388 Fulton Street 404, San Francisco, CA 94102, San Francisco, 94102 - bed, 1 bath
ACTIVE$349,617
388 Fulton Street 404, San Francisco, CA 94102
0Bed
1Bath
326Sqft
12,510.43Lot
Year Built
2016
Close
-
List price
$350K
Original List price
-
Price/Sqft
$1,072
HOA
$501
Days on market
-
Sold On
-
MLS number
424031886
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $349.6K(15th), sqft - 326(15th), beds - undefined(8th), baths - 1(50th).
Studio Below Market Rate (BMR) housing Hayes Valley opportunity available at 100% Area Median Income (AMI). Maximum income for 1 people = $104,900; 2 = $119,900; 3 = $134,850; 4= $149,850 etc. 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 06/18/2024 at 8:00 AM PST. Please visit https://www.sf.gov/step-by-step/388-fulton-street-unit-404 to view the listing and for application & program info. Fair Housing Opportunity. 99 Walker's Paradise, 100 Rider's Paradise, and 99 Biker's Paradise. Centrally located to FIDI, Freeway, SF Ballet, SF Opera, Jazz Center, Bill Graham Auditorium, Asian Art Museum, The Mission, the Castro, Duboce Triangle, and more. Equal Housing Opportunity. Temporary Waivers in place AMI +20%; Remove First Time Buyer Requirement; Household Size; Lower Financing and more! See docs.
Nearby schools
4/10
Parks (Rosa) Elementary School
Public,•K-5•0.5mi
7/10
Muir (John) Elementary School
Public,•K-5•0.5mi
6/10
San Francisco Public Montessori School
Public,•K-5•1.1mi
2/10
Sanchez Elementary School
Public,•K-5•1.1mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•1.3mi
/10
Chinese Education Center
Public,•K-5•1.5mi
1/10
Mission Education Center
Public,•K-5•2.6mi
2/10
Fairmount Elementary School
Public,•K-5•2.7mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•0.9mi
4/10
Everett Middle School
Public,•6-8•1.1mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•1.8mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•2.0mi
6/10
Rooftop Elementary School
Public,•K-8•2.0mi
3/10
Lick (James) Middle School
Public,•6-8•2.1mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•2.9mi
2/10
Revere (Paul) Elementary School
Public,•K-8•2.9mi
8/10
Presidio Middle School
Public,•6-8•3.7mi
3/10
San Francisco Community Alternative School
Public,•K-8•3.7mi
9/10
Lawton Alternative Elementary School
Public,•K-8•3.9mi
2/10
Wells (Ida B.) High School
Public,•9-12•0.7mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•1.2mi
3/10
Mission High School
Public,•9-12•1.2mi
3/10
O'connell (John) High School
Public,•9-12•1.4mi
1/10
Downtown High School
Public,•9-12•1.6mi
8/10
Galileo High School
Public,•9-12•1.7mi
2/10
S.F. International High School
Public,•9-12•1.8mi
6/10
Academy Of Arts And Sciences
Public,•9-12•2.7mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•2.7mi
2/10
Marshall (Thurgood) High School
Public,•9-12•3.2mi
7/10
Washington (George) High School
Public,•9-12•3.8mi
7/10
Lincoln (Abraham) High School
Public,•9-12•3.9mi
7/10
Balboa High School
Public,•9-12•4.0mi
2/10
Jordan (June) School For Equity
Public,•9-12•4.1mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•4.1mi
10/10
Lowell High School
Public,•9-12•4.7mi
Price History
Date
Event
Price
02/27/24
Price Change
$349,617
01/24/17
Sold
$266,500
Condition Rating
Excellent
Built in 2016, this property is virtually new. The kitchen features modern white flat-panel cabinetry, a sleek black subway tile backsplash, and contemporary appliances, all in excellent condition. The bathroom also boasts a modern floating vanity and clean design. Throughout the unit, the finishes, flooring, and fixtures appear new and well-maintained, showing no signs of wear or deferred maintenance, consistent with a recently constructed building.
Pros & Cons
Pros
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).
Below Market Rate (BMR) Opportunity: This property is a Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI) with temporary waivers, making it significantly more accessible and affordable than typical San Francisco housing for eligible buyers.
Exceptional Walkability and Transit Scores: Boasting a '99 Walker's Paradise,' '100 Rider's Paradise,' and '99 Biker's Paradise' score, the property offers unparalleled access to amenities, public transportation, and cycling routes.
Prime Central Location: Centrally located in Hayes Valley, it provides easy access to major cultural institutions, entertainment venues, and business districts including FIDI, SF Ballet, SF Opera, Jazz Center, Asian Art Museum, The Mission, and the Castro.
Modern Construction: Built in 2016, the unit is relatively new, suggesting modern building standards, amenities, and potentially lower immediate maintenance concerns compared to older properties.
Affordable San Francisco Price Point: With a list price of $349,617, this BMR condominium offers an exceptionally low entry point into the highly competitive San Francisco real estate market for qualified individuals.
Cons
Strict Programmatic Restrictions: As a BMR unit, it is subject to significant income limits, resale controls, monitoring, and other restrictions imposed by the Mayor's Office of Housing and Community Development (MOHCD), limiting buyer eligibility and future flexibility.
Compact Studio Layout: At only 326 sqft, the unit is a very compact studio, which may not appeal to buyers seeking more living space, a separate bedroom, or greater privacy.
High Monthly Association Fee: The association fee of $501 per month is substantial for a unit of this size and price point, adding a significant recurring cost to homeownership.