Every once in a while, an email passes through my inbox that makes me do a double take. Today, I received one about a one-bedroom, Nob Hill coop pocket listing (not on the Multiple Listing Service) for $2,895,000. The coop is located in the 1200 California building. For this price, you get a 1,435 square foot unit on the 25th floor with a separate library/office area and interior parking.
Since recent two-bedroom coops on the 12th and 15th floors in 1200 California have topped out at $2.3M, they are seriously valuing the 25th floor position. And there’s competition over at The Millennium Tower on Mission Street. You can get a 1779 square foot one-bedroom condo for $2,225,000.