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Articles Filed Under: Bay Buildings

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Approved SoMa Development Back on the Market at a Loss

Approved SoMa Development Back on the Market at a Loss

Acquired for $4.125 million in June of 2016, plans to level the shuttered nightclub space at 280 7th Street – a through block building which was once home to “Rawhide II,” the only Country Western club in San Francisco – and build 20 condos upon the Western SoMa site... Read More »

Pre-Pandemic Pricing Versus Spot Value for a Twisty Two

Pre-Pandemic Pricing Versus Spot Value for a Twisty Two

Priced at $1.93 million, or $1,596 per square foot, in September of 2019, the listing for the brand new two-bedroom, two-bath unit #24C with southwest corner views in the twisty MIRA tower at 280 Spear Street was removed from the MLS in January of 2020. Listed anew for $1.835... Read More »

The Path Forward for GLIDE’s Proposed Modernization Project

The Path Forward for GLIDE’s Proposed Modernization Project

If approved as envisioned, GLIDE’s six-story administrative and community services building at 330 Ellis Street, which currently rises up to 76 feet in height adjacent to the iconic Glide Memorial Church, could be demolished and a new 10-story building could rise up to 165 feet in height across the... Read More »

From 2015 to 2022 at The Brannan with a Point Between

From 2015 to 2022 at The Brannan with a Point Between

Purchased for $1,098,000 in December of 2015, the lower level two-bedroom, two-bath unit #1B at The Brannan, a “fully remodeled and upgraded” unit and “jewel of South Beach,” was listed for $1,198,500 in April of 2019, the price at which it sold that August, representing total appreciation of 9.1... Read More »

Another Chic “Over Asking!” Sale (at an Actual Loss)

Another Chic “Over Asking!” Sale (at an Actual Loss)

The “chic” and contemporary one-bedroom unit #405 in the Rowan at 338 Potrero Avenue, “a welcome oasis for the urban dweller who appreciates thoughtful use of space, a modern vibe, and great access for commuting,” just sold for $775,000 or $1,194 per square foot. And with the list price... Read More »

Newfound Transparency Near the Top of an Infinity Tower

Newfound Transparency Near the Top of an Infinity Tower

Purchased for $2.4 million in September of 2018, the two-bedroom, two-bath unit #40E near the top of the Infinity tower at 338 Spear Street, a 1,588-square-foot unit which features an open floor plan, large bedroom suite, two private decks, panoramic views and a parking spot in the building’s garage... Read More »

A Skinny Infill Tower Could Rise Right Here

A Skinny Infill Tower Could Rise Right Here

While plans have yet to be formalized, publicized or even submitted to the City for review, a project team is exploring the possibility of demolishing the Thirsty Bear Brewery building at 661 Howard Street and developing a bonus-sized residential tower on the site. In addition to positioning for a... Read More »

Price Cut for a High-End Jackson Square Condo

Price Cut for a High-End Jackson Square Condo

Purchased for $2,305,000 in February of 2019, the two-bedroom, two-bath unit #3G at 288 Pacific Avenue, across from The Battery in Jackson Square, returned to the market priced at $2,538,000 last June, a sale at which would have represented total appreciation of 10.1 percent for the “meticulously maintained” luxury... Read More »

Prominent Cultural District Corner on the Market in The Mission

Prominent Cultural District Corner on the Market in The Mission

While the single-story House of Brakes building/garage on the southeast corner of 24th Street and South Van Ness is a rather nondescript concrete structure, “with no discernable style,” the iconic Carnaval (a.k.a. Golden Dreams of the Mission) mural was painted above and behind the building by Daniel Galvez, along... Read More »

Showcase Mansion Has Quietly Traded Hands

Showcase Mansion Has Quietly Traded Hands

Acquired for $12 million by way of a forced bankruptcy sale in 2016 and then “dazzingly re-imagined for the 21st Century” to serve as the Decorator Showcase in 2019, the 18,000-square-foot Presidio Heights mansion at 3800 Washington Street, which was modeled after Le Petit Trianon in Versailles France, has... Read More »