In America's most expensive city THIS is what $350K buys you in San Francisco

  • A dilapidated and tiny two bedroom, one bathroom home is being sold in the Outer Mission neighborhood of the city for $350,000
  • The 765-square-foot wood siding house is being showcased as a 'single family' listing
  • Built in 1906, it is described as a 'distinguished home in need of work'

By Regina F. Graham For Dailymail.com

Published: 19:33 EST, 17 September 2015 | Updated: 00:34 EST, 18 September 2015

In many cities across the country, $350,000 is enough to buy a nice sized home with all the trimmings.

But in America's most expensive city, San Francisco, that amount of money is only enough to land a person in a wooden shack. 

A new real estate listing in the Outer Mission neighborhood of the city has a dilapidated 765-square-foot wood siding home for sale for $350,000. 

The two bedroom and one bathroom California dwelling sits on a 1,633-square-foot lot on 16 De Long Street in the city.

The tiny abode is being showcased as a single family home and costs an expensive $458 per square foot

The tiny abode is being showcased as a single family home and costs an expensive $458 per square foot

What money can buy: The tiny brown home pictured above is being sold in San Francisco for $350,000

What money can buy: The tiny brown home pictured above is being sold in San Francisco for $350,000

Located in the Outer Mission neighborhood, the 765-square-foot wood siding home only has two bedrooms

Located in the Outer Mission neighborhood, the 765-square-foot wood siding home only has two bedrooms

The tiny one-story abode is being showcased as a single family home. It costs an expensive $458 per square foot.

The listing describes the property as a 'distinguished home in need of work.'

Built in 1906, it looks minute and outdated compared with the other homes in the neighborhood.

The minute home sits on a 1,633-square-foot lot on 16 De Long Street in San Francisco, California

The minute home sits on a 1,633-square-foot lot on 16 De Long Street in San Francisco, California

A recent report by Zumper revealed that San Francisco is the most expensive city in the US when it comes to renting homes.

The average cost for a one-bedroom apartment reached a record $3,530 in the city in August, compared with $3,160 in New York, $2,270 in Boston and $2,110 in Washington DC.

To rent a one-bedroom home in Los Angeles will set you back an average $1,830 a month, while in Seattle, it is $1,650.  

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