74 New Montgomery Street, San Francisco, CA 94105, San Francisco, 94105 - 1 bed, 1 bath
Loading property details...
San Francisco, CA 94105
This BMR Loft-Style Residence represents a Prime Investment Opportunity, listed at $292,804—positioned well below the $303,028 Fair Market Value by 3%. This valuation gap provides $10,224 in Instant Equity for qualified buyers. Boasting a Mint Condition Rating, the interior features modern cabinetry and panoramic city views of the Salesforce Tower. Residents benefit from top-rated schools including Lowell High School and a prime Yerba Buena location. This is a rare, high-value acquisition for income-eligible first-time buyers and Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 74 New Montgomery Street Subject | $292,804* List Price | 1 | 1 | 600 | $488 | - |
A 74 New Montgomery Street 303 Active | $345,950 List Price | 1 | 1 | 672 | $515 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1914, the unit is a modern loft conversion in mint condition. The kitchen features contemporary flat-panel cabinetry, stone countertops, and stainless steel appliances. The bathroom is fully updated with modern tile and fixtures. With new flooring, recessed lighting, and an in-unit washer/dryer, the property reflects a high-quality renovation within the last 5-10 years requiring no maintenance.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Priced at $292,804, this Below Market Rate (BMR) unit offers a rare opportunity for income-eligible first-time homebuyers to own property in San Francisco at a fraction of the typical market cost.
Located in the heart of Yerba Buena, the property is just two blocks from Montgomery BART and within walking distance of the Financial District, Salesforce Park, and major cultural attractions.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 600, other record living area = 962.
The association fee of $1,127 per month is notably high for a 600-square-foot studio, which may strain the budget of buyers meeting the 120% AMI income requirements.
Subject to MOHCD resale controls and monitoring, the property has limited potential for capital appreciation and a restricted pool of future eligible buyers.
Below Market Rate (BMR) studio condominium available at 120% qualifying AMI, reflecting the one-time 20% increase allowed under the temporary waivers. This loft-style residence offers an open living space with elevated sleeping area, in-unit washer/dryer combo, kitchen appliances, and dedicated storage cage.Full-service building amenities include 24-hour security, panoramic rooftop deck with BBQ, and bike storage. Prime Yerba Buena location, only two blocks from Montgomery BART, near the Financial District, Salesforce Park, and SFMoMA. Must be first-time homebuyer and income eligible. Maximum income limits: for 1 person= $130,900; 2= $149,650; 3 =$168,300; 4=$187,000; 5= $201,950. 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 5/7/2026 at 8:00 AM PST. OPEN HOUSES: 5/2 Saturday 3-5PM. Fair Housing Opportunity.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 45% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 600 | 987 | 4% |
| Lot Size | - | 27,582.189 | 19% |
| Price | $292.8K | $1.19M | 2% |
| Price per sq ft | $488 | $1.1K | 2% |
| Built year | 1914 | 2008 | 9% |
| HOA | $1127 | $1.4K | 28% |
| Days on market | 80 | 186 | 2% |
Mar 25, 2026
$292,804
Initial Listing