Quietly purchased for $3.2 million in April of last year (2016), the two-bedroom unit #910 at the Comstock (1333 Jones) returned to the market listed for $3.0 million this past July following the passing of its owners.

The 1,660-square-foot corner unit features panoramic views, a den which can be converted to a 3rd Bedroom and two parking spots.

And yesterday, the sale of 1333 Jones Street #910 closed escrow with a $2.75 million contract price, down 14.1 percent over the past 20 months. Keep in mind that all sales in the building (“One of Nob Hill’s most prestigious addresses”) are subject to a buyer interview and board approval by The Comstock Apartment Corporation.

20 thoughts on “Nob Hill Cooperative Apartment Takes a Hit”
  1. To the editor I’m curious about your frequent use of the term “quietly”. Is this a real estate term with some other connotation? Conversely, how does one “noisily” purchase property?

      1. No, but I’m not in the industry so wouldn’t know where to look. Are transactions usually published? Simple question, not looking for a snarky answer.

          1. Don’t confuse Socratic with a non-answer or snark. We typically use “quiet” when a transaction was off-market or the details were either hidden or unreported at the time.

          2. emanon, next time you’re in the presence of a real estate agent (especially one that does the majority of their business in The City), ask them about the definition of the term “pocket listing”. You’ll get your question answered and then some.

  2. Speaking of quiet, I bet you can hear the cable car running in its tracks from in here. My first SF apartment was near this place and the cable running is soooooo loud at night.

  3. I have never understood what so special about this building that commands such a high per sq ft price. Everything looks so dated and the monthly fees are so high.

    1. I recently visited a friend in the Comstock. To call it “dated” is an understatement. It feels like a time capsule to the early 80’s, with the tenants I saw older retirees; it reminded me of a retirement home. Sad as it could be gorgeous but nobody seems to care about updating it.

      1. 1980’s? Maybe the lobby furniture – but the building is a solid example of mid-century design.

        For older folks it’s a prime example of 1960’s, cosmopolitan glamour… glass curtain walls, elegantly exaggerated proportions, understated high-end finishes and service entrances! Yeah, the residents are older – the building style and location appeal to them.

        Sorry, not everything in SF is designed for the post-1990 crowd. (pst, ageism always catches up with you)

        1. This building appeared in Raymond Burr’s early Ironside episodes, therefore built in mid to late 60’s. Joe Alioto lived there while mayor, I believe. One comment during an Ironside episode had one detective saying he always wanted to see the building and the other one upon their exiting a unit saying – solid brass doorknobs. It’s a mid-century modern gem and the units will be lovingly upgraded/updated as they change owners.

    1. It is indeed surprising that, in a flat at this price point, the badly water-damaged kitchen wood floor would not have been replaced.

      1. actually they should have changed the dishwasher well before the floor got all warped, and no board approval for that I am sure

      2. I’d say the chances that kitchen survives are about nil. Why waste money replacing a floor that’s going to get torn out?

  4. Monthly dues are not as high as other 24 hour doormen hi-rise buildings in the area and on Russian Hill…
    One gets security – one has to pay for security…
    Vetting process is good
    Orientation is to the south – blazing summer sun …

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