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The most expensive residence for sale in San Francisco still goes to the home of Doug Engmann, former chairman of the Pacific Stock Exchange. His abode at 2724 Pacific in Pacific Heights is still sitting pretty at $30M. There are quite a few new additions to the most expensive housing stock, so we thought it best to show you what's available in pretty map form. Unlike past maps, this time around all the properties are in either Pacific Heights or Presidio Heights. Let's get this party started!
There are currently 73 properties for sale in San Francisco that are asking less than $500K. We combed through all 73 of them to find you the very best and most unique. We didn't include TIC, short sales, or vacant lots, and we also didn't include homes that were already in contract. From a 278 square foot studio at Cubix to a single-family home in Portola, we've created a map of some great properties around San Francisco, and all are asking under $500,000.
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· More good news for the Noe Valley Town Square [Noe Valley SF]
· $4M settlement approved for victims of burst pipe [SF Examiner]
· Haight organizations: who they are and what they do [uppercasing]
· College Hill was original St. Mary's home [Chron]
· San Francisco in 1951 as seen from a U.S. Navy submarine [SFGate]
· Why Star Trek made San Francisco the center of its futuristic utopia [Wired]
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Times are tough out there for a rental seeker, so we thought it best to wade through Craigslist this week so you don't have to. Each day this week, we'll be handpicking select apartments that are up for grabs within a certain price range.
Unlike yesterday's short list of places to rent between $1,000 and $1,500 a month, today's list actually has a one and two bedroom sprinkled into the list. But yes, studios do dominate the map of rentals available between $1,600 and $1,900. All of the apartments we handpicked for you have at least one or two desirable features, like pets being allowed, dishwasher in the kitchen, that sort of thing. Onwards!
City College of San Francisco is feeling the relief after the passage of Prop A, a parcel tax to give $16 million a year into the school for the next eight years. The proposition passed with 72% of voter approval, preventing immediate layoffs and campus closures. According to the president of the school's Board of Trustees, CCSF will still need to cut some classes and begin making concessions with its labor unions for additional savings. College officials are making structural and fiscal changes to address financial problems that have resulted from years of borrowing from its own reserves to fund programs, provide full pay and benefits for faculty and staff, and cover costs of retiree benefits. The school has until March 15 to provide a report to the Accrediting Commission for Community and Junior Colleges showing that it has made changes, or risks losing its accreditation. [SF Examiner/photo: Michael Fraley]
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Out of habit I approached the house from the sidewalk across the street, where I could see it in context: three narrow stories noticed into the wooden slope. Its new cedar shingles were still too pallid for its dark green trim, but another season or two of rain would turn them into tarnished silver. I'd be eagerly awaiting that. I'd wanted the place to look ancestral, as if we had lived there forever.Want to see it in person? There's an open house on Saturday and Sunday from 1 to 4PM.
We decided to spice it up a bit this week and end our run of featuring a specific neighborhood for our top ten least expensive list. Instead, we've combed through all the listing to find you the 10 most expensive one-bedroom homes for sale in San Francisco. As always, we won't be including any sale that has a sale that's currently pending. Onwards!
10) Unit #603 at The Washington, Pacific Heights
Asking price: $835,000
Size: 1-bed, 1-bath; unlisted square footage
Price per square foot: Unavailable
The skinny: The Washington at 1840 Washington is a brand spankin' new luxury condo building. The condo's being described as having "luxury finishes and timeless modern design." That means that there's fancy finishes like quartz Caesarstone countertops, Studio Becker Cabinets, Bosch stainless steel appliances, and maple hardwood flooring. Building highlights include a "stunning" view common roof terrace. Monthly HOA dues are $410 and there's 1-car parking. We should also point out that Brokerbabble tells us that it's "near Yahoo, Google, Facebook, Apple and LinkenIn shuttle stops."
9) Unit 17C at the Millennium Tower, Yerba Buena (SoMa)
Asking price: $849,000
Size: 1-bed, 1-bath; 833 square feet
Price per square foot: $1,019
The skinny: This unit had a brief appearance on the market in 2011. Like most fabulous and new residential towers, this one also has a "fabulous kitchen custom designed by Studio Becker." The monthly HOA dues are high but cover amenities like a 20,000 square foot club level, which features a wine cellar and fitness center. 1-car parking is included.
8) #302 at 2170 Vallejo Street, Pacific Heights
Asking price: $855,000
Size: 1-bed, 1-bath; 1,236 square feet
Price per square foot: $692
The skinny: Get your Art Deco fix on in Pacific Heights. This unit oozes elegances and glamour. The usual suspects are present: designer finishes, stainless steel appliances, etc. Monthly HOA dues are $692 and there's leased parking for $300.
7) Unit #608 at 2200 Sacramento Street, Pacific Heights
Asking price: $900,000
Size: 1-bed, 2-bath; 947 square feet
Price per square foot: $950
The skinny: Let's get this out of the way: the unit's currently rented. Condo highlights include a patio off the bedroom. There's an "elegant 16th floor club room." Monthly HOA dues are $784 and there's 1-car parking.
6) #454 at the Clocktower Building, South Beach
Asking price: $949,000
Size: 1-bed, 1-bath; 1,733 square feet
Price per square foot: $548
The skinny: This unit's being described as "wonderful, sexy and spacious," so there's that. This unit, like most others in the Clock Tower Loft, is rather industrial with its exposed brick and tall ceilings and big windows. Monthly HOA dues are $548 and there's 1-car parking in the garage.
