Speaking of The Hamilton, 631 O’Farrell #416 was just listed as a probate sale asking $199,000. It’s 480 square feet. And as plugged-in people know, the 16’s in general offer “SE corner downtown view + sun rise,” although perhaps limited from the fourth floor.
∙ Listing: 631 O’Farrell #416 (0/1) 480 sqft – $199,000 [Redfin]
∙ High Atop The Hamilton (631 O’Farrell): Penthouse Listing And History [SocketSite]
∙ Life At The Hamilton (631 O’Farrell): A Plugged-In Reader’s Report [SocketSite]
Looks like the last arms length transaction under $200,000 for a Hamilton Studio occurred in 2001 That sale was for a NW facing 7th floor unit.
No photos on the listing so I’m assuming it needs some work, but still seems like a good price.
The sale of 631 O’Farrell #416 closed escrow on 2/10/10 with a reported contract price of $234,000 (18% over asking).
“Looks like the last arms length transaction under $200,000 for a Hamilton Studio occurred in 2001 That sale was for a NW facing 7th floor unit.”
That was me, I think my offer was $185K. There were a lot of dead roaches, holes in the walls. The light fixtures had been torn out; there were just bare wires coming out of the ceiling!