Posting Date

** Updated 10/11/2022 – Application period started on July 29, 2022 at 8:00 AM PST and remains open as first come first served. **

Initial Posting Date on DAHLIA: April 27, 2022

Initial First Come First Served Posting Date: July 22, 2022

Program

Live/Work Affordable Ownership Program

Type of Unit

Condominium

Artist Live/Work Unit

At least a member of the household member must hold a valid and active San Francisco Business License to authorize art activities at the time of application, and will principally use a portion of the unit for arts activities as required under the Project Use Restrictions.

Arts Activities are defined in San Francisco Planning Code Section 102.2, and attached as Exhibit B of the Grant and Regulatory Agreement.  

Building Name

The Goodman II Building

Unit Address (including city/state/zip code)

1695 18^th Street Unit 307

San Francisco, CA

Maximum Asking Price

$266,631

Neighborhood

Potrero Hill

Supervisory District

7

Number of Bedrooms

1 Bedroom Loft

Number of Bathrooms

1

Square Footage

636

Floor Number

2

Year Built

1996

Appliances Included in the Sale of the Unit  

Refrigerator, Stove/oven, microwave, Garbage Disposal, Ceiling Fan

Building Amenities

Backyard common green space, indoor atrium art gallery, laundry room, elevator, automatic garage door, theater that sometimes offers discounts or free seating to building residents. Also, because it is an artists’ building, you can use the wall space outside your unit immediately around your door to display as you wish.

Parking Space Count

One (1) Parking Space

Smoking Policy

No use is allowed which creates conditions that are hazardous, noxious, or offensive through the emission of odor, fumes, smoke, cinders, dust, gas, vibrations, glare, refuse, water carried waste, or excessive noise, or which in any manner, increases the rate of insurance for the development, causes an insurance policy to be cancelled, causes a refusal to renew an insurance policy, or impairs the structural integrity of any building. Please see the CC&R for the complete smoking policy.

Pet Policy

No animals, reptiles, rodents, birds, fish, livestock, or poultry shall be kept in any unit or elsewhere within the development, except that with the Board’s prior written approval, fish, one (1) domestic dog or cat, or at maximum two (2) birds inside a bird cage may be kept as household pets within any unit, if they are not kept, bred or raised for commercial purposes.  Please see the CC&R for the complete pet policy.

Monthly HOA Dues

$519

What the HOA Dues Cover

Common space maintenance, Landscaping, Trash, Water, Outside Management

Covenants, Conditions & Restrictions (“CC&R’s”) for the building

To review the Covenants, Conditions & Restrictions for this building, please click here.

Income Level of Applicants

Applicants must make no more than the following amounts per household:

80% of Maximum Income by Household Size derived from the Unadjusted Area Median Income (AMI) for HUD Metro Fair Market Rent Area (HMFA) that contains San Francisco 2022

(Households must be at least as many people as bedrooms in the unit. Please visit https://sfmohcd.org/ami-levels-homeownership for larger households.)

Note: MOHCD will use the income limit from the most recent year’s AMI chart to qualify an applicant.

Other Qualification Notes

All titleholders/borrowers must complete first-time homebuyer education through one of the City’s 5 approved first-time homebuyer counseling agencies and obtain a Verification of Homebuyer Education Completion form in order to apply. Please visit https://homeownershipsf.org/homebuyers for a schedule of upcoming program orientations and workshops. 

All titleholders/borrowers must obtain a loan pre-approval from one of the approved participating lenders listed at https://sfmohcd.org/lender-list to apply.

A copy of the First Mortgage Pre-Approval and Verification of Homebuyer Education must be included with the BMR Lottery Application.

Applicants with financial needs are encouraged to apply for down payment assistance. All MOHCD-Approved Lenders should explore down payment and grant options with BMR buyers. Households must be as many people (or more) as number of bedrooms in the unit to apply. 

Contact Person  (Realtor/Sales Agent)

Stephanie Okabe Mates

License # 01953347

Company Name and Address (including city/state/zip code)

Sequoia Real Estate

3595 Balboa Street

San Francisco, CA 94121

Office Hours (including any special message)

Monday to Friday, 10:00 am to 5:00 pm

Please call, email, or text to schedule an appointment.

Phone

(415) 570-9176

Email

stephanie@sequoia-re.com

Website

www.sequoia-re.com

How to obtain an application:

Contact the Listing Agent, Stephanie Okabe Mates, or download from MOHCD’s website by clicking here.

Applications:

First Come, First Served

Application period started on July 29, 2022 at 8:00 AM PST and remains open as first come first served.

How to Submit a First Come, First Served Application

Submit a complete electronic application package via this secure link, 1695 18^th St Unit 307.

Instructions:

1. Create or log into your account with Box.
2. Compile the application form and all required documents into one PDF file, and name the PDF file “1695 18^th St #307 – Last Name, First Name” (Example, 123 Sample Street Unit A – Smith, John).

Changes to the application process due to COVID‐19. We are not accepting paper applications for now. If you need help to submit an application electronically, you can contact a housing counselor.  For a list of housing counselors, click here.

Lottery Date, Time and Location

** Application period started on July 29, 2022 at 8:00 AM PST and remains open as first come first served. **

To view the lottery results, click here.

To view the Dahlia listing, click here.

Open Houses

Individual viewings may be available by appointment only.  Please contact the Listing Agent, Stephanie Okabe Mates, for assistance.

Virtual Tour

To view the virtual tour, please click on this link.

Important Program Rules

All potential buyers must review the 2018 Inclusionary Affordable Housing Program Monitoring and Procedures Manual and the Goodman II Grant and Regulatory Agreement that governs this property. Buyers will sign an acknowledgement that they have read and understood this document when purchasing a BMR unit.

Resale Price Restrictions

When you sell a BMR unit, it will be resold at a restricted price that is affordable to the next qualified household. The household you sell to must meet the first‐time homebuyer, income and other qualifications for the program. Please review the 2018 Inclusionary Affordable Housing Program Monitoring and Procedures Manual and the Goodman II Grant and Regulatory Agreement for specific information.