888 7th Street 234, San Francisco, CA 94107, San Francisco, 94107 - 1 bed, 1 bath
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San Francisco, CA 94107
This Move-In Ready BMR Condominium provides an accessible path to homeownership with a List Price of $449,577, closely tracking its $443,552 Fair Market Value. Boasting a Good Condition Rating, the 2007-built interior features dark wood-style flooring and a functional kitchen with stainless steel appliances. The property is ideally located near Top-Rated Schools, including the prestigious Lowell High School. Bypassing the lottery system via a "First Come First Serve" process, this unit is a premier choice for income-eligible residents and first-time buyers seeking stability in a vibrant urban hub.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 888 7th Street 234 Subject | $449,577* List Price | 1 | 1 | 535 | $829 | - |
A 260 King Street 529 Sold | $495,000 | 1 | 1 | 600 | $825 | 0.7 mi |
B 170 King Street 618 Sold | $353,500 | 1 | 1 | 589 | $600 | 0.8 mi |
C 260 King Street 683 Sold | $470,000 | 0 | 1 | 550 | $855 | 0.7 mi |
D 555 4th Street 905 Sold | $562,500 | 1 | 1 | 577 | $975 | 0.7 mi |
E 829 Folsom Street 216 Sold | $535,000 | 1 | 1 | 712 | $751 | 0.7 mi |
F 250 King Street 1304 Sold | $525,000 | 1 | 1 | 587 | $894 | 0.7 mi |
G 888 7th Street 330 Active | $450,762 List Price | 1 | 1 | 549 | $821 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property falls within the 10 to 20-year age range for a 'good' condition rating. The unit is move-in ready with well-maintained dark wood-style flooring and neutral paint. The kitchen is functional with stainless steel appliances and stone countertops, and while the cabinetry appears to be original builder-grade, it is in good condition. The bathroom features a modern vanity and clean tile work, indicating the property has been well-kept with no immediate need for major renovations.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
As a Below Market Rate (BMR) unit priced under $450,000, this property offers a rare and highly accessible entry point into the San Francisco real estate market for qualified buyers.
The 'First Come First Serve' availability bypasses the traditional, unpredictable lottery system often associated with BMR units, providing a more direct path to ownership.
The property is subject to MOHCD resale restrictions, which significantly limit the owner's ability to realize market-rate appreciation or profit upon future sale.
Ownership is limited to individuals meeting specific income caps (100% AMI) and program requirements, which narrows the pool of potential buyers and complicates the financing process.
First Come First Serve No Lottery! Temporary SFMOHCD Waviers may apply to the following (one of which is a possible increase to 120% AMI) bedroom Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $104,900; 2 = $119,900; 3 = $134,850; 4 = $149,850; 5 = $161,850 etc. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit is listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org) Visit https://housing.sfgov.org for application & program info. Fair Housing Opportunity.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 49% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 535 | 952.5 | 15% |
| Lot Size | 95,280 | 12,668 | 94% |
| Price | $449.6K | $875.0K | 5% |
| Price per sq ft | $840 | $885 | 40% |
| Built year | 2007 | 2001 | 76% |
| HOA | $452 | $800 | 12% |
| Days on market | 629 | 203 | 99% |
Aug 1, 2024
$449,577
Initial Listing
Nov 29, 2017
$329,500
Public Record
Oct 16, 2008
$270,500
Public Record