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Articles Filed Under: Bay Buildings

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Nothing to See Here, It’s Just Another Data Point

Nothing to See Here, It’s Just Another Data Point

Purchased for $953,883 in September of 2016, a price which was in-line with the pricing for the other 68 units in the new collection of city homes at 388 Fulton Street, “in our beloved Hayes Valley, SF’s most desirable, lovable, walkable neighborhood,” the two-bedroom, 743-square-foot unit #213 features... Read More »

Redevelopment of “Junky” Nob Hill Theater Closer to Reality

Redevelopment of “Junky” Nob Hill Theater Closer to Reality

Purchased by a doctor for $2.7 million in 2018 and subsequently shuttered, the revised plans for redeveloping the iconic Nob Hill “Touch our Junk” Theater at 729 Bush Street, which had operated as a gay night club and male porn venue for 50 years, were conditionally approved last month.... Read More »

Enough Empty Office Space for 160,000 People in San Francisco

Enough Empty Office Space for 160,000 People in San Francisco

As we outlined yesterday, the amount of vacant office space in San Francisco has just hit a new pandemic-era high of nearly 21 million square feet. For context, the 1,070-foot-tall Salesforce/Transbay tower at First and Mission, which is the tallest building in San Francisco, contains 1.35 million square feet... Read More »

Upgraded Penthouse Trades at a Loss

Upgraded Penthouse Trades at a Loss

As we outlined in September of last year: We’ve been fans of penthouse unit #613 atop the historic Embarcadero Lofts building at 300 Beale Street since we first featured the condo back in 2008. Having last traded hands for $1.92 million in September of 2017, “over $350K” has since... Read More »

2017 Era Two-Bedroom Drops Further Below Its Purchase Price

2017 Era Two-Bedroom Drops Further Below Its Purchase Price

Purchased for $1.399 million in August of 2017, which was $91,000 under its list price at the time, the “luxurious, high-style corner unit” #405 at 1450 Franklin Street, a 1,325-square-foot, two-bedroom, two-bath unit with two private decks, storage and parking in the building’s garage, returned to the market priced... Read More »

Supersized Plans for Proposed SoMa Tower Now in Play

Supersized Plans for Proposed SoMa Tower Now in Play

While the City had balked at the proposed height of a 350-foot-tall tower to rise upon the former K&L Wine Merchants building parcel at 636 4th Street, after which plans for a code-compliant, 250-foot-tall, 271-unit tower to rise on the site were drawn, supersized plans for a 461-foot-tall tower... Read More »

Contemporary Two Trades for Over $200K Below Its 2014 Price

Contemporary Two Trades for Over $200K Below Its 2014 Price

Purchased for $1.2 million in April of 2014, the 989-square-foot, two-bedroom unit #808 in the Linea development at 8 Buchanan, a south facing unit with “soaring views,” separated bedrooms, ample closet space and two bathrooms, returned to the market listed for $1.295 million in February of 2020 and was... Read More »

Mid-Market Condo Resells for 29 Percent Below Its 2018 Price

Mid-Market Condo Resells for 29 Percent Below Its 2018 Price

Purchased for a comp-setting $882,000 or roughly $1,313 per square foot in October of 2018, having been priced at $967,000 or $1,439 per foot by the sales office in 2017, the one-bedroom, one-bath unit #606 at 1075 Market Street (“Stage 1075”) returned to the market listed for $749,000 this... Read More »

Hayes Valley Penthouse Trades for Over 30 Percent Less

Hayes Valley Penthouse Trades for Over 30 Percent Less

As we outlined last month: Positioned as part of “The Penthouse Collection at 8 Octavia,” the modern two-bedroom, two-bathroom unit PH-2 atop the Hayes Valley development sold for $1.5 million or roughly $1,500 per square foot in February of 2020. The unit is outfitted with floor to ceiling windows,... Read More »

Reductions, Rent and a Harsh Reality Part Two

Reductions, Rent and a Harsh Reality Part Two

As we outlined back in October: Purchased for $1.650 million in July of 2016, the 1,366-square-foot, two-bedroom unit #7E in the Lumina tower at 201 Folsom Street, an interior facing unit with “peaceful garden views,” returned to the market priced at $1.899 million in 2019 but was withdrawn from... Read More »