tomo logo

$388,888

Beds
2
Baths
1.0
sq ft
1,131

245 5th St Unit 201, San Francisco, CA 94103

245 5th St Unit 201

San Francisco, CA 94103

  • 64 days on market
    • Open house Mar 29
SHORT SALE - Your San Francisco Dream Home waits! Do not miss this expansive 2BD/1BA industrial live/work condo, a rare gem nestled in the heart of SoMa/Yerba Buena. This massive end unit has been meticulously gutted down to the studs, offering a clean slate to craft your perfect space. Boasting soaring ceilings, exposed brick walls, and concrete floors, the units open, airy layout features large windows that frame peaceful treetop views. Whether you envision a grand living area with a gourmet kitchen or need space for an office, this versatile floor plan offers ample room for customization. The generous bathroom includes a soaking tub, a separate shower, and a double vanity, making it a luxurious retreat. Converted to live/work lofts in 1996, this boutique elevator building provides key amenities like intercom access, a common rooftop deck, and convenient parking. Located close to top restaurants, nightlife, Westfield Mall, Metreon, Whole Foods, and cultural hotspots like MoMA and Yerba Buena Gardens, this prime location offers a perfect balance of city living and tranquility. With easy access to public transportation (BART, Muni, Caltrain) and major freeways 80, 101, 280, commuting is a breeze. Cash offers only

Details

Property type

Condominium

Est. home value

$861,787

Lot size

Unknown

Price per sq ft

$344

Year built

1996

Monthly HOA fee

$737

Price History

03/21/2025
BridgeMLS

BridgeMLS #ML81991459

Listed
$388,888
02/06/2025
BridgeMLS

BridgeMLS #ML81991459

Pending
$388,888
01/23/2025
BridgeMLS

BridgeMLS #ML81991459

Listed
$388,888
-35.08%

Schools & Community

Neighborhood: 

Yerba Buena

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Francisco Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Us Bank Na

Loan start date

November 2017

Original loan amount

$205,000

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

Future Advance Clause / Open End Mortgage, 30 year

Seller

John Hofmeyer and Gabriela Hofmeyer

Lender

Us Bank Na

Loan start date

November 2017

Original loan amount

$595,000

Est. remaining balance

Not provided

Interest rate

3.37%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

John Hofmeyer and Gabriela Hofmeyer

Lender

Nationwide Bank

Loan start date

March 2014

Original loan amount

$104,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Credit Line (Revolving), 30 year

Seller

Gabriela Hofmeyer and John Hofmeyer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
SFAR
$349,000
- bd
|
1 ba
|
520 sq ft
|
Condo

631 Ofarrell St Unit 812, San Francisco, CA 94109

SFAR
$424,000
- bd
|
1 ba
|
423 sq ft
|
Condo

1075 Market St Unit 711, San Francisco, CA 94103

Sold
SFAR
$399,000
- bd
|
1 ba
|
437 sq ft
|
Condo

1177 California St Unit 1111, San Francisco, CA 94108

Status: Active

Tomo last checked: 03/29/2025 at 2:55 AM

Listing updated: 03/26/2025 at 12:35 PM

Listed by: Daniel Moskowitz, Coldwell Banker Realty Phone #: (408) 401-3557

MLS: BridgeMLS #ML81991459

BridgeMLS logo