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July 23, 2014

What You Can Buy: 21 Days & Counting

Properties in San Francisco commonly go into contract within a week or two of being on the market. Which means that things move quickly. However, there are many homes that have been on the market for three weeks or more. In my never-ending quest to unearth buyer opportunities, I wanted to profile a trio of properties that are available with no offer date—and potentially, no competition.

424 28th Street
Noe Valley

Days on Market (DOM): 24
3BR/2BA, no parking
List price: $1,595,000
424_28th
Finding a spacious, detached single-family home in a good location in Noe Valley for less than $2M is a bit of a challenge these days. That’s why I’m surprised no one’s snapped up 424 28th Street. Yes, this house is a little quirky, with bedrooms scattered among three levels, and no, there’s not a garage. But you can take it upon yourself to add parking (there’s an estimate on file for $120,000 for a garage installation). The sellers have secured a leased parking space in the interim that’s only half a block away. You also have front and rear backyards, views, and a family room. The house is situated two and a half blocks from the J Church Muni station and the shops/restaurants in the south end of Noe.

1334 Chestnut
Marina

DOM: 25
3BR/2BA, 1640 sq ft
1 parking
List price: $1,595,000
1334chestnut
I’m a big fan of 1334 Chestnut, a spacious top-floor condo with a very functional floor plan and lots of natural light throughout. The balcony off the living room offers Bay and bridge views, too. There’s also a decent amount of closet space, in-unit, side-by-side washer/dryer, and additional storage in the garage. Finishes are mid range, but that is certainly an easy thing to upgrade. Constructed in 1982, the building has a concrete foundation and is situated outside the liquefaction zone. The building is just around the corner from the Amero, a new-construction condo building that’s selling units for $1100/square foot. The heart of the Chestnut Street retail area is seven or so blocks west of 1334 Chestnut, but it’s a healthy walk (and you’re not in a liquefaction zone). And if you cross Van Ness and head south on Polk, you’re approximately five blocks from the heart of the Russian Hill restaurants and shops.

460 5th Avenue
Inner Richmond

3BR/2BA, 1729 sq ft
1 parking
List price: $1,395,000
460_5th
460 5th Avenue is a house-like condo on the top floor of a two-unit building. Built in 2004, the property features modern updating and a very liveable floor plan. Two bedrooms, one bathroom and kitchen/living space are on the main level, with a master suite upstairs. There are also four decks and a nice array of tech amenities, such as in-ceiling speakers, Nest thermostat, iPad control and digital light switches. 460 5th Avenue is extremely central to the Clement retail area just across Geary, and is only about three and a half blocks north of Golden Gate Park. The fact that you have Kaiser’s French campus directly across the street takes a bit of charm out of the location, but if you’re a Kaiser member, the convenience factor will be high.

Give me shout if you’d like to schedule a showing, I’m at 415.823.4656 / ebermingham@zephyrsf.com.

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