Price Cuts For Mid-Market Luxury Studio Condos

Apr 14, 2022

Starting at under $500,000, the 24 studio condominiums at Le Centre in South of Market / Mid-Market were among the lowest priced new construction homes in San Francisco when the development launched sales several months ago. And now, these budget-friendly residences are even more compelling thanks to $20,000 price reductions.

42 Otis Street #407: Now listed at $479,000

42 Otis Street #302: Now listed at $510,000

According to cooperating broker Vanguard Properties which has the listings, qualified buyers can purchase with as little as $25,000 cash to close!

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

Source: lecentresf.com

What the units at Le Centre may lack in size (they are studios, after all), they make up for in sleek modern stylings and high-end appointments. Each home features high-gloss white Studio Becker cabinetry, quartz slab countertops, stainless Bertazzoni appliances, integrated cabinet-front refrigerator and dishwasher, washer/dryer hookups, designer tile, wide-plank white oak flooring, oversized windows, and air conditioning.

Building amenities include secure lobby, Amazon package locker system, bicycle storage room, and a rooftop deck equipped with lounge and dining areas.

Floor plan rendering for 42 Otis Street #302, representative of most unit layouts at Le Centre which range from approximately 325 to 350 square feet. All listings photos on this page courtesy of SFAR MLS.

Tech-forward home buyers who wish to maximize the utility of their space can take advantage of Le Centre‘s partnership with Bumblebee Spaces. Beds, nightstands, desks and additional storage can all be stored on the ceiling and accessed via app when needed. The cost to install a module starts at around $10,000.

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 our clients. So, go ahead. Drop us a line. You’ll be glad you did > 415.715.9205 / newhomes@vulcca.com

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