April 9, 2013

Additional Parking With The Flip (Of A Switch)

3052 Octavia Street (www.SocketSite.com)

Purchased for $1,650,000 in September 2011, the Cow Hollow home at 3052 Octavia has undergone a "top-to-bottom renovation" including a new foundation, facade, and interior.

3052%20Octavia%20Kitchen.jpg

And with a car lift installed in the garage, the listing touts two to three parking spaces:

3052%20Octavia%20Garage.jpg

Now measuring 3,884 square feet, the property is back on the market for $3,999,000.

And speaking of measuring and two to three, you might want to measure twice, if not three times, before you flip that switch if you're rolling in a SUV.

∙ Listing: 3052 Octavia Street (4/5) 3,884 sqft - $3,999,000 [3052octavia.com]

First Published: April 9, 2013 9:30 AM

Comments from "Plugged In" Readers

4 million to live 25 ft from Lombard? Hmmm...

A lot of weird things here... Bizarre floor plan. Odd lighting choices... and whats with the vents in the ceiling above the bed?

Posted by: Denis at April 9, 2013 10:06 AM

Great "before" photo of this place at Google Street View...

Posted by: FormerAptBroker at April 9, 2013 10:40 AM

I hope that thing is bolted to the floor properly. With one arm at the side carrying all the weight of the car there is a lot of torque on the bottom of the arm.

Posted by: fred at April 9, 2013 10:58 AM

Oh, okay. 18 months and nearly $2.5 [million more]. Looking for the bubble, looking for the bubble...

Posted by: Mark at April 9, 2013 11:17 AM

Is that a dungeon under the garage?

Posted by: noodle at April 9, 2013 11:24 AM

Remember. One bubble ends and another one starts.

Posted by: inclinejj at April 9, 2013 1:14 PM

Is it the angle of the photo, or does that car lift look like it would push any car through the ceiling?

Posted by: hugh at April 9, 2013 1:15 PM

I can't believe they are going to ask $4 mil and left the facade looking like that.

Posted by: lyqwyd at April 9, 2013 2:19 PM

Facade before renovation: http://goo.gl/maps/tK4Ay

Posted by: TimeMachine at April 9, 2013 2:45 PM

Yeah, I saw that, they made some improvements, but it doesn't look like they finished the job... you can see some of the same dirt stains on the stucco in the before and after pics.

Posted by: lyqwyd at April 9, 2013 2:59 PM

If I had 4m, I'd be shopping a better location. Too close to the busy part of Lombard.

Posted by: wc1 at April 9, 2013 5:13 PM

Terrible web sit to navigate. With all the fast and easy real estate software out there why use this awkward method?

Posted by: Navigator at April 9, 2013 6:16 PM

You'll know it's a bubble when these things start pricing in bitcoins.

Posted by: noodle at April 9, 2013 6:36 PM

Looks okay, and there is a lot of space here but it doesn't impress for $4M.

Posted by: Mark F. at April 9, 2013 6:49 PM

You'd be surprised that some of those lifts can be mobile. Doesn't have to be bolted to the floor. Weight distribution is a beautiful thing. That said, a 'Vette or something of similar height would be the only thing allowed on it.

Question is - why aren't there 2 lifts? Thus turning this into a 4 car garage?

Posted by: md at April 10, 2013 4:30 PM

I can actually comment on this; I installed a scissor lift in my garage, it's portable but recessed.

the common lifts for extra spots are four post lifts, which anchor to concrete and can support an SUV, or more.

height, and width are the issues, two post lifts, besides being imbalanced, IMO, don't allow the doors to open without hitting the posts. a four poster buys you a stable parking spot, but couldn't be fit well in this space.

begs the question, is this a legacy built in from a bygone era?

if its new, sorry to say, it's a really stupid idea.

Posted by: BillyBalls at April 10, 2013 11:07 PM

Well something interesting is going on here. Check out Listing 408780 on the MLS.

First, the paint scheme on the facade changed; the whatever-the-sellers-did-to-bastardize-the-original-bays now have a contrasting color scheme.

Oh, and the asking price dropped over 14%. It's too early to tell, but perhaps buyers aren't going to pay a premium to remuddlers for uglifying traditional homes anymore. We'll see.

Posted by: Brahma (incensed renter) at July 16, 2013 5:37 AM

Sold 3.1 million. 800k under initial asking.

Posted by: Denis at October 25, 2013 4:12 PM

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