Articles Filed Under: Rentals

(368 posts)
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 »

SF and Oakland Rents Down, Relative Premium Up

SF and Oakland Rents Down, Relative Premium Up

Following the trend we first noticed forming twelve months ago, asking rents for apartments in San Francisco and Oakland have dropped over the past year. In fact, based on a comparison of nearly 3,000 listings, the weighted average asking rent for an apartment in San Francisco (including one-off rentals... Read More »

The Public Art to Adorn 33 Tehama in the Transbay

The Public Art to Adorn 33 Tehama in the Transbay

The refined designs for the public art to adorn the 35-story, 403-unit apartment building nearing completion at 33 Tehama Street (a.k.a. 41 Tehama) will be presented to San Francisco’s Planning Commission on Thursday afternoon. Yayoi Kusama’s Flowers That Bloom At Midnight sculpture will be set on a base in... Read More »

S.F. Sues Owner and Operator of Dungeon-Like Death Trap

S.F. Sues Owner and Operator of Dungeon-Like Death Trap

A warren of 20 illegally constructed rental units were discovered in the basement of the Clean Wash Center building at 4680-4690 Mission Street, on the border of Mission Terrace and the Excelsior, earlier this year. Built in the building’s former garage and constructed of wood-framed partitions – with two... Read More »

Rents in San Francisco Lower Than at the Same Time Last Year

Rents in San Francisco Lower Than at the Same Time Last Year

Based on a comparison of over 2,000 listings in San Francisco proper, including one-off rentals as well as units in larger developments, the weighted average asking rent for an apartment in San Francisco is currently running around $4,250 a month ($3,400 for a one-bedroom), which is 1.9 percent below... Read More »

Eviction Law Amendments Could Hold Landlords More Accountable

San Francisco’s Rent Stabilization and Arbitration Ordinance allows landlords of rent-controlled units to legally evict their tenants without cause, if said eviction is intended to allow the landlord or landlord’s family to occupy the apartment as their principal place of residence. Under the terms of an Owner Move-In (“OMI”)... Read More »

From Great Expectations to Listed at a Loss on Mint Plaza

From Great Expectations to Listed at a Loss on Mint Plaza

Purchased for $1.5 million in October 2014, the “Manhattan-like industrial condo” unit #1 at 10 Mint Plaza – which features high-gloss concrete floors, exposed beams and high ceilings, high-end finishes, and direct elevator access to the full-floor unit in the Silver Building – was then offered as a high-end,... Read More »

Predator Landlord Fined $2.4 Million, Evictions Voided

A Superior Court Judge has ruled against Anne Kihagi, the predator landlord who was sued by the City of San Francisco for waging an ongoing war of “harassment, intimidation, and retaliation” against dozens of rent-controlled tenants in an attempt to raise her rent-roll by illegally evicting tenants in the... Read More »

Airbnb Settles with San Francisco, Law Limiting Listings to Take Effect

Airbnb and HomeAway have agreed to dismiss their legal challenge of San Francisco’s new short-term rental law which restricts units that haven’t been registered with San Francisco’s Office of Short-Term Rentals from being listed on their sites and to provide a mechanism for easily verifying said registrations. The requirements... Read More »

Twenty Years of Eviction History in San Francisco

Twenty Years of Eviction History in San Francisco

An aggregation of the Rent Board’s last twenty years of annual reporting, from March of 1997 to February 2017, provides a broader perspective with respect to eviction notice trends in San Francisco. While notices specifically related to Owner Move-In and Ellis Act evictions had been trending up in the... Read More »