74 New Montgomery Street 516, San Francisco, CA 94105, San Francisco, 94105 - 2 bed, 2 bath
74 New Montgomery Street 516
San Francisco, CA 94105
Property Price
SUMMARY
Analysis of 74 New Montgomery Street 516, San Francisco, CA 94105 is currently available with a list price of $1,250,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Francisco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is in move-in ready condition, benefiting from recent updates including new paint, carpet, and wood flooring. The kitchen is modern with granite slab countertops and stainless steel appliances, and the unit features high-end additions such as California Closets and motorized shades. Although the building is historical, the unit's interior components are virtually new or exceptionally well-maintained, showing no signs of deferred maintenance.
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 Urban Location
Situated in the heart of Yerba Buena with a WalkScore of 97 and a TransitScore of 100, this property offers unparalleled access to Michelin-star dining, world-class museums, and major transit hubs.
- Architectural Character and Light
This corner unit in an iconic 1914 historical building features seven oversized operable windows that flood the space with natural light and provide unique architectural skyline views.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee is significant at $1,242 per month, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Lack of Deeded Parking
The property offers leased parking rather than deeded spaces, which can be a drawback for owners seeking long-term parking security and asset appreciation.
About 74 New Montgomery Street 516
The Montgomery is one of Yerba Buena's most iconic fully renovated historical buildings conveniently located in the heart of downtown San Francisco. This spacious corner two-bedroom condominium is bathed in natural light from the over-sized operable hung windows (7 in total) all with motorized shades. The kitchen features granite slab counter-tops, stainless steel appliances & a large island open to the dining & living areas. The open plan is complimented with built in storage/bookcases and boasts compelling architectural views. Two bedrooms are located on opposite ends of the unit for enhanced privacy. The large primary suite has a sitting area with skyline views, multiple closets and spa-like bathroom. The guest suite is all ready for you and your guests with built in desk, storage and a murphy bed! Closets have been thoughtfully updated by California Closets to maximize storage. In-unit laundry, new paint, carpet and wood floors make this unit move-in ready. This home also comes with a private storage locker. Leased parking available. Amenities include 24hr security, bike storage and a 5,500SF+/- roof deck with BBQ, wifi, heaters and gorgeous panoramic views. The Montgomery is a short stroll from numerous museums, Michelin Star restaurants, shopping & public transit. WalkScore of 97 and TransitScore of 100!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1914
- Lot Size
- 17,865 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1242 / Month
Neighborhood Insights
San Francisco Unified Schools
Chinese Education Center
Grades K-5 • 0.5 mi
Chin (John Yehall) Elementary School
Grades K-5 • 0.8 mi
Redding Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,123 | 1,145 | 50% |
| Lot Size | 17,865 | 30,527.05 | 35% |
| Price | $1.25M | $1.20M | 53% |
| Price per sq ft | $1.1K | $1.1K | 50% |
| Built year | 1914 | 2008 | 6% |
| HOA | $1242 | $1.4K | 30% |
| Days on market | 53 | 210 | 7% |
Pricing History
Listed for Sale
Jan 13, 2026
$1,250,000
Initial Listing
Sold
Apr 17, 2019
$1,500,000
Public Record