Purchased for $2.4 million in the third quarter of 2012, the 2,285-square-foot Penthouse Unit C (PHC) atop BLU at 631 Folsom Street has just resold for $2.89 million, representing total appreciation of 20.4 percent over the past six years on a straight-line basis. Missing from that two point timeline,... Read More »

Purchased for $1.458 million or roughly $1,185 per square foot in October 2015, the two-bedroom unit #7D at 631 Folsom Street (a.k.a. BLU), which includes a dedicated parking spot, two bathrooms and a den and is the largest two-bedroom floor plan in the building, returned to the market this... Read More »

Purchased for $2.8 million back in February of 2011, the 2,623-square-foot “Penthouse D” atop BLU at 631 Folsom Street returned to the market in April of last year priced at $4.198 million, a sale at which would have represented total appreciation of 49.9 percent over the previous five years... Read More »

Purchased as new for $763,500 or roughly $621 per square foot in August 2009, the two-bedroom unit #7D at 631 Folsom Street (a.k.a. BLU) hit the market in September 2015 and resold for $1,458,000 ($1,185 per square foot) that October, representing total appreciation of 91 percent, or 11 percent... Read More »

Purchased for $1.2 million in mid-2013, the rare two-bedroom patio residence #2F at 631 Folsom Street (a.k.a. BLU) returned to the market priced at $1.45 million this past April, a sale at which would have represented total appreciation of 20 percent over three years – or roughly 7 percent... Read More »

The plans to add four stories atop the existing seven-story building at 633 Folsom Street, adjacent to the 200-foot BLU (631 Folsom), have been completely redrawn by Gensler. And rather than an addition that would “create a seamless design with the existing building and…maintain character,” as... Read More »

Built in 1966 and last remodeled in 1998, plans to add four stories atop the existing seven-story building at 633 Folsom Street, adjacent to the 200-foot BLU (631 Folsom), are working their way through Planning. The proposed addition would add 90,000 square feet of office space to the 172,000... Read More »

Purchased for a recorded $584,000 six months ago, and which appears to have included a year of pre-paid HOA dues worth $7,482 (“Hoa paid thru 6/2010”), 631 Folsom #6E returned to the market yesterday asking $669,000 as the first listed resale at BLU. At the time of purchase this... Read More »

While not in the same league as the penthouses atop the St. Regis or Millennium (with which it shares an architect), it turns out the sale of 631 Folsom (BLU) #PHE quietly closed escrow in August with a reported contract price of $1,750,000. Originally asking $2,527,358 but officially reduced... Read More »

The first closings and owner move-ins at BLŪ (631 Folsom) are scheduled for later this week. With just under 25% of the 108 condos currently in contract (up from roughly 10% in early February), Wells Fargo’s pre-sale requirement still hasn’t been met and they won’t yet be funding loans,... Read More »