Property Overview:
888 7th St, Unit 247 is a condominium unit in San Francisco, CA, built in 2007. It features 2 bedrooms, 1 bathroom, and 770 sq. ft. of living space. The property includes a parking garage, and the estimated home value is $578,500.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 17.6% (higher than state average of 11.8%).
- Property crime risk: 20% (higher than state average of 10.8%).
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Schools:
Nearby schools include Five Keys Adult School (SF Sheriff’s) and Carmichael (Bessie)/FEC.- Average SAT score: 874 (below state average of 975).
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Job Market:
- 69.5% white-collar jobs, 30.6% blue-collar jobs.
- Unemployment rate: 4.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 15,463 (12% growth since 2000).
- 39% families with children.
- Largest age group: 25-34 years (29.3%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 47.7°F (January), 64.1°F (July).
- Average rainfall: 22.7 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $69,124.
- Average annual spending: $53,422.
Property Features:
- Bright and cheerful corner condo located at the junction of Potrero Hill, SOMA, and Mission Bay.
- Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI).
- Maximum income limits:
- 2 people: $115,300.
- 3 people: $129,700.
- 4 people: $144,100.
- Maximum income limits:
- Must be a first-time homebuyer and income eligible.
- Subject to resale controls, monitoring, and other restrictions.
Application Details:
- Listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org).
- Application date: 10/18/2023.
- Deadline: 11/08/2023 (application, loan pre-approval, and homebuyer education verification required).
- Open House Dates:
- 10/24: 5-7 PM.
- 11/2: 12-2 PM.
- 11/5: 10 AM-12 PM.