August 23, 2012
See How 38 Harriet's 23 Prefab Studio Units Are Stacking Up In SF
Originally expecting to sell the 310 to 340 square foot studio units for $200,000 to $275,000 when first proposed back in 2010, the development is now slated to be rentals.
UPDATE: The Business Times is reporting target rents of about $1,500, closer to $5 per square foot. We'll keep you posted and plugged-in.
UPDATE: Another interior rendering in response to a reader's quesiton about the kitchen:
First Published: August 23, 2012 4:15 PM
Comments from "Plugged In" Readers
At $6.00 per sq. foot, that's $2,000+ rent for a tiny studio and living in a funky neighborhood.
I don't see it happening.
For similar rent you can find something in the trendy Mission/Valencia area, or even Alamo Square/NOPA.
[Editor's Note: The Business Times is reporting target rents of about $1,500, closer to $5.00 per square foot.]
Posted by: Jackson at August 23, 2012 4:29 PM
SCOOP BY SOCCERMOM!!!!!!!!!!!!!!!!!
I gotta get back to that open house up at Surrey.
Posted by: soccermom at August 23, 2012 8:12 PM
Soccermom is killing it!
Posted by: R at August 24, 2012 8:32 AM
ExtendedStay branded studios on the Peninsula rent for around $2500 a month, and South of Market is hot with the same crowd for the same reasons.
Posted by: Mole Man at August 24, 2012 9:14 AM
These floor plans are about as good as you can get for the [square feet]... but still unacceptable. This is kind of bottom-of-the-barrel apartment solution...
I bet in the next 5 years... someone buys two of these at market rate and cuts a hole through the wall and makes a proper condo out of em.
Posted by: Rob at August 24, 2012 9:26 AM
Is it me or do others find it wasteful that each unit will have their own washer/dryer? A waste of space and resources. Can they just put in a common laundry room onsite?
These sound more and more like a short apartment stays for tourists and visiting workers (ie. one month or less) than anything else.
Posted by: Live Smart at August 24, 2012 10:37 AM
I've lived (with 2 other people) in a 625sq ft 2/1 and a 816 sq ft 2/1, both came with in unit washer and dryer. Not having to carry your laundry down to a common laundry room and having to make sure you get your stuff out and moved along before someone else comes along and dumps your clothes on the table/floor so they can use the machine was well worth the space it took up in the unit. I do not consider it wasteful at all. In unit laundry is at the very top of my 'must have' list.
Posted by: Rillion at August 24, 2012 10:56 AM
i'm having a crush on soccermom. *swoon
Posted by: jack at August 24, 2012 10:58 AM
Is there a kitchen/cooking area? I don't see one in the renderings
Posted by: badlydrawnbear at August 24, 2012 12:37 PM
Is there a kitchen/cooking area?
There's a galley kitchen along the wall opposite the bed(s). Follow the rendering link above or see the newly added rendering.
Posted by: SocketSite at August 24, 2012 1:10 PM
"Is it me or do others find it wasteful that each unit will have their own washer/dryer?"
Surely you jest!
Having a W/D in a unit this size is what will enable the investors to get top rents because competition is virtually nonexistent. There are way too many functionally obsolete rentals in the Bay Area without W/D or even connections.
Not sure why anyone beyond the age of, say graduate school, would want to live in a place without a W/D - I never have and hope I never have to. Even if I won the lottery and could afford to send everything to the cleaners I'd still want a W/D!
The prospective renters for this place should be thankful they won't have to compete with you. But likely hundreds of thousands of others in this metro are scratching their heads in wonder at your comment.
Posted by: GoodBuyBadTimes at August 25, 2012 12:50 PM
I lived in an apartment in Tokyo smaller than this. It had its own washing machine on the balcony - agree it's a must have. The layout was similar and I had no issues adjusting to the size. In order to make maximum use of space some of these small Tokyo apartments (though not mine) had the bed in a loft platform.
For a single person, it can be a great solution.
Posted by: George at February 18, 2013 12:18 AM
Done and rented, $5.42 per square foot.
Posted by: soccermom at April 3, 2013 11:09 AM
Building now for sale with CBRE.
Posted by: soccermom at June 22, 2013 9:38 AM