Five-year reserve planning My HOA Budget

San Francisco, California condo association

Unclaimed profile

Millennium Tower

Millennium Tower is a condo association in San Francisco, California. This profile tracks monthly dues $1,600–$3,700/mo, 419 units, built in 2009, managed by Action Property Management, reserve study status not yet ve...

condo Public records Reserve health: Unknown Browse San Francisco communities California reserve laws

Profile 67% complete — source gaps remain

HOA dues, reserve study, and community facts

Units 419
Year built 2009
Monthly dues $1,600–$3,700/mo
Reserve health Unknown
Management Action Property Management
Active listings 8
Median sale price $1.97M

Amenities

PoolGymSpaSaunaClubhouseConciergeDoormanElevatorParking garageBusiness centerStorage

Board and management

No board roster is listed in the cited sources.

Reserve study and funding

We do not have reserve study details on record for Millennium Tower. Review the editable example below before treating any forecast as community-specific.

Review editable example

5-year outlook

What changes this five-year example?

Special assessments can run into thousands per unit when major work outruns reserves. This starts with the known numeric values listed below, then lets you change every example before relying on the result for Millennium Tower.

Reserve-health labels, year built, and California law summaries are not used to change the solver numbers.

Editable assessment example Adjustable dues increases Five-year reserve projection
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Known values applied: unitCount -> unit count; duesRange lower bound -> annual dues revenue.

Editable examples, not community facts: starting reserve: editable example scaled from unit count at $15k/unit; annual operating expense: editable example scaled from annual revenue at 84%.

Local calculator

Five-year reserve projection from reviewed numbers

Start with the example, enter figures by hand, or review local files before applying values. Nothing here is uploaded or saved by MHB. This example is not a reserve study, a funding-sufficiency conclusion, or an assessment prediction.

5-year ending reserve$13.39MAbove example target

Use your figures

Review documents or enter the same values by hand.

Files are read only in this browser, are not uploaded, and are not stored by MHB.

Scenario figures can be entered manually or read from local files.

Budget

Dues revenue, operating expense, and unit count.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Reserve study

Starting reserve balance and scheduled capital work.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Assessment history

Assessment amount and projected year.

Ready

Labeled dollar values. PDF, CSV, JSON, or text. 10 MiB max. Read locally only.

Enter figures manually

These whole-number fields match the document review fields. Changing them recomputes the projection immediately.

$0EXAMPLE TARGET - $1.0M202620272028202920302031$13.4M
Projection text equivalent
YearReserve balance
2026$6.29M
2027$7.55M
2028$8.81M
2029$9.93M
2030$11.50M
2031$13.39M
5%
4%

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Copy and CSV exports use reviewed numbers and caveats. The share link keeps only numeric controls.

Current ending balance$13.39M
Current lowest balance$7.55M2027
Ending deltaSave baseline

Save the current case before changing controls to compare ending balance, lowest balance, and yearly deltas.

Fields: manual entry fields; ending delta: 0; lowest delta: 0

Save a baseline before exact totals can be included. Until then, the handoff contains only field names and zero comparison bands for the current scenario.

Board member next stepTurn this scenario into a board-ready next step.

Send the reserve-planning context and keep the follow-up focused on board decisions.

Plan our next five years

About Millennium Tower

Millennium Tower is a 58-story luxury condominium skyscraper at 301 Mission Street in San Francisco’s SoMa district. Completed in 2009 by Millennium Partners, it was the tallest residential building in San Francisco at 645 feet. The development consists of two towers — the main 58-story tower with 366 units and a 12-story mid-rise with 53 units — totaling 419 residences ranging from 666 to 5,009 sq ft. The project cost approximately $600 million to develop.

What we know

  • Units: 419 (366 in main tower, 53 in mid-rise)
  • Year built: 2009
  • Monthly HOA dues: $1,600–$3,700/mo
  • Management company: Action Property Management
  • Amenities: 75-foot heated indoor saline lap pool, hot tub, steam room, fitness center, Pilates studio, yoga room, massage studio, wine cellar and tasting room, private screening room, outdoor terrace with fireplace and waterfall, 24/7 concierge and doorman, private dining room, 434-space underground parking garage
  • Active listings: 8 units for sale
  • Median sale price: ~$1.97M (based on recent 180-day sales at $1,170/sq ft)
  • Developer: Millennium Partners (via Mission Street Development, LLC)
  • Architect: Handel Architects

Known issues

Since 2015, the building has experienced significant settling and tilting. A major remediation project using perimeter pile underpinning has been underway to address the structural issues.

Reserve health

Reserve health hasn’t been verified for Millennium Tower yet. Before you approve a budget, pay a special assessment, or close on a unit here, California law defines exactly what reserve records a community association must keep and what owners can request — see California HOA reserve funding rules.

Given the scale of the ongoing structural remediation, reserve and special assessment information would be especially valuable to prospective buyers.

What’s still missing

  • Reserve study date and balance
  • Special assessment history (particularly related to remediation)
  • Board roster
  • Community photos

Verification note

This profile is based on the sources named in its profile footer. It has not been board-verified; confirm material facts directly with the association.

California laws that apply here

Reserve funding

California HOA reserve funding rules, in plain language

How California Civil Code § 5550 treats reserves under the Davis–Stirling Act, why the reserve study is mandatory on a fixed cycle, and what that means for a board, owner, or buyer actually reading the numbers.

Cal. Civ. Code § 5550 — Reserve study requirements

Profile verification status

This profile has not been claimed or verified by the board or property manager. Treat missing details as unknown, and confirm important facts directly with the association before relying on them.

Next step

Need documents from Millennium Tower?

We can help you request reserve studies, budgets, and meeting minutes. Pick the option that fits.

I own here — request documents I'm buying — request documents