241 10th Street 305, San Francisco, CA 94103, San Francisco, 94103 - 1 bed, 1 bath
241 10th Street 305
San Francisco, CA 94103
Property Price
SUMMARY
Analysis of 241 10th Street 305, San Francisco, CA 94103 is currently available with a list price of $329,000. 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.
Built in 2017, this property falls within the 10-year window for excellent condition. The interior features modern finishes including stainless steel appliances, sleek white cabinetry, contemporary track lighting, and high-quality flooring. The bathroom is updated with a glass-enclosed walk-in shower and large-format tiling, while the presence of a mini-split cooling system and in-unit laundry further reflects its modern, well-maintained status.
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
Priced at $329,000, this property offers a rare and highly accessible entry point into the San Francisco real estate market for qualified buyers.
- Modern Construction
Built in 2017, the building features contemporary architecture and updated seismic standards, likely offering modern finishes and lower immediate maintenance needs.
CONSRISKS & DEFICIENCIES
- Strict Resale Controls
The unit is subject to MOHCD resale restrictions, which cap future appreciation and limit the owner's ability to build significant market-rate equity.
- High Monthly HOA Fees
The $738 monthly association fee is relatively high for a 551-square-foot one-bedroom unit, significantly increasing the total monthly carrying costs.
- Rigid Eligibility Requirements
Strict income caps and first-time homebuyer mandates create a complex application process and narrow the pool of potential future buyers.
About 241 10th Street 305
Applications are being accepted on a first come, first served basis starting on 2/21/2025 at 8:00 AM PST. Any applications uploaded prior to 8:00 AM PT on February 21, 2025 will automatically be deleted and considered an invalid application for the first come, first served process. 1 bedroom Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $104,900; 2 = $119,900; 3 = $134,850; 4 = $149,850; 5 = $161,850 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). Visit https://housing.sfgov.org for application & program info. Fair Housing Opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2017
- Lot Size
- 8,923 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $738 / Month
Neighborhood Insights
San Francisco Unified Schools
Tenderloin Community
Grades K-5 • 0.7 mi
Muir (John) Elementary School
Grades K-5 • 0.9 mi
Redding Elementary School
Grades K-5 • 1.2 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 | 551 | 963 | 14% |
| Lot Size | 8,923 | 8,923 | 50% |
| Price | $329.0K | $849.1K | 5% |
| Price per sq ft | $597 | $818 | 15% |
| Built year | 2017 | 2003 | 75% |
| HOA | $738 | $742 | 49% |
| Days on market | 481 | 219 | 0% |
Pricing History
Listed for Sale
Nov 11, 2024
$329,000
Initial Listing
Sold
May 3, 2018
$304,500
Public Record