Financial District
San Francisco’s Financial District is as busy as the downtown of any major global city can get. Yet, despite the urbanness of imposing skyscrapers and buzzing streets, the area’s rich history and culture is palpable. The city’s iconic cable cars run through here, shopping centers are housed in historic buildings, and the diverse population is a reminder of how the City by the Bay was shaped over the years.
The birthplace of the city of San Francisco, the Financial District today is home to around 9,447 residents, as well approximately 14 million businesses that include some of the largest corporations in the world. The area is also home to significant art galleries, museums, performance venues, and important government offices.
The Financial District is surrounded by neighborhoods that have also played significant roles in San Francisco’s history. It is flanked by the Union Square shopping district and Chinatown to the west and northwest, the Embarcadero to the east, Market Street and South of Market to the south, and North Beach and Jackson Square to the north.
Real estate in the San Francisco Financial District
Condos and apartments make up the housing stock in the Financial District. There is no shortage of luxury residences in stunning high rises, offering spacious living areas, top of the line fixtures and finishes, and amazing amenities like fitness centers, swimming pools, spas, and more.
With their convenient central location and fantastic city views, real estate in the Financial District is highly sought after by upscale property buyers and renters, ensuring consistently rising home values through the years. The median property price in the neighborhood as of November, 2021 is around $710,000 and the median square footage is approximately 704.
Top attractions and activities
You will never run out of things to see and do in the neighborhood. These are our top picks of activities and attractions:
- Chinatown
- The Transamerica Pyramid
- Union Square Plaza
The largest Chinatown outside Asia and the first Chinatown in the United States, Chinatown San Francisco has a rich and colorful history that can still be revisited today through iconic structures and destinations, such as the Dragon’s Gate, the Golden Gate Fortune Cookie Factory, various Chinese temples, and the Chinese Historical Society museum. There are plenty of amazing restaurants where you can sample authentic Chinese cuisine, as well as shops selling clothing, accessories, gifts, and more.
The San Francisco counterpart of New York’s Empire State Building, the Transamerica Pyramid is the tallest skyscraper in the city with 48 floors for offices, topped by a spire rising 212 feet. At the base of the building is the half-acre Transamerica Redwood Park, which is open to the public and features tall redwood trees transplanted from the Santa Cruz Mountains.
Encompassing 2.6 acres, Union Square was constructed as a public park in 1850. It has undergone several transformations over the years, from a site of pro-Union rallies during the Civil War to a stylish residential district in the 1880s, to a shopping district in the 1930s. Today, Union Square Plaza is San Francisco’s premier retail and entertainment destination, hosting upscale shops and boutiques, department stores, theaters, art galleries, and more.
If you want to learn more about your real estate options in the Financial District San Francisco, we at Homes by Afshin will be more than happy to help. Whether you’re a first time home buyer or a seasoned real estate investor, we have the expertise to help you succeed in this highly competitive market. Call us today at 415.294.1807 or email afshin(at)berrirealestate(dotted)com.
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