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2051 Scott, the 1915 Edwardian near California Street: two one-bedrooms closed this year at $1,196 a foot, 13 percent over the building's 2024 pair
Every 2026 closing at 2051 Scott, the 14-unit 1915 Edwardian in Lower Pacific Heights, against the record since 2002
Two closings at 2051 Scott Street through October 15, in a 14-unit building with no 2025 sale; $2.0 million of volume. Median sale $975,000; median $1,196 a square foot, against $1,055 on the two 2024 sales, the only other year in the record. #403, 871 square feet, closed at $1,035,000 after 15 days; #303, 760 square feet, at $915,000 after nine.
2051 Scott's record on this site is two pairs of sales, two years apart, and the second pair is 13 percent dearer per foot. Two condominiums closed between January 1 and October 15, 2026, on $1,950,000 of volume; nothing closed in 2025, and two units closed in 2024 at a median of $797,500. The median sale is $975,000 and the median price per square foot is $1,196, against $1,055 in 2024.
#403, an 871-square-foot one-bedroom, closed at $1,035,000 on March 25 after 15 days, $1,188 a foot. #303, a 760-square-foot one-bedroom with bay windows, built-ins, a shared garden and rotational garage parking, closed at $915,000 on May 6 after nine days, $1,204 a foot; its dues run $500 a month (MLSListings; Homefront, #403). The median listed sale took 12 days to contract, and one of two went inside two weeks. No unit that closed in 2026 has a prior recorded sale on this site, so there is no paired-resale table.
The building dates from 1915, an Edwardian of 14 units on four floors; the building record on this site lists seven (Redfin street index).
2026 so far, against the same window in 2025
Closings at 2051 Scott St between January 1 and October 15, 2026, set against January 1 to October 15, 2025. Days on market is median days from listing to contract on MLS-listed sales; "under 15 days" counts how many of those went into contract inside two weeks.
| Measure | 2025 (same window) | 2026 year to date |
|---|---|---|
| Closings | 0 | 2 |
| Dollar volume | — | $1,950,000 |
| Median sale price | — | $975,000 |
| Median $/sq ft | — | $1,196 |
| Median days on market | — | 12 |
| Under 15 days (of MLS sales) | 0 of 0 | 1 of 2 |
Year by year
Every recorded closing at 2051 Scott St since March 2024, by calendar year. 2026 runs through October 15, 2026. Days on market is available for MLS-listed sales from 2020 onward.
| Year | Closings | Median price | Median $/sq ft | Median days | High sale |
|---|---|---|---|---|---|
| 2024 | 2 | $797,500 | $1,055 | 16 | $810,000 |
| 2026 | 2 | $975,000 | $1,196 | 12 | $1,035,000 |
No year in the building's record holds five or more closings. 2026 year to date stands at $1,196 a square foot.
By bedroom count, 2025 against 2026
| Beds | 2025 closings | 2025 median | 2025 $/sq ft | 2026 closings | 2026 median | 2026 $/sq ft |
|---|---|---|---|---|---|---|
| 1 bed | 0 | — | — | 2 | $975,000 | $1,196 |
Every closing in 2026
All 2 closings through October 15, 2026, highest price first. Square footage and days on market are as recorded on the MLS; county-recorded transfers that never listed show no days.
| Unit | Bd | Sq ft | Sold | $/sq ft | Days | Closed |
|---|---|---|---|---|---|---|
| 2051 Scott Street, #403 | 1 | 871 | $1,035,000 | $1,188 | 15 | Mar 25 |
| 2051 Scott Street, #303 | 1 | 760 | $915,000 | $1,204 | 9 | May 06 |
Scott Street, near California
The building stands on Scott Street near California, with Cobb Elementary 0.08 miles away, Alta Plaza Park two blocks north and the Sacramento, Fillmore and Divisadero shopping streets around it (MLSListings). Up the street, 2311 Scott #4, a top-floor unit in a 1965 four-unit building overlooking Alta Plaza, closed at $1,075,000 with dues of $419 (MLSListings). On Fillmore, three blocks east, the Historic Preservation Commission endorsed the Clay Theater's restoration on April 1, 2026, and Neil Mehta's group bought 2035 to 2047 Fillmore for about $8.6 million in August, its eighth property on the street (New Fillmore; SF Standard).
