I toured The Heights yesterday, a 13-unit, two-building condo development on California and Divisadero on the border of Pacific Heights/Lower Pacific Heights. There are two- and three-bedroom residences available, all with parking and unique floor plans. Finishes are all high-end, running the gamut from Bertazzoni ranges and Liebherr refrigerators to Carrera marble and quartz countertop islands and Heath Ceramics backsplashes.
The more desirable of the two buildings fronts California Street and has nine condos over a commercial space (and an elevator). Four of the units have list prices ranging from $1,249,000 for a 2BR/2BA, 1273-square foot condo to $1,949,000 for a 3BR/2BA, 1920-square foot unit. (They’re waiting to see how sales go on these initial units before pricing the remaining condos, which range in square footage from 1,371-1,693.)
I liked the least expensive unit of the bunch, which was #3C. This is a 3BR/2BA for $1,249,000 and it had a great patio that spans the width of the unit and is situated right off the main living area:
The bedrooms in #3C all face a small interior courtyard, so you don’t get any views. But this unit is all about the outdoor space. The master is one floor up, so it’s pretty private if you want separation from a guest bedroom.
I also walked through the top-floor units, many of which have large private rooftop spaces accessed via staircase within the condo. The floor plans vary; for example, in #8C (listed for $1,949,000) the bedrooms have south-facing outlooks and get great light.
The building that fronts Divisadero has four condos and is a little less posh. Its units range from 1,768-2,000 square feet. There’s no elevator, for example. #1 has a small kitchen area, though nicely done:
There were two bedrooms on the main level, and a staircase down to a family room and bathroom:
#1 didn’t get great natural light, but it does have usable space.
I liked #3 a bit better. That has two bedrooms on the entrance level, and includes a master bedroom with a cute bathroom “window” that reminded me of a hotel I stayed in during a Bali holiday:
The upper level in #3 has the same open living/dining/kitchen floor plan, with a skylight over the dining area and a staircase to the private rooftop area. There’s also another room that has a closet and is being called a bedroom. But as there’s no window, I would define this as a den.
There’s no pricing available for the Divisadero building just yet; they’re basically seeing how things go with the first four California building unit sales. Offers on the first four units will be reviewed on January 21st or 28th, depending on which condo you’re interested in.
HOA dues are between $300-$500/month. The commercial spaces so far include a vegan restaurant, dentist’s office and “something really exciting” that’s not been announced yet. There’s storage available and there are 18 parking spaces, which means you can try to arrange for more than one space if you get in early enough.
Overall, I liked the California building and thought the units were priced realistically (a bit more than $1,000/sq foot) for new construction in a central area that doesn’t often see much “in-fill” development. (It’s not as if you can plop a 13-unit development in the middle of a prime Pacific Heights block.) Based on my recent sales in other new developments, I can say that $1,000/sq foot is roughly the going rate, particularly if you’re getting parking and private outdoor space. You can check out the Web site here for floor plans and more details on the development. I’m a fan, and would be happy to take you through the project if you’d like. Just give me a call at 415.823.4656 or email at email@example.com.