San Francisco has much to offer when it comes to condo living. From minimalist dwelling units to opulent penthouse suites, the Golden City has something for everyone.
What is a Condo?
A condominium, or condo for short, is a piece of property that has been subdivided into several dwelling units that are individually owned. These units typically have shared walls, but this isn’t always the case.
Condos also come with shared areas such as rooftop gardens, swimming pools, gyms, and meeting rooms. Unit owners pay a monthly fee that goes toward the upkeep of these shared areas.
Condos are an excellent choice for single professionals, retirees, empty nesters, and small families.
One of the main advantages of condo ownership is that the unit can be rented out to tenants. This is where a leasing agency comes in. A leasing agency offers tenant placement services, making the process of finding a qualified tenant quick and stress-free.
Condos in San Francisco
Condos in SF are a notch higher than your regular living quarters because of their cutting-edge design, high-end amenities, sustainability features, and advanced security and safety systems.
SF has its fair share of high-end condo developments that give the high-rises of Miami and New York City a run for their money.
These developments include:
- 181 Fremont Residences (SoMa)
- The Harrison (SoMa)
- The Pacific (Pacific Heights)
- The Brannan (South Beach)
- Millennium Tower (Yerba Buena)
- LuXe (Pacific Heights)
- Infinity Towers (South Beach)
- One Rincon (South Beach)
- The Summit (Russian Hill)
- Royal Towers (Russian Hill)
Condos are in high demand in SF because of limited inventory. Despite the recent spike in new construction, future inventory will still be constrained and will remain below its historical peak in 2007.
Tech money continues to fuel SF’s property market, with major companies like Twitter, Uber, Salesforce, and Square funneling billions into the economy and driving up home prices in areas like SoMa and Mission District.
Rising prices have also led to increased development in formerly neglected areas like the up-and-coming neighborhood of Bayview-Hunters Point.
SoMa Condos for Rent
SoMa, short for South of Market, encompasses the areas of South Beach and Mission Bay. One of SF’s most desirable neighborhoods, it is filled with warehouses, loft-style apartments, bars, restaurants, boutiques, and tech companies.
It is home to some of the city’s finest condo buildings, namely 181 Fremont Residences, The Harrison, The Paramount, and The SoMa Grand, to name a few.
Here you’ll find sleek residential units in studio, 1-, 2-, and 3-bedroom layouts. The largest of these units can exceed 6,000 square feet, with 5 bedrooms, a sleeping den, and 6 bathrooms.
Some of the perks that come with living in these condos are concierge services, twice-monthly cleaning services, wine tasting parties, and round-the-clock security and surveillance.
Amenities include sky lounges, landscaped gardens, heated pools, fire pits, and community rooms with full-sized kitchens and media centers.
While single-family homes are the main choice for growing families, amenity-rich condos have an increasing appeal to SF residents who appreciate the luxury and convenience that come with condo living.
Ray Amouzandeh specializes in condos and homes for rent in San Francisco. Landlords in search of tenant placement services can call him at (415)494-7009 or send an email to SFHomez(at)gmail(dotted)com.