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    AI-Generated Neighborhood Summary

    2356 Sutter St is located in the Lower Pacific Heights neighborhood of San Francisco, CA. This area is known for its vibrant culture and beautiful Victorian architecture. The crime rate in Lower Pacific Heights is generally lower compared to other urban areas in San Francisco, though like any city neighborhood, it is wise to be aware and take standard precautions. The San Francisco Unified School District serves this area, with several highly-rated schools nearby. You’ll find accessible amenities such as parks, grocery stores, and a variety of restaurants. Nearby parks include Alta Plaza Park and Lafayette Park, providing green spaces for recreation.

    In terms of education, there are several private and public schools in the vicinity, including the prestigious University of San Francisco. For shopping and entertainment, the area is close to the Fillmore District, which features a variety of shops, cafes, and music venues. The Japantown area, with its unique shops and cultural festivals, is also nearby. Tourist attractions in San Francisco, such as Golden Gate Park and Fisherman’s Wharf, are easily reachable from this location. Grocery stores like Whole Foods and Safeway are conveniently located as well.

    The average household income in Lower Pacific Heights is relatively high compared to other parts of San Francisco, reflecting the area's desirability and cost of living. Nearby neighborhoods such as Pacific Heights and Nob Hill also boast higher-than-average incomes. The area benefits from San Francisco’s overall robust job market, particularly in tech and finance sectors, which have shown significant growth over the years. Lower Pacific Heights offers a balance of residential charm with urban access, making it a sought-after location for both living and working in San Francisco.

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    StreetView
    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Nestled in a vibrant part of the city, this neighborhood offers a unique blend of economic resilience and cultural homogeneity, characterized predominantly by its higher-than-average median home price of $1,230,900. While this figure sits significantly above the national median, it reflects the area’s desirability and the premium placed on housing here. The median household income of $163,286 substantially surpasses the national average, suggesting a population of affluent residents who contribute to and benefit from the local economy. Despite this financial affluence, the neighborhood maintains a poverty rate of 7%, which is relatively low, indicating a stable economic environment. The unemployment rate stands at an impressive 1%, far below the national average, painting a picture of robust employment opportunities and financial security.

    The community is predominantly white, with a presence of non-US citizens accounting for 9%, adding a touch of diversity. With 54% of the residents holding college degrees, the area is home to a well-educated populace that values lifelong learning and career development. The crime index remains unavailable, but given the high-income levels and low unemployment, the area likely enjoys a sense of safety and security, though potential buyers should inquire for specific data. Housing dynamics reveal a preference for renting, with 60% of residents opting for rental properties, compared to 34% who own their homes. This is a stark contrast to national trends, suggesting a transient or investment-driven community profile. However, the vacancy rate of 6% indicates a relatively balanced market, minimizing concerns over potential overbuilding or underutilization of homes.

    Married-couple families comprise a modest 16% of households, hinting at a diverse range of family structures or single-resident living situations. Interestingly, 32% of owners live without mortgages, revealing a substantial segment of financially secure long-term residents. Yet, for those with mortgages, 57% allocate at least 30% of their income to housing costs, indicating a burden that might lead prospective buyers to seek alternative neighborhoods if budget constraints are a concern. However, with the median contract rent at $2,448, renters enjoy a relatively affordable option compared to purchasing, especially as data on rent burden remains unavailable.

    For those seeking similar home prices but potentially more favorable demographics, exploring nearby neighborhoods may be advantageous. Areas with comparable median home prices yet offering wider housing diversity, lower mortgage burdens, and a different cultural mix could present compelling options. As always, engaging with local real estate experts will provide deeper insights tailored to individual preferences and financial situations, ensuring informed decision-making for homebuyers and investors alike.

    Median Home Price

    $1,230,900

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $163,286
    Nat'l Avg: $69,021

    Percent Under Poverty

    7%
    Nat'l Avg: 12%

    Median Contract Rent

    $2,448
    Nat'l Avg: $988

    Owners vs Renters

    34% / 60%
    Nat'l Avg: 57% / 31%

    Vacant Housing Units

    6%
    Nat'l Avg: 11%

    Unemployment Rate

    1%
    Nat'l Avg: 3%

    College Degree

    54%
    Nat'l Avg: 21%

    Dominant Race

    White
    Nat'l Avg: 68%

    Married-Couple Families

    16%
    Nat'l Avg: 48%

    Owners Without Morgages

    32%
    Nat'l Avg: 38%

    Mortgage ≥ 30% Income

    57%
    Nat'l Avg: 27%

    Rent ≥ 30% Income

    N/A
    Nat'l Avg: 46%

    Non-US Citizens

    9%
    Nat'l Avg: 7%
    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Lafayette Park

    park

    UCSF Medical Center

    hospital

    Trader Joe’s

    grocery store

    Roam Artisan Burgers

    restaurant

    24 Hour Fitness

    gym

    San Francisco International Airport

    airport

    Rosa Parks Elementary School

    school

    Painted Ladies

    main attraction

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    2356 Sutter Street, built in 1949, is a nine-story medical-dental office building with 55,300 square feet and 120 rooms.
    Located in Lower Pacific Heights, the area boasts a Walk Score of 98, indicating daily errands do not require a car.
    The median home value in San Francisco is projected to increase by 3.55% over the next year, reaching approximately $1,528,146.
    San Francisco's industrial market has seen a 0.3% rent decrease over the past year, with vacancies rising to 12.5%. These insights highlight the property's characteristics, neighborhood walkability, anticipated property value appreciation, and current industrial market trends.

    Custom Narratives

    The median home price in the area is $1.2 million, reflecting a 5% increase over the past year.
    The neighborhood has experienced a 10% growth in tech industry employment, boosting housing demand.
    The community is known for its diverse cultural events and strong local businesses, enhancing its appeal.
    Future developments include a new public park and improved transit options, likely increasing property values. These insights provide a comprehensive overview of the current market trends and community attributes for 2356 Sutter St, San Francisco, CA 94115.

    Green Flags

    Proximity to vibrant dining scene
    Access to public transportation
    Close to parks and green spaces
    Diverse cultural attractions nearby

    Red Flags

    High cost of living
    Limited parking space
    Noise from nearby attractions
    Frequent traffic congestion
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

    Flood zone information is not available for this property at this time.

    Historical Flooding

    Historical flood damage records are not available for this property.

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