Stunning, $2.4M Ultra-Modern Live/Work Loft in ContractJanuary 27, 2022
With the “Luxury Live Auction!” for the “stunning, ultra-modern live/work loft” #102 at 355 Bryant Street having failed to yield an acceptable bid back in September of 2020, the 2,200-square-foot, two-bedroom unit, which was purchased for $2.425 million in June of 2019, returned to the market listed anew for $2.25 million last March.
Reduced to $2.195 million last May, a sale at which would represent a 9.5 percent drop in value for the high-end unit on an apples-to-apples basis since the second quarter of 2019, the sale of 355 Bryant Street #102 is now pending.
If you think you know the market for high-end units in San Francisco, now’s the time to tell. As a point of reference, the Case-Shiller index for “San Francisco” condo values is up a total of 4.0 percent over the same period of time.
Comments from Plugged-In Readers
Anyone know if this unit’s outdoor space is overlooked by residential or office buildings? That could make a big difference as to how private it feels at night when you have the lights on. It does look like a great unit for a single/pair of minimalist introvert(s), except for that fishbowl problem.
The unit’s outdoor space is at the base of the light well for 355 Bryant, with 333 Bryant, which remains a commercial building, the brick wall/building behind.
Oh, also, I guess 2.1 mil, because I don’t think this area is an attractive location for pandemic buyers.
$2.1 million would equal the price the unit fetched in 2015, prior to a few improvements.
That sun room could benefit from a retractable fine mesh screen on the ceiling window line, for privacy.
But otherwise, very nice and the double-high ceilings thru-most and the chunky bracket hardware on the beams are a nice touch.
Very nice cross-over modern with minimalist nature couture theme.
Still needs garden space and ample closets for me.
Looked at the unit before; there is already an electric blind on that window and two sets of wall-to-wall built-in closets. Unfortunately no walk-ins.
a 9.5 percent drop in value for the high-end unit on an apples-to-apples basis since the second quarter of 2019
come on, I’m sure many were stunned by this (and a few stung).
I’d extend that 2nd floor over the kitchen and gain some upper level space…
Looks like the mezzanine is at the maximum allowed sq ft already (33% of bottom floor).
UPDATE: Stunning Live/Work Loft Finally Trades for $212K Less
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