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November 30, 2010

Edwardian Boarding House Begs for Buyers

18thave

If taking possession of an Edwardian fixer on a large lot in the Sunset sounds like a good idea for the holidays, then head over to 1471 18th Avenue. The 3BR/2BA, 1630-square foot home is on the market for the first time in 43 years, and it has box-beam ceilings, a large bonus room, and is located on a pleasant, tree-lined street between Kirkham and Judah. You also get nice ocean views from the top floor. List price: $799,000.

The property is currently being used as a boarding house for students,  but the seller is promising that the home will be delivered vacant by close of escrow. In the meantime, however, showings are limited to open houses. And the students are doing their share to help with staging:

Average price for a 3BR house in the Sunset these days is around $870,180, so study those comps and keep an eye on how much you spend in pre-renovation bucks.

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