Search:   
New Listings and Properties Not Yet on Market August 13th, 2008

We’re going from most expensive to least expensive today, starting with an investment opportunity on Russian Hill:

$4,250,000 Russian Hill Investment Property – 13 units with nice Golden Gate Bridge views. Information is limited at this point. Please call Cece Blase for details - 415-577-0809.

$2,150,000 Marina District Flats. 2 units, both owner-occupied. Some remodeling. Classic architecture with much original detail. This one is a pocket listing. Please call for address, details and showing information - 415-577-0809.

$1,795,000 Anza Vista 1000 block of Broderick Street. 4100 square foot Victorian with 5 bedrooms, 3.5 baths, 1 parking. Full renovation. This is the block that dead-ends into Kaiser Hospital. Well worth checking out. 415-577-0809

$1,359,000 Corona Heights Charming, quiet(!) street. Two level condo, 3br/2ba/2pkg. House-sized 2400+square feet, deeded garden.

$898,000 Nob Hill. 1+BR/1BA. Top floor in 9-unit boutique building. Built 2006. Great light, sexy master suite.

$869,000 Outer Richmond. 2+BR/2BA/3PKG. Spacious with formal living spaces, good architecture, eat-in kitchen. Bonus rooms and bath down. One block to GG Park.

$799,000 Midtown Terrace 3BR/1BA/1PKG. Just shy of 1100 square feet, corner lot, sunny backyard, potential on lower level. First open scheduled for 9/7. I can get you in early. Call to preview and buy before it hits open market! 415-577-0809.


New Intelligence on the Artani Condominiums in San Francisco August 6th, 2008

One of my bosses is Artani’s developer. So Paragon is handling marketing and sales for the units. The sales office is scheduled to be up and running right after Labor Day weekend.

The Artani has 52 units total, with a combination of one bedrooms, one bedroom plus dens and two bedrooms. There are no studios or three-bedroom units.

All of the units come with one car parking. 

Square footages run from just over 700 sf for a one bedroom to the 1400 square foot penthouse units– . 

Tentative pricing puts an entry point at $599,000 to $1M+ for a penthouse unit with indoor/outdoor terrace and water views.

Almost all the units have some outdoor space.

There will be a ‘knockout, fabulous’ (sales agent’s words) roof deck with fountains with landscaping designed and installed by Living Green of SOMA

The principal amenity will be a doorman/concierge. The Artani not heavy on bells and whistles– I like to call these kinds of buildings “stylish, not stylin.”

High end finishings include Caesarstone countertops, and hardwood floors come standard in all the units.

Multi-paned windows with floor-to-ceiling glass will be the building’s hallmark and a major architectural feature of the project.

Relative to other large condominium buildings on the Van Ness Corridor (Chelsea Court, Symphony Tower, Opera Plaza), the Artani will have a  much higher end feel with richer finishings and lobby attendant.


Hot New Properties and Listings Not Yet on Market July 18th, 2008

Hot Properties and New Listings Not Yet on Market

$2,100,000 /Noe Valley /Commercial Building     Queen Anne Victorian on bustling 24th Street. Four units total, with small retail space down (presently leased) and three owner-occupied offices above with unusual Arts and Crafts detail. Sorry, no parking. Please call if you would like information on lease terms for retail space.

$2,69,000 / Clarendon Heights /BR/BA:  3/3    PKG:   2     Brief Description:   Impeccable mid-century single family set high above Cole Valley on an extra-wide view lot.  3 bd 3 ba, formal living, large den/family room. Coveted cul-de-sac block. Very well maintained gardens with flowering fruit trees, magnolias, roses –even vegetables!  

 $949,000/ Corona Heights/  BR/BA: 3/1.5 PKG: 1  Top unit in a 2 unit Edwardian. Stylish remodel retains its quintessential SF charm. City views.

$769,000/Excelsior/ BR/BA:3/2  PKG:1  Victorian home with stunning contemporary renovation. Wide open floor plan, expansive deck with hot tub, landscaped yard, and large attic for storage. Blocks to Glen Park Bart.  Could the Excelsior be the next Potrero Hill? Some think so. . .

$499,000 / Van Ness Corridor / The Sutterfield   BR/BA: 1/1  PKG: 1  Beautiful Jr. One Bedroom condo, 650 Sq. Ft., downtown views. Shown by appointment to visionary buyers before painting and staging!  The Sutterfield is a cool, solid building– in a location that holds significant promise for the long-term investor.

