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2060 Sutter, the 1984 courtyard building by Japantown: two two-bedrooms closed this year in eight and 14 days at $1,326 a foot, the building's seventh straight year of sub-two-week sales
Every 2026 closing at 2060 Sutter, the 1984 block-and-stucco building with the interior courtyard in Lower Pacific Heights, against the record since 2002
Two closings at 2060 Sutter Street through October 15, against two in the 2025 window; $2.7 million of volume against $2.5 million. Median sale $1,362,500; median $1,326 a square foot, against $1,112 last year and $1,408 in 2022. #406, 1,056 square feet, closed at $1,450,000 on October 15 after 14 days; #502, 998 square feet on the top floor, listed at $1,198,000 and closed at $1,275,000 after eight.

Every sale at 2060 Sutter since 2020 has gone inside two weeks, and 2026 kept the run. Two condominiums closed between January 1 and October 15, 2026, against two in the same window of 2025; $2,725,000 of volume against $2,450,000. The median sale is $1,362,500 and the median price per square foot is $1,326, against $1,112 last year, $1,408 on the one 2022 sale and $1,162 across three sales in 2020, the most in any year of the record.
#406, a 1,056-square-foot two-bedroom, closed at $1,450,000 on October 15 after 14 days, $1,373 a foot. #502, a 998-square-foot two-bedroom on the top floor, was listed at $1,198,000 and closed at $1,275,000 on April 16 after eight days, $1,278 a foot; its dues run $905 a month (Redfin, #502). The median listed sale took 11 days to contract, and both 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 1984, block and stucco with three entry levels, an interior courtyard and shared garden and on-site parking; the listing record counts 68 units, and the building record on this site lists 18 (Redfin, #306).
2026 so far, against the same window in 2025
Closings at 2060 Sutter 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 | 2 | 2 |
| Dollar volume | $2,450,000 | $2,725,000 |
| Median sale price | $1,225,000 | $1,362,500 |
| Median $/sq ft | $1,112 | $1,326 |
| Median days on market | 10 | 11 |
| Under 15 days (of MLS sales) | 2 of 2 | 2 of 2 |
Year by year
Every recorded closing at 2060 Sutter St since February 2020, 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 |
|---|---|---|---|---|---|
| 2020 | 3 | $1,335,000 | $1,162 | 11 | $1,375,000 |
| 2021 | 1 | $1,365,000 | $1,382 | 7 | $1,365,000 |
| 2022 | 1 | $1,440,000 | $1,408 | 12 | $1,440,000 |
| 2023 | 1 | $1,250,000 | $1,179 | 14 | $1,250,000 |
| 2024 | 1 | $1,060,000 | $1,055 | 8 | $1,060,000 |
| 2025 | 2 | $1,225,000 | $1,112 | 10 | $1,350,000 |
| 2026 | 2 | $1,362,500 | $1,326 | 11 | $1,450,000 |
No year in the building's record holds five or more closings. 2026 year to date stands at $1,326 a square foot.
By bedroom count, 2025 against 2026
| Beds | 2025 closings | 2025 median | 2025 $/sq ft | 2026 closings | 2026 median | 2026 $/sq ft |
|---|---|---|---|---|---|---|
| 2 bed | 2 | $1,225,000 | $1,112 | 2 | $1,362,500 | $1,326 |
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 |
|---|---|---|---|---|---|---|
| 2060 Sutter Street, #406 | 2 | 1,056 | $1,450,000 | $1,373 | 14 | Oct 15 |
| 2060 Sutter Street, #502 | 2 | 998 | $1,275,000 | $1,278 | 8 | Apr 16 |
Sutter Street, at the edge of Japantown
The building sits on Sutter between Japantown, Fillmore and Divisadero (Coldwell Banker). Across the street, 2075 Sutter, a 38-unit 1992 elevator building, sold #501 at $1,249,000 on May 11 with dues of $1,095 (MLSListings). A block east, the Japantown Peace Plaza is in a $34 million two-year rebuild, with a 300-seat amphitheater, the 100-foot pagoda restored and the Japan Center garage waterproofed beneath it, with completion slipped to summer or fall 2026; the Buchanan Street Mall makeover broke ground in March 2026 (SF Chronicle; SF.gov).
No AI office of any size is within walking distance; the office figures in the paragraphs below describe SoMa, two and a half 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.redfin.com/CA/San-Francisco/2060-Sutter-St-94115/unit-502/home/1634731
- https://www.redfin.com/CA/San-Francisco/2060-Sutter-St-94115/unit-306/home/571181
- https://www.coldwellbanker.com/ca/san-francisco/2060-sutter-st-apt-502/lid-P00800000H7fjzPN1Z0G5VCoUQtDF0wivAD972Au
- https://about.mlslistings.com/property/SF426102638
- https://preview-prod.w.sfchronicle.com/bayarea/article/sf-parks-2026-openings-21219425.php
- https://www.sf.gov/news/city-officials-and-japantown-community-break-ground-peace-plaza-renovation-project
- 2060 Sutter St · Lower 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.