Purchased for $765,000 in December of 2005, the 1,500 square-foot single-family home at 1554 19th Avenue was foreclosed upon last July and listed by the bank’s agent for $1,017,500 this past December.
And with six price cuts over the past five months, the list price for the Inner Sunset home is now $699,900, down from the $749,900 price at which it had been listed for a month.
That being said, and as we noted after the first price cut to $949,900, the listing still notes that the tenants are “not cooperating.” And for some strange reason, the tenants “do not want to provide interior access at this time.”
From the listing at Redfin “Bank Owned !!! Close to Many Amenities, such as Shopping Malls, Shopping Centers, Schools, Parks and Public Transportation. Note: Limited data available, tenants not cooperating, do not want to provide interior access at this time”
Of course the foreclosed upon tenants (it wouldn’t surprise me if the folks in the house were the original owners) want a buyout. It’s the San Francisco way.
Since due to foreclosure the Bank has assumed ownership can’t they, with proper notice to the tenants, legally demand access for maintenance inspection?
Also, the photo is a perfect example of why the City should prohibit paving over front yards.
Paving over front yards? Welcome to the Sunset. Even though it’s supposedly illegal I constantly see fresh concrete covering entire front yards, turning them into parking lots. I thought that was illegal as well…parking your vehicle in your “yard” regardless of whether it’s grass, native plantings, sand/dust/rock or cement. Best yet are the rusted out cars up on blocks. Classy. I expect that in suburban Buffalo where I grew up.
Heck, if anything that little bush makes this a verdant oasis compared to most Sunset “yards”.
Amenity bush like that in Sunset is worth 500k
The building inspectors who we pay for, are aware of this problem, but constantly just look the other way. They are either being “paid off”, or are inside buddies with neighbors, or just not doing their job.
It is really disgusting to see this continue. I think it’s also partially a “cultural” thing to prefer concrete over landscaping.
Gophers, salty sand that does retain water well, on shore breezes, and pollution make it difficult to maintain a landscape in some parts of the Sunset. The SFPUC has programs to incentivize people to keep a permeable yard and get rid of the paving. You are right though, everyone wants that extra parking spot.
maintencnace of concrete doesnt require very much water in a severe drought. yards do. i think dealing with the drought is more important than the beautification of the sunset. pave it over!!!
@ moto – you cannot be serious.
Firstly, a nicely xeriscaped yard in our climate (which can include evergreen natives such as Monterey cypress, and imported evergeen plants such as bouganvilla) requires virtually no water.
Secondly, most idjits that I see with paved “lawns” hose them down on a regular basis to keep them clean – certainy using much more water than xeriscaping.
Thirdly, if you’re truly concerned about the drought then you’d want more porous surfaces (i.e., gardens), not hard surfaces that force the rain to run off to sewers and then the ocean.
That part of 19th Ave (Route 1) is no place humans should live. This is probably the WORST most toxic place to live in the city. I would take the scariest block of the Tenderloin before I would live here.
LOL…sure you would. A very high-density block with very high crime rates, 24/7 open-air drug use/dealing, various excrement and bodily fluids on the sidewalk at all times, run-down vermin-infested buildings, that’s filled with stressed out poor people, and doesn’t exactly have empty streets itself, sounds much less toxic than a busier street in an otherwise boring and quiet middle class area.
Actually as I considered Pioneer’s comment, I had to agree. In the Tenderloin, I could take pro-active steps to protect myself from the negatives, while being within walking distance of some of the best parts of the City. On 19th, no matter what I do I’m breathing in pollution (and being exposed to the constant drone of traffic, which is known to increase stress levels) – all while being walking distance to jack (and a long commute to downtown).
Huh? The house is 2.5 blocks to Irving corridor and 2.5 blocks to Noriega. Schools, daycares, library, restaurants, all fairly nearby. Even GG Park (but I speak as someone who is okay walking 0.5 miles). Close to Moraga street steps and nice views. Not quite jack. That said, still a superbusy corridor. That’s what a big fat price discount is for. Just the other side of this house’s fence and you’re paying 300K more.
I’m with Pioneer. Junkies and bums I can deal with. A 24-7 freeway right outside my living room? Not so much.
Lord help the kid whose ball bounces out onto 19th Avenue
it would be awesome if we could build an elevated freeway over what is now 19th ave to seprate traffic from people
The toughest part of being here is backing your car out of the garage/driveway and onto a very busy street.
you actually back it into the garage.
That’s the only way to park, IMO. Backing into your garage on 19th wouldn’t be too difficult, either. Just block your driveway until a red light, then back into your garage.
Good idea, I have never done this. I should try it with my own driveway so I can tear out like Batman.
Indeed. I’ve been backing into my garage and perpendicular parking spots for as long as I can remember. I think I may have even forgot how to park going in forwards. A few more seconds parking, but it lets you make a quick getaway when you want to leave.
I said this four months ago. Still true.
“If no one bought it at the trustee auction for 670K, and the bank hasn’t taken possession, it’s not really worth much more than that… Overpriced.”
How about this, “$400K for the house + $100K (and whatever the bank wants to chip in) to the tenants to move out, properety must be delivered vacant w/o vandalism ie. concrete poured down the pipes, etc. Will agree to look other way if bank wishes to employ more aggressive measures re tenants.”
“Tenants do not want to provide interior access at this time.” Which is illegal.
Sounds like a good price though. Maybe I’ll wander over every night at 3 AM and bang on their door and ask if I can come in to view the interior. After a few weeks of this, maybe they’re reconsider allowing viewing during normal business hours.
just be sure to wear your bulletproof vest
its a single family house. raise the rent to 8k a month. I doubt the tenants have been there since the 90s. problem solved
More to this than meets the eye. The bank’s listing agent and attorney would have advised them of all options, no? Who doesn’t want a few hundred thousand dollars on the balance sheet?
Constructive eviction.
Nothing an accidental gas leak won’t fix.
I doubt they’ve been paying rent.
In SF, there should be a checkbox for “Tenants” in all Pest Control reports.
Your comment wins the internet. Love it.
“Ah Jeez, looks like you got 2, maybe 3 tenants here. You’re looking at $15 to $20,000 just to get rid of them, and then you’ll have a lot of repair work to do.”
“And we gotta get the eggs out too. If we don’t, you’ll still have the same problem – for another 80 years or so.”
This place has a fun history.
Cautionary tale for landlords and tenants. Drugs are bad for you.
Actually drove by this place this morning. Car parked in the driveway is a Honda Fit purchased at Stockton Honda, from the @ plastic frames around the license plate.
House on one of the busiest streets in the City. No Thanks! Try opening your windows on a nice day and notice the layer of soot, dust and dirt that comes into the house!
Soccer Mom is right. Final bidding at the court house sales prices are through the roof.
House is overpriced!
UPDATE: Foreclosed Upon Inner Sunset Home (finally) Sells For Sub-2005 Price