July 31, 2006

Save $1,600,000 At 1750 Taylor

1750 Taylor #1201

Four months ago we highlighted 1750 Taylor #1301, a stunning six million dollar condo that left us salivating (and no, we still haven’t had a chance to wake up in that bed). At the time, the unit directly below (#1201) was being offered for half a million less, but really wasn’t remodeled to our tastes (marble floors just aren’t our thing).

Today, #1301 might have sold, but #1201 is still available and its price has been reduced three times for a total savings of $1,600,000 (“Great price!! Motivated seller” and now listed at $3,950,000). The way we figure it, you can buy #1201, spend a million dollars on a stunning remodel, fill the three parking spaces with a brand-new Bentley, Aston Martin, and Range Rover, and still come out ahead…

Truth In Advertising: 1750 Taylor (Royal Towers) [SocketSite]
∙ Listing: 1750 Taylor #1201 (3/3.5) - $3,950,000 [Coldwell Banker] [MLS]

First Published: July 31, 2006 12:10 AM

Comments from "Plugged In" Readers

The agent's site for 1750 Taylor #1301 has a link to the complete disclosure package for that unit:

http://www.louis-silcox.com/1750taylor1301/1750_Taylor_1301_DP.pdf

Check out page 145, scanned from the original Royal Towers marketing brochure from the 60's! Hilarious.

Posted by: w2001 at July 31, 2006 1:10 AM

Am I the only one that thinks this complex is an eyesore? I work nearby in North Beach, and thought it was low income housing when I first saw it. (OK the views must be fantastic) It has not aged well!

Posted by: etslee at July 31, 2006 11:11 AM

Really, Etslee? I love the way it looks, but maybe that's because I love the interior and the views and just have an overall positive reaction to the building. I think it's more elegant than most other highrises on Russian Hill and Nob Hill.

Posted by: Damion at July 31, 2006 2:50 PM

it blends in just fine, as every house in its surrounding is old anyway. there aren't any new contemporary buildings in north beach to contrast it with.

Posted by: Anonymous at July 31, 2006 5:46 PM

$4 million is the REDUCED price for this 3,000sqft apartment???

Since when is $1,250 good value for a CONDO with MASSIVE HOA fees?

What a joke!

This place should sell for $3 million i.e. 1,000/sft.

Posted by: BullMarket at July 31, 2006 9:38 PM

Seriously folks... a lot of bubblehead doomsday scenario people say "LOOK, market is crashing with this massive price reducation." But think people, THINK! The reduced price is $1,250/sqft!!! The means they're pricing it at OVER 25% higher than last year.

Posted by: BM at July 31, 2006 9:42 PM

BM - 25% higher than what? An average? The unit directly above would have sold for $1,875/sqft if it did close for $6M earlier this year. Granted #1301 looks to be much more modern, but not to the tune of a $2M difference.

Posted by: SFSal at July 31, 2006 10:46 PM

You bubble heads should actually see one of the homes at 1750 Taylor Street. If you did you would not forget the view(s). This is not 1 Rincon Hill or the Infinity, it is the real thing. The views are from the GG Bridge to Nob Hill and everything in between.

Remember, Bill Getty sold the entire top floor for over $15M several years ago.

Frederick

Posted by: Frederick at August 1, 2006 2:07 AM

But does it come with those "beautiful" couches?

Posted by: SaveYourMoney at August 1, 2006 8:48 PM

1201 was purchased by a flipper. Back on the market today for $6,750,000.

Posted by: Nicole at October 26, 2007 10:13 AM

1303 came on today in original condition but with bay views (though maybe only if you stick your head out from the deck or something) for 1.795. $935 psft and $1978 HOA.

http://www.redfin.com/CA/San-Francisco/1750-Taylor-St-94133/unit-1303/home/12400680

Posted by: tipster at March 10, 2011 12:24 PM

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