$549,900/ Westin Verasa Napa Unit / BR/BA: 1/1 Brief Description:   Beautiful new condo/hotel in downtown Napa.  Income producing property with 29 use days for owners.  Quiet, creek facing ground floor unit.  Pet-friendly!  Opportunity to get in at 2006 prices with a 10k HOA credit and upgrades.  Motivated seller.

South of Market/77 Dow Place / BR/BA: 1/1.5 PKG: 1 Move-in ready loft condo has with open living/dining space, mezzanine level bedroom and additional space for office/den. Gourmet kitchen, hardwood floors, walk-in closet, doorman building. 
 
Price Reduction:
$748,800, Old Price: $799,000/ Financial District/ 720  Stockton#1/ BR/BA:2/2 PKG: 1
Brief Description:  Great location near Financial District, downtown, Chinatown, hotels, transportation. This is a great pied-a-terre purchase for someone seeking an intimate building with modern finishes. Also ideal for singles and couples who want to walk downtown to work.


Little Blue and a Big Blue - July 11th, 2008

Presenting Two Buildings for sale and for lease from Paragon’s Commercial Division

Little Blue - 5512-5514 Geary Boulevard

When I first saw this photo I thought the building had a great retro-mid century look, until I realized that its all about the royal blue color and the funky arrow above the door. Take those away and this becomes what we kindly call a ‘modest building,’ in a solid mid-Richmond District location.

Presently tenant-occupied by “Kirby’s Bar.” There’s a  studio in the back where you could live, if you really wanted to,  But this place is probably better suited for a developer or “build to suit” guy. Lot is 25X100.  Buidling is +/- 1740 sf, Zoned NC-3.  Listed for $985,000.

 

 

Big Blue 2001 Market

This building is for lease - $25,000 a month. Again, it’s those blue circles stapled onto the front that give it the ‘cool factor,’ along with that big blue marquee. Maybe they’ll throw those matching trucks in with the bargain.

Square footage is +/-42,500, divisible. Zoned NCT-3. Scads of covered parking. Corners Mission and Dolores.


The Artani is Coming! The Artani is Coming! July 9th, 2008

The banner is going up tomorrow on The Artani, a collection of chic condos offered by Paragon.  Here are some basic stats:

The location - Eddy and Van Ness. I know that corner sounds a little off-putting, but within 3-5 years you won’t recognize Van Ness Avenue between Market and Post. Upcoming changes and improvements include:

A planned greening of the median strip

50+ condos at 75 Van Ness

100+ units at the Galaxy theater site

Senior housing at the Kinko’s site

50+ units at the Shell Gas Station site.

Hayes Valley Plan also allows 40-story towers at the Avenue’s gateway, at the corner of Market and Van Ness.

The buzz about Van Ness is similar to what you heard about South Beach in the mid-90s. Those with vision could see how the neighborhood was going to take shape, and knew to jump in early. Others waited to see it happen before buying there.

The Artani is built to standards that anticipate the Avenue’s evolution to one of the City’s hottest neighborhoods.  Each unit has floor to ceiling windows to take advantage of light and views (and the views are better than you think). Finishings are upscale, with chocolate hardwood floors, CeasarStone counters, stainless steel appliances and European fixtures. Some units will even include air conditioning.

Amenities and common area styling make the building feel like a boutique hotel. There will a doorman/concierge and a landscaped rooftop terrace with water features, private sitting areas and vistas of the City.

The units will be one-bedrooms, one-bedrooms plus den, and two-bedrooms. Prices start in the $600,000’s.

The sales office is scheduled to open in early September.  With the building close to completion, a short escrow is possible and move-ins could happen as early as the first week in October. For more details or a possible early preview, please call 415-577-0809! 


It’s All Relative - SF Real Estate is Small Potatoes in a Global Real Estate Market June 4th, 2008

small-potatoes.jpgRemember when we were little and the term “Million Dollar House” made us think of fancy mansions in Beverly Hills? Today, America’s million dollar mansions are more likely to be in a flat red states with a long cold winters.

In San Francisco we have to settle for more modest digs in the million dollar price range– like a  Mediterranean 3br/2ba house in the Mission or a big 5br/3ba home in the Outer Sunset.  If we want to boost up our price range to $1.5M our options widen to include big Noe Valley views  or a story book setting in Monterey Heights.