No AI office of any size is within walking distance; the office figures in the paragraphs below describe SoMa, three miles east.
The timetable that every South of Market building now sits inside is the public-offering calendar. Anthropic filed a confidential draft registration with the SEC on June 1, 2026, a week after a funding round that set its valuation at $965 billion (TechCrunch). As of this week the Standard reports the Anthropic listing has been pushed to November, after the midterms, that OpenAI's has moved to 2027, and that Anthropic is weighing a lockup longer than the usual six months (SF Standard). The same piece carries a Redfin estimate that current and former OpenAI and Anthropic employees could in theory buy close to a third of the metro area's homes with their proceeds, and the counter-argument from UC Berkeley's Enrico Moretti and the Bay Area Council's Jeff Bellisario that the money is concentrated in fewer hands than past booms and that these firms create fewer jobs per dollar because so much goes to data centers rather than headcount. The record in this report ends on October 15. None of it reflects a single share that has been sold.
Two citywide facts frame every building figure here. First, the office recovery is lopsided: CBRE put Q3 2026 vacancy at 27.7 percent citywide, down 6.6 points in a year, but Avison Young splits that into roughly 12 percent for Class A and north of 31 percent for Class B, and a Presidio Bay executive told Bisnow the headline number is misleading for that reason (Bisnow). Second, the condo market is still digging out: the Chronicle's May analysis found that only eight Bay Area ZIP codes showed inflation-adjusted condo gains over the year, all of them in San Francisco, and that Noe Valley's typical condo remained close to $400,000 below its 2019 level in real terms (SF Chronicle).
How this was counted
Two records feed this review. The MLS layer is one row per listing and carries days on market and square footage. The county layer reaches back further and catches transfers that never listed, but records the same closing once per data source, so the two were merged on unit, date and price and each closing kept once. Below-market-rate units and transfers under $300,000 are listed but excluded from every median. "Same window" means January 1 to October 15 of each year. Nothing here is a valuation of any unit, and nothing here is advice.
Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272
- https://sfstandard.com/2026/04/07/i-leaderboard-san-francisco-office/
- https://www.sfexaminer.com/news/the-city/sfs-high-office-vacancy-rate-drops-again-as-ai-fueled-recovery-shows-legs/article_14d60cc1-a6dc-4228-9a44-b5b8c4d36b8c.html
- https://finance.yahoo.com/markets/stocks/articles/bay-area-condo-values-still-120000717.html
- https://techcrunch.com/2026/06/01/anthropic-files-to-go-public/
- https://sfstandard.com/pacific-standard-time/2026/10/14/pst-anthropic-openai-ipos-sf-wealth/
- https://www.bisnow.com/news/san-francisco/office/ai-surge-driving-sf-office-market-leasing-to-strong-totals-in-decades
- https://www.mlslistings.com/property/SF426121974
- https://sanfrancisco.homefront.com/homes/ca/san-francisco/property/2051-scott-street-403-0f6851be-0d67-323d-9240-ba595306217f
- https://www.redfin.com/sitemap/CA/94115/street/Scott+St
- https://about.mlslistings.com/property/SF426125077
- https://newfillmore.com/2026/04/02/clay-theater-renovation-passes-its-first-test/
- https://sfstandard.com/2026/08/14/neil-mehta-upper-fillmore-building-purchase/
- 2051 Scott St · Pacific Heights
Tim McMullen, CA DRE #02016832. Real estate services provided by Tim McMullen, Broker, CA DRE #02016832. Figures are from recorded sales; nothing here is an opinion of the value of any home.