Having quietly hit the market priced at $28 million last year, the list price for the modernized Pacific Heights mansion at 2250 Vallejo Street was reduced by $3 million four months ago.
And on Friday, the sale of the now 9,100-square-foot pad closed escrow with a contract price of $21.8 million, including the furniture, making it the most expensive home sale in San Francisco this year.
Originally designed by the late local master architect James Francis Dunn and built in 1902, the then 7,300-square-foot mansion was converted into an eleven-unit building between 1943 and 1968.
In 2009, at which point ten of the units were controlled by the then owners and the one 1,600-square-foot unit in the basement was tenant occupied, an application to merge the ten units across the top three floors of the building was approved by the City.
And in 2012, the building was sold for $6.95 million, after which it was gutted, expanded, merged and remodeled with a decidedly modern/contemporary new interior by LA-based architect Paul McLean and the addition of a new garage, elevator and roof deck.