If you liked the vibe of the building (and can get past the fear of vibrations), another full-floor loft at 357 Tehama is now on the market.
And while number three was more our style (and has since sold), number two is listed for $500,000 less (but only $125,000 under number three’s eventual sale price).
∙ Listing: 357 Tehama #2 (3/2.5) – $1,995,000 [MLS]
∙ A Little Bit Of SOHO Down In SOMA (357 Tehama And #3) [SocketSite]
We at PropertyShark.com took a quick look at recent sales data for this property and found this:
For Unit #2, on 09/24/2004 there has been a mortgage with the loan amount of $850,000 on the current owner’s name.
Here’s the link, with further details: 357 Tehama
the interior is way cheesy.
unit #3 was way better. Tho I think #2 is priced fairly.
by the way, #3 was purchased by the owners of #4.
I love these old brick buildings in SOMA.
A seismic retrofit permit was completed for the building in 97, but the only obvious signs I can see from the photos is infilling six of the windows… I’d definitely take a close look at the retrofit work before buying into a URM (unreinforced masonry) building.
A separate permit with the one-word description of “parapet” was completed in 92… hopefully that meant bracing it.
My friends used to live in #2 and it sold for around 1.3-1.4M back in 04. That place was killer and well worth that priced paid.
Agree with Kaya – great building, but I’d get an expert assessment of the earthquake retrofit work as all retrofits are not created equal. The Parapet Ordinance and ’92 parapet work is separate from the overall earthquake retrofit as it just strengthens the decorative roof facade (i.e. parapet) at the street level so it doesn’t fall down on pedestrians below. As for the overall seismic retrofit, the level of seismic reinforcement varies pretty widely with the minimum required by the city generally only aiming to keep the roof and floor from collapsing and giving you enough time to leave in an event. Even with a lot of high quality retrofits, I think they expect the walls to collapse while the floors and roof structure stays in place due to the inherent lack of lateral strength of each individual brick and mortar connection. As for the retrofit on this building, while they can do seismic work with concrete columns for reinforcement (which may be the case here), I’d think you’d want to see a lot more diagonal steel I-beams throughout the interior. Either that or factor in the cost of a huge earthquake insurance premium (which may be tricky to get with such a building). Other than that – great building and a great location, but it seems that the lower floor doesn’t have as much natural light as the upper floors.
i lvoe the location, building and sq. ftooge and may go and take a look at this one in person. There is one thing that is a bit scary from photos. The ceiling look s to be 7-8 ft. i am 6ft and wouldn’t be too comfortable with ceilings less than 9ft.
How can the ceilings look like 7-8 feet when the top of the built in refrigerator (the top of the grill over the door) is 7 feet in this type of built-in? The ceilings are at least 9 feet, clearly. Love drive by baseless comments…
WOW!
My husband and I went to the open house on Sunday. What a great place – some areas very open, with the convenience of having privacy in other areas.
Being an artist I felt like I was in an art gallery.
Tina
tom,
my comments were based on the crappy pictures on the MLS listing. The ceilings do look very low in the pictures.