We’re in the midst of the San Francisco Spring market, with properties going into contract and selling at a rapid pace.
But not every home lands a buyer immediately. In fact, there are 63 single-family homes and 155 condos/TICs that have been on the market for more than a month.
Many of these market sitters are listed for well above $2M. So buyers with that kind of purchasing power currently have a good property selection.
But there are certainly homes listed for less that may be more attainable for a majority of buyers. Here are a few of my picks:
Days on Market (DOM): 57
3BR/3BA house, 1,686 sq ft, 1 driveway pkg
List price: $1,398,000
650 Mangels is a very unique home that could use a minor adjustment or two from its next owner. The property has a lovely detached main house that has an amazing upstairs master bedroom and bath (see photo). There’s a garden off the kitchen, and a smaller, second bedroom at the rear. The front building has a room upstairs, with an odd trap door where you can climb down a ladder to reach the bathroom, which takes up the space where you’d be parking. This is obviously the sticking point for many. In the end, you’re looking at a two-bedroom house with another room above the garage. I’d clear out that weird bathroom, restore the parking space and use the upper level for a family or media room. Good Sunnyside location with easy freeway access and a 1.1-mile, 20-25 minute walk to the Glen Park BART station. Listing courtesy of Climb Real Estate Continue Reading