
San Francisco, CA 94102
This Below Market Rate (BMR) Condominium is a Strong Value Opportunity, listed at $428,000—positioned well below the $414,240 Fair Market Value by -3%. Featuring a Condition Rating of 3, this 2015-built residence offers a modern kitchen, in-unit laundry, and rare dedicated parking. Residents enjoy premium amenities including a rooftop deck with city views. Located in vibrant Hayes Valley near top-rated schools like John Muir Elementary, this property is an ideal fit for first-time buyers and income-eligible owner-occupants seeking a high-walkability urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Grove Street #101 Subject 1 bd · 1 ba · 485 sqft · $854 | $428,000* List Price | 1 | 1 | 485 | $854 | - |
A 601 Van Ness Avenue 948 Sold 0 bd · 1 ba · 523 sqft · $706 · 0.3 mi | $369,000 | 0 | 1 | 523 | $706 | 0.3 mi |
B 650 Turk Street #903 Sold 0 bd · 1 ba · 396 sqft · $997 · 0.4 mi | $395,000 | 0 | 1 | 396 | $997 | 0.4 mi |
C 601 Van Ness Avenue 411 Sold 1 bd · 1 ba · 558 sqft · $699 · 0.3 mi | $390,000 | 1 | 1 | 558 | $699 | 0.3 mi |
D 960 Market Street 317 Sold 0 bd · 1 ba · 504 sqft · $911 · 0.8 mi | $459,000 | 0 | 1 | 504 | $911 | 0.8 mi |
E 960 Market Street 521 Sold 0 bd · 1 ba · 512 sqft · $948 · 0.8 mi | $485,500 | 0 | 1 | 512 | $948 | 0.8 mi |
F 601 Van Ness Avenue #929. Sold 1 bd · 1 ba · 672 sqft · $647 · 0.3 mi | $435,000 | 1 | 1 | 672 | $647 | 0.3 mi |
G 960 Market Street 721 Sold 0 bd · 1 ba · 512 sqft · $1,013 · 0.8 mi | $518,800 | 0 | 1 | 512 | $1,013 | 0.8 mi |
H 960 Market Street 214 Sold 0 bd · 1 ba · 566 sqft · $818 · 0.8 mi | $462,800 | 0 | 1 | 566 | $818 | 0.8 mi |
I 555 Fulton Street 209 Active 1 bd · 1 ba · 491 sqft · $655 · 0.1 mi | $321,536 List Price | 1 | 1 | 491 | $655 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2015, the property is approximately 11 years old based on the 2026 listing date. It is well-maintained and move-in ready, featuring a functional modern kitchen and contemporary bathroom fixtures. While the appliances are standard-grade white units, the overall condition is clean and requires no immediate maintenance.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in the heart of one of San Francisco's most vibrant neighborhoods, this property offers exceptional walkability to acclaimed restaurants, boutiques, and cultural landmarks.
The inclusion of a one-car parking space is a significant and rare convenience for a one-bedroom condo in this high-density urban area, adding substantial utility and value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11271, other record lot size in square feet = 13049.
As a Below Market Rate (BMR) unit, the property is subject to strict income limits, first-time homebuyer requirements, and resale controls that limit future appreciation and the buyer pool.
The association fee of $1,148 per month is notably high for a 485-square-foot unit, which may impact overall monthly affordability for eligible buyers.
Location, Location, Location! Incredible opportunity to own in the heart of Hayes Valley, one of San Francisco's most vibrant and walkable neighborhoods. This stylish 1-bedroom condo at 400 Grove puts you moments from Hayes Street's acclaimed restaurants, cafes, boutiques, nightlife, cultural attractions, parks, and convenient public transportation. Thoughtfully designed to maximize its efficient footprint, the residence features a modern kitchen, in-unit washer/dryer, and the rare convenience of one-car parking. Building amenities include a rooftop view deck with BBQ and firepit, perfect for entertaining, a bamboo courtyard, bike room, and secure entry/intercom system. An exceptional BMR homeownership opportunity to enjoy the best of city living in one of San Francisco's most desirable neighborhoods! 1-bedroom Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $113,450; 2 = $129,700; 3 = $145,900; 4 = $162,100; 5 = $175,050. Must be a 1st-time homebuyer and income eligible. Unit available through the Mayor's Office of Housing and Community Development MOHCD and subject to resale controls, monitoring and restrictions. Offered at $428,000. DAHLIA application period begins 10/9/2026. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval and homebuyer education verification due 10/30/2026 at 5 PM. Open houses: 10/15 5-7 PM; 10/18 2-4 PM; 10/25 2-4 PM. Fair Housing Opportunity.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 485 | 1,111.771 |
| Lot Size | 11,271 | 9,271.706 |
| Price | $428.0K | $1.25M |
| Price per sq ft | $882 | $1.1K |
| Built year | 2015 | 1989 |
| HOA | $1148 | $804 |
| Days on market | 84 | 67 |
Aug 1, 2026
$428,000
Initial Listing
Oct 26, 2015
$322,000
Public Record