Tag Archives: 299 valencia

The Real Estate Boom is Back

It’s a good time to officially acknowledge what’s been going on in our local real estate market, now that we have the first half of 2012 in the bag.

The San Francisco market has intensified since earlier this year, with buyers experiencing multiple-offer situations and properties going into contract within days of hitting the market. Continued job growth in the tech sector and historically low interest rates are fueling this activity, and there’s a palpable optimism out there that didn’t exist in 2011. The competitive market is most suited to buyers who are consistently looking at properties and actively writing offers which are frequently above the list price. Continue Reading

Just Sold: 380 14th #504 in The Mission

Just Sold: 380 14th #504 in The Mission

My client just closed on a beautiful 2BR/2BA condo at 380 14th Street, otherwise known as 299 Valencia in the Mission. #504 boasts sunny southern exposure and views of downtown and the San Francisco hills. It also has lovely finishes such as CaesarStone counters, stainless-steel appliances, and wood floors. Included are in-unit washer/dryer, one-car parking and storage room. List price: $840,000.

It seems like every other day there’s a new business setting up shop along Valencia, so my client is thrilled to be moving to such a convenient location.

Preview: 299 Valencia in The Mission

Preview: 299 Valencia in The Mission

I took a tour of the new 36-unit development at 299 Valencia in the Mission yesterday. The units are built out, but many aren’t quite finished and construction continues. However, it was easy to get a sense for the space, outlooks and overall potential appeal of the project.

First, the lay of the land: 299 Valencia has one- and two-bedroom condos with a variety of floor plans. The 1BR/1BA units start in the $400,000s and are 475-615 square feet. HOA dues are in the mid $300s per month. The 2BR/1BA homes start in the mid $500,000s and are 630-815 square feet, with HOAs of around $400/month. And the 2BR/2BA units start at $700,000 and are roughly 800-1000 square feet; dues are in the low to mid $400s/month. (For homes with parking and optional storage, HOA dues will be slightly higher than quoted.) Continue Reading

Contact Eileen for Real Estate Help

Eileen Bermingham

Corcoran Global Living

415.823.4656

eileen@insidesfre.com

DRE# 01352627

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