
San Francisco, CA 94107
This Strong Value Opportunity is a brand-new BMR condominium listed at $346,899, positioned well below the $405,073 Fair Market Value by 14%. This valuation gap provides $58,174 in Instant Equity for qualified buyers. Featuring a Condition Rating of 2 (new construction), the unit offers modern finishes, smart entry, and City skyline outlooks. While subject to MOHCD income restrictions, this property is an ideal acquisition for first-time buyers or income-qualified professionals seeking a modern, low-maintenance residence in the heart of San Francisco.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 395 6th Street 214 Subject | $346,899* List Price | 0 | 1 | 385 | $1,052 | - |
A 988 Harrison Street S04 Pending | $419,000 List Price | 0 | 1 | 0 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new construction unit in the RENOU development, featuring contemporary design, modern stainless steel appliances, sleek cabinetry with under-mount lighting, and high-quality flooring throughout. All components meet current quality standards with no physical depreciation.
As a Below Market Rate (BMR) unit, this property offers a rare opportunity for qualified first-time buyers to achieve homeownership in San Francisco at a fraction of the typical market cost.
The RENOU development features premium urban amenities including a lobby attendant, contemporary design, and a rooftop terrace with panoramic skyline views.
Situated in the heart of San Francisco, the property provides excellent proximity to transit, employment hubs, and the vibrant dining and culture of the SoMa district.
The property is subject to strict MOHCD income limits and resale restrictions, which significantly cap future appreciation and limit the pool of potential future buyers.
With only 385 square feet of living space and parking available only via a competitive stacker system at an additional cost, the unit may feel constrained for long-term needs.
Below Market Rate (BMR) ownership homes at 395 6th Street RENOU is the only new construction BMR opportunity in San Francisco, offering a rare path to ownership in a newly built, design-forward residential community. This studio features an open layout offering maximum flexibility, thoughtfully designed to maximize livable space. Tucked along a quieter street, it offers a more serene residential setting within the city. Air conditioning and smart entry features enhance everyday comfort and convenience. Paired with an attended lobby and a rooftop terrace above the city, creating a home designed for how San Francisco lives today. Studio, one-bedroom, and two-bedroom homes are available. - Without parking: priced from $346,899 - $470,707 - With parking: priced from $381,208 - $519,730 Three stacker parking spaces are available to BMR buyers on a first-come, first-served basis by application rank. Parking is offered at an additional cost; the listed home price does not include parking. Buyers should inquire about pricing and availability. Applicants must be first-time homebuyers and cannot exceed 100% of MOHCD's Area Median Income (2025): 1 person: $109,100, 2 persons: $124,700, 3 persons: $140,250, 4 persons: $155,850 Homes are available through the San Francisco Mayor's Office of Housing and Community Development and are subject to monitoring and other program restrictions. Visit the 395 6th Street listing on DAHLIA to apply and review full program details. All applicants must complete first-time homebuyer education and obtain loan pre-approval from an approved participating lender.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 6% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 385 | 1,072.5 | 10% |
| Lot Size | - | 17,755 | 16% |
| Price | $346.9K | $899.5K | 5% |
| Price per sq ft | $901 | $908 | 50% |
| Built year | 0 | 2001 | 10% |
| HOA | $528 | $846 | 16% |
| Days on market | 78 | 203 | 2% |
Mar 20, 2026
$346,899
Initial Listing