
San Francisco, CA 94107
This Below Market Rate (BMR) Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $469,094—positioned well below the $553,506 Fair Market Value by 15%. This valuation gap provides $84,412 in Instant Equity for qualified applicants. Featuring a Mint Condition Rating, this new construction unit offers a modern kitchen and a rooftop terrace with panoramic views. Given the strict MOHCD income requirements, this property is an ideal acquisition for first-time buyers or income-qualified owner-occupants seeking a modern, design-forward San Francisco residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 395 6th Street 413 Subject | $469,094* List Price | 2 | 2 | 805 | $688 | - |
A 236 Shipley Street 204 Sold | $609,375 | 2 | 2 | 819 | $744 | 0.1 mi |
B 888 7th Street Sold | $430,585 | 2 | 2 | 970 | $444 | 0.5 mi |
C 829 Folsom Street 216 Sold | $535,000 | 1 | 1 | 712 | $751 | 0.3 mi |
D 988 Harrison Street WD9 Active | $519,000 List Price | 1 | 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 property featuring a modern kitchen with stainless steel appliances, contemporary cabinetry, and high-end finishes. As a new build, all systems are current and the unit is in mint condition with no maintenance required.
As a Below Market Rate (BMR) unit in a brand-new development, this property offers a rare and highly competitive entry point into San Francisco homeownership for qualified buyers.
This unique corner two-bedroom unit features oversized west-facing windows that maximize natural light and provide pleasant leafy outlooks, creating an open and airy living environment.
Residents enjoy the benefits of a design-forward community, including a professionally attended lobby and a rooftop terrace, which are premium features for this price bracket.
The property is subject to strict MOHCD program requirements, including income caps and resale price restrictions, which limit the potential for traditional equity growth.
Parking is not included in the list price and is extremely scarce, with only three stacker spaces available for the entire BMR pool on a first-come, first-served basis.
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 unique corner two-bedroom captures leafy outlooks through oversized west-facing windows. Wrapped in windows, the home feels exceptionally open and airy, with natural light moving throughout the space. A secondary bedroom offers flexibility for guests, a home office, or adaptable everyday use. 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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 805 | 1,072.5 | 35% |
| Lot Size | - | 17,755 | 16% |
| Price | $469.1K | $899.5K | 8% |
| Price per sq ft | $583 | $904 | 13% |
| Built year | 0 | 2001 | 10% |
| HOA | $560 | $846 | 16% |
| Days on market | 78 | 203 | 2% |
Mar 20, 2026
$469,094
Initial Listing