Articles Filed Under: Industry Stuff

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One-Bedroom Rents Down to 2012-Era Levels in San Francisco

One-Bedroom Rents Down to 2012-Era Levels in San Francisco

With the average asking rent for a studio apartment in San Francisco having slipped below $2,000 a month for the first time in nearly a decade earlier this month, the average asking rent for a one-bedroom apartment in the city has since slipped under $2,700 a month for the... Read More »

Number of Homes on the Market in San Francisco Drops, But…

Number of Homes on the Market in San Francisco Drops, But…

In a move which shouldn’t catch any plugged-in reads by surprise, the number of homes on the market in San Francisco, net of all new sales and contract activity, both pending and closed, dropped 7 percent over the past week, driven by a seasonal slowdown in new listing activity.... Read More »

How Up is Down for a Sleek San Francisco Condo

How Up is Down for a Sleek San Francisco Condo

The two-bedroom, two-bath Unit C in the converted Jackson Square building at 845 Montgomery Street, which is located in the heart of the “coveted Jackson Square Historic District,” “surrounded by world class art galleries, tree lined streets, charming alleys, and distinctive eateries,” just sold for $1.3 million having been... Read More »

Densified Polk Street Development Slated for Approval

Densified Polk Street Development Slated for Approval

In the works since 2018 and since further densified, plans to level the Jug Shop complex on the northeast corner of Polk and Pacific and develop a six-story, mixed-use building on the 2030 Polk Street site, which is to be rebranded “1580 Pacific Avenue,” despite a lobby which is... Read More »

Former Drug Den Redeveloped, Fetches $4.8 Million

Former Drug Den Redeveloped, Fetches $4.8 Million

As we outlined back in 2017: Purchased for $440,000 in 1995, the Castro District duplex at 517-519 Sanchez Street has been raided numerous times over the past seven years, resulting in the seizure of large quantities of crystal meth, heroin, ketamine, cocaine and cash. Two years ago the City... Read More »

Number of Homes on the Market in San Francisco Inches Up

Number of Homes on the Market in San Francisco Inches Up

Having ticked down 11 percent since hitting a two-decade high last month, which shouldn’t have caught any plugged-in readers by surprise, the number of homes on the market in San Francisco, net of new sales and contract activity, both pending and closed, inched up one (1) percent over the... Read More »

Western SoMa Infill on the Boards

Western SoMa Infill on the Boards

With the big redevelopment of the former German Motors Collision Center building behind the arched brick façade along Berwick Place underway, plans to raze the little, 13-foot-tall industrial building on the corner of Berwick and (10) Heron Street are in the works. And as rendered by rg-Architecture, a four-story... Read More »

Supersized Plans for Lower Potrero Hill Parking Lot Site

Supersized Plans for Lower Potrero Hill Parking Lot Site

Plans for a 5-story, 48-unit apartment building to rise on the odd-shaped parking lot parcel at 98 Pennsylvania Avenue in Lower Potrero Hill were approved back in 2016 and building permits for the project were secured and issued in December of 2018. But the ground has yet to be broken.... Read More »

Revised Plans for Building up in the Mission

Revised Plans for Building up in the Mission

As we revealed back in 2017, plans to demolish the two-story building at 2976 Mission Street, which then contained two 1900s-era residential units, one of which was unpermitted, over a commercial space that was occupied by the Old Jerusalem restaurant, and develop a new six-story building, with eight residential... Read More »

Inventory Levels Drop in S.F., Reductions Poised To Rise

Inventory Levels Drop in S.F., Reductions Poised To Rise

As was to be expected, the number of homes on the market in San Francisco, net of new sales and contract activity, both pending and closed, ticked down another 3 percent over the past week to 1,790, which is down 11.1 percent from a two-decade high in the absolute... Read More »