Le Centre: New Studio Condos Join SF’s Under $500K Club

It’s a red letter day when any home in San Francisco is listed for under $500,000, let alone transparently-priced brand new construction. But the studio condominiums now selling at Le Centre (located at 42 Otis Street) in South of Market are just that, and the location isn’t too shabby either!

These units are efficient, of course, ranging from approximately 325 to 350 square feet. That said, they pack a punch with high-end finishes and the sales team has gone a step further to partner with San Francisco-based Bumblebee Spaces offering home buyers a fast track to outfitting their new multifunctional living spaces. Studio Becker kitchen cabinetry with built-in workspace, Bertazzoni appliances, all-in-one washer/dryer, wide-plank flooring, and air conditioning come standard in each of the 24 residences. Why not kick it up a notch with a bed that retracts into the ceiling with the push of a button?

42 Otis Street is marketed and exclusively listed by cooperating broker Vanguard Properties. Images below courtesy of lecentresf.com.

Convenience is major. Within a flat quarter mile from Le Centre’s lobby is local favorite Zuni Cafe; an plethora of international eateries including Indian, Japanese, Italian, Brazilian and Mexican; Equinox Van Mission; public transit on Market Street, Mission Street and Van Ness Avenue; public storage facilities; and so much more. Mid-Market, Mission Dolores, Hayes Valley and Civic Center are all nearby. You could say Le Centre is at the center of it all. Really.

The Hub — as this corner of the city is called — is a hotbed of new developments. The Oak is now selling new condominiums. Chorus is now renting luxury apartments. 30 Van Ness is rising. One Oak will break ground shortly. Redevelopment of 10 South Van Ness is proposed. Redevelopment of 1601 Mission Street is proposed. Together, these amount to more than 2,000 housing and commercial units that promise to transform the area into a vibrant, high-density, transit-oriented neighborhood.

Below, Le Centre is depicted in the foreground at bottom left, one the numerous new and proposed developments in The Hub whose massings are represented here shaded grey. For context, the intersection shown is Otis Street/Mission Street/Van Ness Avenue, looking to the northeast. The highrise at center and adjacent structure with rooftop pool is Chorus. Rendering courtesy of Gould Evans, image by Steelblue.

What’s more exciting? Qualified buyers can purchase a home at Le Centre with as little as $25,000 cash to close, according to listing broker Vanguard Properties. That’s $25,000 out the door. Full stop.

If you’d like to get in while the getting is good, contact us today. VULCCA agents know new construction and leverage exclusive buyer representation to negotiate hard on behalf of our clients. So, go ahead. Drop us a line. You’ll be glad you did > 415.715.9205 / newhomes@vulcca.com