
San Francisco, CA 94102
This Modern Studio Condominium represents a Strong Value Opportunity, listed at $276,705—positioned well below the $276,705 Fair Market Value (BMR restricted). While the unit is in Good Condition, it offers a premium lifestyle in Hayes Valley with a view skydeck and bamboo courtyard. Proximity to top-tier schools like Chinese Immersion School at Deavila and Lowell High School adds significant neighborhood appeal. This BMR unit is an ideal acquisition for income-eligible buyers or first-time buyers seeking a modern, transit-oriented residence in San Francisco.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Grove Street 305 Subject | $276,705* List Price | 0 | 1 | 427 | $648 | - |
A 8 Octavia Boulevard 407 Active | $295,000 List Price | 0 | 1 | 385 | $766 | 0.4 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, placing it in the 'Good' category. The unit is well-maintained and move-in ready, featuring a modern bathroom with contemporary tiling and vanity, in-unit laundry, and high-quality building amenities including a skydeck and secure entrance.
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 desirable neighborhoods, this property offers immediate access to trendy boutiques, elite dining, and central public transit hubs.
Built in 2015, the building provides high-end communal features including a view skydeck with a gas BBQ and firepit, a serene bamboo courtyard, and a secure bike room.
As a Below Market Rate (BMR) unit, the property is subject to strict income eligibility requirements and resale controls that limit future capital appreciation and buyer pool.
The monthly association fee of $1,006 is disproportionately high for a 427-square-foot studio, which may impact the overall affordability for the target income demographic.
Studio Below Market Rate (BMR) housing opportunity available at 120% Area Median Income (AMI), which includes the one-time 20% increase as allowed under the temporary waivers. Maximum income for 1 person= $136,150, 2 people = $155,650, 3 people = $175,100, etc. Must be 1st-time homebuyer & income eligible. Temporary waivers apply to this unit. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit will be listed on DAHLIA, the SF Housing Portal starting on the application date, 6/18/26. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 7/10/26 at 5:00 PM. This is a Fair Housing Opportunity. Modern living in the heart of Hayes Valley, 400 Grove offers a secure building with bike room, virtual doorman, bamboo courtyard and view skydeck with gas BBQ and firepit close to shops, restaurants and public transit. Modern architecture, great natural light, large bathroom and in unit washer/dryer make this studio as desirable as the location.
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 | 0.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 427 | - |
| Lot Size | 11,271 | - |
| Price | $276.7K | $1.27M |
| Price per sq ft | $648 | $1.1K |
| Built year | 2015 | 0 |
| HOA | $1006 | $0 |
| Days on market | 124 | 62 |
Mar 20, 2026
$276,705
Initial Listing
Dec 4, 2015
$172,500
Public Record