Having been expanded, rebuilt and remodeled, the now 4,822-square-foot view home at 367 Liberty Street, which is technically a two-unit building with a one-bedroom “guest unit” on the home’s first floor and an elevator that runs from the ground-floor, three-car garage to the fourth-floor family room and roof decks, with stops between, sold for $8.7 million in July of 2019.

Now vacant, with “walls, ceilings, and decks [that have been] opened for investigative purposes,” the “mega VIEW residence” has just returned to the market listed as an “AS IS” sale with a $4.495 million price tag, positioned as a “FIXER” and “dream opportunity,” with “disclosure materials [that] contain detailed information pertaining to…construction defects” and noting that it would be “in the buyer’s best interest to conduct their own inspections and diligence as well as consult with qualified construction professionals and legal counsel.”

We’ll keep you posted and plugged-in.

31 thoughts on “New View Home Just Listed for Nearly 50 Percent Less! But…”
  1. Flippers from Glendale? At least that’s my scarce findings from looking up the LLC behind it. Who wants to peel the onion more? There’s an LLC behind the LLC’s mailing address… Would not touch this with a ten foot pole

  2. Looks like 365 and 367 Liberty were rebuilt at the same time, and the structural engineering firm responsible for the project boasts of “easy access to the Building Department which equates to quicker and better service for our clients.” (see name link)

    Shall we place bets on which corrupt DBI inspector signed off on this project? My money is on good ol’ Rodbigo Santos.

      1. Yeah how can they drag Santos’ good name through the mud /s. The dream team that got busted:
        Inspector: Bernie Curran
        Expediter: Rodbigo Santos

    1. I will take any all bets for any dollar figure that Rodrigo Santos was the the DBI inspector.

      1. Thanks for that, I agree that there are a whole lot of legal filings going on with this one.

        Looks like a whole lot of people and companies are involved here and some of them have requested and paid the fees for a jury trial, so if that actually happens we’ll get lots of juicy details.

  3. And once someone buys it, at least under the terms described in the current listing, it’s game over and the current seller(s) win by closing out all pending legal issues and it’s the buyer’s responsibility to fix everything that was glossed over during the expansion, rebuilding and remodeling. There are just too many flippers in this town.

    I suspect the house that this monstrosity replaced (does the elevator open into the lower level unit only after a key is presented?) would have been better off with one of those “light touch flips” that certain people in the S.F. real estate “game” insist don’t happen in San Francisco.

    1. Scratch that second sentence, the “winner” was the person or entity who unloaded this for $8.7 million in July of 2019.

  4. I’ve heard of building inspectors ordering tearing into foundations literally if structures are not entirely permitted (where bar the r-bar, etc). Then too from what I’ve gleaned on Netflix at times drug lords stash money and such in home walls (laundry is a chore). I’m guessing stuff here wasn’t fully permitted.

    1. The “…and such” angle is a He**-of-lot more interesting than the R-values having been fudged. Maybe it should be advertised as “possible ski lodge” (Wink, wink)

  5. i really like the fusion of Brutalist and sleek modern Euro in/out

    maybe this house and the Sea Cliff house could have a child that would grow up to be the spec mansion that got caught at the top of the market

    1. To me it looks more like water (simply) draining off the porch and running down the facade. But yes, it’s certainly unsightly: probably a poor selection of materials (I believe limestone is notious for leaching minerals – i.e. effloresence – if that’s what it is)

    1. Well, once you have even a arms-length understanding of what went on (or at least with what is alleged in the complaint) with the the expansion, rebuilding and remodeling that happened in 2019, the listing copy makes sense.

      This could wind up being a tear down, not a fixer. The buyer better have both deep pockets and the hard-nosed negotiating skills necessary to discount the property to account for the issues surrounding it.

    2. The original complaint, Luminous Ion LLC Vs. Vicki Chiao Et. Al. (tip of the hat to ‘steve’, above for the link) is interesting reading, even if it’s incomplete (it’s been amended since):

      1. Plaintiff LUMINOUS ION LLC (hereafter, LUMINOUS) is the owner of the real property at 367 Liberty Street, San Francisco, California…
      19. After title passed to LUMINOUS, various defects, building code violations and deficiencies in the property were discovered. These defects and deficiencies have caused damage to multiple portions of the property and to work either performed by others or already existing. These include defects resulting in unintended water intrusion, foundation and structural defects, heating defects, plumbing and electrical defects as well as other defects, all of which have caused property damage. LUMINOUS notified EASTWOOD [EASTWOOD DEVELOPMENT INCORPORATED was and is licensed as a “B” general contractor by the Contractors State License Board] of such defects by written notice served February 20, 2020.
      20. After title passed to LUMINOUS, various defects and deficiencies covered by the “Fit and Finish Warranty” were discovered. …
      21. Due to the COVID-19 crisis, the parties have been unable to undertake the procedures set forth in Civil Code 896 et seq. Plaintiff requests that this action be stayed until such can be completed but in no event beyond January 1, 2021.
      22. LUMINOUS has suffered damage as a result of the defects and deficiencies discovered to date and the consequent property damage. LUMINOUS has not yet performed any destructive testing to determine the full extent of such defects and damages and will amend its claim to allege the full extent of the defects and damages when such are ascertained.
      23. LUMINOUS’ damages include the cost to correct the various defects and deficiencies and consequent property damage. LUMINOUS is informed and believes that the property will be uninhabitable while repairs are being made and therefore will suffer the loss of use of the property, the value of which is as yet unknown. LUMINOUS has and will require the services of construction professionals to determine the defects and defects and design the repairs. LUMINOUS does not currently know the amount of such damages but …believes that such exceeds the jurisdictional minimum of this court.

      Emphasis mine. Obviously, we are well beyond January 1, 2021 and the litigation is ongoing, and this just for 367 Liberty St.; there’s separate pending litigation around 365 Liberty as well. IANAL but I don’t think the LLC is going to shield Ms. Chiao’s personal assets in this case.

  6. How could a house be so poorly built that they manage to get so much wrong? Heating, plumbing, electrical, foundation, water intrusion, structural . . . really, what else is there that could go wrong?Is it sliding down a hill?

  7. I almost bought this place (pre-teardown) in 2013. Listed at $1.4M, I ended up at a $1.9M offer, and was beaten out by the $2.2M cash & no-contingency offer of the developer who flipped it for $8.7 in 2019.

    I recall signs of fairly high volume seasonal artisan flows, with obvious signs of significant and persistent moisture intrusion into the existing foundations, and the lot slope being over 40′ front to back. It’s a shame they put such a soulless and poorly executed flip on it though… really lovely location.

    1. fairly high volume seasonal artisan flows
      Ever since those darn beatniks in the 50’s this has been a plague on SF; locking your doors, of course is the best defense, but if they come into your yard….
      What ?? Oh, sorry: I guess you meant “artesian flows”

  8. maybe they can build a correct house on top of this one and call this one the irregular in-law unit or greatly expanded garage with storage and high ceilings?

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