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Stealpad › San Francisco, CA › Tenderloin › 151 Alice B. Toklas Pl #505
151 Alice B. Toklas Pl #505 — 1 bd condo for sale in Tenderloin, San Francisco
64Fair price

151 Alice B. Toklas Pl #505

Tenderloin, San Francisco, CA · 94109
$895,000 17% below mkt
1 bd · 1.5 ba · 1,204 sqft · $743/sf
HOA $1,390/mo · 🏢 fee history ↓ · Floor 5 · 24 days on market · built 1920
💎 Hidden gem⚠️ HOA trap
⚖️ Adjusted valueUndervaluedasking is 17% under fair value
Model fair value · 21 sold comps within ½ mi · ±14%$1,117,225
vs model fair value · size · beds/baths · age · HOA · location−20%
Condition · Avg / verify in person0
Price history · at/near its all-time high+3%
📐 How this Deal Score was built64Fair price
Value gap · asking vs model fair value, after condition & price history+20.4
HOA burden · $1,390/mo = 1.86%/yr of price vs a 1.29% norm−4.6
Days on market · 24 days — not long enough to give you leverage0
Raw advantage · the three above, combined+15.8
Model confidence · moderate — ±14% typical model error, 21 sold comps within half a mile. The less certain the model, the harder the gap is pulled back toward neutral×0.8
Deal Score64/100

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

$7,260/mo all-in
20% down at 7.18% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$4,850
Property tax (1.30% effective)$970
Insurance (estimate)$50
HOA dues$1,390
Total monthly$7,260
Rough cash to close$201,375

33% of that payment is not the mortgage. The HOA fee alone is $83,400 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $5,870.

Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($44,750). 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 ($1,390 in 2026), not enough for a trend yet. The listing shows $1,390/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
  • 20% below model fair value
  • Upper floor (fl 5)
  • In-unit W/D
  • Garage parking
⚠️ Cons
  • HOA $1390/mo
  • Older building (1920)
  • Photos look dim — verify light in person
🚩 Red flags
  • Very high HOA $1390/mo (full-service high-rise)

Photos

Price history (this unit)

Trough $502,000 Apr 22, 2003Now $895,000Peak $895,000 Oct 15, 2026
Current list price is 0% below its peak · +78% above its trough.
  • Oct 15, 2026 — Listed $895,000
  • Nov 10, 2014 — Sold (MLS) $895,000
  • Nov 10, 2014 — Sold (Public Records) $895,000
  • Sep 25, 2014 — Listed $895,000
  • Feb 8, 2008 — Sold (MLS) $780,000
  • Feb 8, 2008 — Sold (Public Records) $780,000

Description

Spacious loft living in San Francisco's historic Don Lee Cadillac Building. This approximately 1,204-square-foot, configured with one-bedroom at The Marquee Lofts pairs soaring ceilings and exposed concrete columns with expansive west-facing windows that fill the home with afternoon light. The open living and dining area offers generous space for entertaining, working from home, or simply relaxing. An updated kitchen features quartz countertops, stainless steel appliances, and a French-door refrigerator. The bedroom retreat includes a walk-in closet, while the split bathroom configuration provides flexibility and convenience. In-unit laundry and substantial storage, including bonus spaces…

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