1201 Sutter Street 211, San Francisco, CA 94109, San Francisco, 94109 - 1 bed, 1 bath

1201 Sutter Street 211, San Francisco, CA 94109 home-pic-0
ACTIVE$350,019
1201 Sutter Street 211, San Francisco, CA 94109
1Bed
1Bath
Sqft
Lot
Year Built
Close
-
List price
$350K
Original List price
-
Price/Sqft
$0
HOA
$312
Days on market
-
Sold On
-
MLS number
425053324
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $350.0K(11th), sqft - 0(7th), beds - 1(46th), baths - 1(49th).

LAST BMR UNIT! $10,000 price reduction for all applications received by 9/1/2025. This one bedroom unit is priced as a studio by MOH at $360,019 but can be yours for $350,019 for a limited time. No parking is available for purchase at this property. Applicants must be first-time homebuyers and cannot exceed the following income levels: 100% of Area Median Income 2025: One person - $100,850; 2 persons - $115,300; 3 persons - $129,700. Applications accepted as first come, first served until no longer available. Apply online through DAHLIA, the SF Housing Portal at https://housing.sfgov.org. Applicants will apply online as we are not accepting paper applications. Applicants must complete first-time homebuyer education and obtain a loan pre-approval from an approved participating lender. Units available through the San Francisco Mayor's Office of Housing and Community Development and are subject to monitoring and other restrictions. Visit https://www.sf.gov/step-by-step/oran-1201-sutter for program information. Photos of similar unit - finishes and layout may vary. Fair Housing Opportunity.

Price History

Date
Event
Price
06/27/25
Price Change
$350,019
Condition Rating
Excellent

This property appears to be a newly constructed or very recently completed condominium unit. The images showcase a modern aesthetic throughout, with pristine finishes in the bathroom, including contemporary tiling, fixtures, and lighting. The living space also reflects a modern design with large windows and clean lines. All visible components are new or virtually new, indicating no deferred maintenance and meeting current quality standards. The future 'on_market_date' further supports its new construction status.
Pros & Cons

Pros

Exceptional Affordability: This Below Market Rate (BMR) unit offers an unparalleled entry point into the highly competitive San Francisco real estate market, priced significantly below comparable market-rate properties.
Immediate Price Incentive: A $10,000 price reduction is available for applications received by September 1, 2025, providing an attractive and time-sensitive financial benefit to prospective buyers.
Prime San Francisco Location: Located on Sutter Street in a desirable San Francisco neighborhood (94109), offering excellent access to urban amenities, public transportation, and city lifestyle.
Value-Added Space: Marketed as a 1-bedroom unit but priced as a studio by MOH, providing more living space and perceived value than typically expected at this price point.
Predictable Monthly Costs: A relatively low and stable association fee of $312 helps manage ongoing housing expenses, contributing to the unit's overall affordability.

Cons

Strict Eligibility & Restrictions: The property is subject to stringent BMR program requirements, including first-time homebuyer status, specific income limits, and ongoing monitoring, which significantly narrows the potential buyer pool.
No Parking Availability: The absence of available parking for purchase is a notable inconvenience in a dense urban environment like San Francisco, potentially impacting daily living and future resale appeal.
Complex Application Process: Applicants must navigate a multi-step process involving first-time homebuyer education, specific lender pre-approval, and online portal applications, adding complexity and time to the purchase.

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