What $285,000 Buys You in San Francisco: A Rare 355-Square-Foot Studio With an Eat-In Kitchen

If you are overwhelmed by the sky-high costs of renting in San Francisco and looking for an affordable residence, an adorable 355-square-foot studio just hit the market in the South of Market (SoMa) neighborhood for just $285,000.Located in a historic 12-unit Edwardian building built in 1911, the "exceptionally well laid out" abode was designed to make "smart use of every square foot."An affordably priced residence like this one is a rare find in this market, unless it's a BMR (below market rate) unit, which this one is not, according to listing agent Nicole Kay of City Real Estate."We see two to three of these a year," Kay says. "It's an opportunity, especially with rents continuing to go up."Loading...Interior of studio in San FranciscoOpen Homes PhotographyLoading...The studio features an eat-in kitchen.Open Homes PhotographyLoading...The cozy sleeping area comes with a reading nook.Open Homes PhotographyThe interior features an eat-in kitchen and a sunny, cozy sleeping area with a reading nook and a bay window that would be a nice spot for morning coffee."It appeals to a lot of people and would be good for someone who never thought they could own a home," she notes. "The buyer ...