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Best Things On The Market This Week October 5th, 2005

At our sales meeting this week (which is like a think tank of San Francisco’s best and brightest agents) we talked about the ‘hot’ properties we saw yesterday on Tuesday tour. These listings are not exclusive to Paragon—but they are the ‘values of the moment’ at Paragon—the best and brightest on the market with the kind of elements Buyers are looking for.

What follows runs all over the map, from investment opportunities to single family homes.

Beware—the good stuff goes fast. If you want to see any of these properties you need to call me now at 415-738-7040.

4381 25th Street
Single Family
$1,195,000.
Classic peak-roofed 2br/2ba Noe Valley Victorian. All remodeled with a lush, green back yard that will make you feel like you live in a country home. I love this location—steps from 24th Street and the Douglas Playground.

2832-34 Polk
2 flats
$1,525,000
TIC’s anyone? Sunset Style flats with identical layouts. I love these 2br/1ba floor plans—they’re practical, offer good light and generally have nice detailing. Awesome location. If I were to move back into the City, this is the kind of block I would live on. I think this building will receive offers shortly. The agent has been out of town, but returns today. Call me about showings if you want to see it at 415-738-7040.

171 11th Avenue
6 units
$1,495,000
Steps from Lake Street. Built in the 60s, but avoids the ‘milk-carton’ style of architecture we’re accustomed to from that era. 2-1brs/4-2brs. Gross is $91,500 per annum. Our investment group at Paragon is tough when it comes to thinking an investment property is truly well-priced. This one passed muster.

533 Ashbury
Big, BIG Victorian house
$1,395,000
Great bones, needs a lift. Located between Haight and Page—a neighborhood full of ‘atmosphere’ (that’s Realtor nomenclature for ‘scrappy.’) But hey—you’d get to say you live at Haight and Ashbury: How cool is that?

Press on if you want to hear about this week’s ‘cheapie-teepies’—the lowest priced listings in San Francisco’s Multiple Listing Service right now (excluding homes exclusively available to Seniors or “Below-Market Units” available only to first-timers within a certain income bracket):

Lowest Priced Condo:
Diamond Heights Studio
$384,900

Turn your nose up at the location, and you turn your nose up at a great value. Diamond Heights has had terrific appreciation over the years, and while the location can get foggy, it has super access to the South-bound commute and a set-up that almost makes you feel like you’re in a tropical resort, with waterfalls, tropical landscaping and a swimming pool and rec room.

Lowest Priced TIC
61 Prospect
1br/1ba
No parking

I love Prospect— it’s a sweet, tree-lined street in Bernal Heights lined with quaint little Victorians like this one. But please note that this building has been Ellis-acted, which means you can’t rent the unit out for many years—unless you want hell-fire and brimstone raining all over you from tenant activists who do everything short of bed-checks to make sure you don’t cheat. . . I recommend this kind of purchase only for those who seek a second home that they’re ready to keep vacant at all times, or for someone who has their life mapped out for the next decade or so and knows they won’t need to move.

Call me if you want to see any of these snappy pieces of real estate. And as always, if these emails bug you, just let me know and I’ll pull you off my list.

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