145-149 Albion Street

Listed for $2.95 million in January, the sale of the modern Mission District condo at 145 Albion Street has closed escrow with a reported contract price of $2.85 million or roughly $1,300 per (unlisted) square foot.

Designed by Owen Kennerly with parking behind the laser cut fence, the lower-level “garden” unit in the building (147 Albion) sold for $2.45 million, or roughly $1,530 per square foot, this past March.

The adjacent Albion Hall, which was once the home of Tom Waddel, the late founder of the Gay Games, remains on the market and listed for $6.5 million.

UPDATE: Albion Hall is now in contract.

Comments from Plugged-In Readers

  1. Posted by observant neighbor

    The lower level was also offered for rent on craigslist a month or two ago for about $7500/month (I don’t recall the exact amount, but it was in the 7’s). Sale price seems hard to justify if that’s the rental value…

  2. Posted by SocketSite

    UPDATE: Albion Hall is now in contract.

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