Articles Recently Tagged: Yerba Buena Lofts

(9 posts)
Rare Yerba Buena Terrace Unit Drops Below its 2015 Price

Rare Yerba Buena Terrace Unit Drops Below its 2015 Price

Purchased for $1.515 million in September of 2015, the upgraded 1,400-square-foot Yerba Buena Loft unit #523 at 855 Folsom Street, which was designed by Stanley Saitowitz and is “one of the area’s most sought after addresses,” is outfitted with two bedrooms, two baths, a private 400-square-foot south facing terrace... Read More »

An Affordable Yerba Buena Loft (That’s Currently Bank-Owned)

An Affordable Yerba Buena Loft (That’s Currently Bank-Owned)

Designated as one of the development’s required affordable units, the 722-square-foot unit #502 at Yerba Buena Lofts (855 Folsom Street) was purchased as new for a below market rate (BMR) price of $306,500 of 2003. In 2009, the Yerba Buena Lofts Homeowner’s Association filed a lien on unit #502... Read More »

Apples-To-Apples And A Quick Foreclosure Flip At 855 Folsom

Apples-To-Apples And A Quick Foreclosure Flip At 855 Folsom

As we first reported in December: Purchased for $649,000 six years ago, returned to the market in December 2008 asking the same but withdrawn from the market in February 2009, by January of 2010 the then owner of 855 Folsom #102 was $22,813 pas due on a $519,200 first... Read More »

Apples to Oranges and Back to Apples at 855 Folsom

Apples to Oranges and Back to Apples at 855 Folsom

Purchased for $649,000 six years ago, returned to the market in December 2008 asking the same but withdrawn from the market in February 2009, by January of 2010 the then owner of 855 Folsom #102 was $22,813 pas due on a $519,200 first mortgage alone. Last month, the Yerba... Read More »

Saitwowitz’s Yerba Buena Lofts (855 Folsom) Showcase Unit Returns

Saitwowitz’s Yerba Buena Lofts (855 Folsom) Showcase Unit Returns

One of twenty-one terrace units at the 200-unit Saitowitz designed Yerba Buena Lofts, one of fifteen with two full baths, 855 Folsom #539 was purchased new for $690,000 in 2002. Customized with dual 18 foot motorized shades (including blackout), a Norbert Wangen designed Boffi K2 kitchen island (sans the... Read More »

What’s Below A BMR?  (To Be Said At Least Two Times Fast)

What’s Below A BMR? (To Be Said At Least Two Times Fast)

A Yerba Buena Lofts (855 Folsom) two-bedroom listed for $399,000. A one-bedroom at the Metropolitan (355 1st) listed for $297,588. Considering both are Below Market Rate (BMR) resales the prices shouldn’t come as any big surprise, the fact that both have been on the market for over four months... Read More »

855 Folsom Apple On The Tree: Will It Be Déjà Vu All Over Again?

855 Folsom Apple On The Tree: Will It Be Déjà Vu All Over Again?

Purchased for $649,000 on 12/30/2005, 855 Folsom #102 is back on the market three years later and asking $649,000. Will it be déjà vu all over again? Read More »

Yerba Buena Lofts Redux

Yerba Buena Lofts Redux

Last August we featured three units in the Yerba Buena Lofts (855 Folsom). Today, Curbed offer a great overview of the building, its architect, and three new listings. A couple of observations: Michael Broerman owns the listings in that building; and is it just us, or do the average... Read More »

Yerba Buena Loft Liquidation?

Yerba Buena Loft Liquidation?

Barbagelata’s two page ad in the most recent Real Estate Times features eighteen properties, of which 28% are Yerba Buena Lofts. Only three units, however, are listed on the MLS (all of which have the same listing agent). Perhaps this is an investor sensing the top of the market... Read More »