250 King Street #518, San Francisco, CA 94107, San Francisco, 94107 - 2 bed, 2 bath
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250 King Street #518
San Francisco, CA 94107
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,197Sq Ft
213,232Lot Size
Property Price
LIST PRICE$442,519
EST. MARKET VALUE
$430,399
SUMMARY
This Below Market Rate (BMR) Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $442,519—positioned well below the $430,400 Fair Market Value by -2%. Featuring a Fair Condition Rating, this 1,197 sqft unit at The Beacon offers premium amenities including a pool, spa, and deck. While subject to strict MOHCD income and resale controls, the property provides significant urban utility in Mission Bay. This is an ideal acquisition for first-time buyers or income-eligible owner-occupants seeking a stable, amenity-rich residence.
Estimated Market Value
$430,399
Based on Realkey algorithm analyzing recent comparable sales in San Francisco.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 250 King Street #518 Subject 2 bd · 2 ba · 1,197 sqft · $360 | $442,519* List Price | 2 | 2 | 1,197 | $360 | - |
A 260 King Street 537 Sold 1 bd · 1 ba · 820 sqft · $404 · 0.0 mi | $331,621 | 1 | 1 | 820 | $404 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2004, the property is 22 years old, placing it in the 'Fair' category based on age. The interior features original finishes and a kitchen layout from the early 2000s, which are functional and well-maintained but dated by modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of Mission Bay, the property offers unparalleled access to Oracle Park, Caltrain, MUNI, and major freeways, making it a premier hub for commuters and sports fans.
- Comprehensive Building Amenities
Residents at The Beacon enjoy a full suite of luxury services, including a 24-hour doorperson, heated pool, spa, fitness center, and a dedicated dog area, providing a high-end lifestyle.
- Exceptional Value for Size
At nearly 1,200 square feet, this light-filled 2-bedroom unit offers a significant amount of living space at a price point far below the standard San Francisco market average.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =213232, other record lot size in square feet = 213893.
- Strict Eligibility & Resale Controls
As a Below Market Rate (BMR) unit, it is subject to rigorous MOHCD income limits and resale restrictions that limit the pool of eligible buyers and future equity appreciation.
- High Monthly Carrying Costs
The substantial $1,162 monthly HOA fee, combined with the fact that parking is leased rather than deeded, creates a significant recurring financial obligation for the owner.
About 250 King Street #518
Light filled 2bd 2bth with deck at the The Beacon. Close to shopping, ballpark, transportation, freeway. Building amenities include pool, spa, gym, dog area, event room, 24 doorperson. Leased parking available. Temporary waivers apply to this unit 20% over posted AMI which would be 120% AMI, Asset test waived, see Dahlia listing for complete waivers list. Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). See waivers for higher qualifying AMI 2-bedroom Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 2 people = $129,700; 3 = $145,900; 4 = $162,100; 5 = $175,050, 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, 9-29-2026. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 10-20-2026 at 5:00 PM. Fair Housing Opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2004
- Lot Size
- 213,232 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1162 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,197 | 1,111.771 |
| Lot Size | 213,232 | 9,271.706 |
| Price | $442.5K | $1.25M |
| Price per sq ft | $370 | $1.1K |
| Built year | 2004 | 1989 |
| HOA | $1162 | $804 |
| Days on market | 80 | 67 |
Pricing History
Listed for Sale
Aug 5, 2026
$442,519
Initial Listing
Sold
Oct 17, 2013
$250,500
Public Record