60 Rausch St #407
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 $47,760 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $7,171.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($54,750). 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 2026-11-05 — 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 pointsReconstructed from 5 units of recorded sales at 60 Rausch St — every recorded sale carries its HOA fee and date. No listing site shows this.
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
- Upper floor (fl 4)
- Garage parking
- Low HOA (0.9%/yr)
⚠️ Cons
- HOA $796/mo
🚩 Red flags
- Back on market — this unit was off the market and was relisted Nov 5
- Live/work loft — workspace-heavy sqft and a thinner buyer pool inflate the apparent discount vs regular condo comps
Photos
Price history (this unit)
- Nov 26, 2013 — Sold (MLS) $820,000
- Oct 24, 2013 — Listed $799,000
- Feb 5, 2011 — Sold (MLS) $629,000
- Feb 4, 2011 — Sold (Public Records) $629,000
- Jan 12, 2011 — Listed $629,000
- Nov 23, 2007 — Sold (MLS) $789,000
Description
This great unit is now vacant!! Stunning Top-Floor Live/Work Loft with impressive City Views. Perched atop the historic Mullen Building, this rare top-floor loft offers sweeping views of downtown San Francisco and East Bay. Designed by renowned architect George Hauser, the residence is bathed in natural light, featuring multiple skylights, soaring vaulted ceilings, and uniquely the building's only wood fireplace (decorative only now - has been permanently disabled). The open floor plan and radiant heated floors create an inviting space for living, working, and entertaining. Step onto the balcony for amazing downtown views. The modern galley kitchen seamlessly integrates into the living…