1740 Bancroft Ave #251
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
31% of that payment is not the mortgage. The HOA fee alone is $43,680 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,589.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($26,723). 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
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($728 in 2026), not enough for a trend yet. The listing shows $728/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
- Cheapest of 12 tracked in Sf District 10
- 53% below model fair value
- On market 65 days → some leverage
- In-unit W/D
⚠️ Cons
- HOA $728/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)
- Aug 7, 2026 — Listed $534,457
Description
Welcome to this exceptional 4-bedroom, 2.5-bathroom townhome located in San Francisco's sunny Bayview neighborhood. Offering approximately 1,520 square feet of thoughtfully designed living space, this spacious residence provides the perfect combination of comfort, functionality, and modern convenience. Located on the top floor, and on the corner of the building, this unit has maximum privacy. The main level features a bright living and dining area with abundant natural light, creating an inviting space for everyday living and entertaining. The well-appointed kitchen offers modern cabinetry, breakfast nook, quality appliances, and ample workspace, making meal preparation both practical and…