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$599,000

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

  • 9 days on market
Bring your contractor and imagine your spectacular SF dream home in this expansive 2BD/1BA industrial live/work condo offering a vast blank canvas in the heart of SoMa/Yerba Buena. This massive end unit has been taken down to the studs to create a peaceful wide-open space featuring concrete floors, brick walls, tall ceilings and windows overlooking treetop views. Create a sprawling great room alongside your gourmet dream kitchen and enjoy plenty of room for two bedrooms, an office or whatever you require. The large bathroom includes a soaking tub, shower and double vanity, and great closet space completes this incredible condo opportunity. Converted to live/work lofts in 1996, the boutique elevator building offers an intercom, common roof deck and parking close to restaurants, nightlife, Westfield Shopping Center, Metreon Center, Whole Foods, Target, MoMA, Yerba Buena Gardens, Oracle Park and Chase Center. BART, Muni, tech shuttles, Caltrain, and the 80, 101 and 280 are all nearby. Cash or hard-money lender required.

Details

Property type

Condominium

Est. home value

$861,787

Property condition

Fixer
Under Construction
New Construction

Lot size

0.4947 acres

Price per sq ft

$530

Year built

1996

Monthly HOA fee

$649

Price History

10/27/2024
SFAR

SFAR #424076626

Listed
$599,000
-13.91%
03/30/2024
SFAR

SFAR #424000836

Removed
$695,810
02/13/2024
SFAR

SFAR #424000836

Price change
$695,810
-0.46%

Schools & Community

Neighborhood: 

Yerba Buena

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

27

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?

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Status: Active

Tomo last checked: 11/05/2024 at 3:20 PM

Listing updated: 10/27/2024 at 3:56 PM

Listed by: Sergio R. Giannoni, Vanguard Properties

MLS: SFAR #424076626

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