
San Francisco, CA 94102
This Modern Hayes Valley Studio is a premier BMR Urban Sanctuary listed at $349,617, offering exceptional stability at its $349,617 Fair Market Value. Boasting an Excellent Condition Rating, the 2016-built residence features designer finishes, integrated appliances, and a private patio. Residents enjoy a 100 Transit Score and a common roof deck with City Hall views. With temporary waivers currently easing eligibility requirements, this home provides rare entry into a district with Top-Rated Schools ranging from Lowell High School (10/10) to Chinese Immersion School (9/10). It is perfectly suited for urban professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 388 Fulton Street 404 Subject | $349,617* List Price | 0 | 1 | 326 | $1,072 | - |
A 388 Fulton St 603 Sold | $420,000 | 0 | 1 | 326 | $1,288 | - |
B 8 Octavia Boulevard 407 Active | $335,000 List Price | 0 | 1 | 385 | $870 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property falls within the 10-year window for excellent condition. The unit features modern, high-quality finishes including flat-panel cabinetry, a contemporary black tile backsplash, integrated appliances, and a sleek floating bathroom vanity. The flooring and fixtures appear virtually new with no visible deferred maintenance, reflecting current market standards for luxury urban studios.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Located in the heart of Hayes Valley with perfect transit scores (100) and near-perfect walk/bike scores (99), providing unparalleled access to the SF Ballet, Opera, and Financial District.
Temporary waivers are currently in place, including a 20% AMI buffer and the removal of the first-time homebuyer requirement, making it significantly easier for a wider range of buyers to qualify.
As a Below Market Rate (BMR) unit, the property is subject to strict MOHCD resale controls and monitoring, which limits long-term capital appreciation and investment flexibility.
At just 326 square feet, the studio's very small footprint may pose significant challenges for furniture layout, storage, and long-term livability.
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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 17% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 326 | 744.5 | 9% |
| Lot Size | 12,510.43 | 14,311.93 | 48% |
| Price | $349.6K | $672.5K | 9% |
| Price per sq ft | $1.1K | $1.0K | 59% |
| Built year | 2016 | 1995 | 80% |
| HOA | $501 | $766 | 13% |
| Days on market | 785 | 202 | 0% |
Feb 27, 2024
$349,617
Initial Listing
Jan 24, 2017
$266,500
Public Record