After 8 months on the market, a remodel, and a number of reductions – including a $151,000 (8.2%) drop on #203 – there are now “8 units left” 10 units left at 767 Bryant (out of 20). And according to a couple of listings, the sellers appear to be “MOTIVATED” (and then some).
UPDATE (5/2): Although the listing for #203 indicates “only 8 units left,” we just noticed that there are actually 10 units listed on the MLS as active and available.
∙ Listing: 767 Bryant (2/3) 3,496 sqft – $1,699,000 [MLS]
∙ 767 Bryant: The Apartments Condominiums [SocketSite]
∙ Take Two For A Few Of The Condos At 767 Bryant [SocketSite]
I looked at #203 when the building first opened. Main level and loft have lots of potential but the lower level, which is almost half the square footage, suffers from low ceilings and an almost office/warehouse like feel.
Good update Socketsite. I find it strange that anybody would spend over a million to live down there, let alone over $1.5 million. It’s all about location, and I do feel that many have mental barriers of NOT spending more than $1million in ‘up and coming SOMA’.
The funniest quote I ever heard was that, “SOMA was the new Pacific Heights.” Let’s get real here people, SOMA isn’t even close. Just drive around and look around at the amount of supply, the prices they are asking, and the lack of infrastructure. It’ll be 5 years before the neighborhood feels safer and neighborhood like. By then, you’ll be 5 years older. Live life now.
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Prime
Is there really an art sale and benefit on May 5 & 6? Or is the owner selling off the home furnishings to make the montly ARM loan payment?
How long have you guys lived in SF? Because I’m going on 14 years, and SOMA was “up and coming” in 1993! And even after people learned about the “World Wide Web” nothing happened to SOMA but cheap “loft” buildings everywhere. Which, coincidentally, are falling apart even more now. (My friend’s “loft” developed huge cracks in the walls about 2 years after it was built). In 5 years, SF is going to have lost more population, we’ll be 5 more years from the heydays of the .com bubble, thousands of condos will have gone up in better neighborhoods, the bums will still be all over SOMA, and we still won’t have a new Bay Bridge or TransBay. Let’s just hope that Prime hasn’t moved to SOMA by then! (you know I love teasing you, Prime)
Moderator/site owner, it might be time to renew the ban of Prime and his/her IP again. [Editor’s Note: We’re oh-so-close. Thanks for “plugging in.”]
Anecdotally, I’ve been living in SOMA for a year-plus, often hauling around a shiny laptop in the dark hours, walking to and from north of Market addresses, and I’ve never been hassled, let alone mugged. The only grief I’ve received in this time was once when some dude wanted to clean my windshield at the 3rd st gas station (hasn’t happened again in the six months since).
Notwithstanding all that, if any readers have good clout in City Hall, that strip of wavy asphalt masquerading as sidewalk along 2nd street under the bay bridge approach is an embarrassment. Thousands of SF residents have to deal with it every day. Fix the damned thing. Who cares if it will be demolished (ten) years from now when the bay bridge rebuilding might be complete.
The art sale and benefit is for real. 50 Bay area artists have lined up to bring some life into the LOFTS at 767 Bryant…and they have done a phenomenol job. The space has been changed with the addition of this work and the problem areas are now working beautifully. Such a shame people always are looking for the negative in things, how about sending out a little positivity in this life?
Yes the sellers are motivated but no they aren’t desperate. For any savvy buyer this is an opportunity to save thousands of dollars..you do the numbers on your financial savings…
As for SOMA being what it is. I am a 3rd generation native of SF and I sit on various comissions for SF…things are changing. Just read the master plans over at http://www.sfgov.org