7 Percent Under Asking But 24 Percent Under Its Closest 2008 Comp
In August 2008 the sales office at One Rincon Hill closed escrow on the sale of 425 1st Street #4705 for $796,000 ($1,121 per square) and 425 1st Street #5005…
Interesting Indeed As One Rincon Hill #4308 Falls Out Of Escrow
As we wrote ten days ago: Hours after our noting the bank-owned listing for 425 1st Street #3908 at $695,000, the sales office at One Rincon Hill reduced the list…
TAKE 2 For FORM 14 (480 14th Street)
Fifteen months ago the 12 condos of FORM 14 (480 14th Street) hit the market. A month later the units were pulled from the MLS and the building went the…
Apples To (Improved) Apples At 88 King
Purchased for $1,900,000 in December 2000, the 1,369 square foot 88 King Street #1222 resold for $1,450,000 this past April. Not readily evident in what would appear to be a…
351 California Sells At Auction For $35 Million To Stalking Horse Bid
In 2009 Luke Brugnara’s Brugnara Properties lost 351 California to foreclosure. As plugged-in people know, the building had been encumbered with a first mortgage of roughly $33 million and a…
540 Delancey #402/403 Comes Back Around (At) The Cape Horn
As we wrote when #401 hit the market in September 2008 asking $1,150,000: constructed as the Cape Horn Warehouse in 1892, and converted into the Cape Horn Lofts by Thompson…
Additional ’08 Stack (And Year) Perspective From One Rincon Hill
Hours after our noting the bank-owned listing for 425 1st Street #3908 at $695,000, the sales office at One Rincon Hill reduced the list price for 425 1st Street #4308…
Over Asking (But Still 24 to 33 Percent Under Purchase) At The Palms
The sale of 555 4th Street #309 closed escrow on 6/1 with a reported contract price of $640,000. The sale will be reported as an official “8% over” its last…
The First Listed Foreclosure At 425 First (One Rincon Hill)
While we’ve seen short sales and resales at a loss, as far as we know (or at least can recall), 425 First Street #3908 is the first listed resale of…
One Hell Heck Of A Bedroom Overlooking Dolores Park…
It’s not only a new listing on the MLS (and now official inventory) but a new website and photos featuring one heck (for some reason “hell” doesn’t seem appropriate) of…