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SoMa
Formerly called “South of the Slot” in reference to the cable cars that ran up and down Market Street, South of Market is a patchwork of warehouses, nightlife, art spaces, high-rise condo and apartment buildings, and technology companies.
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Attributes
Home to dozens of tech startups and multimedia companies, SoMa has a young, edgy vibe. Once an industrial area primarily zoned for commercial use, many of SoMa’s former warehouses andxa office spaces have been converted into luxury lofts, live-work spaces and apartments.
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What To Expect
SoMa appeals to young professionals who enjoy the neighborhood’s vibe and its convenient proximity to downtown. On SoMa’s smaller side streets, such as Minna, there are a number of Victorian flats and modern condos. SoMa is right next door to San Francisco’s downtown, and several major public transit routes pass directly through.
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Lifestyle
During lunch hours, many SoMa tech workers grab a take out lunch and find a sunny spot on the grass at Yerba Buena Gardens. Some of the city’s best museums, such as the San Francisco Museum of Modern Art and Yerba Buena Center for the Arts, are close by.
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The Market
Home to SF’s biggest development boom since the Gold Rush, SoMa will soon see massive new office, housing, and transit projects. Rincon Hill is home to huge new skyscrapers, including the Transbay Terminal, which will include a Caltrain connection. City plans for central and western SoMa will place another generation of offices and housing alongside the existing live-work lofts, warehouses, small factories, and art and entertainment venues.
SoMa
Neighborhood Stats
- Active Listings*: 51
- Sold Listings*: 121
- Median Sales Price*: $1,050,999
- Average Days On Market*: 35
- Sales To List Price*: 103%
Properties
765 Market Street #22E
$1,800,000
220 9th Street
$14,800,000