280 Spear Street 4P, San Francisco, CA 94105, San Francisco, 94105 - 1 bed, 1 bath
280 Spear Street 4P
San Francisco, CA 94105
Property Price
SUMMARY
Analysis of 280 Spear Street 4P, San Francisco, CA 94105 is currently available with a list price of $541,896. 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.
The property was built in 2020, placing it well within the 10-year threshold for an excellent rating. As a unit in a modern luxury high-rise, it features contemporary architecture, high-end building systems, and interior components that are virtually new with no deferred maintenance.
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).
- Modern Construction
Built in 2020, this property offers contemporary architecture, modern building systems, and the peace of mind associated with nearly new construction.
- Exceptional Value
Priced at $541,896, this unit represents a rare opportunity to own a home in a premier San Francisco neighborhood at a fraction of the typical market rate.
CONSRISKS & DEFICIENCIES
- Strict Eligibility Requirements
The sale is restricted to first-time homebuyers meeting specific income caps (120% AMI), significantly narrowing the pool of potential qualified buyers.
- Resale and Profit Restrictions
Subject to MOHCD resale controls and monitoring, the property’s future appreciation is capped, limiting the owner's ability to build traditional equity.
- High HOA Fees
The $773 monthly association fee is relatively high for a 519-square-foot unit, adding a substantial recurring cost to the monthly budget.
About 280 Spear Street 4P
1 bedroom Below Market Rate (BMR) housing opportunity available at 120% Area Median Income (AMI). Maximum income for 1 person = $130,900; 2 = $149,650; 3 = $168,300; 4 = $187,000; 5 = $201,950 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, 2-13-2026. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 3-6-2026 at 5:00 PM. Fair Housing Opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2020
- Lot Size
- 54,885.602 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $773 / Month
Neighborhood Insights
San Francisco Unified Schools
Chinese Education Center
Grades K-5 • 0.8 mi
Chin (John Yehall) Elementary School
Grades K-5 • 0.8 mi
Daniel Webster Elementary School
Grades K-5 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 47% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 519 | 1,134 | 2% |
| Lot Size | 54,885.602 | 33,739 | 60% |
| Price | $541.9K | $1.19M | 6% |
| Price per sq ft | $1.0K | $1.1K | 36% |
| Built year | 2020 | 2008 | 92% |
| HOA | $773 | $1.4K | 5% |
| Days on market | 59 | 210 | 8% |
Pricing History
Listed for Sale
Jan 7, 2026
$541,896
Initial Listing
Sold
Feb 23, 2021
$437,000
Public Record