CFAH

Articles Filed Under: Bay Buildings

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IKEA’s Redevelopment of Mid-Market Center Closer to Reality

IKEA’s Redevelopment of Mid-Market Center Closer to Reality

Following a couple of false starts and mis-reports, the formal application to proceed with the conversion of the ill-fated and long-vacant “6×6 San Francisco” shopping center at 945 Market Street into an IKEA-anchored Market Street Place has been submitted to Planning. In addition to an 87,000-square-foot IKEA, the conversion... Read More »

Another Reduction for the Redeveloped BrainWash Building/Site

Another Reduction for the Redeveloped BrainWash Building/Site

Purchased for $4.6 million in February of 2018 and then remodeled to yield four office suites over an open 4,000-square-foot retail space, with four new bathrooms and a newly poured slab floor, the two-story Western SoMa building at the corner of Folsom and Langton Streets, which was home to... Read More »

Bigger Than Bonus Plans for Polk Gulch Parking Garage Site

Bigger Than Bonus Plans for Polk Gulch Parking Garage Site

Having failed to sell at auction and survived a foreclosure scare, plans to entitle a bigger-than-bonus-sized tower to rise on the former National Guard armory turned parking garage site at 819 Ellis Street are progressing. While conceptual plans for a 13-story tower to rise up to 135 feet in... Read More »

Exceptional and Luxurious View Condo Fetches…

Exceptional and Luxurious View Condo Fetches…

As we outlined back in March, the 2,053-square-foot, three-bedroom unit #3501 in The Avery at 488 Folsom Street, which was purchased for $3.75 million in July of 2019, features “an extra wide open floor plan that creates a light-filled, airy and elegant lifestyle,” with expansive views, three full bathrooms... Read More »

Entry-Level Condo Reduced to Over 20% Under Its 2018 Price

Entry-Level Condo Reduced to Over 20% Under Its 2018 Price

Speaking of significantly sub-2018 pricing, but at the other end of the market, the one-bedroom, one-bath unit #606 at 1075 Market Street (“Stage 1075”) measures 672 square feet, with an open floor plan and (near) floor-to-ceiling windows that overlook Proper and the landmark Hibernia Bank. The building (“San Francisco’s... Read More »

High-End Condo Reduced to Over 30% Below Its 2018 Price

High-End Condo Reduced to Over 30% Below Its 2018 Price

While not recorded on the MLS, the three-bedroom, three-bath unit #60A at 181 Fremont Street appears to have been purchased for $5,772,672 in May of 2018, based on our review of its deed, as we first outlined a couple of years ago. As we also outlined at the time,... Read More »

Storied Venue Further Reduced Below Replacement Cost

Storied Venue Further Reduced Below Replacement Cost

As we outlined back in September of 2019: Built for an Italian men’s club in 1919, complete with a gym, boxing ring, and private social/supper club space, the ornate “Garibaldi Hall” at 435/443 Broadway, which is now on the market, has a storied history to tell. The roughly 12,000-square-foot... Read More »

Nob Hill Project Site Hits the Market Touting Compound Potential

Nob Hill Project Site Hits the Market Touting Compound Potential

As we outlined earlier this year, an application to entitle the development of a modern 7-story, 24-unit building upon the Nob Hill corner parcel currently occupied by two single-family homes, two apartments and the Twin’s Armoire building, a parcel which spans 842-860 California Street and back to 119 Joice,... Read More »

A Fast “Over Asking!” Sale at an Early 2017 Price

A Fast “Over Asking!” Sale at an Early 2017 Price

Having hit the market priced at $695,000 just two weeks ago, the resale of the “gorgeous” and “efficient” one-bedroom with a den unit #305 in the Rowan at 338 Potrero Avenue, which “exemplifies modern living,” has already closed escrow with an “over asking” contract price of $760,000! On an... Read More »

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 »