Monthly Archives: October 2010

How’s the Market In: Sunnyside

How’s the Market In: Sunnyside

Sunnyside is a relatively quiet residential neighborhood lined with single-family houses. It sits just north of City College (check out this map for the area) and is in close proximity to Hwy 280 and downtown Glen Park. The area is popular with first-time home buyers seeking starter homes, as well as long-time residents who appreciate the close-knit community feel. (The most recent high-profile project was the renovation of the Sunnyside Conservatory on Monterey.)Continue Reading

Gold Coast Manse Graces Market for $32M

Gold Coast Manse Graces Market for $32M

Last sold for $5.5M in 1998, 2701 Broadway returns less than a decade later with a list price of $32M.

The 7BR/7BA home was restored in 2002 and has everything you’d expect for the price, including unobstructed Golden Gate Bridge to Bay and city skyline; three rooftop terraces; full seismic upgrade and mechanical systems; and a commercial-speed elevator to all five levels.

2701 Broadway may give neighbor 2901 Broadway a run for its money. That property, listed at $45M, has been on the market for 1278 days and counting.

Wave of Interest Brewing for Sunset Cottage

Wave of Interest Brewing for Sunset Cottage

If you’re out and about in the Outer Sunset on a regular basis, you might recognize the above “rustic fence” at 1530 48th Avenue between Kirkham and Lawton. Behind this weatherbeaten divider sits a very cool 2BR/1BA cottage that just came on the market for $799,000. And I’m betting there are a lot of agents and buyers who have already checked out the details of this listing.Continue Reading

How To Figure Out If You Can Sell Your TIC

I’ve been fielding calls and emails regularly from TIC homeowners on long-standing group loans in 3+ unit buildings who want or need to sell their TIC interest. Unfortunately, many of these homeowners are unable to sell, and that turns out to be quite a surprise.

I wanted to put together a checklist to help these prospective TIC sellers determine whether they’ll indeed be able to sell their interest. Continue Reading

Just Listed: 282 Moscow in Excelsior

Just Listed: 282 Moscow in Excelsior

I’ve been spending some time in the Excelsior lately, getting my new 2BR/1BA listing ready for sale. 282 Moscow is a 1,025-square foot home has a living room with a fireplace, large kitchen with dining area, bathroom with skylight, and two bedrooms with lovely northwesterly views. The house gets nice natural light throughout.Continue Reading

SoMa, South Beach Have Bright Real Estate Future

SoMa, South Beach Have Bright Real Estate Future

The SF Examiner ran an interesting piece this week entitled “SoMa Buildings Attracting Tech Companies.”

The upshot is that tech companies are steadily filtering back into San Francisco and scooping up large blocks of office space. Google, for example, is about to take over a 263,000-square-foot space at 345 Spear, and Zynga will be leasing a 260,000-square-foot office building in SoMa. It looks like tech companies are growing again, and they’re aiming to attract talent by situating themselves where their employees would prefer to live.Continue Reading

Good Deals: 2288 Filbert & 34 Harris in Cow Hollow

I stopped in during my broker tour yesterday at two condos in Cow Hollow that I thought were good deals:

2288 Filbert is a 2BR/1BA Victorian flat with about 1350 square feet:

Filbert has a nicely remodeled kitchen and bath, as well as a formal dining room and small deck off the kitchen. There’s one-car independent parking, storage, and HOA dues are $184/mo. The unit is in a three-unit building that is situated one block from the wildly beating heart of Union Street. I thought this condo was great for buyers who want to roll out of bed and be in Rose’s Cafe—not to mention be about three blocks from Chestnut Street, which is just across Lombard. List price: $829,00.

And then there was the adorable 34 Harris:

That country kitchen is the centerpiece of this cozy first-floor unit in a two-unit front building. (The rear building represents one unit.) Though the condo is on the small side at 729 square feet, it’s got a functional floor plan that includes a den. The three units share a brick patio, and the building is 1.5 blocks to Union Street. Though parking is not in the building, the seller of this particular unit has leased a spot just up Harris for $300/mo. List price: $599,000. I liked that the kitchen was large enough to accommodate an island, and also that there’s a door that leads right off the kitchen on to the patio.

Preview: 1 Ecker in Yerba Buena

I stopped in to preview the “new” 51-unit brick and timber condo development at 1 Ecker over the weekend. Some of you might recall that condos here were on the market a couple years ago, but that the development was then foreclosed upon. The new owners reportedly paid $14M and expect to spend several million more finishing the building. Delivery is expected in early December.Continue Reading

Just Sold: 1BR in Linden Hayes

Just Sold: 1BR in Linden Hayes

I’m proud to say that I’ve brought another happy homeowner to the Linden Hayes condo project at 233 Franklin. My client purchased a 1BR/1BA, listed at $609,000.

#504 boasts a top-floor position in the building, and the unit has all the high-end finishes for which Linden Hayes is now known. There is only one condo left in this 32-unit development, and that’s a 2BR listed at $799,000. All units come with parking.

Good Space, Views and…Rock Climbing Wall at Noe Home

The latest offering in Noe Valley for the under-$1M buyers out there is 437 Valley at Noe. The 3BR/2BA 1920s home has an updated kitchen and bath, and a potentially unwarranted lower level where the third bedroom, second bath and second kitchen are located. (My guess is that this level was once an apartment, so you’ll want to do your due diligence on the zoning of the property and make sure you know what exactly you’re buying.)Continue Reading

Get in touch:

Eileen Bermingham

Zephyr Real Estate

415.823.4656

ebermingham@zephyrsf.com

BRE# 01352627

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