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Articles Recently Tagged: Lumina

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Apples-to-Apples Versus The Index for a Luxury One-Bedroom

Apples-to-Apples Versus The Index for a Luxury One-Bedroom

Purchased for $1.245 million in May of 2018, the 876-square-foot, one-bedroom unit #23D in the Lumina tower at 201 Folsom Street, “the most premier residential building in San Francisco,” returned to the market listed for $1.299 million in May of this year, a sale at which would have represented... Read More »

Apples-to-Apples Versus The Index for a Luxury Two-Bedroom

Apples-to-Apples Versus The Index for a Luxury Two-Bedroom

Purchased for $1.945 million in April of 2018, the two-bedroom, two-bath unit #27B in the Lumina tower at 201 Folsom Street, which “exemplifies urban luxury,” with high-end finishes and city views, returned to the market listed for $2.099 million in February of 2019. Subsequently reduced to $1.999 million while... Read More »

Penthouse Shells Finally Trade, One Intended as a Flip

Penthouse Shells Finally Trade, One Intended as a Flip

Originally priced at $11.495 million, to which a $1.55 million “buildout incentive” was subsequently attached, prior to a series of outright price reductions, the sale of the 5,700-square-foot penthouse shell #41A atop the LUMINA tower at 201 Folsom Street has finally closed escrow with a contract price of $6.0... Read More »

Another Luxury Condo Trades at a Loss, As Advertised

Another Luxury Condo Trades at a Loss, As Advertised

Purchased for $1,419,478 in April of 2016, a price which didn’t include a storage unit in the building which was purchased separately and was included in its most recent sale, the re-sale of the “rarely available top floor plaza unit” #C8H at 333 Beale Street, a 985-square-foot, one-bedroom LUMINA... Read More »

Value of a Prized View Condo Drops $500K

Value of a Prized View Condo Drops $500K

As we outlined in October of last year: Purchased from the sales office for $3,149,500, or roughly $2,003 per square foot, back in June of 2016, the “highest and largest” two-bedroom, two-bath unit in the Lumina tower at 338 Main Street, unit #35A, was then listed for $3,449,000 in... Read More »

Rarely Available View Condo Drops $275K

Rarely Available View Condo Drops $275K

As we outlined earlier this year: Purchased for $2.125 million in April of 2016, the “rarely available,” two-bedroom, two-bath condo #17E in the LUMINA tower at 338 Main Street was offered for rent at $7,000 a month in 2018. After a year as a rental, the unit returned to... Read More »

Penthouse Shell Dropped Over 40 Percent

Penthouse Shell Dropped Over 40 Percent

Priced at $10.495 million in September of 2019, a subsequent $1.55 million “buildout incentive” failed to move the 5,223-square-foot penthouse shell #41B atop the LUMINA tower at 201 Folsom Street and the list price for the “spacious dual level corner home…that offers unique potential and 270 degree views” was... Read More »

Rarely Available View Condo Listed for 19 Percent Less

Rarely Available View Condo Listed for 19 Percent Less

Purchased for $2.125 million in April of 2016, the “rarely available,” two-bedroom, two-bath condo #17E in the LUMINA tower at 338 Main Street was offered for rent at $7,000 a month in 2018. After a year as a rental, the unit returned to the market priced at $2.4 million... Read More »

Luxury View Condo Drops $700K Despite Bay Area Trend

Luxury View Condo Drops $700K Despite Bay Area Trend

Purchased for $5.3 million in January of 2018, the nearly 2,700-square-foot unit #39B atop the Lumina tower at 201 Folsom Street returned to the market priced at $5.998 million in October of 2019, a sale at which would have represented total appreciation of 13.2 percent since the end of... Read More »

Luxury One-Bedroom Drops $200K Since Mid-2019

Luxury One-Bedroom Drops $200K Since Mid-2019

Purchased for $1.225 million in May of last year, near the height of the industry-driven “wave of millionaires” misreports, the garden view unit #4C in the Lumina mid-rise at 333 Beale Street returned to the market priced at $1.268 million this past January. The 916-sqaure-foot, one-bedroom unit is outfitted... Read More »