Under 500 Club: Historic Hamilton Studio

The Under 500 Club is Curbed SF's exclusive members-only support group for those homes on the market for less than $500,000. Things are looking up: Once the domain of poorly (if at all) staged homes, the Club's membership has grown to include both shitboxes and hidden gems. All listings of note should be sent to the Curbed SF Inbox.

A pied-a-terre or the future home of a well-to-do undergrad at the nearby Art Institute? Anything goes for this 520 square foot studio in the art deco Hamilton, San Francisco's first building to go condo -- "seller is serious." They've already knocked $40k off this now $335,000 , which now lies inside an honest-to-goodness historic district. Yes, this nabe is on the up and up -- well, besides the prices. Sleeping alcove, new carpet and paint, remodeled kitchen, 24-hour-security and roofdeck. Other perks: underground parking (for an additional fee, natch), sidewalks freshly hosed every four hours and a rumored undercover police station across the street. If you can steel yourself against the Leavenworth crackheads, it’s a centralized location convenient to all kinds public transport and under $5 chicken tikka masala — because if you’re investing in the Hamilton, you probably can't afford to hit up Milennium every night.
· 631 O'Farrell Street #914 [Redfin]For more stories from Curbed SF, go to sf.curbed.com.

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