We’re told again and again that we’re one of the most expensive housing markets in the country, but we’re small potatoes when you compare our prices in the global real estate market. According to Business Week, properties in the world’s most expensive neighborhoods are still commanding ferocious premiums.

Some of the world’s most expensive cities are second home markets. Blame it on the new money — these newly minted millionaires from Russia, China, India, and the Gulf states don’t feel as pinch of current economic conditions and they love their sandy (or snowy!) playgrounds.  

With $1.5M as a budget Business Week explored what they might buy where in the world’s most expensive cities.  Here’s what they came up with:

1. London
Price: $6,191 per sq. ft.
What you get for $1.5 million: Small studio apartment
Annual price change: 29%*

A housing boom began in Central London in September, 2005, and continued through 2007, as wealthy buyers flowed in from around the world. The annualized growth for prime real estate is slowing this year and is expected to weaken further. But the super-luxury segment remains incredibly strong. Sales for £10 million-plus homes in Belgravia, Chelsea, Knightsbridge, and Mayfair increased by 190% in the six months ending January, 2008, compared with the same period a year earlier.

* The annual price change compares the fourth quarter of 2007 with the fourth quarter of 2006.

2. Monaco
Price: $5,888 per sq. ft.
What you get for $1.5 million: Studio apartment
Annual price change: 25%

It’s not just the casinos, beautiful people, and staggering views of the Mediterranean that have made Monaco a popular home for the world’s wealthiest buyers. The real appeal is that its residents don’t pay income tax.

3. St. Jean Cap Ferrat (France)
Price: $5,853 per sq. ft.
What you get for $1.5 million: Small studio apartment
Annual price change: 39%

St. Jean Cap Ferrat on the French Riviera continues to be popular with European aristocracy and the super-rich– such as billionaire Paul Allen, who enjoy the gorgeous beaches and warm weather.

4. Courchevel (France)
Price: $4,710 per sq. ft.
What you get for $1.5 million: Studio apartment
Annual price change: 5%

Like to ski and shop? This resort town high in the Savoie region of the French Alps is favored by the Russian elite and is known for expensive hostelries such as the Hotel Le Lana, fashion boutiques, and wild parties.

5. Hong Kong
Price: $4,507 per sq. ft.
What you get for $1.5 million: Studio apartment
Annual price change: 21%

Hong Kong’s real estate market has been driven by China’s strong economic growth. Despite limited space, real estate demand on the island has started to slow, and prices are softening as the effects of the U.S. credit squeeze spread.

6. Manhattan
Price: $4,320 per sq. ft.
What you get for $1.5 million: Studio apartment
Annual price change: 25%

At the high end, Manhattan continues to boom even as the credit crunch deepens. In fact, in the first quarter of 2008 average prices were up 19% and the price per square foot was up 16%, according to the Corcoran Group. There are several reasons: First, the city has been shielded from the subprime crisis, largely because its co-ops and condos are well out of reach of most buyers with poor credit and shaky finances. Second, it remains a popular destination for movers and shakers in the financial, entertainment, and media world. Last, because of the weak dollar it is more affordable than ever for wealthy foreigners looking for a Manhattan pied-à-terre.

7. Cortina d’Ampezzo (Italy)
Price: $3,028 per sq. ft.
What you get for $1.5 million: 1 bedroom
Annual price change: 22%

The Northern Italian resort town is a popular second-home destination for ski buffs and Milan’s business elite. Prices for prime European vacation homes have benefited from the growth of the world’s population of high-net-worth individuals.

8. Portofino (Italy)
Price: $2,692 per sq. ft.
What you get for $1.5 million: 1 bedroom
Annual price change: 14%

Although there’s no beach, the harbor of this resort village on the Italian Riviera is packed with yachts owned by the world’s rich and famous. The village is about 20 miles from the Genoa airport.

9. Singapore
Price: $2,423 per sq. ft.
What you get for $1.5 million: 1 bedroom
Annual price change: 31%

The city’s high-end real estate has benefited from an influx of foreign buyers –and has been particularly strong close to the Orchard Road shopping area and on the island resort of Sentosa.

10. Tokyo
Price: $2,334 per sq. ft.
What you get for $1.5 million: 1 bedroom
Annual price change: N/A

Despite traditionally astronomical prices and cramped living conditions for all but the very wealthiest, Tokyo’s market is beginning to slow — the  result of the credit crunch and a heavy supply of new condos that have recently come on the market.
 


