
San Francisco, CA 94105
This Below Market Rate (BMR) Condominium represents a Strong Value Opportunity, listed at $404,645—positioned well below the $395,038 Fair Market Value by -2%. Featuring a Condition Rating of 3, this unit offers modern amenities including Granite Countertops, In-Unit Laundry, and Deeded Parking. Residents enjoy a luxury lifestyle with access to an Indoor Pool, Sauna, and Fitness Center. Located near top-rated schools like Chinese Immersion School at Deavila, this property is an ideal acquisition for income-eligible first-time buyers or urban professionals seeking a stable, amenity-rich residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 355 1st Street S310 Subject | $404,645* List Price | 1 | 1 | 659 | $599 | - |
A 400 Beale Street 505 Active | $425,000 List Price | 1 | 1 | 828 | $513 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, the property is exactly 20 years old and remains well-maintained and move-in ready. The kitchen features functional granite countertops and stainless steel appliances, and the unit includes modern systems like AC and in-unit laundry, meeting the criteria for the 10-20 year age bracket.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Residents enjoy access to premium facilities including a 24-hour doorperson, indoor pool, fitness center, and a rooftop deck, offering a high-end lifestyle at a BMR price point.
Ideally situated near the Embarcadero, transit hubs, and freeways, providing exceptional walkability and convenience for city professionals.
As a Below Market Rate (BMR) unit, it is subject to rigorous income eligibility, first-time homebuyer requirements, and resale controls that limit long-term capital appreciation.
The monthly HOA fee of $1,126 is substantial for a one-bedroom unit, which may strain the budget of buyers within the 100% AMI income bracket.
1-bedroom Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $113,450, 2 people = $129,700, 3 people = $145,900, 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, 07/01/26. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 7/27/26 at 5:00 PM. This is a Fair Housing Opportunity. Amenities include concierge, 24-hour doorperson, indoor pool, hot tub, sauna, fitness center, club lounge, theater, rooftop deck w/BBQ & business center. Condo features deeded parking & bike storage, stainless steel appliances, granite countertops, AC, & in unit laundry. Ideally located near the Embarcadero, close to shopping, restaurants, transit & freeways.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 659 | - |
| Lot Size | 38,572 | - |
| Price | $404.6K | $1.27M |
| Price per sq ft | $614 | $1.1K |
| Built year | 2004 | 0 |
| HOA | $1126 | $0 |
| Days on market | 107 | 62 |
Apr 6, 2026
$404,645
Initial Listing
Apr 9, 2021
$380,000
Public Record
Jul 24, 2012
$313,000
Public Record
Jan 20, 2010
$280,000
Public Record
Jun 15, 2005
$278,500
Public Record