San Francisco Listed Housing Inventory Update: February 28, 2011

San Francisco Listed Housing Inventory Update: February 28, 2011

Inventory of listed single-family homes, condos, and TICs in San Francisco increased 1.1% over the past two weeks to 1,415 active listings. Over the past five years listed inventory levels have increased an average of 5.9% in San Francisco during the same two weeks. Current listed inventory is up... Read More »

Phelan Loop Sale On San Francisco’s Land Use Agenda This Afternoon

Phelan Loop Sale On San Francisco’s Land Use Agenda This Afternoon

Amongst the items the agenda for San Francisco’s Land Use and Economic Development Committee this afternoon, the sale of 25,772 square feet of the City owned parcel at Ocean and Phelan Avenues to the San Francisco Redevelopment Agency for $4,056,580. The transfer would help clear the way for the... Read More »

The Penthouse Atop 567 Vallejo Cuts To Just $1,874 Per Square Foot

The Penthouse Atop 567 Vallejo Cuts To Just $1,874 Per Square Foot

With pre-construction expectations of $7.5 million, in 2009 the 2,081 square foot penthouse atop 567 Vallejo was listed for $4,750,000 where it remained for about a year before being withdrawn from the MLS last April. Relisted two weeks ago for $4,300,000, the list price for the “never been lived... Read More »

While One Is Ready To Sell A Neighbor Seems A Little Less So

It’s a plugged-in tipster that notes a pair adjacent condos for sale at 3110 California. Purchased in November 2005 for $967,000, this past September 3110 California #2B returned to the market seeking $979,000. Reduced and relisted a few times since, they’re now asking $849,900 (12 percent below 2005) for... Read More »

Another $150,000 Flushed At Albion Castle (881 Innes Avenue)

Another $150,000 Flushed At Albion Castle (881 Innes Avenue)

As we wrote in January: While the $10,592 throne is still in place and the listing continues to advertise “seller financing available,” the asking price for the Albion Castle (881 Innes Avenue) has been reduced another $200,000 to $1,599,000 (151 thrones). Once again, the seller is a mortgage banker... Read More »

Steel, Glass And Wood Behind The Victorian Facade At 778 Clayton

Steel, Glass And Wood Behind The Victorian Facade At 778 Clayton

If you happened to tour the “Mork-Ulnes Design Clayton Street Residence” on the AIA’s 2009 San Francisco Living Home Tour, the address for which was correctly pre-identified by a plugged-in reader, you’ve already been inside. At the time, however, 778 Clayton wasn’t on the market. But today, the renovated... Read More »

Saitwowitz’s Yerba Buena Lofts (855 Folsom) Showcase Unit Returns

Saitwowitz’s Yerba Buena Lofts (855 Folsom) Showcase Unit Returns

One of twenty-one terrace units at the 200-unit Saitowitz designed Yerba Buena Lofts, one of fifteen with two full baths, 855 Folsom #539 was purchased new for $690,000 in 2002. Customized with dual 18 foot motorized shades (including blackout), a Norbert Wangen designed Boffi K2 kitchen island (sans the... Read More »

752 Carolina On Our Minds (For The Second Time In Three Years)

752 Carolina On Our Minds (For The Second Time In Three Years)

Its three wings and 3,455 square feet around a central courtyard and surrounded by gardens designed by Jeffery Miller were built across three adjacent Potrero Hill lots in 1997. Asking $3,000,000 in early 2008, the sale of 752 Carolina quickly closed escrow with a reported contract price of $3,120,000... Read More »

A Bank-Owned BMR (No, Not BMW) In Pacific Heights

2760 Sacramento #6 is a Below Market Rate (BMR) one-bedroom condo in Pacific heights which was purchased for $211,500 in February 2003 with restrictions limiting its future resale value and pool of buyers. Despite the aforementioned restrictions, the owner refinanced the condo with a $272,013 first mortgage in 2005... Read More »

2808 Broadway Becomes Official Gold Coast Inventory At $25M

2808 Broadway Becomes Official Gold Coast Inventory At $25M

As plugged-in people know, the Willis Polk designed home at 2808 Broadway has quietly been on the market with a $25,000,000 price tag. Last night, it was officially listed. The four bedroom listing count for the Gold Coast property doesn’t include the two-bedroom apartment below for staff. Other numbers:... Read More »

JustQuotes: 2008 Tenant Harassment Provisions Struck Down

“A state appeals court has struck down provisions of a voter-approved San Francisco law that allowed the city’s rent board to reduce payments from tenants whose landlords harassed them. The First District Court of Appeal in San Francisco left intact other parts of Proposition M, a November 2008 measure,... Read More »

Glen Park Plan, Arts Complex, And A Buena Vista Expansion Proposed

Glen Park Plan, Arts Complex, And A Buena Vista Expansion Proposed

While the Planning Commission reviewed the latest Glen Park Community Plan in a special session this morning, this afternoon the Commission will review a request to convert the two-story building at 140 9th street into an arts complex (“including two dwelling units, eight group housing units, and artist studio... Read More »

Esprit Park Two Years Later, Apples-To-Apples Style

Esprit Park Two Years Later, Apples-To-Apples Style

Public records suggest the Esprit Park two-bedroom known as 875 Indiana #515 sold for $1,250,000 in November of 2008, the same year the San Francisco Business Times named Esprit Park its “New Community of the Year.” It’s now two years later and the top floor condo is back on... Read More »

U.S. New Home Sales: Down 18.6% Year-Over-Year In January

The pace of new single-family home sales in the U.S. fell 12.6 percent from a revised annual rate of 325,000 in December 2010 to 284,000 last month, down 18.6 percent versus the 349,000 rate recorded in January 2010. Preliminary U.S. new home sales (versus pace) in January 2011 were... Read More »

Apples To Apples To Apples Again As 2312 Gough Returns

Apples To Apples To Apples Again As 2312 Gough Returns

As a plugged-in reader notes, “the beautifully remodeled Pacific Heights Victorian home” at 2312 Gough which was returned to the bank in early January with no bidders at $2,100,000 on the courthouse steps has been listed by the bank for $2,142,000. As plugged-in people know, the property sold for... Read More »