CFAH

Articles Filed Under: Bay Buildings

(2,645 posts)
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 »

Prestigious High-Rise Unit Trades for 23 Percent Less

Prestigious High-Rise Unit Trades for 23 Percent Less

Speaking of “San Francisco’s best condominium project,” the apples-to-apples-to-apples re-sale of the three-bedroom, three-bath unit #32E in the Lumina tower at 338 Main Street has closed escrow. Purchased for $3.25 million in May of 2016, the 1,791-square-foot unit resold for $3.5 million in August of 2019, representing total appreciation... Read More »

Be Best for Over 20 Percent Less

Be Best for Over 20 Percent Less

Purchased for $3.295 million in June of 2016 and then rented out for what would appear to be around $8,000 per month, the two-bedroom, two-bath unit #34C in the Lumina tower at 338 Main Street, which is “considered San Francisco’s best condominium project,” according to its Compass agents, returned... Read More »

Hayes Valley Penthouse Listed for $500K Less

Hayes Valley Penthouse Listed for $500K Less

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, air conditioning, high-end appliances, exposed... Read More »