550 South Van Ness Avenue 208, San Francisco, CA 94110, San Francisco, 94110 - 1 bed, 1 bath
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550 South Van Ness Avenue 208
San Francisco, CA 94110
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
796Sq Ft
13,130Lot Size
Property Price
LIST PRICE$498,000
EST. MARKET VALUE
$519,490
4% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $498,000—positioned well below the $519,490 Fair Market Value by 4%. This valuation gap offers $21,490 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit is move-in ready with modern finishes and the rare convenience of one-car parking. Located in the vibrant Inner Mission, it offers an urban lifestyle near top-rated schools. This is an ideal acquisition for first-time buyers or urban professionals seeking a high-quality, low-maintenance residence.
Estimated Market Value
$519,490+$21,490 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Francisco.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 South Van Ness Avenue 208 Subject | $498,000* List Price | 1 | 1 | 796 | $653 | - |
A 601 Van Ness Avenue 801 Active | $536,000 List Price | 1 | 1 | 749 | $716 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1991, the unit is in mint, turnkey condition following a recent comprehensive renovation. The kitchen features modern white shaker cabinets, stainless steel appliances, and updated backsplashes, while the bathroom has been fully modernized. The interior shows no signs of deferred maintenance and meets the criteria for a high-end renovation under 5 years old.
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).
- Prime Inner Mission Location
Situated in the heart of the Inner Mission, the property offers immediate access to the vibrant culinary and cultural scenes of Valencia and Mission Streets, making it a premier choice for urban lifestyle seekers.
- Turnkey Condition
This move-in-ready unit features an updated bathroom, a spacious walk-in closet, and a modern open-concept layout, providing a seamless transition for new owners without the need for immediate renovations.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $651 per month is a substantial recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Local School Performance
While the district offers some high-rated options, several immediate neighborhood schools have lower ratings, which could be a drawback for families or investors focused on school-driven appreciation.
About 550 South Van Ness Avenue 208
Spacious turnkey one-bedroom unit in the heart of the Inner Mission of San Francisco. Feel the vibrancy of one of the most iconic SF neighborhoods, where culture and deep heritage meld into a experience unlike any other. This quiet open concept unit is ready to move in, with an updated bathroom, spacious walk-in closet, and one car parking, it has all you need. Surrounded by some of San Francisco's most notable restaurants and shopping on Valencia and Mission Streets, it's a foodie paradise.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1991
- Lot Size
- 13,130 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $651 / Month
Neighborhood Insights
San Francisco Unified Schools
Moscone (George R.) Elementary School
Grades K-5 • 0.6 mi
5/10
Chavez (Cesar) Elementary School
Grades K-5 • 0.7 mi
3/10
Sanchez Elementary School
Grades K-5 • 0.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 796 | 1,093.715 |
| Lot Size | 13,130 | 10,543.457 |
| Price | $498.0K | $1.21M |
| Price per sq ft | $626 | $1.1K |
| Built year | 1991 | 1989 |
| HOA | $651 | $832 |
| Days on market | 26 | 69 |
Pricing History
Listed for Sale
Aug 14, 2026
$498,000
Initial Listing
Sold
Feb 28, 2011
$386,000
Public Record
Sold
Sep 10, 2003
$305,000
Public Record
Sold
Jan 8, 1999
$148,500
Public Record