127-Unit SoMa Development Streamlined and Reslated for Approval

127-Unit SoMa Development Streamlined and Reslated for Approval

While the public hearing for the proposed 127-unit development to rise up to 8 stories in height on the western side of 5th Street, between Shipley and Clara in Central SoMa, didn’t happen last month as originally calendared, the project has just secured an Eastern Neighborhoods Plan-based determination to... Read More »

Neo-Victorian in Noe Fetches 2 Percent Under 2016 Price

Neo-Victorian in Noe Fetches 2 Percent Under 2016 Price

Built in 1895, the Noe Valley Victorian at 228 Day Street was completely renovated and redesigned as a 2,370-square-foot “Neo-Victorian” home two years ago, with an open floor plan, soaring ceiling, exposed steel beams, high-end finishes and a modern staircase connecting its floors. Purchased post-renovation for $2.45 million in... Read More »

Infamous Castro Drug Den in Contract

Infamous Castro Drug Den in Contract

Purchased for $440,000 in 1995, the Castro District duplex at 517-519 Sanchez Street has been raided numerous times over the past seven years, resulting in the seizure of large quantities of crystal meth, heroin, ketamine, cocaine and cash. Two years ago the City of San Francisco sued the building’s... Read More »

Massive India Basin Project behind Schedule

Massive India Basin Project behind Schedule

In order to break ground in the first quarter of 2018, as Build Inc. was projecting, the Draft Environmental Impact Report (DEIR) for the massive India Basin project (which now includes over 1,200 units of housing, 1,800 parking spaces, 275,000 square feet of commercial space and nearly ten acres... Read More »

Modern Retailer in the Mission Could be Done

Modern Retailer in the Mission Could be Done

While no official announcements have been made, the owner of the modern 5,000-square-foot retail space at 560 Valencia Street (which Blu Dot has occupied since 2013) is now actively seeking a new tenant. The marketing materials for the prime Mission District space tout “a national mecca for millennials, techies... Read More »

Proposed 5th Street Hotel and Fewer Donuts Closer to Reality

Proposed 5th Street Hotel and Fewer Donuts Closer to Reality

As we first reported last year, the development team behind the proposed redevelopment of the All Stars Donuts shop site at 5th and Harrison had shifted gears and drafted plans for a hotel, rather than housing, to rise upon the 399 5th Street parcel. The plans for the eight-story,... Read More »

Development Redesigned to Look Less Muddled and Add a Floor

Development Redesigned to Look Less Muddled and Add a Floor

As we foreshadowed, the proposed development to rise on the northwest corner of Folsom and Russ Street, upon the current Fondue Cowboy and Deli Board site, has been redesigned. Gone are the Art Deco and industrial flourishes which Planning had viewed as “muddled.” And in addition to adding a... Read More »

New Transbay District Market Opening Soon

New Transbay District Market Opening Soon

The shelves are stocked. And according to the owner, by way of a plugged-in tipster, the highly anticipated grocery to open in Lumina’s 9,500-square-foot market space at the corner of Folsom and (318) Main is expected to open next week. Once again, the new Woodlands Market will provide “organic,... Read More »

Development of Site Where OSH Was Denied Moves Closer to Reality

Development of Site Where OSH Was Denied Moves Closer to Reality

With Orchard Supply Hardware having been controversially denied their bid to convert the Pacific Sales building at 975 Bryant Street into a 33,000 square foot OSH with a nursery on its roof, plans to raze the existing building and develop over 180 new homes on the Showplace Square site were... Read More »

Falling Rents and Returns for a Signature Two-Bedroom with Views

Falling Rents and Returns for a Signature Two-Bedroom with Views

Purchased for $1,550,000 in early 2008, the 1,317-square-foot unit #23D at 301 Main Street, a “signature” two-bedroom unit with Bay Bridge and water views in the first tower of the Infinity, was offered for rent at $6,500 a month in June of 2013, an effective CAP Rate (ROA) of... Read More »