388 Townsend St #10
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
26% of that payment is not the mortgage. The HOA fee alone is $34,980 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $5,181.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($39,450). 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 ($583 in 2026), not enough for a trend yet. The listing shows $583/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 (0.9%/yr)
⚠️ Cons
- HOA $583/mo
- Ground floor
🚩 Red flags
Photos
Price history (this unit)
- Nov 6, 2026 — Listed $769,000
- Jan 4, 2005 — Sold (Public Records) $595,000
- Oct 15, 1999 — Sold (MLS) $365,000
- Oct 15, 1999 — Sold (MLS) $365,000
- Oct 11, 1999 — Listed $365,000
- Sep 14, 1999 — Listed $365,000
Description
Come home to a private retreat at the crossroads of SOMA and Mission Bay. Set in a boutique building, this expansive loft offers distinct spaces for gathering and unwinding, with a versatile layout that adapts to your daily routine. Welcome into the spacious living and dining area, with dramatic soaring ceilings and a gas fireplace gives the space an intimate feel. The refreshed kitchen with stainless steel countertops and appliances connects naturally with the living space, keeping conversation flowing whether you're preparing a casual dinner or hosting a weekend gathering. The upper-level bedroom creates a sense of retreat, with separation from the activity below. This division between…