1160 Mission St #1404
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
33% of that payment is not the mortgage. The HOA fee alone is $61,680 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $4,355.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($32,500). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
🚩 Rising fast · +6.9%/yrReconstructed from 16 units of recorded sales at 1160 Mission St — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues climbed 40% in 5 years — about +6.9%/yr across 16 units of recorded sales, well above inflation. A rise this steep is a leading signal of a special assessment, a drained reserve fund, or an insurance shock. The listing never shows it; the building's documents are where the "why" lives.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- Upper floor (fl 14)
- In-unit W/D
- Newer build (2008)
⚠️ Cons
- HOA $1028/mo
- Photos look dim — verify light in person
🚩 Red flags
- Very high HOA $1028/mo (full-service high-rise)
- Listed BELOW its 2022 sale ($770k) → value eroding
Photos
Price history (this unit)
- Sep 16, 2026 — Listed $650,000
- Jun 1, 2022 — Sold (Public Records) $770,000
Description
A spacious, modern, luxury 1-bedroom condo with a great view in the SOMA area. Live like the rich in a worry-free, hotel-like building with all the convenience of well-designed modern features on the 14th floor. A 24-hour staffed front lobby for security and services. Additionally, a clubhouse, BBQ area, private park, spa, and exercise room on the fifth floor for a well-balanced work/life lifestyle. The building and the unit are exceptionally well maintained.