Articles Recently Tagged: South Beach

(62 posts)

Another Bank-Owned Sale To Believe At The Brannan

Referenced by a reader at the time we noted the listing of 229 Brannan Street #9J for $919,000 (the price at which it closed escrow this past October having sold for $1,230,000 in 2006 and $980,000 in 2004), the sale of 229 Brannan Street #3A closed escrow last week... Read More »

Believe It (At The Brannan)

Believe It (At The Brannan)

As we reported in August: From the listing when 229 Brannan Street #9J sold for $1,230,000 in September 2006: “Wrapped in luxury, this 2bed, 2 bath unit is a sanctuary in the sky…This is San Francisco living at its finest!” As plugged-in people know, the 1,412 square foot unit... Read More »

The Post-Litigation Oriental Warehouse Listing Parade Continues On

The Post-Litigation Oriental Warehouse Listing Parade Continues On

As plugged-in people know, the litigation that has been hanging over the Oriental Warehouse (650 Delancey) has recently been settled paving the way for a plurality of new listings, the latest of which is number 111 listed for $1,095,000. Purchased for $995,000 in June 2005, the sale won’t be... Read More »

The Clouds Have Almost Cleared From Over The Oriental Warehouse

The Clouds Have Almost Cleared From Over The Oriental Warehouse

While a bit of litigation (“your basic ‘construction defects’ issues such as water intrusion”) has been hanging over the units at The Oriental Warehouse (650 Delancey), a plugged-in tipster reports that while not officially finalized, “all parties have agreed to the terms and the developers’ insurance... Read More »

Up (And Down) Atop The Brannan: 229 Brannan #17J

Up (And Down) Atop The Brannan: 229 Brannan #17J

Purchased in March 2002 and sporting a current tax assessed value of $1,095,252 (which would suggest an original purchase price around $950,000), the Brannan penthouse unit known as 229 Brannan #17J returned to the market on Monday asking $1,195,000. While a sale at asking would represent total appreciation of... Read More »

Another Bank-Owned Anomaly At The Brannan (229 Brannan #3H)

Lest you mistakenly dismissed our bank owned at the Brannan post last month as an anomaly, enter 229 Brannan #3H. As an aside, it appears the pre-bank owner of #3H also lost 1522 Lake Street to the bank (but left the Brannan appliances intact). ∙ Listing: 229 Brannan #3H... Read More »

72 Townsend: So Close, But Yet So Far For 74 Approved Units

72 Townsend: So Close, But Yet So Far For 74 Approved Units

From a plugged-in tipster in 2007: “The existing ground floor windows got a good wash yesterday and are now adorned with the news that Luxury Homes are coming soon starting from the $600s. Development is by Thompson Development, hoping that that plans approved last year... Read More »

As We Wrote, It’s Not Quite 2004 For 650 2nd Street #502

As We Wrote, It’s Not Quite 2004 For 650 2nd Street #502

Purchased for $2,300,000 in 2004, seeking $3,125,000 in mid-2008, and then returning to the market in January of 2009 asking $2,750,000, the sale of 650 2nd Street #502 closed escrow yesterday (3/18/09) with a reported contract price of $2,450,000. That’s total (not average annual) appreciation of 6.5% over the... Read More »

A Plugged-In Reader Reports: 72 Townsend Not “Coming Soon?”

A Plugged-In Reader Reports: 72 Townsend Not “Coming Soon?”

From a plugged-in tipster nine months ago: The existing ground floor windows got a good wash yesterday and are now adorned with the news that Luxury Homes are coming soon starting from the $600s. Development is by Thompson Development, hoping that that plans approved last... Read More »

A Plugged-In Tipster Reports: 72 Townsend Is Now “Coming Soon”

A Plugged-In Tipster Reports: 72 Townsend Is Now “Coming Soon”

A plugged-in tipster provides an update on the warehouse to condo transformation of 72 Townsend down in SoMa: The existing ground floor windows got a good wash yesterday and are now adorned with the news that Luxury Homes are coming soon starting from the $600s. Development is by... Read More »