Articles Filed Under: Bay Buildings

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Lavishly Remodeled Loft Fails to Fetch Its 2014 Price

Lavishly Remodeled Loft Fails to Fetch Its 2014 Price

Purchased for $1.18 million in late 2014, the lavishly remodeled unit #1 in the former Smitty Knitting Factory building at 75 Lansing Street, a 1,400-square-foot unit which features Venetian plaster, Italian tile, exotic wood finishes, returned to the market priced at $1.295 million this past June, a sale at... Read More »

Luxury Two-Bedroom Fetches $225K Less

Luxury Two-Bedroom Fetches $225K Less

As we outlined in September, having sold for $2.425 million in April of 2016 (with 35 percent down and a below average 2.848 percent interest rate on a $1.58 million loan), the two-bedroom unit #22E in the LUMINA tower at 338 Main Street returned to the market priced at... Read More »

Luxury One-Bedroom Takes a $180K Hit

Luxury One-Bedroom Takes a $180K Hit

As we outlined in October: Purchased from the sales office for $1.57 million in February of 2016, the 993-square-foot, one-plus-bedroom unit #8J atop the Lumina plaza building at 333 Beale Street returned to the market priced at $1.449 million this past September. In addition to twelve-foot ceilings, two “spa-inspired... Read More »

Detailed Plans for Burned-Out North Beach Site Revealed

Detailed Plans for Burned-Out North Beach Site Revealed

As we first reported last week, big plans to demolish the façade of the burned-out Verdi Building at 659 Union Street, between Columbus and Powell in the heart of North Beach, and redevelop the site are in the works. And as newly rendered by Gould Evans below, the project... Read More »

A Sub-2015 Price Secures a Two-Bedroom Atop Nob Hill

A Sub-2015 Price Secures a Two-Bedroom Atop Nob Hill

Purchased for $1.498 million in May of 2015, the 1,059-square-foot two-bedroom unit #1507 within Gramercy Towers at 1177 California Street returned to the market priced at $1.545 million seven months ago, a sale at which would have represented total appreciation of 3.1 percent for the Nob Hill condo over... Read More »

Big Plans for Burned-Out North Beach Building (Site)

Big Plans for Burned-Out North Beach Building (Site)

Having been gutted by a fire in March of last year, over a million dollars has been spent to keep the historic brick façade at 659 Union Street, between Columbus and Powell in the heart of North Beach, standing. But a structural analysis has since determined that it is... Read More »

Plans for Iconic Nob Hill Theater Site Have Been Drawn

Plans for Iconic Nob Hill Theater Site Have Been Drawn

Having sold for $2.7 million last year and shuttered after 50-years in business, a permit to raze the iconic Nob Hill (a.k.a. “Touch our Junk”) Theater has been requested and is working its way through Planning. And as designed by John Lum Architecture for the doctor who purchased the... Read More »

Refined Design for Prominent Church/Condo Redevelopment on the Rise

Refined Design for Prominent Church/Condo Redevelopment on the Rise

While the plans for the replacement church/condo development rising on the southeast corner of Gough and Eddy, a parcel which the ornate St. Paulus Lutheran Church had occupied for a century before having been destroyed by a fire, were originally drawn by another firm, they have since been refined... Read More »

Looking for (Another) Sub-2014 Priced High-End Loft?

Looking for (Another) Sub-2014 Priced High-End Loft?

Purchased for $2.15 million in the second quarter of 2014, the 2,018-square-foot live/work unit #602 in the historic Hales Warehouse building at 2 Mint Plaza returned to the market priced at $2.495 million this past May, a sale at which would have represented total appreciation of 16 percent over... Read More »

“Over Asking” at The Ritz (But at a Real Big Loss)

“Over Asking” at The Ritz (But at a Real Big Loss)

As we outlined earlier this year: Purchased as new for $1.53 million, or roughly $1,284 per square foot, in early 2008, right as the Great Recession was picking up steam, the two-bedroom Ritz-Carlton Residences unit #1702 at 690 Market Street returned to the market in early 2015 priced at... Read More »