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November 16, 2016

SoMa Condos, High-End Houses Top Year-End Inventory

We’re approaching Thanksgiving, and that means we are officially in “year-end” territory. Buyers looking to get a deal are likely to find one in South of Market, or in the single-family home luxury market if they can spend $2,000,000+.

But there really are a variety of options out there right now. Here’s where to focus your energy if you’re aiming to purchase a condo or house before the end of 2016, along with price ranges and my picks:

Single-Family Homes
Central Richmond
What’s Available Two- to four-bedroom houses from $1,300,000-$2,500,000
My Pick 791 30th Avenue
791 30th Avenue was built in 1941 and is nicely updated. There are two bedrooms on the main level, and two more downstairs, with a total of 2,085 square feet. Landscaped yard and garage parking. Only one block from Golden Gate Park. List price: $1,495,000.

Bernal Heights
What’s Available 3BR homes from $1,400,000-$3,200,000
My Pick 1541 Hampshire
The key to 1541 Hampshire is that you’re getting a lot of space (and Victorian charm) for the money. There are three bedrooms on the main level, plus an unwarranted one-bedroom/bath at ground level. Hampshire was first listed for $1,195,000 in mid October, and the sellers just raised the price to $1,298,000. (This is likely the price they want.) The downside to the house is that it’s located on the outskirts of Bernal, and near the 101 on ramp. But the traffic is not right outside your door, and the actual block is quite nice.

Noe/Eureka Valleys
What’s Available 3BR+ homes from $2,000,000-$6,200,000. A handful are custom build opportunities, or fixers.
My Pick 227 Douglass
227 Douglass is a very appealing Victorian with three bedrooms/bathrooms and a great location near the heart of the Castro. There’s approximately 2,000 square feet across three levels, with a nice garden. List price is $2,795,000, but it’s worth a shot to make an offer for less at this point in the year.

South of Market/South Beach
What’s Available The most condo inventory in the city lies in SoMa and South Beach, by far. There are one- and two-bedrooms listed for up to $1,000,000, and a good chuck of units from $1,100,000, all the way up to $6,500,000 for homes in the Four Seasons at 765 Market.
My Pick 310 Townsend #403
I’ve always been a fan of the brick and timber building at 310 Townsend. #403 is an 1,136-square foot, top-floor unit with exposed, restored brick walls, soaring ceilings and large windows that let in good natural light. One-car parking is included, and HOA dues are $485.22/month. 310 Townsend is across the street from the Caltrain station, and near a variety of restaurants, shops and conveniences. This unit went on the market for $1,249,000 in September and is now down to $1,149,000.

Pacific Heights
What’s Available 3BR condos from $1,829,000-$7,500,000
My Pick 1701 Broadway #4
1701 Broadway is a great-looking building constructed in 1905 that has an abundance of fantastic period detailing throughout. #4 occupies half of the floor and includes a formal dining room with open kitchen. There’s an elevator from the lobby to your floor, along with in-unit washer/dryer, and large garage with storage. There are only eight units in the building, and HOA dues are a reasonable $530/month. List price is $1,829,000.

Van Ness/Civic Center
What’s Available One-bedrooms ($499,000-$1,000,000) and two bedrooms ($849,000-$2,400,000)
My Pick 1 Daniel Burnham Court #1118
1 Daniel Burnham Court is a 245-unit complex that offers amenities like 24-hour security, heated pool, sauna, and gym. #1118 is a view unit with updated kitchen and bath, and one-car parking. HOA dues are $596/month. List price is $796,000.

Give me a shout at 415.823.4656 | if you’d like to talk about these or any other properties.

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