888 7th Street 355, San Francisco, CA 94107, San Francisco, 94107 - 2 bed, 1 bath
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San Francisco, CA 94107
This Below Market Rate (BMR) Condominium represents a Strong Value Opportunity, listed at $529,114—positioned well below the $595,810 Fair Market Value by 11%. This pricing provides $66,696 in Instant Equity for eligible buyers. Featuring a Good Condition Rating, this 2-bedroom unit includes deeded parking and in-unit laundry. Located in the thriving Mission Bay neighborhood, it offers proximity to top-rated schools like Chinese Immersion School at Deavila. This is an ideal acquisition for income-eligible households or first-time buyers seeking a stable, well-located urban residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 888 7th Street 355 Subject | $529,114* List Price | 2 | 1 | 770 | $774 | - |
A 260 King Street 631 Sold | $596,000 | 1 | 1 | 693 | $860 | 0.7 mi |
B 829 Folsom Street 216 Sold | $535,000 | 1 | 1 | 712 | $751 | 0.7 mi |
C 260 King Street 529 Sold | $495,000 | 1 | 1 | 600 | $825 | 0.7 mi |
D 260 King Street 683 Sold | $470,000 | 0 | 1 | 550 | $855 | 0.7 mi |
E 236 Shipley Street 204 Sold | $609,375 | 2 | 2 | 819 | $744 | 0.6 mi |
F 128 Morris Street 13 Sold | $620,000 | 1 | 2 | 800 | $775 | 0.4 mi |
G 888 7th Street 330 Active | $450,762 List Price | 1 | 1 | 549 | $821 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is approximately 19 years old, placing it squarely in the 'Good' category. The interior shows well-maintained laminate flooring and functional living spaces that appear move-in ready without immediate need for major renovation.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
Situated in a thriving, highly desirable neighborhood near SOMA and downtown, offering excellent proximity to urban amenities and employment centers.
As a Below Market Rate (BMR) unit priced at $529,114, this property provides a rare opportunity for first-time homebuyers to enter the San Francisco market at a significant discount.
The property is limited to first-time homebuyers meeting strict 100% Area Median Income (AMI) requirements, significantly narrowing the pool of potential buyers.
Subject to MOHCD resale controls and monitoring, the unit lacks the appreciation potential of market-rate properties and is restricted by long-term occupancy requirements.
Desirable unit located in a wonderful, thriving neighborhood with 2-Bedroom, 1-Bath, 1-Deeded Parking Space, In-Unit Laundry Hook-up. This lovely condo is situated in Mission Bay, a highly desirable area where is near Soma and downtown. Convenient and ample free street parking is readily available near the building. Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 2 people = $124,700; 3 = $140,250; 4 = $155,850, 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. Unit will be listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org) starting on the application date, 5/28/2026 at 8:00 AM PST. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 6/22/26 at 5 pm. Open House: 5/30/26 2-4 pm, 5/31/26 2-4 pm and 6/2/26 5-7 pm.
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 | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 770 | 1,072.5 | 29% |
| Lot Size | 95,280 | 19,200.13 | 90% |
| Price | $529.1K | $899.5K | 13% |
| Price per sq ft | $687 | $904 | 18% |
| Built year | 2007 | 2001 | 79% |
| HOA | $682 | $846 | 24% |
| Days on market | 9 | 202 | 2% |
May 28, 2026
$529,114
Initial Listing
Oct 3, 2022
$448,000
Public Record
Sep 23, 2008
$302,000
Public Record