Three On The Thirtieth At One (Rincon)
It’s a One Rincon address with two days on the market and three bedrooms (and baths). Purchased for $2,019,000 ($1,037 per square foot) in September 2008, 425 1st Street #3004…
Getting Schooled Revisited: San Francisco School Rankings 2009
Speaking of schools and their impact on property values, the California Department of Education has just released their Academic Performance Index (API) reports for 2009. The API is based on…
Temporary Transbay Terminal Watch (And Pool?)
San Francisco’s Temporary Transbay Terminal has five weeks to open before its “Opening Spring 2010” signs (which replaced its “Opening Fall 2009” signs) will need to be changed to “Opening…
A Bad Beacon Comp At $454 Per Square (But A Good Financial Flip)
Two weeks ago the sale of 250 King Street #802 closed escrow with a reported contract price of $670,000 ($454 per square foot and $1,000 “over asking”). As plugged-in people…
5,300 New Long-Term Housing Niches As Proposed…
Designed by Bernard J.S. Cahill the landmark San Francisco Columbarium was built in 1898 as part of what was once the Odd Fellows Cemetery. Abandoned from 1934 to 1979, The…
Redfin Reports: April Sales Volume For San Francisco Up 10% YOY
According to a soon to be released new report from Redfin, sales volume of single-family homes and condominiums in San Francisco was up 10 percent in April versus the year…
An Actual Showcase Sale In The Works For 2830 Pacific?
While a reader caught movers hard at work emptying last year’s Decorator Showcase last week, according to a plugged-in tipster 2830 Pacific is…in escrow. We could hear the hoots, hollers…
A “Calculated” Default For The Cannery At Del Monte Square
Playing the strategic default card, in March Vornado Realty Trust stopped making payments on the $18 million mortgage which helped finance its purchase of San Francisco’s landmark Cannery at Del…
Three Years And A Trio Of Looks For 224 Twin Peaks Boulevard
As we wrote in November 2008: Purchased for $1,360,000 a year ago (11/2/07), 224 Twin Peaks Boulevard returned to the market in June asking $1,395,000 and was subsequently reduced to…
Not Another Anomaly
With 14 percent of all property listings in San Francisco either already bank-owned or seeking a short sale it’s surprising how often we continue to hear of distressed sales dismissed…