285 Main Street 409, San Francisco, CA 94105, San Francisco, 94105 - 1 bed, 1 bath
285 Main Street 409
San Francisco, CA 94105
Property Price
SUMMARY
Analysis of 285 Main Street 409, San Francisco, CA 94105 is currently available with a list price of $420,091. 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.
This property was built in 2020, making it very new and well within the 'built within 10 years' criterion for an excellent rating. The images confirm a modern aesthetic throughout, with new appliances, contemporary cabinetry and countertops in the kitchen, and a sleek, updated bathroom featuring a backlit mirror and subway tile. All components appear virtually new with no signs of wear or deferred maintenance, meeting current quality standards.
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).
- Affordable Entry Point
This Below Market Rate (BMR) opportunity provides a rare chance to purchase property in a high-cost market like San Francisco at a significantly reduced price for eligible buyers.
- Modern Construction
Built in 2020, the unit is relatively new, offering contemporary design, modern amenities, and reduced immediate maintenance concerns compared to older properties.
CONSRISKS & DEFICIENCIES
- Strict Eligibility Requirements
The BMR program imposes significant income limits and first-time homebuyer criteria, severely restricting the pool of potential buyers and complicating the application process.
- Resale Restrictions
The property is subject to 'resale controls, monitoring & other restrictions,' which can limit future appreciation potential and owner flexibility compared to market-rate properties.
- High Association Fees
A monthly association fee of $773 is substantial for a 1-bedroom unit, adding a significant ongoing cost to ownership that buyers must factor into their budget.
About 285 Main Street 409
1 bedroom 1 bath Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $109,100; 2 = $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, 1-26-2026. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 2-19-2026 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 | 567 | 1,134 | 2% |
| Lot Size | 54,885.602 | 33,739 | 60% |
| Price | $420.1K | $1.19M | 4% |
| Price per sq ft | $741 | $1.1K | 8% |
| Built year | 2020 | 2008 | 92% |
| HOA | $773 | $1.4K | 5% |
| Days on market | 107 | 210 | 15% |
Pricing History
Listed for Sale
Nov 20, 2025
$420,091
Initial Listing
Sold
Aug 18, 2021
$340,500
Public Record