Why Live in Balboa Terrace
Balboa Terrace in San Francisco offers a suburban feel within a bustling city, characterized by winding streets, green lawns, and homes in Spanish Colonial Revival and Italian Renaissance Revival styles. This planned development from the 1920s features single-family houses averaging 2,400 square feet on lots around one-tenth of an acre. The neighborhood is safer than the national average and provides access to highly rated schools, including Commodore Sloat Elementary, Aptos Middle, and Lowell High. Balboa Terrace is perched along Mount Davidson, the highest point in San Francisco, and is close to commercial areas like West Portal Avenue, which features restaurants such as Trattoria da Vittorio and Sushi Suki, as well as wine bars like Que Syrah. Residents can enjoy nearby parks like Aptos Park and Lake Merced Park, which offers boating, fishing, and a 5-mile trail. The area is well-connected by the San Francisco Municipal Transportation Agency’s Muni bus and light rail networks, with quick access to Downtown San Francisco and major routes like Interstate 280. Community events, such as the Halloween Parade and Pizza Party, foster a strong neighborhood spirit, organized by the Balboa Terrace Homes Association.
Frequently Asked Questions
Is Balboa Terrace a good place to live?
Balboa Terrace is a good place to live. Balboa Terrace is considered fairly walkable and bikeable with good transit options. Balboa Terrace has 6 parks for recreational activities. It is fairly dense in population with 12.8 people per acre and a median age of 51. The average household income is $217,230 which is above the national average. College graduates make up 57.6% of residents. A majority of residents in Balboa Terrace are home owners, with 14.6% of residents renting and 85.4% of residents owning their home. A
local real estate agent serving Balboa Terrace can help you decide if this neighborhood is the right one for you. Learn more on our
Balboa Terrace neighborhood guide.
Is Balboa Terrace, CA a safe neighborhood?
Balboa Terrace, CA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Balboa Terrace?
The median home price in Balboa Terrace is $699,000. If you put a 20% down payment of $139,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,620 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $155K a year to afford the median home price in Balboa Terrace. The average household income in Balboa Terrace is $217K.
What are the best public schools in Balboa Terrace?
The best public schools that serve Balboa Terrace are:
What are the best private schools in Balboa Terrace?
The best private schools that serve Balboa Terrace are:
What are the most popular zip codes in Balboa Terrace, San Francisco, CA?
What are the most popular neighborhoods near Balboa Terrace, San Francisco, CA?
Home Trends in Balboa Terrace, CA
On average, homes in Balboa Terrace, San Francisco sell after 81 days on the market compared to the national average of 70 days. The median sale price for homes in Balboa Terrace, San Francisco over the last 12 months is $643,500.
Median Sale Price
$643,500
Median Single Family Sale Price
$600,100
Average Price Per Sq Ft
$273
Number of Homes for Sale
0
Last 12 months Home Sales
5
Median List Price
$699,000
Median Change From 1st List Price
12%