CFAH

Articles Filed Under: Rentals

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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 »

Average Asking Rent in San Francisco Ended the Year Up, But…

Average Asking Rent in San Francisco Ended the Year Up, But…

While the weighted average asking rent for an apartment in San Francisco is ending the year around 5 percent higher than at the end of 2021, it ticked down 2 percent in December to $3,500 per month and dropped 6 percent in the fourth quarter of 2022, “with what... Read More »

Asking Rents in Oakland Tick Up, Nearing Pre-Covid Rates

Asking Rents in Oakland Tick Up, Nearing Pre-Covid Rates

While the weighted average asking rent for an apartment in San Francisco dropped 3 percent in November, the average asking rent in Oakland ticked up ticked up a little over 2 percent to $2,625 per month, which is 8 percent higher than at the same time last year and... Read More »

Rents in San Francisco Drop, Availability Up

Rents in San Francisco Drop, Availability Up

Having ticked down a percent in October, the weighted average asking rent for an apartment in San Francisco has since dropped another 3 percent to $3,575 per month and has declined for three months in a row with what would appear to be typical seasonality back in play, at... Read More »

New Plans for Approved Swoopy Tower Site and Development

New Plans for Approved Swoopy Tower Site and Development

While the plans for two swoopy towers to rise up to 425 feet in height on the northeast corner of 4th and Townsend were approved back in 2019, the ground has yet to be broken, permitting is on hold and Tishman Speyer is now seeking approval for a new... Read More »

Plans for an 18-Story Tower on Turk Have Been Drawn

Plans for an 18-Story Tower on Turk Have Been Drawn

Plans to raze the little retail building at 105 Turk Street and shutter the adjacent parking lot are in the works. And as envisioned by the Smith Group for Veritas Investments and roughly rendered below, an 18-story building would be entitled to rise up to 177 feet in height... Read More »

#Vote (UPDATED)

If you’ve already mailed your ballot or cast an early vote, thank you. If not, San Francisco’s Voting Center on the ground floor of City Hall (1 Dr. Carlton B. Goodlett Place) and all local polling places will be open from 7am to 8pm on November 8. As always,... Read More »

Asking Rents in San Francisco and Oakland Slip, Inventory Up

Asking Rents in San Francisco and Oakland Slip, Inventory Up

The weighted average asking rent for an apartment in San Francisco ticked down another (1) percent in October to $3,690 per month and has now ticked down for two months in a row. As such, while the average asking rent in San Francisco is 10 percent higher than at... Read More »

Reductions, Rent and a Harsh Reality

Reductions, Rent and a Harsh Reality

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 the MLS without a sale having... Read More »

Asking Rents in San Francisco Slip, Availability Ticks Up

Asking Rents in San Francisco Slip, Availability Ticks Up

Having held in August, the weighted average asking rent for an apartment in San Francisco actually slipped around a percent in September to $3,725 per month, representing the first pullback in seven months.  And while 9 percent higher than at the same time last year and 22 percent above... Read More »