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August 19, 2009

Three 3BRs for $800,000

There was a time when it was a challenge to find spacious, three-bedroom condos for $800,000. I saw three such properties on my broker tour yesterday:

425 Buchanan
Hayes Valley

1,843 sq feet
$300 HOAs; $250 for leased pkg
This unit features five walk-in closets, two bedrooms with fireplaces, and a nicely remodeled kitchen. The unit was on the market initially back in April, asking $863,000. By June, the current agent took over and reduced the price to $849,000. The most recent price reduction is what’ll probably sell the unit. Plus: Large square footage, very separate bedrooms. Walking distance to heart of Hayes Valley retail area and Market Street. Minus: One block from housing projects; somewhat rambling floorplan that dead ends in odd places; leased parking.

974 Haight
The Haight

1,778 sq feet
$429 HOAs
1-car pkg
You get two master suites in this condo, and two levels, which makes it feel house-like. The front of the property faces Haight Street, and the rear faces a courtyard. A good fit for a buyer who wants a roommate to offset costs. Plus: Large square footage, very separate bedrooms. Walking distance to Divisadero retail area & Buena Vista Park. Minus: Built in 1987, and not the most appealing exterior/interior in the architectural spectrum.

156 Tiffany
Mission/Bernal Heights

1,975 sq feet
$185 HOAs
2-car pkg
This condo spans two levels and provides the most square footage of the three. Good closet space, remodeled kitchen. The lower unit, 154 Tiffany, is a 2BR unit pending at a $739,000 list price. Plus: Two-car parking; house-like floorplan; legal two bedrooms and bath upstairs; walking distance to public transportation & lots of restaurants, grocery store. Neighbors are tight. Minus: Some of the neighboring properties are not wildly attractive.

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