
San Francisco, CA 94107
This BMR 1-bedroom condominium is a Prime Investment Opportunity, listed at $331,621—positioned well below the $341,396 Fair Market Value by 2%. This valuation gap offers $9,775 in Instant Equity for qualified applicants. Featuring a Condition Rating of 3, the 820 sqft interior includes stone countertops, stainless appliances, and a city skyline view. Located in Mission Bay at The Beacon, residents enjoy a pool, spa, and patio. This is a rare entry point for income-qualified professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 260 King Street 537 Subject | $331,621* List Price | 1 | 1 | 820 | $416 | - |
A 888 7th Street Sold | $430,585 | 2 | 2 | 970 | $444 | 0.6 mi |
B 1 Federal Street 12 Sold | $324,383 | 0 | 1 | 870 | $373 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, falling within the 10-20 year age bracket since its 2004 construction. The interior features updated wood-look flooring, a functional kitchen with stainless steel appliances and stone countertops, and fresh paint throughout. All systems appear functional with minimal wear and tear, requiring no immediate renovations.
Priced at $331,621, this unit offers a rare entry point into San Francisco homeownership for eligible buyers, significantly below the market rate for the area.
Located at The Beacon, the property boasts a high-demand location with immediate proximity to Caltrain, Oracle Park, Safeway, and major tech corridors.
At 820 square feet, this one-bedroom unit provides a more spacious floor plan than many modern luxury condos, offering better utility and comfort.
As a BMR unit, the property is subject to strict MOHCD income limits and resale price restrictions, which limits the owner's potential for long-term capital appreciation.
The $995 monthly association fee is substantial, particularly relative to the purchase price, which may impact the overall affordability for the target income bracket.
1-bedroom Below Market Rate (BMR) housing opportunity available at 110% Area Median Income (AMI). Maximum income for 1 people = $120,000; 2 = $137,150; 3 = $154,300; 4 = $171,450; 5 = $185,150 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 3/20/26 (Fri) . Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 4/17/26 (Fri) at 5:00 PM. OPEN HOUSE 3/21 (Sat) 2-4pm, 3/22 (Sun) 2-4pm, 3/24 (Tue) 5-7pm. Fair Housing Opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 49% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 820 | 952.5 | 40% |
| Lot Size | 213,232 | 12,668 | 94% |
| Price | $331.6K | $875.0K | 3% |
| Price per sq ft | $404 | $885 | 15% |
| Built year | 2004 | 2001 | 63% |
| HOA | $995 | $812 | 72% |
| Days on market | 35 | 201 | 1% |
Mar 18, 2026
$331,621
Initial Listing