What You Can Buy in District 5

“District 5″ in Realtor terms refers to the gaggle of centrally located neighborhoods in San Francisco—areas such as Noe/Eureka Valleys, Glen Park, Mission Dolores, Cole Valley and the like. It’s one of the largest and most popular districts in the city, and one in which I frequently sell homes.

It’s early in 2013, but here’s a roundup of what’s available right now in District 5:

235 Duncan Street / Dolores
Noe Valley Single-Family Home
3BR/1BA, approx 1350 sq ft
3-car parking
List Price: $1,300,000

Though this mid-century home in Upper Noe is generously proportioned and totally liveable, 235 Duncan is all about the oversized lot that offers its future owner the potential to expand on the garden level. (At the very least, you can hopefully add a bathroom.) The floor plan works, the kitchen and bath could use an update, and the location is convenient to the J Muni, as well as many restaurants and cafes.

1250 Page #3 / Baker
Haight Condo
2BR/1BA, approx 824 sq ft
1-car parking
List Price: $599,000

1250 Page #3 is a very charming and efficient unit with all the basics in place—good-sized galley kitchen, private patio overlooking Page Street, two bedrooms separated by the bathroom, and a living room that gets nice natural light. No, the 1980s building is not a charmer in a neighborhood known for its architecturally unique Edwardians and Victorians. But if your budget is in the $600,000-$700,000 range and you want two bedrooms in a great location with parking, 1250 Page #3 could be the perfect home for you.

3322 16th Street #3 / Dolores
Mission Dolores TIC
2BR/1BA, approx 850 sq ft
1-car parking
List Price: $600,000

The tenancy-in-common (TIC) proposition is that you can buy a unit in a neighborhood that otherwise wouldn’t be affordable. 3322 16th Street #3 falls into that category. Situated at 16th and Dolores amidst everything Mission Dolores, Eureka Valley and the Mission have to offer, this second-floor TIC is situated in a six-unit building. It’s being sold with fractional financing, which means you have your own loan (but are still on title with all the other owners). The building was renovated and sold as TICs several years ago. The space is decent, with mid-range finishes and good-sized bedrooms. Top-floor unit #6 sold recently for $600,000, so given that #3 is on the middle level, there should be some room to move on price.

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