5) 86 Stanton Street, Eureka Valley
Asking price: $985,000
Size: 1-bed, 1-bath; 435 square feet
Price per square foot: $2,264
The skinny: Before you freak out about the price per square foot let's clear something up. What you'd be purchasing is two buildable lots and one updated cottage. The cottage sits on "a little dell, down flagstone steps, with a terraced stone-paved front yard and grassy yard." Adorable! The cottage's been trick out and features Carrera marble countertops and a Pedini kitchen. There's talks of plans being available for a three story home on Stanton lot and a carriage house/three car parking lot on Yukon Street.
4) #104 at the Hubien Building, SoMa
Asking price: $998,000
Size: 1-bed, 1-bath; 1,701 square feet
Price per square foot: $587
The skinny: You get to brag a little bit with this unit because the Hublien Building was one of the first conversion loft buildings in San Francisco. It was designed by David Baker and features tall ceilings, concrete columns, and a room that could be an extra bedroom if you really needed one. Monthly HOA dues are $430 and there's 1-car parking in the garage.
3) #411 at The Glassworks, South Beach
Asking price: $1,095,000
Size: 1-bed, 2-bath; 1,461 square feet
Price per square foot: $749
The skinny: This is some serious contemporary living. It would also help if you were a Giants baseball fan, as AT&T Park is directly across the street from this building. A major pro and a major con, depending on who you're talking to. Monthly HOA dues are $675 and there's 1-car leased parking for $300.
2) #506 at 200 Brannan, South Beach
Asking price: $1,250,000
Size: 1-bed, 2-bath; unlisted square footage
Price per square foot: Unavailable
The skinny: This condo's being described as a "sophisticated Manhattan-style penthouse." Question: Do Manhattan-style penthouses usually have wall-to-wall mirrors in the bedroom? Because this unit does. Monthly HOA dues are $635 and there's 2-car parking in the garage.
1) #702 at the Clay-Jones, Nob Hill
Asking price: $1,785,000
Size: 1-bed, 1.5-bath; 1,115 square feet
Price per square foot: $1,601
The skinny: In 1929 local architect Benjamin P. Jones designed this building on one of Nob Hill's most sought-after blocks. The building also houses five star restaurant Keiko. Talk about convenience. Monthly HOA dues are $630 and there's 1-car parking in the garage.
First-time buyers, fear not the first-time bidding war! Whether you’ve just started your search or you’ve been at it for months, you’re familiar with the common plight of multiple offers. It’s hard enough to find your perfect home, but competing against others with a similar goal—and perhaps a little more cash—can squash your homeowner dreams in an instant. What do you do in this situation? Be prepared. Having a good agent is better than any schoolyard sabotage tactic and will get you what you’re looking for in the long run. The agents at Domicile Properties know the ins and outs of property values (which are way more than just a price tag). A dedicated team of three agents will help you determine whether a property is truly within your budget and coach you to make a successful bid if it is.
Domicile is tapped into the market and they’ll help you address your needs at any budget. Get more exclusive insider tips with a free first-time homebuyers guide from Domicile and find your dream home today. >>
As San Francisco gets increasingly expensive, middle-class households are fleeing the city. Mayor Ed Lee has proposed a Housing Trust Fund to help out middle-income San Francisans to encourage them to stay in the city. Just what the fund would pay for is still up in the air, though everything is being put on the table, from $75,000 down payment subsidies to encouraging developers to build less expensive units without parking. Of course, many problems face this fledgling idea, one of which is how to define middle class in an expensive city like San Francisco. Stay tuned. [SF Gate/photo via Shutterstock]
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SFist's Andrew Dalton was on the scene this morning for the grand opening of SFO's yoga room. We should point out that this is the world's first in-airpot yoga studio. The room is a mere 150 square feet, and was created at the suggestion of an SFO traveler who "felt the pristine Terminal 2 had everything one could want except a place to practice the ancient spiritual discipline." Readers, would you use Terminal 2's yoga studio while waiting for a flight? [SFist]
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[Pastmapper's San Francisco in 1853. Click here for the real thing]
At Mission Mission, via Burrito Justice, news of Pastmapper, Brad Thompson's ambitious project to create Google maps of the past. His prototype gives us a look at the San Francisco of 1853 using data from vintage directories and overlays from the Donald Rumsey map collection. We learn that Grant Avenue was once called Dupont Street, and California Street looks like a hotbed of commercial activity. There's a clickable breakdown of businesses, so we found some saloons. We looked- and couldn't find- any bordellos. But that may require an entirely different vintage directory.
· What is Pastmapper? [Pastmapper]
· Google Maps, 1853 Edition [Mission Mission]
· Donald Rumsey Historical Map Collection [Geogarage]
· David Rumsey Map Collection [David Rumsey
· A.W. Morgan City Directory [Open Library]
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For new renters, or people looking to move to a new rental, we have not such great news. None of which should come as a surprise. According to the San Francisco Business Times, the rental vacancy rate in town is at 3.2% and rents are up 9%. Even bleaker is San Mateo County, with vacancy rates at 3.2% and rents up 11%. We're assuming these numbers are year-to-year, but it's the tightest rental market since the dot.com glory days of 1999. Despite reports that California is losing population, the nine Bay Area counties are expected to add 30/35K new residents this year. In San Francisco, while developers are putting up 1100+/- units in Mid-Market which may be ready in 2013, good luck finding something right now in the grey area between high-priced condos for rent or previously-owned Winnebagos parked under the freeways. Maybe it's time to resurrect the shorter Rincon Tower project (above, circa 2006) as a rental?
· San Francisco Apartment Vacancies Sink to 3.2% [J.K. Dineen/SF Business Times]
· Mid-Market: Twitter Tax Breaks in Bricks, Mortar, and Curtain Wall [Curbed SF]
· Rincon Hill's Little Brother Could Actually Be Built Soon [Curbed SF]
· SF — one of the best cities for kids? [SFGate]
[Photo via Erik Wilson]
