355 Bryant #308: Living
Asking $1,100,000 in September 2000, a month later it closed escrow for $1,400,000. Back on the market in July 2005 asking $1,195,000, it sold for $1,200,000.
355 Bryant #308: Kitchen
Now newly renovated with a budget of almost a half-million dollars (think Boffi cabinets and a new loft level), 355 Bryant #308 is on the market in 2010 and asking $1,400,000 for the 1,981 square foot loft in one of San Francisco’s original conversion buildings.
∙ Listing: 355 Bryant #308 (2/2) 1,981 sqft – $1,400,000 [355bryant308.com]
The Live/Work Lofts Of 355 Bryant [SocketSite]

18 thoughts on “A Newly Renovated 355 Bryant #308 Returns”
  1. wow. that is one pretty space. Although I would never live in a loft, this one is great. Also: due to layout it would be possible to convert one of those bedrooms to an enclosed space increasing the pool of possible buyers.
    I love the wood and the look of this place.

  2. two points:
    1) the listing claims $400K+. anyone claiming that that is the same as “almost a half-million dollars” is welcome to write a check for $90K to my vacation fund
    2) there is a large incentive to inflate the costs of the remodel to make the listing stronger. they could have paid retail, but they might have paid wholesale as well.
    anyway, it is clear they are losing money, and the 2000 comp is astonishing. clearly, peak for the dot-com party loft was in 2000 and not 06 or 07. I can hear echoes of “it’s all micro, dude” in the distance.

  3. So it looks like the bedroom faces the courtyard, not Bryant Street. Anybody know how quiet the unit is? It appears to be right on top of the Bryant Street onramp to the Bay Bridge. That area gets backed up quite often (especially after a Giants game), with lots of horns honking, etc.

  4. very pretty.
    If anyone makes claims about remodel costs and you think the number is inflated, ask to see receipts and invoices.

  5. There are several good buildings along Bryant, but that stretch is always noisy and sooty and dank because of the bridge.
    The kitchen is sleek, but so dark! Imagine preparing caviar and black olives with musubi nori garnish on a black plate, and then not being able to find it.

  6. as others have pointed out a lot of these comps involve units in SOMA and south beach.these areas had signifigant real estate development and speculation in the last 5 -6 years (similar to exurbs like antioch and brentwood) and the bust seems more pronounced in these areas. i would like to know what is going on in more established areas in like saint francis woods,pacific hts and the marina.

  7. I love all the space and the urban lifestyle without being squashed into some drywall shoebox. Seems like key negatives are leased parking, sketchy neighborhood, electric baseboard heat, electric cooktop in the kitchen, and no enclosed bedroom. Agree with the previous comment that they would have been better off enclosing the bedroom with windows. I don’t think that raising the bedrooms a few steps accomplishes much. The wood is beautiful but – it’s just me – places like that make me a little nervous of the fire hazard. I would expect this place to go somewhere in the mid 600s psf. If it goes higher I think it will a sign that the market is strengthening.

  8. Sorry for the rant, but as someone who might actually consider this place, and who actually cooks, I want to know: is there any ventilation in that kitchen? I can’t tell. I’m not about to drop $1.4 million on a house without ventilation in the kitchen.
    Also, for a $1.4 million listing, could they not upgrade to a RE agent (or anyone, preferably NOT an RE agent) who understands that uninitiated audio on a website is only cool if your a 14 year old and you’re talking about the different bands you like?
    Can’t these people afford a decent web designer? By the time I figured out how to use the slide show, I had that idiot realtor appearing in a pop-up asking if he could spam me. I’ve never met or interacted with this person, but I know hate him.
    I swear to god these RE people are empirical proof of the existence of god, without whose help they’d all be roaming the streets muttering their marketing ploys and begging for dimes.

  9. I agree embarcadero. If you click on “about me”, on the bottom of his profile, his mission statement is blank. Nice unit, though they will be taking a loss.

  10. people who play music on their websites should be punched hard in the face. those who do this actually HATE their customers and take their eyes and ears for granted.

  11. First – does anyone know if there is a mirror in the second bath (the one with the frameless glass shower enclosure)? From the angle the photo was shot, I don’t see one.
    Second – let me preface what I’m about to say by disclosing first that I’m a Realtor.
    I wholeheartedly agree with embarcadero about the annoying music on all websites, not just real estate listings. If I want to hear the music that has been selected, give me the option to turn it on myself. In this loft’s website, the musical selection is annoying and immediately got on my last nerve.
    The real estate industry has always been behind the eight ball when it comes to marketing. Realtors have been hesitant to use the Internet and its technology until the last few years. Why? Because most of the associations of Realtors wanted to keep the mls out of the hands of the public…oh my. So now that Realtos have realized what a great marketing and powerful selling tool it is, the industry is playing catch up and they will probably never every really catch up in this game.
    With that said, available websites to market agents and their listings have lots of bells and whistles. Realtors love that kind of stuff. But many of the options on these sites aren’t user friendly. They are also created by folks not associated with the industry and have no idea what the consumer wants and needs for a pleasant experience. So that combination can be very frustrating. Anyway, there aren’t that many companies who create these things for us to choose from.
    Years ago, when I opened up another agent’s property website and a minute or so later they ghostly appeared on the screen to indicate they thouht I needed their assistance, it scared the heck out of me! If I wanted to contact them or see their face, I would have figured out a way to get in touch with them. I didn’t need them “dropping in ” on me.
    So, please bear with the majority of us. We use these cookie cutter marketing sites because they’re easy for us to quickly get our product on the market and they’re inexpensive too. If you can produce something more consumer/user friendly and simple & inexpensive for Realtors to use, let me know! I’d love to meet you at the next real estate convention.

  12. Sorry embarcadero, you have to run the ventilation fans in the both bathrooms when you cook. A kitchen hood was one of the things that got cut to keep renovation costs under $400K

  13. Oh yes for goodness sakes, find something inexpensive for realtors to use – the poor slob will only make something like $85 grand on this deal if he strikes it right. Sob.

  14. RSVP wrote:
    We use these cookie cutter marketing sites because they’re easy for us to quickly get our product on the market and they’re inexpensive too.
    5% X 1M = 50K. Multiply by how many places one agent sells in a year and by the years he will be in business. Plenty of room to hire a professional for a basic standard template of your liking.

  15. There are currently 3 units in this development listed for sale on Redfin, I think another is about to hit the market, and I’ve seen another couple for sale over the past half-year or so. Is there something happening there, or about to happen, that could be prompting all these sales?

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