
San Francisco, CA 94134
This Below Market Rate (BMR) Condominium represents a Strong Value Opportunity, listed at $399,000—positioned well below the $428,814 Fair Market Value by 6%. This valuation gap offers $29,814 in Instant Equity for qualified buyers. Featuring a Good Condition Rating, the unit includes a private patio, granite countertops, and hardwood flooring. With temporary SFMOHCD waivers relaxing income and eligibility requirements, this property is an ideal acquisition for first-time buyers or income-eligible owner-occupants seeking an affordable entry into the San Francisco market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 301 Crescent Court 3101 Subject | $399,000* List Price | 1 | 1 | 804 | $533 | - |
A 401 Crescent Court Pending | $499,000 List Price | 1 | 1 | 805 | $620 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (17 years old), the property falls within the 10-20 year range for 'Good' condition. The interior appears well-maintained and move-in ready, featuring a functional kitchen with granite countertops and stainless steel appliances, along with well-kept hardwood flooring.
Priced at $399,000, this unit offers a rare opportunity to own a spacious 804 sqft condominium in San Francisco at a significant discount compared to market-rate properties.
Temporary SFMOHCD waivers allow for a higher income ceiling of 140% AMI and waive the first-time homebuyer requirement, making this BMR unit accessible to a much broader range of buyers.
The inclusion of a private patio provides a desirable outdoor extension to the living area, enhancing the overall quality of life and functional square footage of the home.
As a Below Market Rate (BMR) unit, the property is subject to strict resale controls and monitoring, which limits the owner's ability to realize significant capital gains or market-rate appreciation.
The $741 monthly association fee is relatively high for an income-restricted property, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
No lottery First Come First Serve! Spacious 1 bedroom with private patio Below Market Rate (BMR) housing opportunity. Temporary SFMOHCD Waviers: Temporary waviers apply to this unit: must not exceed 140% of the area median income One person is $158,650,two person $181,600 etc, buyer does not need to be a 1st time home buyer, can have income from assets excluded from total household income, can complete the Homebuyer education after applying, can make a down payment more than 50% of the sales price. Available at 120% Area Median Income (AMI). Maximum income for 1 person = $136,150; 2 = $155,650; 3 = $175,100, 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. The unit will be available on a first come first served basis starting on 5/28/2026 at 8:00 AM PST. Please visit https://housing.sfgov.org/listings/a0W7y000002H465EAC to view the listing and for application & program info. 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 | 33% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 804 | 1,095 | 33% |
| Lot Size | 114,389 | 42,325 | 67% |
| Price | $399.0K | $709.0K | 33% |
| Price per sq ft | $496 | $598 | 33% |
| Built year | 2007 | 2006 | 67% |
| HOA | $741 | $741 | 50% |
| Days on market | 36 | 144 | 33% |
May 1, 2026
$399,000
Initial Listing
Sep 2, 2015
$399,000
Public Record
Sep 28, 2007
$329,000
Public Record