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Stealpad › San Francisco, CA › Marina › 2701 Van Ness Ave #301
2701 Van Ness Ave #301 — 1 bd condo for sale in Marina, San Francisco
60Fair price

2701 Van Ness Ave #301

Marina, San Francisco, CA · 94109
$940,000 ~at market (-9%)
1 bd · 1 ba · 953 sqft · $986/sf
HOA $978/mo · 🏢 fee history ↓ · Floor 3 · 10 days on market · built 1929
⚠️ HOA trap
⚖️ Adjusted valueFairly pricedasking is 9% under fair value
Model fair value · 11 sold comps within ½ mi · ±14%$1,067,924
vs model fair value · size · beds/baths · age · HOA · location−12%
Condition · Avg / verify in person0
Price history · at/near its all-time high+3%
📐 How this Deal Score was built60Fair price
Value gap · asking vs model fair value, after condition & price history+10.8
HOA burden · $978/mo = 1.25%/yr of price vs a 1.29% norm — at or below normal, no charge0
Days on market · 10 days — not long enough to give you leverage0
Raw advantage · the three above, combined+10.8
Model confidence · moderate — ±14% typical model error, 11 sold comps within half a mile. The less certain the model, the harder the gap is pulled back toward neutral×0.8
Deal Score60/100

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

$7,141/mo all-in
20% down at 7.18% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$5,094
Property tax (1.30% effective)$1,018
Insurance (estimate)$50
HOA dues$978
Total monthly$7,141
Rough cash to close$211,500

29% of that payment is not the mortgage. The HOA fee alone is $58,680 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $6,163.

Financing type

FHA approval has expired on this project. An FHA buyer cannot use it today, and the fact that it once qualified and then stopped is worth asking the board about. Plan on a conventional loan — 5% down at the very least.

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

2 recorded points

Reconstructed from 5 units of recorded sales at 2701 Van Ness Ave — every recorded sale carries its HOA fee and date. No listing site shows this.

$6192023$9872026
$987/mo · 2026
+59% since 2023

We have a few recorded HOA fees for this building but not yet enough to call a reliable trend, so these are the raw points — no rate implied. Its documents fill in the reserve health and assessment risk.

🏢 Get this building's full reserve & assessment report — free →
✅ Positives
  • 12% below model fair value
  • Upper floor (fl 3)
  • Low HOA (1.2%/yr)
⚠️ Cons
  • HOA $978/mo
  • Older building (1929)
🚩 Red flags
  • HOA rising ~17%/yr in this building ($619/mo in 2023 → $987)
  • Back on market — this unit was off the market and was relisted Oct 29

Photos

Price history (this unit)

Trough $255,000 Aug 14, 1997Now $940,000Peak $940,000 Oct 29, 2026
Current list price is 0% below its peak · +269% above its trough.
  • Oct 29, 2026 — Listed $940,000
  • Oct 26, 2023 — Sold (MLS) $849,000
  • Oct 26, 2023 — Sold (Public Records) $849,000
  • Sep 22, 2023 — Listed $849,000
  • Oct 31, 2001 — Sold (MLS) $400,000
  • Sep 5, 2001 — Listed $399,000

Description

Architecturally Stunning Marina Chateau. Located in desirable Cow Hollow. This fairytale Mediterranean Medieval Revival entreats you. Dramatic and grand lobby. Spacious 1 BD/1 BA Condominium w Formal Dining and Living Rooms. HDWD floors throughout living areas. Bright eastern outlooks. Updated kitchen with modern appliances and custom shelving. European bath with original vintage tile. Curved arches and retained period detail throughout. Tremendous closets. Breathtaking, Panoramic, Bay view roof deck, 1 car parking, and deeded storage.

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