New Listing at the Bellaire Tower at 1101 Green May 5th, 2008

Bellaire Tower in San FranciscoWe have a new listing coming on at 1101 Green. I listed a unit here last year and sold it almost immediately. This new one has a spectacular northwest view that includes the Golden Gate and Alcatraz. It has been remodeled. Price is $950,000.

The Bellaire is a luscious building. The Rococo/Meditarranean architecture makes it seem like a giant wedding cake. Sitting near the crest of Russian Hill, it commands some of the most spectacular views in the City.

 The unit is a large one-bedroom with formal dining room. There’s a doorman, a spectacular lobby, an elevator big enough for a cocktail party and the mayor lives upstairs. 

Should the unit not sell early it will be snapped up within days of hitting the market. If you would like to see it before then, please call me at 415-577-0809.


New Listings Not Yet On Market April 16th, 2008

We’ve got good stuff this week:

 $3,000,000 / Pacific HGTS/BR/BA:3/2.5/ PKG:2  Single family home on double lot set in the middle of an English Garden. Designed by Henry Gutterson in 1825, Guest cottage with an additional bath./ First showing Sat.4/19.  

$3,000,000/  Noe Valley/ BR/BA: 3/3  PKG: 1  Thoughfully renovated 30’s home on one of Liberty Heights best blocks. 3000 sq ft. Detached 3 sides. So facing garden + terrace. Bay views. Open LR/DR, Den, Media Rm, Office.

$1,499,000/ UKIAH/ BR/BA: 3/3 PKG: 6  40-Acre Wine Country Estate 2 hours from the Golden Gate, private, magnificent views, stunning indoor/outdoor remodel. Redwood forests, meadows, hiking and biking trails.   

$1,250,000/ Telegraph Hill/ BR/BA: 2/2  PKG: 1 Quintessential San Francisco condo tucked right beneath Coit Tower  with stunning Bay Bridge views. Top-floor condo- updated kitchen and baths, private deck.

$859,000/ GUERNEVILLE/ BR/BA: 2/2  PKG: 6  Unique Russian River home on 10.5 acres. Site is sunny with sunny with bright, airy floor plan ideal for entertaining. High end finishings. Five minutes to Guerneville, 15 minutes to coast and wineries

$499,000 /Emeryville Loft/BR/BA: 1/1   PKG: 1— Emeryville Warehouse loft. NY style single-level floor plan. Large bedroom  (with a door), split bath. Great, functional layout.  Views to the north, slightly west and east to the Oakland/Berkeley Hills with great natural light.

These next two properties are ‘pocket listings’ that may never hit the open market:  

$995,000 /  Noe Valley / Condo /BR/BA: 3/2   PKG: 1 Cottage condo on quiet alley street.

$799,000 /Haight Ashbury /BR/BA:   2/2   PKG:  1 car + storage. Top floor contemporary condo in small 3 unit building.  Good block. Tenant occupied until July 1st.  Photos available prior to showing. Great light, lots of storage, large private patio off master bedroom with north views over to St. Ignatius.


New Listings Not Yet On Market March 26th, 2008

Dog with SunglassesThe dog has nothing to do with the listings (although I’m fairly certain all these properties are pet-friendly). I just think it’s a funny photo.

$985,000  /Corona Heights Condo/ 2 BR/2 BA: 2/2  1-car pkg. 2001 construction. Two-unit building. Living room and dining room open to front view deck that faces south. Bedrooms open onto a deeded patio. 
 
$949,000 / Noe Valley Condo / 2 BR/2 BA,  1-car pkg, contemporary condo on top floor. Great location near 24th Street, outdoor space. 
 
$775,000  /SoMa/  2 Flat Edwardian, quiet block. Each unit is 2bd/1ba./  No parking.  Both units tenant occupied.  Good investment or owner-move-in property.

$749,000/ Mission Dolores / 2BR/1BA   / Penthouse unit at 270 Valencia St

Please also see four posts below for a TIC opportunity


A TIC that may be up your alley March 26th, 2008

alley.jpgSomeone in my office has a buyer in contract on the upper unit of a two unit building on an alley street in the Inner Mission (good block). We are looking for a partner for the lower (vacant unit). It is a giant unit with almost 2000 sq. ft, semi remodeled. with three bedrooms and 1.5 baths and two car parking.

The list price is $774K but there is a lot of room for negotiations. They really want to sell. If this sound like it’s up your alley (no pun intended) please call me at 415-577-0809 right away!