Contemporary high-rise residential condominium building on Van Ness Avenue in San Francisco
Market Insight

Just Closed: 601 Van Ness Ave #929 — Sold Over Asking

Peter Kane

Peter Kane

August 5, 2026 · 4 min read

Kane Corporation is pleased to announce the successful closing of 601 Van Ness Ave #929, a one-bedroom, one-bathroom condominium in the heart of San Francisco. The property sold for $435,000, exceeding its $421,000 asking price by $14,000 in just 3 days on market -- a result that underscores both the strength of the current market and the exceptional effectiveness of Kane Corporation's marketing and pricing strategy.

Transaction Summary

Property
601 Van Ness Ave #929, San Francisco, CA 94102
MLS #
426121523
Closed
August 5, 2026
Size
1 Bed | 1 Bath | 672 Sq Ft + Private Deck
List Price
$421,000
Sold Price
$435,000
Over Asking
$14,000 (3.3%)
Listing Agent
Kane Corporation (Peter C. Kane)
Days on Market
3 Days

Featured Property: Opera Plaza Residence 929

Property snapshot: Searching for a 1-bed condominium in San Francisco with private outdoor space, city views, extensive amenities, and a central location? Residence 929 at Opera Plaza delivers updated interiors, an exclusive private deck overlooking Cathedral Hill and the city skyline, and access to a full suite of community amenities within one of San Francisco's most established residential communities.

Welcome to 601 Van Ness Avenue, Unit 929, a beautifully updated 1-bedroom, 1-bath condominium offering 672 square feet of interior living space plus a private deck exclusive to the residence. Updated in 2026, new floors, new paint, new stainless steel range top/oven, updated lighting, bathroom vanity, Grohe Faucet, and new kitchen disposal. This inviting home provides an efficient and comfortable floor plan enhanced by natural light and urban views. The private outdoor deck creates a rare opportunity to enjoy indoor-outdoor living in the heart of the city while taking in views of Cathedral Hill and the surrounding skyline.

Property Photos

Opera Plaza building exterior at 601 Van Ness Avenue, San Francisco
Opera Plaza courtyard with fountain and landscaped planters
Opera Plaza swimming pool with lounge chairs and gazebo
Open concept living area with kitchen at Opera Plaza condo
Updated kitchen with white cabinetry and stainless steel appliances at 601 Van Ness
Bedroom with mirrored closet doors and sliding glass door at Opera Plaza

Opera Plaza Amenities

Residents of Opera Plaza enjoy a comprehensive collection of amenities including a fitness center, lap pool, in-ground pool, spa, sauna, racquetball court, indoor game court, clubhouse, recreation room, community storage, on-site retail services, coin laundry facilities, and 24-hour building access. The HOA fee of $1,285 per month includes professional management, building insurance, earthquake insurance, water, hot water, trash collection, reserve allocation, common area maintenance, common area utilities, AT&T fiber internet service, 24-hour security services, resident services staff, landscaping, janitorial services, and additional operational services that support a convenient urban lifestyle.

Parking options include one garage parking space available with a monthly parking fee, additional parking availability for a second vehicle, valet parking services, and electric vehicle charging stations. Located in San Francisco's Cathedral Hill neighborhood, Opera Plaza offers convenient access to shopping, dining, cultural attractions, entertainment venues, major employment centers, and public transportation.

Location: Van Ness and Turk, Central San Francisco

Situated at the intersection of Van Ness Avenue and Turk Street, 601 Van Ness places residents within walking distance of some of the city's most vibrant neighborhoods. Van Ness Avenue serves as a major north-south artery, providing immediate access to Civic Center, the Tenderloin arts district, and the emerging cultural corridor connecting Hayes Valley to the waterfront.

The location offers exceptional transit connectivity, with multiple Muni bus lines running along Van Ness and nearby BART and Muni Metro stations at Civic Center. For commuters, the central location means equal access to the Financial District, SoMa, and the western neighborhoods. This transit-rich positioning was a significant factor in the property's strong market reception and competitive bidding.

Sold in Just 3 Days

Listed and under contract in three days, with a final sale price $14,000 above the $421,000 ask. This rapid close is a direct reflection of Kane Corporation's precision pricing and targeted marketing -- reaching the right buyers at the right moment and creating competitive pressure that drove the final price above market expectations.

Over-asking Result: What It Signals

Offered at $421,000, this residence presented an outstanding opportunity to own within a full-service San Francisco community known for its amenities, convenience, and central location. Selling $14,000 above the asking price in only 3 days is not an anomaly. It reflects specific market conditions that Kane Corporation identified and leveraged throughout the marketing and negotiation process. Multiple factors aligned to produce this outcome:

  • Strategic pricing at $421,000 positioned the unit competitively within the entry-level condo segment, where demand from first-time buyers and investors remains high.
  • Targeted marketing reached qualified buyers who recognized the value of a well-located unit in a supply-constrained market.
  • Professional negotiation managed competing offers to achieve terms that exceeded the seller's expectations while ensuring a clean, on-time close.

In a San Francisco market where buyers are discerning but motivated, the properties that sell over asking -- and do so within days of listing -- share common characteristics: strong location, appropriate pricing strategy, and representation that understands both the asset and the buyer pool. A 3-day escrow start and a $14,000 premium over ask speak to every factor working in concert.

Kane Corporation's Role: Speed Meets Strategy

As listing agent, Kane Corporation managed every phase of the transaction from pricing strategy and property presentation through contract negotiation and closing coordination. Our advisory-first approach emphasizes data-driven pricing, transparent communication, and a focus on the seller's objectives above all else. For the seller of 601 Van Ness Ave #929, the goal was clear: maximize net proceeds while minimizing time on market. The $14,000 over-asking result in just 3 days delivered on both counts.

A 3-day market time is not a stroke of luck. It is the product of deep market knowledge, precise pricing, and a marketing strategy that generates urgency among the right buyer pool. Kane Corporation's pricing analysis identified the optimal list position to attract maximum showing traffic within the first weekend, creating the competitive dynamic that produced multiple offers and a final sale price well above ask. The result: a fast, clean transaction that gave the seller both premium value and the certainty of a quick close.

A Track Record of Results

This closing is one of many transactions where Kane Corporation has delivered above-market outcomes for clients across San Francisco. Whether representing sellers in competitive condo markets or advising investors on stabilized mixed-use assets, our approach remains consistent: know the market, price with precision, and negotiate with purpose.

A 3-day sale at $14,000 over asking is the kind of result that only comes from experience, preparation, and a marketing engine that generates real buyer competition. For sellers considering their next move, this transaction demonstrates what is possible with the right representation: more money, less time, and complete confidence in the outcome.

If you are considering selling a property in San Francisco or are interested in learning more about current market conditions, we welcome the opportunity to discuss how Kane Corporation can put our experience to work for you.