SocketSite™

for $6+ mil I'd expect some outdoor living space.....

I think this is the lowest condo in that building, but I don't think that will matter. It looks lovely; it's well priced; and it's one of the most desirable condo buildings in Pacific Heights (along with its neighbor 2006 Washington).

Although I dislike the kitchen, otherwise I really think this is a stunning place.

I'm always amazed at how much some of these properties cost... but this is truly a luxury property so the typical rules simply do not apply. (it's like a $400 bottle of wine or a $15k shower curtain)

Look at it this way, for $6MM you get to borrow a cup of sugar from Danielle Steele.

They stripped out all the detail from a beautiful old building and it's the ground floor unit on Gough (granted this is the 2way section of Gough so it's nowhere near as bad, but it's still busy with all the cars reving their engines trying to get up and over the top of the hill and/or while waiting for the light to change). I'll pass...

That's phenomenal workmanship in an A+++ building. Ground floor and Gough street aren't doing anything for me, and neither is the Kitchen, but the materials and workmanship in the photos make it appears as though it's worth every bit of the asking price.

The "typical rules" DO apply, that typical rule being the 80/20 rule. To get past the top 80th percentile, means you go way over the 20th percentile in terms of cost. And that hits hard if you want that sort of thing. Look at the ceilings: that's the give away that they probably went went past the 80th percentile.

For 2K per month, you get a doorman in a SEVEN unit building: shared only 7 ways, you practically get your own assistant, which is a bargain for $2K per month.

If it doesn't sell at asking, it's going to go for pretty close.

its a great bldg but for the ground floor unit i will be amazed if they get 6 mil

The 6th floor at 2000 Washington sold recently for $10,000,000.

The first floor for $6.25 is a steal.

Frederick

Tipster, 80/20 rule in terms of pricing, remodeling? Sorry, I don't understand your post, can you elaborate? Thanks.

It's finally in contract...