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Articles Recently Tagged: Flipping

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Repainted And Flipped For $400K More

Repainted And Flipped For $400K More

Purchased for $2,600,000 nine months ago when on the market for $2.9 million, the 4,665-square-foot Forest Hill home at 279 Castenada Avenue was “updated with current colors and style featuring refinished hardwood floors…custom window treatment and nice accents” and returned to the market two months ago listed for $3,195,000. On... Read More »

Remodeled, Repositioned And…Reduced

Remodeled, Repositioned And…Reduced

As we reported late last month: Purchased for $1,412,000 three months ago, the Glen Park home at 1750 Noe Street has undergone a quick renovation, remodeling and re-positioning to “the outskirts of Noe Valley.” According to the permits, the project did not include any structural changes other than the... Read More »

Forget Flip This House, It’s Time For Flip This Mansion!

Forget Flip This House, It’s Time For Flip This Mansion!

Listed for $11 million last September, the nearly 10,000-square-foot mansion at 3725 Washington Street and former Presidio Heights home of Diana Dollar Hickingbotham Knowles quietly sold for $8,400,000 four months ago. From the listing at the time: “This remarkable property was reinvented by the well-known designer, Michael Taylor, and has extraordinary... Read More »

A Three-Month Flip “On The Outskirts Of Noe” For $1.3M More?

A Three-Month Flip “On The Outskirts Of Noe” For $1.3M More?

Purchased for $1,412,000 three months ago, the Glen Park home at 1750 Noe Street has undergone a quick renovation, remodeling and re-positioning to “the outskirts of Noe Valley.” According to the permits, the project did not include any structural changes other than the relocation of the bathroom on the... Read More »

Another Quick Flip Enters The Linea Listing Fray

Another Quick Flip Enters The Linea Listing Fray

With the sales office for Linea still trying to move their last few condos, having recently lowered the price or closed escrow for less than asking on a unit or two, and the first attempted flip in the building still available after two months on the market, another quick... Read More »

Flipping Out: $600K More After Six Months And A Mini-Makeover?

Flipping Out: $600K More After Six Months And A Mini-Makeover?

Listed for $2,895,000 nine months ago, the Forest Hill home at 279 Castenada Avenue sold for $2,600,000 this past December.  Since “updated with current colors and style featuring refinished hardwood floors in walnut tones, deluxe custom window treatment and nice accents,” the five-bedroom home is back on the market... Read More »

First Flip At Linea Seeks $1,300 Per Square Foot, Quick $200K Gain

First Flip At Linea Seeks $1,300 Per Square Foot, Quick $200K Gain

With the sales office still working to close out the last few units for sale at Linea on Market Street (a.k.a. 8 Buchanan), the buyer of a two-bedroom unit who closed escrow two months ago is looking to flip the condo for almost $200,000 more today. Purchased at the... Read More »

Price For Market Street One-Bedroom Jumps $101K In Two Months

Price For Market Street One-Bedroom Jumps $101K In Two Months

Two months ago, a brand new 786-square-foot one-bedroom condo atop “The Century” at 2200 Market Street was purchased for $949,000 ($1,207 per square foot). Having decided against a move to the city, the buyer put the condo back on the market a month ago listed for $899,000 with the space staged by Arthur... Read More »

Bill To Freeze Ellis Act Evictions In SF Headed To Senate Floor

Seeking “to ensure that real estate speculators in San Francisco do not buy rent-controlled property and empty it of long-term tenants” and written to freeze Ellis Act evictions in San Francisco until a landlord has owned a building for at least five years, Mark Leno’s Senate Bill 1439 cleared... Read More »

A Near Meaningless Analysis Of Ellis Act Profiteering That’s Likely To Make The News

A Near Meaningless Analysis Of Ellis Act Profiteering That’s Likely To Make The News

At the request of Supervisor Campos and based on “a random sample of 15 properties” as outlined above, San Francisco’s Budget and Legislative Analyst has just completed an analysis “on the level of profit landlords have made when they sell a building after evicting tenants using the Ellis Act... Read More »