Articles Recently Tagged: Flipping

(52 posts)
Foreclosed Upon Noe Flop Liquidated at a Loss

Foreclosed Upon Noe Flop Liquidated at a Loss

The failed “Dreambuilders” flip of the Noe Valley home at 639 Grand View Avenue, which was foreclosed upon earlier this year and taken back by the financiers who were owed $3,576,411 on the investment, returned to the market with a $3,195,000 price tag in May having been completed and... Read More »

Refreshed Noe Condo Flipped for $200K More

Refreshed Noe Condo Flipped for $200K More

Purchased for $1.95 million in June of 2015, the 1,753-square-foot unit #7 in the former St Paul’s Primary School building at 300 Valley Street returned to the market priced at $2.195 million this past September, at sale at which would have represented total appreciation of 12.6 percent for the... Read More »

Refreshed Noe Valley Condo Suddenly Returns

Refreshed Noe Valley Condo Suddenly Returns

As we outlined at the end of last year: Purchased for $1.95 million in June of 2015, the 1,753-square-foot unit #7 in the former St Paul’s Primary School building at 300 Valley Street returned to the market priced at $2.195 million this past September, at sale at which would... Read More »

Scofflaw Developer Settles for $1.2 Million

Scofflaw Developer Settles for $1.2 Million

Having been accused of routinely engaging in the under-permitted renovation and expansion of residential properties throughout San Francisco, Ashok Gujral, a local real estate developer, has agreed to pay $1.2 million to settle with the City. In addition to the cash settlement, Gujral has been required “to bring all... Read More »

Previously Flipped Nob Hill Condo Now Listed at a Loss

Previously Flipped Nob Hill Condo Now Listed at a Loss

As we outlined in April: Purchased for $1.74 million in May of 2015, renovated (“including all new kitchen, all new bathrooms, a lighting system, hardwood floors and window coverings”) and then successfully flipped for $2.255 million in March of 2016, the 1,789-square-foot unit #202 at 1150 Sacramento Street returned... Read More »

Luxury Two-Bedroom with Views Nearly Fetches its Early 2018 Price

Luxury Two-Bedroom with Views Nearly Fetches its Early 2018 Price

Purchased for $2.38 million in February of 2018, the two-bedroom unit #31C on the 31st floor of LUMINA’s Tower B (201 Folsom Street, at the corner of Beale) returned to the market with a $2.688 million price tag three months ago, a sale at which would have represented anticipated... Read More »

Price Cut for a Newly Rendered Noe Flip

Price Cut for a Newly Rendered Noe Flip

Having been owned by the same family for half a century, the three-bedroom Noe Valley Victorian at 331 Day Street hit the market last May, touting “many of the traditional details that Victorian fans appreciate: from the crown moulding (sic) and embossed wallpaper to the glass cabinet pulls and... Read More »

Truth in Advertising

Truth in Advertising

Having been “marketed to those with Vision and Experience who can see the potential of this diamond in the rough,” the three-bedroom Noe Valley home without a garage at 374 Valley Street was purchased for $1.5 million in September of 2016. Since remodeled, “featuring luxury finishes throughout with new... Read More »

Eight-Figure Folly or Cunning Cow Hollow Flip?

Eight-Figure Folly or Cunning Cow Hollow Flip?

Listed for $12.5 million six months ago, the brand new 6,000-square-foot Cow Hollow mansion at 2528 Union Street ended up selling for $12.0 million on the first of September, the sale of which resulted in a $330,000 transfer tax being paid by the development team (which shares the same last... Read More »

Prime Noe Valley Take Two

Prime Noe Valley Take Two

Purchased mid-renovation for $3.8 million in February 2015, the four-bedroom Noe Valley home at 4316 25th Street returned to the market as a finished flip this past September, priced at $4.9 million or roughly $1,284 per square foot for the “fully renovated Victorian gem” on a prime Noe Valley... Read More »