
San Francisco, CA 94131
This Strategic Below Market Rate (BMR) Condo is listed at $445,650, representing a stable and regulated entry point at its $445,650 Fair Market Value. Boasting a Condition Rating of 4, the residence is move-in ready with a private deck overlooking serene pool and greenbelt views. Residents benefit from premium community amenities and a prime location near Glen Canyon Park. Situated near elite institutions like Lowell High School (10/10) and Chinese Immersion School At Deavila (9/10), this property offers unmatched educational access. It is perfectly suited for income-eligible first-time buyers or urban professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45 Ora Way A303 Subject | $445,650* List Price | 1 | 1 | 676 | $659 | - |
A 55 Ora Way B204 Sold | $553,000 | 1 | 1 | 676 | $818 | 0.0 mi |
B 215 Red Rock Way 207J Sold | $565,000 | 1 | 1 | 744 | $759 | 0.4 mi |
C 55 Red Rock Way 207 Sold | $365,000 | 0 | 1 | 592 | $617 | 0.4 mi |
D 55 Red Rock Way 110O Sold | $327,500 | 0 | 1 | 474 | $691 | 0.4 mi |
E 175 Red Rock Way Unit K204 Sold | $435,000 | 0 | 1 | 592 | $735 | 0.4 mi |
F 175 Red Rock Way 303K Sold | $445,000 | 0 | 1 | 592 | $752 | 0.4 mi |
G 95 Red Rock Way 207M Active | $499,000 List Price | 0 | 1 | 592 | $843 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this condo is described as move-in ready and well-maintained, but it lacks recent comprehensive renovations. The 'As-Is' sale status and the suggestion for a 'personal touch' indicate that while the major systems are functional, the kitchen, bathroom, and interior finishes are likely dated and reflect the property's age, fitting the criteria for a well-kept but older home.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Priced significantly below market rate at $445,650, this unit offers a rare entry point into San Francisco homeownership for income-eligible first-time buyers.
The property features excellent lifestyle perks including a covered community pool, lush greenbelts, and a community center, complemented by serene pool views from the unit.
As a BMR unit, the property is subject to strict income caps, a lottery process, and resale controls that limit future appreciation and buyer eligibility.
The association fee of $849 per month is relatively high for a one-bedroom condo, which may strain the budget of buyers within the 120% AMI bracket.
Charming Diamond Heights HUD BMR Condo. Lottery May Apply! Below Market Rate (BMR) housing opportunity available at 120% Area Median Income (AMI). Maximum income for 1 person = $130,900; 2 = $149,650; 3 = $168,300, etc. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Please visit https://housing.sfgov.org to view the listing and for application & program info. Discover unbeatable value in the heart of San Francisco’s coveted Diamond Heights neighborhood! This bright condo offers a comfortable living space with serene pool views. Enjoy the sparkling & covered community pool, lush greenbelts, and a vibrant community center—ideal for relaxation and social gatherings. Sold As-Is, move-in ready—just waiting for your personal touch. Live steps from public transportation and the natural beauty of Glen Canyon Park, with shopping, dining, and all the best of city living at your doorstep. Don’t miss your chance to own in one of San Francisco’s most desirable neighborhoods at an incredible price! Ready to make this Diamond Heights gem your new home? Contact us today to schedule a private tour and learn more about eligibility for this unique BMR.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 676 | 956 | 28% |
| Lot Size | 676 | 3,410.75 | 24% |
| Price | $445.6K | $875.0K | 21% |
| Price per sq ft | $659 | $818 | 17% |
| Built year | 1975 | 1972 | 69% |
| HOA | $849 | $567 | 76% |
| Days on market | 104 | 212 | 14% |
Jan 8, 2026
$445,650
Initial Listing