Up and Down for Another Depreciated Mission District Penthouse

Up and Down for Another Depreciated Mission District Penthouse

On the heels of the penthouse unit #504 atop the V20 building at 3590 20th having just resold for $2.5 million, up $261K (11.7 percent) versus its depreciated resale for $2.239 million in 2017 but still $95K (3.7 percent) below its sale for $2.595 million in mid-2015, an adjacent... Read More »

Dolores Heights View Home Drops Further Below Its 2015 Price

Dolores Heights View Home Drops Further Below Its 2015 Price

As we outlined in October of last year: Joining the ranks of newly reduced homes is 4085 20th Street, a modern 3,720-square-foot Dolores Heights home perched above Dolores Park, with “breathtaking views” from each of its three levels, “outstanding craftsmanship, thoughtful design and ethereal beauty,” and a two-car garage... Read More »

Benchmark Mortgage Rate Drops to an All-Time Low

Benchmark Mortgage Rate Drops to an All-Time Low

The average rate for a benchmark 30-year mortgage dropped 16 basis points over the past week to a new all-time low of 3.29 percent, according to Freddie Mac’s latest Mortgage Market Survey data and which shouldn’t have caught any plugged-in readers by surprise. At the same time, the average... Read More »

Plans for 966-Unit Hub District Tower Closer to Reality

Plans for 966-Unit Hub District Tower Closer to Reality

While originally expected to occur last year, the Environmental Impact Report (EIR) for the proposed 55-story tower to rise up to 590 feet in height, not including a 20-foot-tall parapet, on the former San Francisco Honda site at 10 South Van Ness Avenue is now slated to be certified... Read More »

Back up (To Early 2016 Pricing) on Nob Hill

Back up (To Early 2016 Pricing) on Nob Hill

As we outlined at the end of 2017: Purchased for $1.2 million or roughly $1,136 per square foot in January 2016, the 1,056-square-foot one-bedroom condo #1212 within Gramercy Towers at 1177 California Street returned to the market priced at $1.275 million this past July, a sale at which would... Read More »

Election Results in San Francisco (UPDATED)

With 72,327 election day ballots having since been added to the early mail-in count in San Francisco, for a total of 144,667 ballots having been tallied, representing 28.7 percent of the 503,899 potential votes which could be cast, Proposition D is PASSING and the YES margin for Proposition E... Read More »

Detailed Plans for SF’s First Drug Sobering Center

Detailed Plans for SF’s First Drug Sobering Center

Having eschewed an interim proposal for the parking lot parcel on the southeast corner of Jones and Turk to host a temporary village of tiny homes until the City’s planning for a below market rate building to rise on the Tenderloin site is completed, the detailed plans for a... Read More »

Third Street Corridor Site (Begrudgingly) in Play

Third Street Corridor Site (Begrudgingly) in Play

With plans for a modern five-story, 21-unit development to rise across the four Bayview parcels at 5210-5216 3rd Street, at the corner of 3rd and Thornton, having been drawn, the adjacent six parcels at 5222-5250 3rd Street are now (begrudgingly) in play as well. The six contiguous parcels are... Read More »

#Vote

As of yesterday, 503,970 people were registered to vote in San Francisco; 385,993 mail-in ballots had been issued; and 93,392 ballots had been returned. If you haven’t already voted, please do, you have until 8pm. We’ll run the early results for the real estate related measures – Proposition D... Read More »

Depreciated Mission District Penthouse Trades for $261K More

Depreciated Mission District Penthouse Trades for $261K More

As we outlined last month: Purchased for $2.595 million or roughly $1,433 per square foot in July of 2015, the three-bedroom penthouse unit #504 atop the Mission District development at 3590 20th and Valencia Street (a.k.a. the “V20” building) returned to the market priced at $2.8 million in 2016,... Read More »