May 23, 2011
Apples-To-Apples And Year-Over-Year At 110 Avila
Last remodeled in 2007 and recently re-roofed, a year ago 110 Avila hit the market in the Marina listed for $2,795,000. It sold for $2,550,000 ($877 per square foot) last June.
Three bedrooms, three and one-half baths, a high-end kitchen and "outdoor spaces galore" with Golden Gate Bridge tower views from its roof deck.
Back on the market and once again listed for $2,795,000 today.
First Published: May 23, 2011 9:30 AM
Comments from "Plugged In" Readers
Roof 'platform' they mean, someone really worked the camera angle on that one.
The outdoor space consists of a tiny dark rear garden staring at the back of an apartment building that towers over the house.
Walked this yesterday, seems way over priced. Maybe the new roof cost $245,000, that must be it.
Posted by: anon at May 23, 2011 9:42 AM
Maybe I can buy this with my LinkedIn stock gains! I finally elbowed the crowd aside and got in at 122.70. It's a bubble you know. Bubbles mean prices are going one way: UP!
Let me check...
Down again? Dang! One more of these bubbles ought to deplete my savings for good, and then where am I going to get my 25% down for a place this sweet?
I can just imagine some LinkedIn celebratory beer parties on that beautiful "deck" and you get a little tipsy and whuh-oh...whoah....
Shoot! Another unpermitted only-in-San Francisco "addition" hazard.
Posted by: tipster at May 23, 2011 9:59 AM
Wait...you can *build* on those tar-paper and gravel roofs? I have a feeling my apartment's roof is going to get a party zone this summer.
Posted by: EH at May 23, 2011 10:06 AM
I saw this when it was listed last year. It was overpriced back then, and is even more overpriced now.
Posted by: Sarah at May 23, 2011 10:36 AM
a few minutes on google sure makes it seem like mommy helped her 24 yr old daughter buy a $2.55M house in the marina. now at 25 she is selling expecting a profit?
best of luck. i haven't seen the comps on avila in person lately but i think low $2's is more likely.
Posted by: resp at May 23, 2011 10:39 AM
OK, it is overpriced, but it's functionally a 4-bedroom. The larger den has a window and you can put an armoire in there as well.
That stupid wine closet, though... was it really more necessary than a coat closet?
Posted by: asiagoSF at May 23, 2011 10:41 AM
I wonder how this compares to 134 Alhambra, a 3/3 with 2599 sqft (+ 1048 unfinished sqft)around the corner, which sold last month for closer to $2.076M:
110 Avila has been sold several times in the last few years:
$1.600M May 2000
$1.539 Aug 2001
$2.200 Apr 2004
$2.295 Feb 2005 -- this buyer did the remodeling work, and it looks like most other permitted work was done before 2000
I do believe this is a trust fund baby-type scenario as resp said. It might have been a graduation present. The dad is the CFO of Chesapeake Energy.
Speaking of permits, I wonder if all the space in this house is permitted. The tax record says 2348 sqft. Anyone know anything about this? "This lot is in a block that has the potential to flood during storms."
Posted by: sfrenegade at May 23, 2011 1:14 PM
Were those photos taken by the world's shortest photographer? What a weird camera angle, taken from about 3 feet off the ground. Really disorienting.
Posted by: Scooter at May 23, 2011 8:46 PM
Three feet off the ground is normal eye level for a seated person. That's a familiar perspective.
Posted by: The Milkshake of Despair at May 23, 2011 9:56 PM
A familiar perspective yes, because you will be on all fours up on the 'platform' if you can brave the climb up there, with the lack of railings and circular stairway sized for midgets. I did it, but my hat blew off so I had to go all the way up to retrieve it.
Alhambra has a backyard, albeit north facing.
$2,200,000 I'm thinking for this.
Posted by: anon at May 24, 2011 9:14 AM
In contract. Wow. The greater fool does exist.
Posted by: anon at May 24, 2011 11:46 AM
I just noticed that this kitchen has a commercial spray boom over the sink. I'd love to have one of those because it makes washing the dishes a lot easier. But you'd have to wash carefully because those things can spray all over the place.
Posted by: The Milkshake of Despair at May 24, 2011 12:50 PM
110 Avila has fallen out of contract and is once again active and available.
Posted by: SocketSite at June 10, 2011 9:31 AM
Posted by: eddy at June 28, 2011 12:43 PM
The sale of 110 Avila has closed escrow: A Magnificent Mediterranean Marina Home Falls Into Our Apple Cart.
Posted by: SocketSite at July 6, 2011 5:14 AM