Still Not Cheap, But 31 Percent Cheaper: Watermark Penthouse #1B
Its sale for $1,300,000 ($1,275 per square foot) in October 2006 was likely a supporting comp for other Watermark (501 Beale) penthouse units, neighboring buildings, and so on and so…
A One Time Fire Sale To Address An Ongoing Budgetary Problem
From Guardians of The City with respect to old Engine Company No. 16 at 909 Tennessee: City Architect John Reid Jr. designed this two-story brick structure to replace the original…
Flipping A Few Lembi Properties Through Foreclosure
A plugged-in tipster reports: Coastal Capital of Sausalito, which bought a portfolio of loans secured by Lembi properties, foreclosed on the properties . Coastal reportedly paid $24.1 million (64% of…
935 Folsom: Warehouse Squat Sweatshop Condos Fire Station!
From the Mayor’s Office by way of a plugged-in tipster (and SFAppeal): Mayor Gavin Newsom announced today that the City has reached a proposed agreement with the San Francisco Museum…
1168 Folsom: Another Hauser Project Falls To Foreclosure
A plugged-in tipster reports with respect to The Folsom Lantern Building: Another George Hauser project taken back by lenders . Redwood Mortgage, which held a 3.5 million 2nd took back…
Selling At A Loss In An Attempt To Make A Profit (Elsewhere)
Purchased for $245 million in 2005, the 730,000-square-foot south financial district twin-tower building at 303 Second Street is returning to the market with expectations of a $220 million sale price…
Apples To Apples Tower One “E” Plan(s) At The Infinity (301 Main)
Purchased for $1,100,000 in September 2008, the tower one (301 Main) “E” plan two-bedroom on the 27th floor of The Infinity (the view from which is above) is back on…
Oh My At 34 Percent Under A 2006 Value At Odeon: 181 O’Farrell #508
As we wrote last November: Purchased for $800,000 in December 2006, Odeon (181 O’Farrell) #508 was taken back by the bank. It’s been listed at $601,400, a sale at which…
Would The Real Top Chef San Francisco House Please Stand Up?
The listing for 3157 Baker Street boasts: “Former residence to celebrity chef, CEOs, professional athletes…” Asking $5,000,000 in 2008, down to $3,695,000 in 2010. And we’re sorry to report, our…
Still Sliding Down The Slope From The Eichler Summit (999 Green)
As we wrote last month with respect to #2802 at the Eichler Summit: After three months on the market the MLS listing for 999 Green #2802 was withdrawn from the…