
San Francisco, CA 94103
This Warehouse-Conversion Loft is a Strong Value Opportunity, listed at $979,000—positioned well below the $1,012,996 Fair Market Value by 3%. This valuation gap offers $33,996 in Instant Equity. Featuring a Good Condition Rating, the unit includes radiant-heated concrete floors, a sleek granite kitchen, and two dedicated parking spaces. With a 97 Walk Score in SOMA, this property balances industrial aesthetic with urban convenience. It is an ideal acquisition for Owner-Occupants seeking a dynamic live/work space or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 60 Rausch Street 205 Subject | $979,000* List Price | 2 | 2 | 1,437 | $705 | - |
A 1160 Mission Street 1708 Sold | $963,500 | 2 | 2 | 1,201 | $802 | 0.2 mi |
B 60 Rausch Street 410 Sold | $750,000 | 1 | 1 | 913 | $821 | 0.0 mi |
C 1160 Mission Street 907 Sold | $858,000 | 2 | 2 | 1,043 | $823 | 0.2 mi |
D 317 Harriet Street 18 Sold | $1,165,000 | 2 | 3 | 1,843 | $632 | 0.4 mi |
E 2 Mint Plaza 201 Sold | $865,500 | 2 | 2 | 1,229 | $704 | 0.5 mi |
F 60 Rausch Street 407 Active | $949,000 List Price | 2 | 2 | 1,326 | $716 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (24 years old), the property is well-maintained and move-in ready, aligning with the 'Good' criteria despite being slightly over the 20-year mark. The kitchen features granite countertops and stainless steel appliances, and the unit includes functional modern systems like radiant-heated concrete floors and fresh air intake ventilation.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Located in the iconic Mullen Building, this warehouse conversion features soaring ceilings and radiant-heated concrete floors, blending historic charm with modern industrial design.
The unit includes two dedicated parking spaces in a secure garage, a rare and highly valuable asset in the dense SOMA neighborhood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16836, other record lot size in square feet = 17033.
The closest assigned schools have low ratings, which may be a concern for buyers prioritizing high-quality public education within walking distance.
The monthly association fee of $718 adds a substantial recurring cost to the property's ownership, impacting overall affordability.
You can own an exceptional warehouse-conversion live/work loft in the heart of SOMA. Nestled within the iconic Mullen Buildingdesigned by renowned San Francisco architect George Hauserthis expansive loft blends historic charm with modern industrial style. The dramatic open floor plan features soaring ceilings, abundant natural light, radiant-heated concrete floors, and endless versatility. Whether envisioned as a two-bedroom residence or a dynamic workspace with multiple offices, this loft adapts to your needs. Highlights include a sleek kitchen with granite countertops and stainless steel appliances, ample closet and storage space, in-unit washer/dryer, fresh air intake ventilation, and two dedicated parking spaces in a secure garage. Boasting a Walk Score of 97, this prime location puts the best of the city right outside your door.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,437 | 1,093.715 |
| Lot Size | 16,836 | 10,543.457 |
| Price | $979.0K | $1.21M |
| Price per sq ft | $681 | $1.1K |
| Built year | 2002 | 1989 |
| HOA | $718 | $832 |
| Days on market | 22 | 69 |
Aug 18, 2026
$979,000
Initial Listing
May 7, 2013
$745,000
Public Record
Nov 14, 2002
$575,000
Public Record