Apples-to-Apples Versus Index for a Coveted One-Bedroom
Purchased for $1.025 million in June of 2015, the “coveted corner one-bedroom” unit #807 in the One Rincon Hill tower at 425 1st Street returned to the market priced at…
Three Points for a Coveted Two-Bedroom With Views
Having hit the market priced at $1.95 million in March, a price which was subsequently reduced to $1.835 million in May, the sale of the “coveted” south-east corner unit #1902…
Rincon Hill View Condo Nearly Fetches its 2016 Price
Purchased for a little over a million ($1,007,000) in January of 2016, the “exceptional” 710-square-foot, one-bedroom view condo #4905 atop One Rincon Hill returned to the market listed for a…
The Economics of a Rincon Hill Condo and Reality Check Redux
As we originally outlined back in the third quarter of 2015: Purchased for $700,000 in 2012, or roughly $1,150 per square foot, the one-bedroom One Rincon Hill condo #4404 was…
Rincon Hill Penthouse Fetches 4.7 Percent over Its 2014 Price
Purchased for $3.535 million at the end of 2014, prior to which it had been listed for rent at $18,000 per month, the three-bedroom, three-bath penthouse unit #5204 atop One…
Another Tower in S.F. Sees Premature Deterioration, Files Suit
While not nearly as serious as the lawsuits related to the sinking Millennium Tower, a lawsuit seeking damages for the “premature and unreasonable deterioration” of the 55-story tower at 425…
One Rincon Hill: The Ground Has Been Broken For Tower Two
The ground has been broken for tower two at One Rincon Hill to rise. As we first reported earlier this year with respect to the 299-unit Phase II: “For the…
The One Rincon Hill Tower Two Timing, Design And Details Scoop
A plugged-in tipster over at One Rincon Hill delivers the design, timing and detailed scoop with respect to the second tower and One Rincon Hill Phase II: Construction is anticipated…
Still Not Cheap (But Half A Million Cheaper Than In 2008)
Just listed for $2,350,000 or $1,207 per square foot, the list price for 425 1st Street #5204 isn’t exactly cheap. But having been purchased for $2,916,000, it is 19.4 percent…
The “America’s Cup Effect” In Action?
The re-sale of 425 1st Street #4702 closed escrow yesterday with a reported contract price $1,350,000 ($1,031 per square foot) for the One Rincon Hill two-bedroom which was purchased from…