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May 19, 2016

Low Turnover, High Value: Little Hollywood


There are almost 100 neighborhoods in San Francisco, which can be overwhelming for buyers starting a home search. I like to spotlight what I consider to be the “hidden gems” of San Francisco. And one of those gems is Little Hollywood. I know a bit about the area, because I’m currently preparing a listing for sale there that will hit the market in June.

Once technically a part of Visitacion Valley, Little Hollywood was given its own neighborhood designation in the San Francisco Multiple Listing Service (MLS) a few years ago. The area is a triangle that sits between Vis Valley and Bayview:


Little Hollywood was developed in the late 1920s and 1930s, and is reportedly so named because of the silent screen stars who once resided there, including Mae West. Many of the homes—like the one pictured above on Tocoloma—have a southern California/Hollywood Hills architectural vibe.

There’s not a lot of turnover in the neighborhood, in part because we’re talking about an area that’s less than a square mile in size and has less than 1,000 residents. So when homes do become available, they’re worth considering.

Little Hollywood is well connected when it comes to public transportation. The T Muni line to downtown and a Caltrain station are within walking distance. And the newly renovated Little Hollywood Park at the intersection of Lathrop and Tocoloma was recently refurbished with new landscaping, barbecue area, and more.

Values range from the $700,000s for fixer or tenant-occupied homes to well into the $800,000s and up for homes in good condition that flash some of that Hollywood Hills style. A 200-unit development is in the works at the former Schlage Lock factory site on Bayshore Boulevard, which will be a nice counterpart to Little Hollywood’s single-family home inventory.

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