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 in the One Rincon Hill tower at 425 First Street, a 1,309-square-foot unit with “commanding Bay Bridge and water... Read More »

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 mere $8,000 (0.8 percent) more this past April. And having been reduced to $995,000 in May, the sale of... Read More »

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 listed as a rental for $3,800 in mid-2014 and actually rented for $3,750 per month, which included valet parking... Read More »

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 Rincon Hill at 425 1st Street was subsequently upgraded, with new hardwood flooring in place of carpet in the... Read More »

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 1st Street known as One Rincon Hill has been filed by the homeowners association in San Francisco’s Superior Court.... Read More »

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 floor plans and unit layouts, Phase II will combine the two adjacent small one bedroom units at the center... Read More »

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 to start approximately June 1, 2012 and be completed in an estimated 26 months. The building design, unit size... Read More »

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 ($566,000) cheaper for the One Rincon Hill three-bedroom today than in August of 2008. Read More »

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 the sales office for $1,605,500 ($1,226 per square) in August 2008. As we wrote when #4702 hit the market... Read More »

Purchased as a One Rincon Hill two-bedroom for $1,250,000 ten months ago, 425 1st Street #4706 has returned to the market with one less bedroom but all 1,238 square feet and asking the same. In the words of the listing agent: Similar two-bedroom units present a challenge for entertaining... Read More »