Purchased for $1.74 million in May of 2015, renovated (“including all new kitchen, all new bathrooms, a lighting system, hardwood floors and window coverings”) and then successfully flipped for $2.255 million in March of 2016, the 1,789-square-foot unit #202 at 1150 Sacramento Street returned to the market listed for $2.695 million in May of 2018.

Reduced to $2.495 million after a month on the market and then officially withdrawn from the MLS in August, the two-bedroom Nob Hill condo has just been listed anew with an official “1” day on the market and a (not officially reduced) $2.395 million price tag.

If you think you know the market for remodeled Nob Hill condos, now’s the time to tell.

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Comments from “Plugged-In” Readers

  1. Posted by Sam Walters

    Whats so bad about the view, that they have to pull all the shades 1/3 up ?

    • Posted by Dave (Seattle dude)

      I’m guessing it is for a bit of privacy from folks passing by at street level? Maybe there are units directly across the street hidden by the raised shades that would otherwise see directly into the room?

    • Posted by SFMichael

      Assuming the building uses American floor numbering, then this is one level up from the ground floor. As such, perhaps they don’t want to keep seeing the top of the 1 California Muni line busses going by. Plus with the blinds down, the park across the street probably looks right in.

      • Posted by SoBayRealtor

        Numbering in this building may not be typical. There are a couple of semi-subterranean units along Sacramento Street.

        There are also units fronting on the descending side street with windows along that street, too.

  2. Posted by bachman_erlich_overdrive

    This will scratch out about $2.15mm, and be heralded here as a massive drop from the original $2.695mm asking price, but really just reflecting a meh price for a meh luxury product in a meh sideways market. Then people will complain about how much the realtors made along the way, and someone else will bring up the HOA fees. And then everyone will go buy a bunch of stuff on Amazon prime and the cycle will continue.

  3. Posted by Presidio Heights Resi

    This is right on the 1 California bus line, with a stop outside the main building door. The shades are perhaps hiding the wires for that bus; it appears that way from the outside photos.

  4. Posted by Plugger

    This is all 100% accurate. Not a typical unit, lots of obvious flaws. It’s fun to watch these bounce around, but ultimately meaningless.

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