
San Francisco, CA 94124
This Modern Waterfront Condo is a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $574,825 Fair Market Value by 13%. This valuation gap offers $75,825 in Instant Equity for buyers prepared for a short sale. Boasting an Excellent Condition Rating, the 2016-built residence features floor-to-ceiling windows, radiant heating, and panoramic Bay views. While local school ratings vary, the property provides access to elite city-wide institutions like Lowell High School. This is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 451 Donahue Street 418 Subject | $615,000* List Price | 2 | 2 | 1,024 | $600 | - |
A 10 Innes Court 102 Sold | $765,000 | 3 | 2 | 1,223 | $626 | 0.1 mi |
B 451 Donahue Street 413 Sold | $600,000 | 2 | 2 | 1,010 | $594 | - |
C 116 Jerrold Avenue Sold | $750,000 | 3 | 2 | 1,325 | $566 | 0.1 mi |
D 570 Innes Avenue Pending | $588,888 List Price | 2 | 2 | 970 | $607 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2016, this property falls within the 10-year window for an excellent rating. The interior features high-end modern finishes including a contemporary kitchen with a waterfall-edge island, premium stainless steel appliances, and sleek two-tone cabinetry. The bathrooms are updated with glass-enclosed walk-in showers and modern tile work. With radiant heating, floor-to-ceiling windows, and well-maintained wood-style flooring, the unit shows no signs of physical depreciation and meets current luxury quality standards.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Built in 2016, this residence features floor-to-ceiling windows, radiant heating, and sleek wood-style flooring, offering a bright and sophisticated aesthetic that appeals to modern urban buyers.
The Merchant building provides high-end communal spaces including a well-equipped gym, a roof deck with panoramic views, and a BBQ patio, all supported by professional management and strong reserve funding.
The listing is subject to a short sale, which often results in a prolonged and uncertain closing timeline due to the requirement of third-party lender approval.
The immediate elementary and middle schools serving the area have low performance ratings, which may limit the property's appeal to families prioritizing education quality.
Live the best of San Francisco waterfront living in this bright and thoughtfully designed 2-bed, 2-bath condo at 451 Donahue St, Unit 418 in the vibrant San Francisco Shipyard community. Built in 2016 and offering approximately 1,024 sq ft, this contemporary residence welcomes you with floor-to-ceiling windows bathing the open living space in natural light and seamless indoor-outdoor vibes. Enjoy the convenience of in-unit laundry, assigned covered parking, radiant heating, and sleek wood-style flooring throughout. The Merchant building features resort-style amenities including a well-equipped gym, lounge and BBQ patio areas, roof deck with views, bike room, professional management and strong reserve funding. Just steps from future retail and parks, and minutes to transit, dining, and Mission Bay, this home is a rare opportunity to embrace urban convenience and community in a transforming waterfront neighborhood. Subject to Short Sale.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,024 | 1,272 | 29% |
| Lot Size | 22,024 | 13,880 | 57% |
| Price | $615.0K | $615.0K | 50% |
| Price per sq ft | $601 | $566 | 71% |
| Built year | 2016 | 1998 | 57% |
| HOA | $710 | $710 | 50% |
| Days on market | 113 | 231 | 14% |
May 12, 2026
$615,000
$499,000
+23% Price Increase
Initial Listing
Feb 13, 2026
$499,000
Initial Listing
Oct 6, 2015
$619,000
Public Record