1901 California St #4
This unit is asking far less than comparable sales — and its own listing says why: what is for sale is a co-op share or TIC interest, not a condominium, while every sold comp behind the number is a fee-simple condo. A gap that size is the ownership form, not equity you would own, so we do not publish a market score for it. Read the share-loan terms and the bylaws before treating any part of the discount as a bargain.
💵What this unit actually costs per month
33% of that payment is not the mortgage. The HOA fee alone is $126,540 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $8,646.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($64,900). 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 ($2,109 in 2026), not enough for a trend yet. The listing shows $2,109/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
- Best $/sf of 12 tracked in Sf District 7
- 31% below model fair value
- In-unit W/D
- Garage parking
⚠️ Cons
- HOA $2109/mo
- Older building (1919)
- Ground floor
🚩 Red flags
- Co-op / TIC, not a condo — you buy shares or a fractional interest, not the unit itself. Financing is harder and dearer, a board can vet or refuse you, resale may be price-capped, and the buyer pool is thin. Every comp behind the numbers below is a condominium, so treat the gap as an ownership-form discount until you have read the share loan terms and the bylaws.
- Very high HOA $2109/mo (full-service high-rise)
Photos
Price history (this unit)
- Sep 28, 2026 — Listed $1,298,000
- Mar 14, 1997 — Sold (MLS) $495,000
- Nov 28, 1996 — Listed $525,000
Description
Set within a highly regarded boutique 12-unit stock cooperative where residences are rarely offered for sale, 1901 California Street #4 combines generous scale, gracious proportions, historic period character, and everyday livability in the heart of Pacific Heights. Offering 2,000+ square feet, this three-bedroom, two-bath residence features 10-foot ceilings, abundant natural light, spacious formal rooms, fresh interior paint, and newly refinished hardwood floors, providing a beautifully refreshed foundation while offering opportunities for thoughtful enhancements over time. A large, welcoming foyer opens to a spacious living room with large windows, built-ins, and generous proportions…