Bay Oaks (4800 Third) BMR Round Two (Or Three)

Bay Oaks (4800 Third) BMR Round Two (Or Three)

Bay Oaks (4800 Third Street) consists of eighteen below market rate (BMR) units over 2,100 square feet of ground floor retail and parking for eleven cars. It’s also conveniently located across the street from a Third Street light rail stop. In the words of the architect: The site reclaims... Read More »

Union Update: 66 Of 76 Condos (86 Percent) Closed Or In Contract

Sixty-six (66) of the seventy-six (76) condos at Union (2101/2125 Bryant) are now in contract or closed (86 percent). Of the ten remaining units, nine are three-bedrooms with asking prices currently ranging from $775,000 to $870,000. “ staff tells me that the other thing that’s selling is the extra parking spaces, don’t know how Read More »

45 Rosewood Awakens From Its Slumber

45 Rosewood Awakens From Its Slumber

The sale of 45 Rosewood (“A dream home!“) closed escrow today with a reported contract price of $1,551,000 ($443 per square foot). At 7 percent “Over Asking!” an official “26 days on the market” and just $38,000 (2 percent) under its year 2006 sale price, the sale might be seen (and sold) as a rather Read More »

California High-Speed Rail Authority Thrown Under The Bus Train

The title of the California State Auditor’s report with respect to the management of California’s High Speed Rail initiative: “High-Speed Rail Authority: It Risks Delays or an Incomplete System Because of Inadequate Planning, Weak Oversight, and Lax Contract Management.” And yes, the Authority took exception to the title “but agreed with recommendations and outlined Read More »

587 Jersey: Spot The (Suggested) Difference

587 Jersey: Spot The (Suggested) Difference

It’s a reader’s suggested simple change to the newly remodeled façade of 587 Jersey. It might have been unsolicited, but it’s not unmerited as far as we’re concerned. ∙ Comments: Before And After (And “Year-Over-Year”) For 587 Jersey Read More »

14 New Leases On (And For) Life On Union Street

The first comment from our post entitled The Union Street Blues (“according to the Chronicle 35 businesses “went under from the start of 2008 through the second quarter of 2009 in the six blocks on Union Street between Octavia and Pierce” while 7 opened up”) four months ago: “There’s nothing price won’t fix.” From the Read More »

Mission District Streetscape Project: Final Plan And Declaration

Mission District Streetscape Project: Final Plan And Declaration

Chicanes, bulb-outs, bollards, green gutters, rain gardens, living streets, and road diets are all part of the proposed the Mission District Streetscape Project, the final plan for which is now online. The (MDSP) is the product of a community‐based planning process to identify opportunities for the implementation of potential improvements Read More »

Decorator Showcase Miss 2000 Repainted, Remodeled And Repriced

Decorator Showcase Miss 2000 Repainted, Remodeled And Repriced

It’s not yet listed on the MLS, but as a few plugged-in readers and tipsters alike have noted, 2601 Broadway has been repainted, repriced and returned to the market. Listed for $15,500,000 in 2009, asking $12,800,000 today. The nearly 10,000 square foot former Decorator Showcase Home (Miss 2000) features four car parking and a “newly Read More »

Fairmont Hotel Revitalization And Tower Rebuilding As Proposed

Fairmont Hotel Revitalization And Tower Rebuilding As Proposed

As is proposed for the “Fairmont Hotel Revitalization” and Residential Tower Project: The proposed project includes two main components: (1) renovation of portions of the historic 1906 Fairmont Hotel, a Landmark structure (City Landmark Number 185), which is also listed on the California and National Registers of Historic Places; and (2) the construction of a Read More »

Before And After (And “Year-Over-Year”) For 587 Jersey

Before And After (And “Year-Over-Year”) For 587 Jersey

Speaking of over in Noe Valley, 587 Jersey has just returned to the market following a soup to nuts remodeling and expansion of its living space. Purchased for $700,0000 a year ago as a one-bedroom, one-bath with 1,360 square feet, the single-family home is back on the market with four bedrooms, three and one-half baths, Read More »

Sales Office “Close Outs” (And Comps) At Arterra And Infinity

Originally asking $1,319,000 but listed on the MLS by the sales office for $1,059,000 five months ago, 300 Berry #1610 closed escrow yesterday with a reported contract price of $850,000. That’s $834 per square foot for the Arterra two-bedroom, two-bath penthouse with terrace (and 36 percent under its original ask). Over at Infinity the sale Read More »

Will The Eighth Time Be The Charm For 188 South Park Number Seven?

Will The Eighth Time Be The Charm For 188 South Park Number Seven?

As we wrote about the developer’s unit when listed for $1,995,000 in 2006: We’re suckers for a luxurious shower (and doubly so when it’s outside). So you can imagine our glee when we first noticed the five shower heads (including two separately controlled rain-heads and a steam function) in the his & her shower at Read More »

Noe Valley Close To Politely Removing Its Restaurant Cap

From the San Francisco Examiner with respect to the current cap on new full-service restaurants along 24th Street in Noe: With a unanimous vote Tuesday, the Board of Supervisors repealed the Noe Valley restriction, meaning restaurants need only conditional-use permits to open along the commercial stretch of 24th Street. The permit process requires a public Read More »

A 7 Percent Slide From 2005 To 2009…But Up 8 Percent Since?

A 7 Percent Slide From 2005 To 2009…But Up 8 Percent Since?

Purchased for $860,000 in May 2005, the renovated single-family home at 1409 20th Street returned to the market as a “pocket listing” asking $949,000 in early 2009 before being listed for $899,000 in February 2009. As we wrote at the time: A sale at asking would represent average annual appreciation of 1.5% over the past Read More »

A Winner’s Curse That Has Yet To Be Cured

A Winner’s Curse That Has Yet To Be Cured

As we wrote this past August: A renovated Victorian at 819 Haight Street hit the market in 2005 asking $1,395,000, it sold for $1,635,000 ($240,000 over asking). No word on what role the buyer’s agent played in advising their client on how to “win” in a competitive situation (“pay more!”). As a plugged-in tipster notes, Read More »