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Keep in mind that the listed 259 square feet of living space within the Book Concern Building’s unit #505 doesn’t include the 150 square foot sleeping loft which is technically “storage” space and accessed by way of a custom installed spiral staircase.

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And as such, with a list price of $439,000, the well designed 83 McAllister Street #505 has just been listed for $1,695 per square foot, which isn’t much more than the $1,610 per square foot ($417,000) at which the studio had first been listed back in 2006.

Book Concern Building (83 McAllister) [SocketSite]

Comments from Plugged-In Readers

  1. Posted by R

    Listing agent really went the extra mile for those awesome photos.

  2. Posted by CH

    Great use of space/design choices.

  3. Posted by GetOffthe Ivy

    ummm no

  4. Posted by Brahma (incensed renter)

    While this (and the other units in this building) is a for-sale condo and not a rental, I’d bet that when those proposed micro-apartments just a few blocks from here come to market at 220 ft.² that someone will do the imputed rent calculation and realize that these are a reasonably good deal in comparison.

  5. Posted by Matt

    Forget Manhattanization, this is the Tokyozation. A little heads up, this building is very noisy… I rented a first floor unit in 2007 and you could hear everything that went on in the adjoining units. Which is weird because it’s supposedly built to condo standards. Also, if you’re superstitious… the building was built on part of the Yerba Buena Cemetery and something like 900 bodies were never relocated to Golden Gate Cemetery. Boo!

  6. Posted by wc1

    My partner and I lived in 450 sqft for 7 years, and were quite comfortable. Living in a smaller space isn’t a violation of your human rights, it just means you can’t collect and store a bunch of stuff that you don’t need.

  7. Posted by Givemeabreak

    My suitcase has more space.
    The commons mentality takes over SF.
    This reminds me of the homeless guy living in the two story cardboard box on the corner. We used to joke about it being his condo…not any more.
    Give me a break. This this is “inflation” to the max. Anyone else notice how all the cereal boxes are bigger and cost more but the content has diminished?

  8. Posted by Ninong

    No parking; coin-operated laundry on premises. Looks awfully tiny to me. Maybe as a starter for a very young techie waiting for his company’s IPO?

  9. Posted by Mark

    Once again, people will pay anything for the honor of “owning” property in San Francisco. Thanks, but for nearly half a million bucks I’d rather live outside of 7×7, a sketchy part of it to boot.

  10. Posted by Jimmy (No Longer Bitter)

    To think I just bought a 3/2/2 on a 7000 sq. ft. lot in a upper middle class part of Santa Clara for a mere $18,000 more and no HOA dues. Wow. Just wow.
    I guess, if you HAVE to be in “the city” (and not a very good part of it …), and money is no object.
    Its no investment, that’s for sure.

  11. Posted by NoeValleyJim

    Above El Camino? How did you swing that? I am not seeing anything in that price range about El Camino right now.

  12. Posted by Jimmy (No Longer Bitter)

    Just off Montague in a nice cul-de-sac. Obviously I am not buying these off of MLS listings.

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