3310 Mission Street #7 is listed for sale at $1,259,000. It’s an eye-catching buy that won’t last!
To recap, sales at this 8-unit boutique building began way back in Spring 2022. Only three homes — including the most and least expensive — landed buyers in the first 12 months despite a round of six-figure price revisions. Remaining homes were subsequently withdrawn from the market and then reintroduced with a competing broker and more reductions (even with parking now priced in, previously valued at $30,000 to $60,000). The most recent closed sale reported last month was five percent below asking, and the developer conceded an additional $15,000 credit to the buyer at closing.
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Five townhome-style condominiums, 3310 Mission Street #7 among them, occupy the uppermost two floors above three single-level units. Each home is highlighted by an open-concept layout equipped with white oak flooring, Leicht European custom cabinetry, Miele kitchen appliances, marble countertops and bath surrounds, built-in closet organization, Ecosmart fireplace, video intercom entry, and individual alarm system. Private outdoor space is a standard feature from which this final townhome offering enjoys 360 degrees of landmark-studded vistas.
While it is officially located within the boundary of Bernal Heights, 3310 Mission Street is truly at a nexus of neighborhoods. Along Mission Street, northward into Inner Mission and the Calle 24 Latino Cultural District, a bustling lineup of retail, services, restaurants, and nightlife caters to locals. Three blocks to the west, the Church Street corridor in Upper Noe Valley presents a cluster of quiet cafes, international eats, and small businesses. Bernal Heights brings its own unique vibe as well to amenities on Cortland Avenue, and recreational activity in 26+ acre Bernal Heights Park.
There is no time like the present to make a move on 3310 Mission Street #7, or any other well-positioned property. Hot on the heals of multiple week-over-week benchmark mortgage interest rate declines, San Francisco’s spring market is off to an early start. Open house traffic is increasing, buyer competition is rising, and far too few homes are expected to be listed for sale in the months ahead. In fact, there is approximately 12 percent fewer Active listings now than one year ago. As for new construction, barely more than 100 units will be completed in 2024.
