Articles Recently Tagged: Upper Market

(22 posts)
Judge Rules In Epic Battle Over Prominent Market And Castro Site

Judge Rules In Epic Battle Over Prominent Market And Castro Site

Approved for the development of a six-story building back in 2013, with 24 residential units over ground floor retail and a 14-car garage to rise, the prominent gas station site on the northwest corner of Castro and Market has been locked in an epic legal battle ever since. And after two years... Read More »

House With Landmark Giant Sequoia Sells For $2.325M

House With Landmark Giant Sequoia Sells For $2.325M

Purchased as a half-finished project for $951,000 in cash on the courthouse steps in 2014, Maven Investments was planning to chop down the 75-foot-tall redwood tree behind the Corona Heights home at 3066 Market Street in order to provide a more “open aesthetic” and “family friendly” backyard for its... Read More »

Castro & Upper Market Retail Strategy Report

Castro & Upper Market Retail Strategy Report

There are currently around 30 vacant retail spaces along the Castro and Upper Market retail corridor and the vacancy rate is hovering around 8 percent, nearly twice the city’s overall average. Inactive storefronts are offering refuge to an increasing number of homeless people and wearing on the area’s image,... Read More »

Upper Market Penthouse Sale Hints At Slowdown

Upper Market Penthouse Sale Hints At Slowdown

Purchased for $949,000 in April of 2014, the one-bedroom penthouse unit #504 atop The Century at 2200 Market Street has re-sold with a reported contract price of $1,025,018 having been re-listed for $999,000 this past May. On an apples-to-apples basis, that’s equal to average annual appreciation of 6.5 percent... Read More »

$200K Trimmed From Sequoia House, Giant Mystery Solved

$200K Trimmed From Sequoia House, Giant Mystery Solved

Listed for $2.595 million last month, the asking price for the ironically dubbed “Sequoia House” at 3066 Market Street has been trimmed by $200K. And with respect to how the landmark Giant Sequoia, whose native range is well above sea level in the Sierra Nevada, came to be in the... Read More »

No Sale For Upper Market Penthouse Despite Sub-2014 Price

No Sale For Upper Market Penthouse Despite Sub-2014 Price

Purchased for $949,000 a year ago last week, the one-bedroom condo #504 atop The Century at 2200 Market Street has been on the market for three months asking $899,000. Yesterday, the listing for #504 was withdrawn from the MLS without a reported sale. A sale at asking would have... Read More »

New Plans To Transform Prominent Market Street Site

New Plans To Transform Prominent Market Street Site

With the sale of the 1965 Market Street site having closed escrow, the plans for an 88-unit building to rise up to 85-feet (eight stories) in height behind the existing stucco façades at the intersection of Market and Duboce, and up to 50-feet in height atop the site’s parking... Read More »

Ironically Dubbed “Sequoia House” On The Market For $2.6M

Ironically Dubbed “Sequoia House” On The Market For $2.6M

Purchased as a half-finished project for $951,000 in cash on the courthouse steps in early 2014, the Upper Market home at 3066 Market Street has just returned to the market in a fully-finished state and listed for $2,595,000 ($1,040 per square foot). While Maven Investments was planning to chop... Read More »

Price Cuts For Upper Market Penthouse And A Problematic Comp?

Price Cuts For Upper Market Penthouse And A Problematic Comp?

While a one-bedroom “penthouse” condo on the fifth floor of The Century (2200 Market Street) flew off the market ten months ago for $101,000 more than the $949,000 that was paid for the unit in April of 2014, another fifth floor unit, which was also purchased for $949,000 last... Read More »

Draft Design For Building To Replace Historic Market Street Bar

Draft Design For Building To Replace Historic Market Street Bar

As we first reported earlier this week, a new set of plans have been submitted to Planning for a proposed five-story residential building to rise across the Market Street site which includes the Lucky 13 bar and adjacent patio and parking lot. In order to make way for the... Read More »