
San Francisco, CA 94107
This High-Potential Investment Opportunity is listed at $1,249,000—positioned well below the $1,310,334 Fair Market Value by 4%. This valuation gap offers $61,334 in Instant Equity for the discerning buyer. Featuring a Mint Condition Rating with high-end renovations, this Oriental Warehouse loft showcases authentic exposed brick and timber beams. Its prime South Beach location near the Embarcadero and major transit hubs ensures strong demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, turnkey urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 650 Delancey St 103 Subject | $1,249,000* List Price | 1 | 2 | 1,457 | $899 | - |
A 855 Folsom Street 505 Sold | $1,350,000 | 2 | 2 | 1,394 | $968 | 0.7 mi |
B 10 South Park Street 3 Sold | $985,000 | 1 | 2 | 1,048 | $940 | 0.2 mi |
C 188 South Park Street 3 Sold | $1,365,000 | 2 | 3 | 1,578 | $865 | 0.3 mi |
D 461 2nd Street 461T Sold | $1,350,000 | 1 | 2 | 1,789 | $755 | 0.2 mi |
E 821 Folsom Street 518 Sold | $1,035,000 | 2 | 2 | 1,101 | $940 | 0.6 mi |
F 555 4th Street 822 Sold | $979,888 | 2 | 2 | 1,154 | $849 | 0.4 mi |
G 650 Delancey Street 409 Pending | $1,350,000 List Price | 1 | 2 | 1,505 | $897 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was converted in 1996, the interior shows evidence of a high-end renovation within the last 5 years. The kitchen features modern flat-panel cabinetry and updated stainless steel appliances, and the bathrooms have been modernized with vessel sinks and contemporary fixtures. The unit is in mint condition with well-maintained exposed ductwork and newer laundry systems.
Located in the historic Oriental Warehouse, this conversion loft features highly desirable authentic details including exposed brick, timber beams, and a signature built-in library wall with a sliding ladder.
Situated on a quiet cul-de-sac in the heart of South Beach, the property offers immediate access to the Embarcadero waterfront, Oracle Park, and major transit hubs including the Bay Bridge and BART.
Boasting 1,457 square feet, the oversized floor plan provides significant versatility with two flexible upstairs areas that can easily accommodate a second bedroom, home office, or den.
The association fee of $987 per month is substantial, which may impact overall affordability and deter buyers sensitive to high fixed monthly ownership expenses.
The current list price of $1.249M is approximately 24% lower than its 2016 sale price of $1.65M, reflecting a notable decline in valuation that may concern investors regarding long-term appreciation.
Experience the epitome of loft living in The Oriental Warehouse, one of San Francisco's most sought-after conversion loft buildings. Nestled along the historic Embarcadero Waterfront on a serene cul-de-sac street. Step inside to discover the open concept floor plan with a harmonious blend of exposed brick, timber beams, and modern amenities, all bathed in natural light streaming through the oversized windows. The main level welcomes you with an inviting living area, featuring a built-in library wall with a sliding ladder. The adjacent open kitchen and dining area boasts modern appliances, ample cabinet space, and elegant wood floors. Completing this level is a separate sitting area and convenient bathroom with a shower. Upstairs are two flexible areas that can serve as two separate bedrooms or a bedroom and office/den area, offering versatility to suit your lifestyle needs. A second bath and a washer/dryer area provide added convenience. Breathtaking views of the Bay Bridge and waterfront are just steps away from the building, perfect for leisurely strolls or admiring the city skyline. Sports enthusiasts will delight in the proximity to Oracle Park and Chase Center. Indulge in the many nearby cafes and restaurants. Easy access to the Bay Bridge, Muni, and BART.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,457 | - |
| Lot Size | - | - |
| Price | $1.25M | $1.27M |
| Price per sq ft | $857 | $1.1K |
| Built year | 1996 | 0 |
| HOA | $987 | $0 |
| Days on market | 12 | 62 |
Jul 10, 2026
$1,249,000
Initial Listing
Feb 26, 2016
$1,650,000
Public Record
Apr 30, 1997
$342,000
Public Record