Articles Filed Under: Bay Buildings

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SoMa Penthouse Nearly Fetches Its 2007 Price

SoMa Penthouse Nearly Fetches Its 2007 Price

Purchased for $850,000 in January of 2012, the two-story, 1,245-square-foot penthouse unit #827 at The Palms returned to the market listed for $1.399 million this past June. Reduced to $1.299 million and alternatively offered for rent at $5,450 a month, the sale of 555 4th Street #827 has now... Read More »

Plans for Prominent Market Street Site Qualify for Streamlined Review

Plans for Prominent Market Street Site Qualify for Streamlined Review

The big plans for a 96-unit building to rise up to 85 feet in height at the intersection of Market and Duboce, behind the historic façade of the former Gantner Brothers’ Funeral Home building at 1965 Market Street, have just qualified for a streamlined environmental review and approval. While... Read More »

Blanc de Blanc in Downtown San Francisco

Blanc de Blanc in Downtown San Francisco

Purchased as new for $1.275 million in February of 2014, the penultimate “penthouse” unit #1001 atop the Stanley Saitowitz designed boutique building at 1080 Sutter Street dubbed “Blanc” resold in December of 2015 for $1.450 million, representing total appreciation of 13.7 percent, or 7.2 percent per year, over those 22... Read More »

Hacked up Laurel Heights Home Returns at a Loss

Hacked up Laurel Heights Home Returns at a Loss

The former San Francisco home and studio space of the late Howard Hack has sat (mostly) vacant for over a decade, with interior walls that were purposefully (re)moved by the artist and a “profound” amount of deferred maintenance. Listed as a remarkable “blank canvas” after Hack’s passing for $1.2... Read More »

How Much Gas Does a Gas Station Pump in San Francisco? (ANSWERED)

How Much Gas Does a Gas Station Pump in San Francisco? (ANSWERED)

With plans for a 177-unit development to rise on the Divisadero Touchless Carwash and Roy’s Shell station site at the corner of Divisadero and Oak moving forward, and building on a larger trend, it’s time to see if perceptions match reality with respect to demand for gas and car... Read More »

Luxury One-Bedroom Fetches 0.8 Percent over Late 2015 Price

Luxury One-Bedroom Fetches 0.8 Percent over Late 2015 Price

Purchased for $1.25 million in December of 2015, the 941-square-foot Lumina unit #7E returned to the market priced at $1.359 million this past September, a sale at which would have represented total appreciation of 8.7 percent since the end of 2015 or roughly 4.9 percent per year on a... Read More »

Giants’ Development Pushed Back, Anchor Dropped from Plans

Giants’ Development Pushed Back, Anchor Dropped from Plans

The San Francisco Giants have pushed back the anticipated ground breaking for the first phase of their proposed Mission Rock Development to rise on AT&T Park’s Parking Lot A to “as early as 2019” or “as late as 2027.” And the Giants’ proposed redevelopment of Pier 48, upon which... Read More »

Over Asking Sale for a ClockTower Loft Fails to Fetch 2015 Price

Over Asking Sale for a ClockTower Loft Fails to Fetch 2015 Price

Purchased for an “over asking” price of $1.45 million in early 2015, the ClockTower loft unit #C322 at 461 2nd Street returned to the market this past April listed for $1.395 million or roughly $915 per square foot. Reduced to $1.3 million in June, the “sophisticated top floor live/work... Read More »

Iconic Goodwill Razed for First Hub District Tower to Rise

Iconic Goodwill Razed for First Hub District Tower to Rise

With the height and bulk limits for the proposed 550-unit apartment tower to rise on the former Goodwill site at the corner of Mission and South Van Ness Avenue having been raised and the building permits for the 396-foot-tall tower having been approved, the 1580 Mission Street site is... Read More »

Million Dollar Price Cut for Nicolas Cage’s Former Russian Hill Home

Million Dollar Price Cut for Nicolas Cage’s Former Russian Hill Home

As we first reported at the beginning of the year: Purchased by Nicolas Cage by way of an anonymous trust for $9.4 million back in 2006, the Russian Hill mansion at 898 Francisco Street resold for $8.5 million in July of 2008, which included the undeveloped lot fronting Hyde... Read More »