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2201 Sacramento, H.C. Baumann's 1928 Spanish Mediterranean on the corner of Laguna: one closing this year, a corner two-bedroom listed at $1,495,000 and sold at $1,938,000 in nine days, 30 percent over
Every 2026 closing at 2201 Sacramento, the 24-unit 1928 elevator building diagonally across from Lafayette Park in Pacific Heights, against the record since 2002
One closing at 2201 Sacramento Street through October 15, in a building with no 2023 to 2025 sale; $1,938,000 of volume. $1,264 a square foot on #202, against $1,089 on the one 2022 sale and $1,044 in 2021. The unit's views take in Lafayette Park across the intersection, and its dues run $1,221 a month.

2201 Sacramento's one sale this year went $443,000 over its list in nine days. One condominium closed between January 1 and October 15, 2026, on $1,938,000 of volume; nothing closed in 2023 through 2025, one unit closed in 2022 at $860,000 and one in 2021 at $1,600,000. The price per square foot is $1,264, against $1,089 in 2022 and $1,044 in 2021; no year in the record holds more than one closing.
#202, a 1,533-square-foot southeast-corner two-bedroom with views of Lafayette Park and Sutro Tower, a garage space and a storage locker, was listed on May 4 at $1,495,000, went pending on May 14 and closed at $1,938,000 on May 28, nine days from listing to contract and 30 percent over the ask; its dues run $1,221 a month; the listing record shows it sold in May 1999 at $499,074, a pairing the site's record does not hold (Redfin; MLSListings).
The building is H.C. Baumann's 1928 Spanish Mediterranean elevator building on the southwest corner of Sacramento and Laguna, six floors of four units with steam heat, a garage, storage lockers and free laundry, its neighbors on the block by Conrad Meussdorffer and Edward Young; the listing record counts 24 units, and the building record on this site lists 14 (NoeHill; Redfin street index).
2026 so far, against the same window in 2025
Closings at 2201 Sacramento 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 | 1 |
| Dollar volume | — | $1,938,000 |
| Median sale price | — | $1,938,000 |
| Median $/sq ft | — | $1,264 |
| Median days on market | — | 9 |
| Under 15 days (of MLS sales) | 0 of 0 | 1 of 1 |
Year by year
Every recorded closing at 2201 Sacramento St since January 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 | 1 | $1,125,000 | — | 6 | $1,125,000 |
| 2021 | 1 | $1,600,000 | $1,044 | 8 | $1,600,000 |
| 2022 | 1 | $860,000 | $1,089 | 7 | $860,000 |
| 2026 | 1 | $1,938,000 | $1,264 | 9 | $1,938,000 |
No year in the building's record holds five or more closings. 2026 year to date stands at $1,264 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 | 0 | — | — | 1 | $1,938,000 | $1,264 |

Every closing in 2026
All 1 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 |
|---|---|---|---|---|---|---|
| 2201 Sacramento Street, #202 | 2 | 1,533 | $1,938,000 | $1,264 | 9 | May 28 |
Sacramento and Laguna, at Lafayette Park
Lafayette Park's southwest corner is diagonally across the intersection, the 1-California stops in front, and 2200 Sacramento, John Sardis's 20-story 1964 Pacific Heights Towers, holds the park side of the corner, where #205 closed at $1,155,000 this year (NoeHill; MLSListings; MLSListings, 2200 Sacramento). Across Laguna at 2040 Laguna, a 1981 twelve-unit building, a 1,685-square-foot three-bedroom closed at $1,825,000 on October 14 (Redfin, 2040 Laguna #201). Three blocks west on Fillmore, Neil Mehta's group bought 2035 to 2047 Fillmore in August 2026 and chef Pim Techamuanvivit is planning a restaurant in the former Starbucks at 2222 Fillmore; the Clay Theater's restoration was endorsed on April 1 (SF Standard; New Fillmore, Aug 2026; New Fillmore, Apr 2026).


No AI office of any size is in Pacific Heights; the office figures in the paragraphs below describe SoMa, two and a half 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
- 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/2201-Sacramento-St-94115/unit-202/home/1963570
- https://about.mlslistings.com/property/SF426114151
- https://noehill.com/architects/baumann/baumann_sacramento_2201.asp
- https://www.redfin.com/sitemap/CA/94115/street/Sacramento+St
- https://www.mlslistings.com/property/SF426117093
- https://www.redfin.com/CA/San-Francisco/2040-Laguna-St-94115/unit-201/home/1642558
- https://sfstandard.com/2026/08/14/neil-mehta-upper-fillmore-building-purchase/
- https://newfillmore.com/2026/08/11/another-michelin-starred-chef-for-fillmore/
- https://newfillmore.com/2026/04/02/clay-theater-renovation-passes-its-first-test/
- 2201 Sacramento 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.