488 Folsom Street 5003, San Francisco, CA 94105, San Francisco, 94105 - 2 bed, 3 bath
488 Folsom Street 5003
San Francisco, CA 94105
Property Price
SUMMARY
Analysis of 488 Folsom Street 5003, San Francisco, CA 94105 is currently available with a list price of $2,850,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2019, making it a newly constructed residence within the last 10 years. The description highlights 'stunning custom interiors' by 'acclaimed Clodagh Design,' 'open gourmet kitchens' with 'premium Miele appliances,' and 'spa-inspired bathrooms' with 'custom dual vanities & marble clad walls.' The images confirm a modern, high-end aesthetic with new finishes, fixtures, and appliances throughout. All components appear virtually new, meeting current quality standards with no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Exceptional Panoramic Views
Floor-to-ceiling windows from the 33rd floor offer grand, unobstructed panoramic views of the San Francisco Bay, Bay Bridge, and city skyline, significantly enhancing the property's appeal.
- Premium Building Amenities
The building provides a comprehensive suite of luxury services and amenities, including an attended private lobby, 24/7 valet parking, a fitness studio, pool, and entertainment lounges.
CONSRISKS & DEFICIENCIES
- Substantial Monthly HOA Dues
The association fee of $2,469 per month is exceptionally high, representing a significant ongoing cost of ownership that could deter some potential buyers.
- Premium Price Point
Listed at $2.85 million, this property is positioned at the very top of the luxury market, appealing to a highly specific and limited buyer demographic.
- Absence of Private Outdoor Space
The property description does not mention a private balcony or patio, which may be a desired feature for luxury condominium buyers seeking personal outdoor access.
About 488 Folsom Street 5003
Stunning 2 bedroom 2.5 bathroom with city views. Starting on the 33rd floor, residences range from 1-3 bedrooms. Residences feature expansive layouts with floor-to-ceiling windows that emphasize grand views of SF Bay, Bay Bridge, & city skyline. Acclaimed Clodagh Design chose warm wood tones & authentic marbles to create stunning custom interiors. Open gourmet kitchens boast premium Miele appliances & spa-inspired bathrooms feature custom dual vanities & marble clad walls. Amenities & services include attended private lobby, 24/7 valet parking, fitness studio, pool, entertainment lounges & more.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2019
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2469 / Month
Neighborhood Insights
San Francisco Unified Schools
Chinese Education Center
Grades K-5 • 0.7 mi
Chin (John Yehall) Elementary School
Grades K-5 • 0.9 mi
Daniel Webster Elementary School
Grades K-5 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 1,832 | 1,167.5 | 90% |
| Lot Size | - | 30,527.05 | 22% |
| Price | $2.85M | $1.20M | 92% |
| Price per sq ft | $1.6K | $1.1K | 86% |
| Built year | 2019 | 2008 | 89% |
| HOA | $2469 | $1.4K | 85% |
| Days on market | 40 | 210 | 4% |
Pricing History
Listed for Sale
Jan 26, 2026
$2,850,000
Initial Listing