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719 Larkin Street 502, San Francisco, CA 94109, San Francisco, 94109 - 1 bed, 1 bath

719 Larkin Street 502, San Francisco, CA 94109 home-pic-0
ACTIVE$388,000
719 Larkin Street 502, San Francisco, CA 94109
1Bed
1Bath
545Sqft
6,108Lot
Year Built
2019
Close
-
List price
$388K
Original List price
-
Price/Sqft
$712
HOA
$557
Days on market
-
Sold On
-
MLS number
425045725
Home ConditionExcellent
Features
Good View:
Deck
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $388.0K(14th), sqft - 545(10th), beds - 1(46th), baths - 1(49th).

This unit qualifies for MOH temporary waivers, contact listings agent for details. Available on First Come First Serve - No Lottery for this property - 1 bedroom Below Market Rate(BMR)housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $100,850; 2 people = $115,300; 3 = $129,700; 4 = $144,100, 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. The unit will be available on a first come first served basis starting on 05/07/2024 at 8:00 AM PST. Please visit https://www.sf.gov/step-by-step/719-larkin-street-unit-502-0 to view the first come first served listing and for application & program info. FAIR HOUSING OPPORTUNITY. 1 bedroom with a stunning view of downtown San Francisco includes washer/dryer hookups, custom closet, and HOA amenities shared rooftop deck w/BBQ and dedicated bike parking.

Nearby schools

3/10
Tenderloin Community
Public,•K-5•0.2mi
6/10
San Francisco Public Montessori School
Public,•K-5•1.0mi
/10
Chinese Education Center
Public,•K-5•1.0mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•1.8mi
1/10
Mission Education Center
Public,•K-5•3.0mi
2/10
Fairmount Elementary School
Public,•K-5•3.1mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•0.9mi
6/10
Francisco Middle School
Public,•6-8•1.4mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•1.9mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•2.1mi
6/10
Rooftop Elementary School
Public,•K-8•2.5mi
2/10
Revere (Paul) Elementary School
Public,•K-8•3.3mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•3.3mi
3/10
San Francisco Community Alternative School
Public,•K-8•4.1mi
9/10
Lawton Alternative Elementary School
Public,•K-8•4.3mi
2/10
Wells (Ida B.) High School
Public,•9-12•1.1mi
8/10
Galileo High School
Public,•9-12•1.3mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•1.5mi
3/10
Mission High School
Public,•9-12•1.7mi
3/10
O'connell (John) High School
Public,•9-12•1.7mi
1/10
Downtown High School
Public,•9-12•1.8mi
2/10
S.F. International High School
Public,•9-12•2.1mi
6/10
Academy Of Arts And Sciences
Public,•9-12•3.2mi
9/10
Asawa (Ruth) San Francisco School Of The Arts, A Public School.
Public,•9-12•3.2mi
2/10
Marshall (Thurgood) High School
Public,•9-12•3.5mi
7/10
Washington (George) High School
Public,•9-12•4.1mi
7/10
Lincoln (Abraham) High School
Public,•9-12•4.3mi
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•4.5mi
7/10
Balboa High School
Public,•9-12•4.5mi
2/10
Jordan (June) School For Equity
Public,•9-12•4.5mi
10/10
Lowell High School
Public,•9-12•5.1mi

Price History

Date
Event
Price
06/01/25
Price Change
$388,000
01/21/20
Sold
$332,500
Condition Rating
Excellent
This property was built in 2019, making it a very recent construction. The images confirm a modern aesthetic throughout, with a contemporary kitchen featuring white shaker cabinets, stainless steel appliances, and sleek countertops. The bathroom is equally modern with subway tiling, a new vanity, and updated fixtures. Flooring, lighting, and overall finishes are consistent with a newly built property, showing no signs of wear and tear and meeting current quality standards.
Pros & Cons

Pros

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 Affordability: As a Below Market Rate (BMR) unit, it offers a rare opportunity for homeownership in San Francisco at a significantly reduced price point compared to market value.
Modern Construction: Built in 2019, the property benefits from contemporary design, newer building systems, and reduced immediate maintenance concerns.
Prime San Francisco Location: Situated in a highly desirable and dynamic urban environment, offering access to city amenities and a strong real estate market.
Attractive Amenities & Views: The building provides desirable amenities such as a shared rooftop deck with BBQ and dedicated bike parking, complemented by stunning downtown San Francisco views from the unit.
Convenient Unit Features: The unit includes practical features like in-unit washer/dryer hookups and a custom closet, enhancing daily living convenience.

Cons

Restrictive BMR Program Conditions: The property is subject to strict income limits, first-time homebuyer requirements, and significant resale controls, which limit future flexibility and appreciation potential.
Compact Living Space: At 545 square feet, the 1-bedroom unit offers limited living area, which may not suit all buyer preferences or needs for space.
High Monthly HOA Dues: The $557 monthly association fee is substantial for a unit of this size, adding a significant recurring cost to homeownership.

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