Western SoMa – SocketSite™

Apples To Apples Bay Buildings Listings (for sale) Neighborhoods Real Estate Economics RealRecentReductions Trends

Contemporary SoMa Condo Re-Listed for Nearly 40 Percent Less

May 16, 2024

As we outlined last year, the 624-square-foot, one-bedroom unit #502 at 99 Rausch, which was purchased for $880,000 in May of 2019, establishing a new “comp” for other neighborhood sales…

Apples To Apples Bay Buildings Industry Stuff Neighborhoods Trends

Contemporary Western SoMa Condo Trades Down Over 30 Percent

April 24, 2024

Speaking of “over asking” sales in this “surging” market, the re-sale of the two-bedroom condo #219 at 99 Rausch has just closed escrow with a contract price of $885,000, which…

Bay Buildings Commercial Design & Architecture Listings (for sale) RealRecentReductions Remodeling and Renovation

Million Dollar Price Cut for Ken Fulk’s Opulent Magic Factory

March 27, 2024

Built to house a furniture factory in 1922, the historic 15,000-square-foot brick and timber building at 310 7th Street was purchased by designer Ken Fulk for $3.05 million in 2007…

Apples To Apples Bay Buildings Industry Stuff Neighborhoods Real Estate Economics Trends

Two Years Later, And…

February 29, 2024

As we highlighted two years ago, the “stylish,” 1,361-square-foot unit #14 at 175 Russ Street, “in the heart of SOMA,” which was purchased for $1.165 million in April of 2019,…

As Proposed Industry Stuff Neighborhoods New Developments Real Estate Economics RealRecentReductions Trends

Fully-Approved Development Listed at Loss Reduced, Again

November 8, 2023

As we revealed last year: Acquired for $4.125 million in June of 2016, plans to level the shuttered nightclub space at 280 7th Street – a through block building which…

Real Estate Economics RealRecentReductions Trends

Price Improvements Abound

October 16, 2023

With inventory levels ticking back up and the pace of sales having slowed, the percentage of homes on the market in San Francisco with an “asking price” that has been…

Industry Stuff Listings (for sale) Neighborhoods Real Estate Economics RealRecentReductions Trends

Approved Development Now Listed at a Larger Loss, Plus…

August 30, 2023

As we revealed last year: Acquired for $4.125 million in June of 2016, plans to level the shuttered nightclub space at 280 7th Street – a through block building which…

Apples To Apples Bay Buildings Industry Stuff Listings (for sale) Neighborhoods Real Estate Economics Trends

Contemporary Two-Bedroom Condo Just Listed for a Third Less

August 16, 2023

“Tucked on a quaint street with blooming Magnolia trees,” the 857-square-foot, two-bedroom, two-bath unit #526 at 99 Rausch was purchased for $1,265,000 in June of 2019, establishing a new “comp”…

Apples To Apples Bay Buildings Industry Stuff Listings (for sale) Neighborhoods Real Estate Economics Trends

Ruh Roh on Rausch?

May 25, 2023

Purchased for $880,000 in May of 2019, establishing a new “comp” for other neighborhood sales and valuations at $1,410 per square foot, the 624-square-foot, one-bedroom unit #502 at 99 Rausch…

As Proposed Design & Architecture Industry Stuff Neighborhoods

Re-Revised Plans for Club Zone Project Closer to Reality

November 18, 2022

As we outlined last year: While permits for a five-story, 19-unit residential building to rise up to 55 feet in height upon the Western SoMa site at 33 Norfolk, a…

Brahma (incensed renter) on Modern Noe Valley Compound Now Listed for 33 Percent Less
152 days after after the revised listing mentioned in the penultimate paragraph above, 1647 Sanchez's listing was removed from the…
Brahma (incensed renter) on “Full(er) House” Home Back on the Market
Sold for 7.7 percent under asking. From India Roby at Architectural Digest, yesterday, in a story headlined The Full House…
Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops
Apparently, developers believe that S.F. doesn't have enough office space. But the vacancy rate is rising. According to an article…
Brahma (incensed renter) on Construction of Prominent Hub District Tower Has Commenced
Might have been underway when the above was posted, but we weren't kept plugged-in. Lendlease’s tower to rise at 30…
Brahma (incensed renter) on Modern New Development Fails to Sell, Taken Back by The Bank
Grubber2 pretty much nailed it. Sold by Avidbank to HSH Holdings for $14 million, or about 13.6 percent under the…
Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality
My bad. Even realtor dot com is now showing that correct amount in its listing. I should have not taken…
steve on Prominent Nob Hill Corner Closer to Proposed Reality
I think someone mistyped the HOA fees. Redfin is now showing that as $1,764/mo. It doesn't change your main point,…
Brahma (incensed renter) on Pace of Home Sales in San Francisco Drops
It's not all bad at The Millennium Tower, and we can take a look at the unit namelinked above by…
Brahma (incensed renter) on Prominent Nob Hill Corner Closer to Proposed Reality
Not only has the building — now dubbed Crescent Nob Hill — been completed since the above post, but certain…
Brahma (incensed renter) on Office Vacancy Rate in San Francisco Hits a New High, Leasing Drops
Probably won't meaningfully decrease the amount of office space on the market. Google is pulling out of it's lease at…

Contemporary SoMa Condo Re-Listed for Nearly 40 Percent Less

Contemporary Western SoMa Condo Trades Down Over 30 Percent

Million Dollar Price Cut for Ken Fulk’s Opulent Magic Factory

Two Years Later, And…

Fully-Approved Development Listed at Loss Reduced, Again

Price Improvements Abound

Approved Development Now Listed at a Larger Loss, Plus…

Contemporary Two-Bedroom Condo Just Listed for a Third Less

Ruh Roh on Rausch?

Re-Revised Plans for Club Zone Project Closer to Reality

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Tag: Western SoMa

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