2090 Pacific, the 1928 elevator building by Lafayette Park: two one-bedrooms bought three months apart in 2021 resold this year, one up 1.6 percent and one down 15.6

2090 Pacific is the cleanest paired comparison in this series: two one-bedrooms of the same size, the same stack, bought three months apart in 2021 and sold six weeks apart in 2026, with a $218,000 gap between the outcomes. Two condominiums closed between January 1 and October 15, 2026, against one in the same window of 2025; $2,118,000 of volume against $1,725,000. The median sale is $1,059,000 and the median price per square foot is $1,152, against $1,065 last year, $1,191 on the 2023 sale of the $2,025,000 top-floor unit and $1,228 across three sales in 2021, the most in any year of the record.

#306, a 922-square-foot one-bedroom with a Bay view, closed at $1,168,000 on March 25 after 63 days, $1,267 a foot; it was bought in October 2021 for $1,150,000, up 1.6 percent. #406, a 916-square-foot one-bedroom one floor up, closed at $950,000 on May 6 after 103 days, $1,037 a foot; it was bought in July 2021 for $1,125,000, down 15.6 percent (Redfin, #306; Redfin, #406). The median listed sale took 83 days to contract, and neither went inside two weeks. Dues on the one-bedrooms run about $850 a month, and parking is leased in the building at $350 (Redfin, #306).

The building is a 1928 elevator building with a Spanish-Mediterranean lobby, curved archways and open-beam ceilings, six units a floor on floors two through seven; the listing record counts 36 units, and the building record on this site lists eight (Redfin, #701).

2026 so far, against the same window in 2025

Closings at 2090 Pacific Ave 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.

Year by year

Every recorded closing at 2090 Pacific Ave since July 2021, by calendar year. 2026 runs through October 15, 2026. Days on market is available for MLS-listed sales from 2020 onward.

No year in the building's record holds five or more closings. 2026 year to date stands at $1,152 a square foot.

By bedroom count, 2025 against 2026

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.

Paired resales

Units that closed in 2026 and had a prior recorded sale in the same building. The change is gross, before any improvements, fees or carrying costs.

1 of these resold above the prior price, 1 below.

Pacific Avenue, by Lafayette Park

Lafayette Park, 12.5 acres between Washington, Sacramento, Gough and Laguna with an off-leash dog run, two tennis courts and a playground, is the building's park, with Alta Plaza the other (Wikipedia)). Two to three blocks west on Fillmore, Neil Mehta's group bought 2035 to 2047 Fillmore for about $8.6 million in August 2026, its eighth property on the street, with the vacant storefronts to be combined into a restaurant (SF Standard). On the same street two blocks east, 1895 Pacific, a 1931 Art Deco building, sold two one-bedrooms this year at $1,288 and $1,484 a foot, both inside two weeks (MLSListings).

No AI office of any size is within walking distance; the office figures in the paragraphs below describe SoMa, two miles southeast.

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