888 7th Street 330, San Francisco, CA 94107, San Francisco, 94107 - 1 bed, 1 bath
ACTIVE$450,762
888 7th Street 330, San Francisco, CA 94107
1Bed
1Bath
549Sqft
Lot
Year Built
2007
Close
-
List price
$451K
Original List price
-
Price/Sqft
$821
HOA
$550
Days on market
-
Sold On
-
MLS number
425029420
Home ConditionGood
Features
Patio
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $450.8K(16th), sqft - 549(16th), beds - 1(49th), baths - 1(38th).
1-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, 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 5/27/2025 at 8:00 AM PST. Please visit https://housing.sfgov.org/listings/a0W7y000004ZnoLEAS to view the listing and for application & program info. Fair Housing Opportunity.
Nearby schools
5/10
Daniel Webster Elementary School
Public,•K-5•0.7mi
5/10
Moscone (George R.) Elementary School
Public,•K-5•1.2mi
6/10
King (Starr) Elementary School
Public,•K-5•1.2mi
4/10
Bryant Elementary School
Public,•K-5•1.3mi
/10
Chinese Education Center
Public,•K-5•1.7mi
6/10
San Francisco Public Montessori School
Public,•K-5•2.3mi
9/10
Chinese Immersion School At Deavila
Public,•K-5•2.4mi
2/10
Fairmount Elementary School
Public,•K-5•2.5mi
1/10
Mission Education Center
Public,•K-5•2.5mi
3/10
Carmichael (Bessie)/Fec
Public,•K-8•0.5mi
4/10
Buena Vista/ Horace Mann K-8
Public,•K-8•1.5mi
4/10
Everett Middle School
Public,•6-8•1.6mi
3/10
Lick (James) Middle School
Public,•6-8•2.2mi
2/10
Revere (Paul) Elementary School
Public,•K-8•2.4mi
6/10
Rooftop Elementary School
Public,•K-8•2.6mi
9/10
Lilienthal (Claire) Elementary School
Public,•K-8•3.2mi
3/10
San Francisco Community Alternative School
Public,•K-8•3.5mi
8/10
Yu (Alice Fong) Elementary School
Public,•K-8•3.8mi
7/10
Hoover (Herbert) Middle School
Public,•6-8•4.2mi
6/10
Aptos Middle School
Public,•6-8•4.5mi
9/10
Lawton Alternative Elementary School
Public,•K-8•4.9mi
1/10
Downtown High School
Public,•9-12•0.7mi
3/10
O'connell (John) High School
Public,•9-12•1.1mi
2/10
S.F. International High School
Public,•9-12•1.1mi
3/10
Mission High School
Public,•9-12•1.6mi
2/10
Wells (Ida B.) High School
Public,•9-12•1.9mi
2/10
Marshall (Thurgood) High School
Public,•9-12•2.4mi
7/10
Wallenberg (Raoul) Traditional High School
Public,•9-12•2.5mi
8/10
Galileo High School
Public,•9-12•2.6mi
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
5/10
Burton (Phillip And Sala) Academic High School
Public,•9-12•3.4mi
2/10
Jordan (June) School For Equity
Public,•9-12•3.7mi
7/10
Balboa High School
Public,•9-12•4.0mi
7/10
Lincoln (Abraham) High School
Public,•9-12•4.7mi
7/10
Washington (George) High School
Public,•9-12•5.0mi
10/10
Lowell High School
Public,•9-12•5.3mi
Price History
Date
Event
Price
02/02/25
Price Change
$450,762
07/10/08
Sold
$270,500
Condition Rating
Good
Built in 2007, this property is 17 years old, placing it within the 'Good' category's age range. The unit appears move-in ready with no immediate renovation needs. The kitchen features modern wood cabinetry, dark countertops, and a mix of stainless steel and white appliances that are functional and well-maintained. Flooring consists of contemporary laminate/engineered wood and tile, both in good condition. Light fixtures are modern, and a stacked washer/dryer unit is present. While not extensively renovated, the property's original construction quality and current maintenance level ensure it meets current standards with minimal wear and tear.
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).
Affordable Entry Point: This Below Market Rate (BMR) opportunity offers a significantly more accessible price point for homeownership in the highly competitive San Francisco market.
Prime Urban Location: Located at 888 7th Street, the property benefits from a central San Francisco address, providing excellent access to city amenities, transportation, and employment centers.
Modern Construction: Built in 2007, the condominium features relatively modern construction, suggesting contemporary design and potentially fewer immediate repair needs compared to older properties.
First-Time Homebuyer Focus: Specifically designed for first-time homebuyers, this program provides a unique pathway to property ownership for those who might otherwise be excluded from the market.
Structured Acquisition Process: The clear guidelines and specific availability date (May 27, 2025) offer a transparent and organized process for eligible applicants.
Cons
Restrictive Program Requirements: The BMR program imposes strict income limitations, first-time homebuyer status, and significant resale controls, severely limiting buyer eligibility and future investment flexibility.
High Association Fees: A monthly association fee of $550 is substantial for a 549 sqft 1-bedroom unit, adding a considerable recurring cost to ownership.
Compact Living Space: With only 549 sqft, the 1-bedroom unit offers limited living space, which may not be suitable for all lifestyles or future needs.