I’m often asked what types of properties are available in San Francisco in the $300,000-$350,000 range. And I have to say that there aren’t many. But I thought I’d profile a couple different offerings that have sold recently in this range. Of course, in other parts of the country you can buy yourself a sweet house for this amount of money. But as usual, things are different in San Francisco, particularly if you want to be in a desirable neighborhood with a lot of restaurants and services nearby.
This Cole Valley studio is in a great location at Downey, and has nice Victorian detailing throughout, such as high ceilings and oversized bay windows. The unit has nice light, a lovely shared garden, hardwood floors, ample closets and cabinets, and HOA dues of $99/mo. (There is no garage in the building.) There are also only two other units in the building, which makes things manageable. This unit sold for $330,000 last week, and was listed at $275,000. Keep in mind that Cole Valley is one of the most desirable neighborhoods in the city, and home prices are typically very high.
This studio is about 500 square feet and is located in a 60-unit complex built in 1980. The kitchen and bath have been remodeled, and the unit has expansive views toward Coit Tower. One-car parking is included. HOA dues are $466/mo and property amenities feature a tennis court, roof deck with panoramic views, laundry, twelve overnight guest parking spaces, and earthquake insurance. Here’s a very cool shot of the tennis court against the backdrop of San Francisco’s skyline:
This property sold in August for $345,000, and the list price was $299,900.
Keep in mind that you can get more space (and potentially, a parking spot) for your money if you’re flexible on your selection of neighborhoods. In San Francisco, that’s what it all comes down to.