On the market as a rental for $23,000 a month in July, the asking rent for the five-bedroom Pacific Heights home at 2470 Broadway has been reduced to $18,000. Of if you’d prefer, the property has just been listed for sale at $6.995 million as well.
Originally designed by Samuel and Joseph Cather Newsom (yes, as in that Newsom clan) and built in 1902, the home has since been remodeled and expanded with a two-story solarium overlooking the Bay.
The new master suite on the second floor (plans) shares the solarium views.
And one of the three bedrooms on the third floor showcases the home’s original design.
In terms of whether it makes more sense to rent or buy, it all depends upon your situation and assumptions. We’ll let you run those numbers yourself.