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Articles Recently Tagged: Candlestick Cove

(6 posts)
A Below Market Rate Reduction to under $500 per Square Foot

A Below Market Rate Reduction to under $500 per Square Foot

Purchased as new for $330,000 in 2007, or roughly $409 per square foot, as part of San Francisco’s inclusionary (a.k.a. Below Market Rate or Affordable) housing program, the 807-square-foot, one-bedroom condo #4201 at Candlestick Cove returned to the market listed for $450,626 ($558 per square foot) six months ago,... Read More »

Cohen’s The Bank’s Candlestick Point Condo Closes Escrow

The bank-owned resale of the Candlestick Point two-bedroom condo that newly elected San Francisco Supervisor Malia Cohen purchased for $581,500 in December 2006 before letting the bank foreclose (“It was underwater, so I let it go…“) has closed escrow with a reported contract price of $320,000, a 45 percent... Read More »

Candlestick Point Woes Continue For More Than Cohen

While the Candlestick Point condo San Francisco Supervisor Malia Cohen lost to foreclosure remains listed for sale at $314,900 (having been purchased by Cohen for $518,178 in 2006), it’s a plugged-in tipster that calls our attention to two other Candlestick Point resales that are currently in contract. Both short... Read More »

San Francisco Supervisor Cohen Walks Away From Underwater Condo

Speaking of the myriad of San Francisco buyers who bought with no money down: Supervisor Malia Cohen has joined the ranks of the foreclosed, having lost her $581,178 condo to the bank. The 33-year-old Cohen was a community organizer and ran a social-media business before her election in November... Read More »

New Twist: The First Resale Short Sale At Candlestick Point – The Cove

New Twist: The First Resale Short Sale At Candlestick Point – The Cove

While we often note the first few resales in a new development as a measure of open market value, here’s a new twist: the first short sale (as far as we know). SHORT SALE. Gorgeous 3BR/2BA 1 year new condo at Candlestick Point, a beautiful gated community. Inviting living... Read More »

The Cove (Candlestick Point)

The Cove (Candlestick Point)

Our first thought upon spying The Cove from 101: “Are they building a prison over there?” And after perusing their website (“Candlestick Point is one of the City’s hottest new neighborhoods,” and “fast becoming one the of the City’s most desirable addresses”), our second thought: “Uh….” The Cove consists... Read More »