RealKey
‪(213) 433-7766‬

338 Potrero Avenue 308, San Francisco, CA 94103, San Francisco, 94103 - 2 bed, 2 bath

338 Potrero Avenue 308, San Francisco, CA 94103 home-pic-0
ACTIVE$414,731
338 Potrero Avenue 308, San Francisco, CA 94103
2Beds
2Baths
823Sqft
11,251.55Lot
Year Built
2016
Close
-
List price
$415K
Original List price
-
Price/Sqft
$504
HOA
$777
Days on market
-
Sold On
-
MLS number
425077606
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $414.7K(11th), sqft - 823(38th), beds - 2(50th), baths - 2(50th).

2-bedroom 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, 09/29/2025. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on 10/20/25 at 5:00 PM. OPEN HOUSE 10/03/25 5:00 pm to 7:00 pm, 10/11/25 2:00 pm to 4:00 pm, 10/12/25 2:00pm to 4:00 pm. Fair Housing Opportunity.

Price History

Date
Event
Price
07/16/25
Price Change
$414,731
06/22/17
Sold
$292,500
Condition Rating
Excellent
Built in 2016, this property is only 8 years old and presents in virtually new condition. The kitchen features modern flat-panel cabinetry, a gas cooktop, and integrated appliances, while the bathrooms boast contemporary floating vanities, backlit mirrors, and subway tile surrounds. Throughout the unit, you'll find modern finishes including light hardwood/laminate flooring, new grey carpeting in the bedrooms, recessed lighting, and an industrial-chic exposed concrete ceiling. All components meet current quality standards with no visible wear, tear, or deferred maintenance, making it move-in ready with a fresh, modern aesthetic.
Pros & Cons

Pros

Affordable Entry Point (BMR): This property offers a Below Market Rate (BMR) housing opportunity, providing a significantly more affordable purchase price compared to typical San Francisco market rates for eligible buyers.
Modern Construction: Built in 2016, the unit is relatively new, suggesting contemporary design, modern amenities, and potentially lower immediate maintenance concerns.
Desirable San Francisco Location: Located in San Francisco's Potrero Avenue area, residents benefit from access to a vibrant urban environment, diverse amenities, and strong employment opportunities.
Functional Layout: The 2-bedroom, 2-bathroom configuration is highly practical and sought after, offering good functionality for individuals, couples, or small families.
Targeted First-Time Homebuyer Opportunity: Specifically designed to assist first-time homebuyers, this program offers a unique pathway to property ownership in an otherwise high-cost market.

Cons

Strict Eligibility & Resale Restrictions: The BMR program imposes significant income limits, first-time homebuyer requirements, and ongoing resale controls, severely limiting the potential buyer pool and future property flexibility.
High Monthly Association Fee: A substantial association fee of $777 per month adds a significant recurring cost to homeownership, impacting the overall affordability beyond the initial purchase price.
Complex Application Process: The requirement for specific application deadlines, loan pre-approval, and homebuyer education verification can be a barrier and time-consuming for potential buyers.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state