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September 2, 2011

What You Can Buy: $1M, 1BR Edition

San Francisco is one of the few cities where one-bedroom condos can actually sell for $1M or more.  In most cases, such properties will be located in the north end of the city. I thought I’d highlight two units currently on the market in this range.

1150 Lombard #16 / Russian Hill
List Price: $899,000

This 1BR/1BA condo at the well-regarded Lombardia in Russian Hill has an updated kitchen, remodeled bath with soaking tub and separate shower, as well as a king-sized bedroom with walk-in closet. There’s also a separate laundry room with side-by-side washer/dryer and a covered outdoor terrace. The Lombardia was constructed in 1989 and has 42 units. HOA dues are $1234.77 per month. Amenities include 24-hour lobby attendance and guest parking.

2169 Green #3 / Pacific Heights
List Price: $969,000

The 1BR/1BA in 2169 Green is the top-floor unit, which means you’re kind of in the attic. You do get exceptional Bay views and a modern, open floor plan within this Queen Anne Victorian building. There’s a private balcony off the bedroom and a home office in the turret. Amenities in this three-unit building include in-unit laundry, one-car parking and separate storage. HOA dues are $400/month.

A total of seven 1BR units have sold in 2011 from $800,000+. The most expensive? A condo at 1070 Green, which changed hands for $1,207,500.

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