Articles Recently Tagged: Dwelling Unit Merger

(26 posts)
San Francisco Sues Developer with History of Under-Permitted Work

San Francisco Sues Developer with History of Under-Permitted Work

City Attorney Dennis Herrera has just filed suit in San Francisco Superior Court against Ashok Gujral, a local real estate developer and investor accused of routinely engaging in under-permitted construction on residential properties throughout San Francisco. According to the complaint, Gujral would seek permits for simple and uncomplicated projects... Read More »

Merged Millennium Tower City Residence Fetches $4.66M

Merged Millennium Tower City Residence Fetches $4.66M

Two adjacent units on the fourth floor of the eleven-story mid-rise component of San Francisco’s leaning Millennium Tower development (a.k.a. the City Residences) were legally merged back in 2013 to create a single four-bedroom unit #401 which measures 3,814 square feet and sold for $5.3 million in May of... Read More »

A Hedge Fund Manager’s Plan for Doubling up in Presidio Heights

A Hedge Fund Manager’s Plan for Doubling up in Presidio Heights

When the hedge fund manager who lives in the 4,400-square-foot Presidio Heights home at the corner of Walnut and Jackson learned that the home next door at 3311 Jackson, a smaller 3,000-square-foot home which had been in the same family since being constructed in 1928, was going to be... Read More »

How to Play Planning and Mint a Few Million Bucks

How to Play Planning and Mint a Few Million Bucks

Purchased as two adjacent but completely separate units in the Royal Towers building at 1750 Taylor Street for a combined $4.6 million back in January of 2014, an application to legally merge the one-bedroom unit #804 and the two-bedroom unit #805 was soon filed with the city, citing a... Read More »

A Mega Merger and New Mansion in Pacific Heights

A Mega Merger and New Mansion in Pacific Heights

Purchased as a vacant 7-unit building for $4.95 million in 2009, the 14,000-square-foot structure at 104 Presidio Avenue, which sits on the border of Pacific and Presidio Heights, was effectively gutted, remodeled and a new seven car garage was added below. The approved permits and plans for the multi-million... Read More »

Gutted Four Seasons Condo Fetches $3.3 Million

Gutted Four Seasons Condo Fetches $3.3 Million

Purchased for $3.42 million in 2006, the 2,757-square-foot unit #22A on the twenty-second floor of the Four Seasons Residences at 765 Market Street returned to the market listed for $5.95 million at the end of 2014, after which it was gutted and reduced to a shell following its approval... Read More »

Pac Heights Compound Fetches $18.1 Million

Pac Heights Compound Fetches $18.1 Million

Purchased as a legal three-unit building for $7.3 million in early 2014 and then gutted, merged, expanded and “restored,” 2476 Broadway returned to the market listed as a “Stately Pacific Heights Compound” for $22 million this past May. Reduced to $19.5 million in August, the property was in contract... Read More »

A $2.5 Million Price Cut for that Stately Pacific Heights Compound

A $2.5 Million Price Cut for that Stately Pacific Heights Compound

With the asking price for the remodeled view-home next door having been reduced by $2 million (13 percent) last month, the asking price for the “Stately Pacific Heights Compound” at 2476 Broadway has just been reduced by $2.5 million (11 percent) as well. Once again, purchased as a legal... Read More »

Protecting the 1 Percent from $5M Apartments on Russian Hill

Protecting the 1 Percent from $5M Apartments on Russian Hill

Listed together for $5.5 million in October of 2013, the Royal Towers (1750 Taylor Street) one-bedroom unit #804 and adjacent, but not connected, two-bedroom unit #805 sold for a combined $4.6 million in January of 2014. From the listing at the time: “Combine these 2 apartments and have amazing... Read More »

Asking $22 Million for a Stately Pacific Heights Compound

Asking $22 Million for a Stately Pacific Heights Compound

Purchased as a legal three-unit building, which had long been used as a single-family home, for $7.3 million in early 2014, an application to merge two of the three units was approved, the building was gutted, and “2476 Broadway” has just returned to the market as a contemporary 9,340-square-foot... Read More »