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Under $700K Club: NoPa Mini Condo Asks $699,000

Bottom floor of renovated 1900 Victorian

Time again for the Under $700K Club, the inflation-adjusted version of our old Under $500K club. Here we showcase the few and the proud San Francisco homes that, even in this this time of seven-figure median home prices, have the courage to sell at a mere $700,000 or less (or at least open that low).

Today’s under-seven selection is 913 Central Avenue, a two bed, one bath condo in a NoPa Victorian that’s being offered at $699,000. It’s one of three units in a house that dates to at least 1900 but may well be older, and this 515-square-foot bottom floor pad last sold in 2012 for $551,000.

Yes, you did the math right: The price comes out to a shocking $1,357/square foot. But the average condo price in the city is $1.1 million as Zillow reckons it, so buyers will have to decide for themselves what’s more important: saving money, or getting the most value per your dollar. We’re grateful anyone is dipping to this price point, regardless of how they get there.

(Note: The realtors estimate that the unit is actually 551 feet. City records say 515, but are often out of date.)

Besides, the little place is awfully quaint, with the frosted glass doors, farmhouse sink, and Heath Ceramics tiles granting it a homey quality. The unit just finished a remodel so sweeping that the present owners almost didn't recognize it. "They were asking, 'Can we come see it?'" says selling agent Jonathan McNarry. "I reminded them: It's your house, you don't have to ask."

Perhaps ironically, the deed comes with a yard that’s almost as big as the condo itself: 500 square feet. Note that the black lab with the soulful eyes in the photos doesn’t come with the house. (He’d easily push the price up another $100K on his own.)