Articles Recently Tagged: Flipping

(27 posts)
Emergency Demolition of a Newly Renovated $2.2M Home

Emergency Demolition of a Newly Renovated $2.2M Home

Flipped for $2.2 million three months ago, an emergency demolition of the “totally renovated” Sherwood Forest home at 256 Casitas Avenue is underway in order to keep it from sliding down the hillside on which it’s perched and crushing the home below. A neighbor first noticed signs of a... Read More »

Following up on a Trio of Unfinished Flips

Following up on a Trio of Unfinished Flips

Purchased for $1.525 million in 2013, plans to expand the Bernal Heights view-home on an oversized lot at 233 Franconia Street by over 60 percent have since been approved and permitted and the home has been gutted. Listed for $1.895 million this past October and reduced to $1.795 million... Read More »

Developer Flips Dolores Heights Duplex for a Loss

Developer Flips Dolores Heights Duplex for a Loss

Purchased as a vacant two-unit building on an idyllic block, with “period details and wood floors throughout,” for $2.1 million in May of 2014, the Liberty Hill duplex at 4121-4123 20th Street returned to the market this past September listed for $2.25 million with a mostly gutted lower level,... Read More »

An Uptick In Listings, And Reductions, For Unfinished Flips

An Uptick In Listings, And Reductions, For Unfinished Flips

The Cole Valley Victorian at 164 Belvedere Street, which was purchased for $1.995 million last year, has been gutted, the lot excavated to expand the home, and a new foundation has been poured. And today, the unfinished project is now back on the market and listed for $3.5 million... Read More »

Perfectly Timed And Flipped

Perfectly Timed And Flipped

While the “rarely available” two-bedroom condo at 101 Lombard just sold for $25K less than five months ago, the sale of the single-family home at 1636 Diamond Street has closed escrow with a reported contract price of $3.5 million, $1.52 million more than in late 2011 when it first... Read More »

Half The Lot And Twice The Price ($10M) In Old Palo Alto

Half The Lot And Twice The Price ($10M) In Old Palo Alto

According to the MLS, the sale of the Old Palo Alto home at 1935 Webster has closed escrow with a reported contract price of $10 million. As we wrote when the home hit the market two months ago: A 3,000 square-foot fixer on a large Palo Alto lot raised... Read More »

Plans For 76 Micro-Units And A Multi-Million Dollar Flip

Plans For 76 Micro-Units And A Multi-Million Dollar Flip

As we first reported last August: The long-standing 10th Street Car Wash at the corner of Harrison and 10th which has occupied the Western SoMa site since 1969 is in contract to be sold and plans to develop the parcel have just been submitted to Planning. As proposed, a five... Read More »

Still Expensive Atop Linea, But A Little Less So Than Before

Still Expensive Atop Linea, But A Little Less So Than Before

Three months ago, a two-bedroom condo at Linea, the listing for which boasted “perhaps the best floor plan” in the building along Market at Buchanan was flipped for $1,266 per square foot. Two months ago, another two-bedroom at 8 Buchanan, the listing for which boasted “by far the best layout... Read More »

From A $5M Fixer To A $10M Ranch, And That’s Just The Half Of It

From A $5M Fixer To A $10M Ranch, And That’s Just The Half Of It

A 3,000 square-foot fixer on a large Palo Alto lot raised a few eyebrows when it was listed for $6.5 million and sold for five million early last year. And with the home having since been rebuilt as a 6,000 square-foot “Napa Style” ranch house for which they’re now asking... Read More »

Three Months Later And Flipped For $2.3 Million More

Three Months Later And Flipped For $2.3 Million More

Purchased as a three-unit building for $2.6 million three months ago and quickly remodeled as a “lavish” single-family home with gold fixtures, marble countertops and a La Cornue range in the kitchen; an outdoor living room complete with a television mounted over the new gas fireplace out back; and... Read More »