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This "Unlivable $350,000 Shack" Is The Cheapest Home In San Francisco

According to the broker, it's the cheapest home on the market in San Francisco, and it's an unlivable shack.

As Fortune reports, it is a worn-down, decomposing wooden shack that was built in 1906, and the interior is unlivable in its current condition. The San Francisco house is also selling for $350,000.

According to Zillow, $350,000 would comfortably fetch a 1,500-square-foot, three-bedroom home in many smaller cities in the U.S., including Cincinnati, Ohio.

 

Realtor Alexander Han, would definitely advise against moving in too soon.

"The house still needs a lot of work. I would not recommend anyone moving right in. The bathroom is not functioning. The kitchen needs a bit more work. The flooring has a couple of places that are little bit weaker, and needs to be reinforced."

Located at 16 De Long Street in the (slightly) more affordable Outer Mission district, the house’s price is a reflection of the skyrocketing real estate market in San Francisco.

 

Since 2012, the city has seen a 103% increase in median housing prices; this month, that figure stands at $1.35 million.