425 1st St #2005
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
34% of that payment is not the mortgage. The HOA fee alone is $91,620 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $5,977.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($44,750). 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 ($1,557 in 2026), not enough for a trend yet. The listing shows $1,527/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
- Upper floor (fl 20)
- Garage parking
- Newer build (2008)
⚠️ Cons
- 26% above model fair value
- HOA $1527/mo
- Photos look dim — verify light in person
🚩 Red flags
- Very high HOA $1527/mo (full-service high-rise)
Photos
Price history (this unit)
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Description
Welcome home to Residence 2005. Enjoy unobstructed views from every room of San Francisco's Twin Peaks, Oracle Stadium, and city lights through floor to ceiling windows. This highly upgraded unit features Italian cabinetry in the open kitchen and luxurious bathroom, designer paint, LED lighting fixtures, built out closet systems, black out shades in the bedroom and Nest-controlled heating & air conditioning. One Rincon Hill is a world-class building with a proven track record of spoiling residents with 5-star hotel-quality amenities including 24/7 full-sized vehicle valet parking for each unit, a grand porte-cochere, concierge, package & dry cleaning attendant, a heated lap pool, two…