2500 Steiner St #9
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
21% of that payment is not the mortgage. The HOA fee alone is $399,600 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $106,008.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($800,000). 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 ($6,660 in 2026), not enough for a trend yet. The listing shows $6,660/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
- In-unit W/D
- Garage parking
- Low HOA (0.5%/yr)
⚠️ Cons
- 400% above model fair value
- HOA $6660/mo
- Older building (1927)
🚩 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 $6660/mo (full-service high-rise)
Photos
Price history (this unit)
- Aug 31, 2026 — Listed $16,000,000
Description
At the intersection of art, intention, and inspiration there is a small community of San Franciscans that have made their home in one of the City's most coveted and celebrated co-op buildings. That twelve-story masterpiece is not only one of the City's most sought after addresses, it is an icon of form and function. Designed in a distinctly San Francisco Mediterranean Gothic Revival Style by famed architect Conrad Meussdorffer, the 1927 high-rise is located at the crest of a Pacific Heights hill, just beyond the northeast corner of Alta Plaza Park, and just one flat block away from the finest cafes, shops, and restaurants on Fillmore Street. So many of San Francisco's other iconic mid-rise…