell is a high-end development providing contemporary architecture, modern finishes, and the structural integrity of a newer building.
The inclusion of a private patio is a significant value-add in a dense urban environment, offering a personal retreat and extending the living area outdoors.
As a Below Market Rate (BMR) unit, it is subject to strict MOHCD income limits, occupancy requirements, and resale price controls that limit future equity appreciation.
The $889 monthly association fee is relatively high compared to the purchase price, which may impact the overall monthly affordability for the target income-eligible buyer.
2 bedroom 2 Bth with private patio at the Rockwell. Temporary waivers apply to this unit: must not exceed 120% of the area median income, buyer does not need to be a 1st time home buyer, can have income from assets excluded from total household income, can complete the Homebuyer education after applying, can make a down payment more than 50% of the sales price, buyers may purchase a unit with up to one additional bedroom beyond their household size. Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 2 people = $124,700; 3 = $140,250; 4 = $155,850; 5 = $168,300 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, 5-26-2026. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 6-16-2026 at 5:00 PM. Fair Housing Opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 930 | 926 | 50% |
| Lot Size | 35,484 | 11,731.378 | 79% |
| Price | $403.0K | $995.0K | 6% |
| Price per sq ft | $433 | $978 | 5% |
| Built year | 2016 | 1981 | 86% |
| HOA | $889 | $921 | 47% |
| Days on market | 36 | 203 | 2% |
May 1, 2026
$402,999
Initial Listing
Mar 2, 2017
$284,000
Public Record