1300 22nd St #304
This is an income-restricted (BMR) resale. Its price is set by an income formula, not by the market, so the gap against normal comps is not equity you own — it is a restriction you inherit, with income limits to qualify and a formula price when you sell. Scoring it against market comps would flatter it enormously, so we don't score it at all.
💵What this unit actually costs per month
36% of that payment is not the mortgage. The HOA fee alone is $50,760 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,091.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($23,384). 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 2026-11-05 — 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
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($856 in 2025), not enough for a trend yet. The listing shows $846/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- 30% below model fair value
- Upper floor (fl 3)
- Newer build (2016)
⚠️ Cons
- HOA $846/mo
🚩 Red flags
- Income-restricted (BMR) resale — price set by an income formula, not the market; buyer income limits apply and the gap vs comps is not equity
Photos
Price history (this unit)
- Nov 4, 2026 — Price Changed $467,674
- Nov 4, 2026 — Listed $467,845
- Jul 11, 2023 — Sold (MLS) $395,945
- Feb 13, 2023 — Listed $395,945
Description
Stylish and spacious 1 bedroom with parking at The Knox! Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 person = $113,450; 2 = $129,700; 3 = $145,900; 4 = $162,100; 5 = $175,050 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, 11-4-2026. Visit https://housing. sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification…