
San Francisco, CA 94102
This Modern BMR Studio Opportunity is listed at $359,000, offering a stable and accessible entry point at its $359,000 Fair Market Value. Boasting a Good Condition Rating, this Move-in Ready 2008-built home features a contemporary kitchen with stone countertops and the convenience of in-unit laundry. The property is situated near elite schools, including Lowell High School (10/10) and Lilienthal Elementary (9/10). Enhanced by temporary program waivers that expand income eligibility and remove first-time buyer requirements, this home is perfectly suited for income-eligible urban professionals or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 55 Page Street 219 Subject | $359,000* List Price | 0 | 1 | 515 | $697 | - |
A 960 Market Street 321 Sold | $449,000 | 0 | 1 | 512 | $877 | 0.9 mi |
B 601 Van Ness Avenue 750 Sold | $450,000 | 1 | 1 | 666 | $676 | 0.5 mi |
C 601 Van Ness Avenue 1102 Sold | $465,000 | 1 | 1 | 676 | $688 | 0.5 mi |
D 750 Van Ness Avenue V502 Active | $299,000 List Price | 0 | 1 | 391 | $765 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property is well-maintained and move-in ready, fitting the 10-20 year age bracket for a 'good' rating. The kitchen features contemporary cabinetry and stone countertops, though the white electric appliances are slightly dated. The unit includes convenient in-unit laundry and the flooring and bathroom appear to be in good condition with minimal wear.
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 at $359,000, this property offers a rare and highly accessible entry point into the San Francisco market, significantly below the median price for comparable studio condominiums.
The listing features unique temporary waivers including a 20% higher income limit, no first-time homebuyer requirement, and the ability to make a down payment exceeding 50%, broadening the eligible buyer pool.
As a Below Market Rate (BMR) unit, the property is subject to strict MOHCD resale controls and monitoring, which limits long-term capital appreciation and investment flexibility.
With 350 days on the market, the property has experienced significant stagnation, suggesting potential challenges with the specific AMI tier requirements or a mismatch with current buyer demand.
Spacious Studio Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). First Come First Serve No Lottery Temporary Waviers that apply: Can have a higher income limit. Up to 20% more than what is listed for the unit. Do not need to be a first-time homebuyer. Can have income from assets excluded from total household income. Can complete the homebuyer education after applying. Can make a down payment more than 50% of the sales price. Income for 1 person = $109,100; 2 = $124,700; 3 = $140,250; 4 = $155,850; 5 = $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/listings/a0W7y000005W2bhEAC to view the listing and for application & program info. Fair Housing Opportunity
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 17% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 515 | 744.5 | 15% |
| Lot Size | 25,801 | 16,494.29 | 59% |
| Price | $359.0K | $672.5K | 9% |
| Price per sq ft | $697 | $1.0K | 26% |
| Built year | 2008 | 1995 | 61% |
| HOA | $501 | $766 | 13% |
| Days on market | 356 | 202 | 98% |
May 1, 2025
$359,000
Initial Listing
Dec 17, 2013
$240,000
Public Record