A Tangerine Stinson Beach Dream

A Tangerine Stinson Beach Dream

Having sold his Billionaires Row home in San Francisco to the Trainas for a record setting $35 million last year, former Tangerine Dream keyboardist turned real estate and natural resource investor, Peter Baumann, is now aiming to sell his contemporary Stinson Beach pad for $7.5 million. Baumann purchased the... Read More »

Supersized Sunnyside Safeway Slated For Approval(s)

Supersized Sunnyside Safeway Slated For Approval(s)

In the works for over seven years, the plans to overhaul and supersize the outdated Sunnyside Safeway at 625 Monterey Boulevard could finally be approved this week.  As proposed, the store will be expanded from 19,000 to 45,000 square feet, building across the store’s existing surface parking lot and... Read More »

Up Over 50 Percent Since 2011, Will A Marquee Flip Now Flop?

Up Over 50 Percent Since 2011, Will A Marquee Flip Now Flop?

Listed for $1.399 million this past March, the two-level penthouse unit #807 atop The Marquee at 151 Alice B. Toklas Place (a.k.a. the former Cadillac building or AMC Van Ness) ended up selling for $1.25 million in June.  And in July, the condo briefly returned to the market listed... Read More »

How People Commute To Work In San Francisco

How People Commute To Work In San Francisco

The way in which employees in San Francisco commute to work has changed a little but not a lot since 2008, with the share of those driving alone having dropped from 37 percent to 35 percent in 2013 and the share of those taking transit rising to 38 percent... Read More »

San Francisco’s Tech Sector Nearly Doubles In Four Years, But…

According to the Planning Department’s latest Commerce and Industry Inventory report for San Francisco, employment within the city’s tech sector has grown by almost 91% since 2009 – up from 19,700 to 37,600 jobs in 2013 – but still represents a fairly small proportion (6 percent) of total employment... Read More »

Minor’s Major Mansion Withdrawn From The Market

Minor’s Major Mansion Withdrawn From The Market

Despite a million dollar price cut earlier this year, and having last been listed for $18 million versus the $20 million which was paid for the Presidio Heights property in 2007, the listing for Halesy Minor’s 18,000 square foot mansion at 3800 Washington and its adjacent 2,600 square foot guesthouse... Read More »

Top 5 Reasons For Renting, And Factors For Buying A Home

According to a Freddie Mac commissioned Harris Poll of around two thousand adults, a third of which were renters, the top five favorable factors for renting versus owning a home are: Provides freedom from home maintenance responsibilities Allows more flexibility over where you live Protects against home price declines... Read More »

Take 2.0 For Mission District Development Disapproved In 2010

Take 2.0 For Mission District Development Disapproved In 2010

The plans to raze the existing one-story warehouse on the northwest corner of 15th and Shotwell and build a five-story building with 23 condos on the Mission District lot are slated to be approved this week, a plan which was disapproved in 2010 when a four-story building with ten... Read More »

Central SoMa Subway Site Could Sprout A Tower Too

Central SoMa Subway Site Could Sprout A Tower Too

The former gas station at Folsom and Fourth is long-gone and construction is well underway for the Yerba Buena/Moscone Station of San Francisco’s future Central Subway.  But that’s not all that could rise on the centrally located site, a site which is currently zoned for development up to 130-feet... Read More »

Designs For Six Stories At Brannan And Fourth

Designs For Six Stories At Brannan And Fourth

The designs for the proposed six-story office building to “rise” at 501-505 Brannan Street will be presented to San Francisco’s Planning Commission for approval next week.  As we wrote about the project last month: Speaking of development along San Francisco’s emergent Fourth Street Transit spine, while the City’s Central SoMa... Read More »

Calling All ‘Makers’ With $14M To Spare

Calling All ‘Makers’ With $14M To Spare

Purchased for $13.5 million in 2005 when listed for $14 million, the “modern high-tech home” at 240 Cinnabar Road sits upon 3 acres of land in the hills of Woodside, with views north to San Francisco and the East Bay hills. Designed by commercial architect Carasco & Associates of... Read More »

Bayview Opening Up To Microbreweries

Bayview Opening Up To Microbreweries

Citing “an unusually large number of establishments dispensing alcoholic beverages, including beer and wine, for both on-site and off-site consumption in the Bayview area,” the existence of which “appears to contribute directly to numerous peace, health, safety and general welfare problems,” legislation prohibiting any new alcohol related establishments or... Read More »

Caltrain Report Confirms Ballooning Budget And Project Delays

Caltrain Report Confirms Ballooning Budget And Project Delays

As we first reported last month: Originally expected to cost $1.5 billion and be operational in 2019, the budget to electrify Caltrain and install a new signaling system has be revised upward by at least $200 million and the likely date that the first electric train will be put... Read More »

Mortgage Rates Back Below 4 Percent, Lowest Since Mid-2013

Mortgage Rates Back Below 4 Percent, Lowest Since Mid-2013

Having ticked up to just over 4 percent last month, the average rate for a conforming 30-year fixed-rate mortgage has dropped to 3.89 percent, the lowest level since May 2013 and 57 basis points below the 4.46 percent rate at the same time last year. Averaging around 6.7 percent... Read More »

Noe Valley Compound Gains 43% In Four Years

Noe Valley Compound Gains 43% In Four Years

Purchased for $1,610,000 in 2011 following a down to the studs renovation and expansion, the seven-bedroom compound at 676 San Jose Avenue returned to the market this past September listed for $2,495,000. Reduced to $2,295,000 in October, the sale of 676 San Jose closed escrow yesterday with a reported contract... Read More »