From a reader who actually sent this a couple days ago, but I haven’t had a chance to post…1361 Francisco, a two bed, one bath condo asking $1,389,000. These things are going fast:
You should definitely post this example. Here is a nice 1,200sqft lower unit Marina flat in ‘The Marina Gold Box’ area where 1330 Chestnut is (bedrock). Yesterday [September 9th] was the FIRST open house, and it is already in contract! [True indeed]
This unit was very well done, but really not that big at 1,200sqft or there abouts. Fantastic yard, and an unconnected bonus room.
My guess is this place will sell for $1.45 million ultimately. And that is unbelievably incredible given the size of the unit.
This example was after all the August pandemonium about the credit crunch, and fake high interest rates.
Granted it is still in contract and not yet closed escrow, so the deal could (in theory) fall apart, but something for the Marina crowd to chew on nonetheless. And maybe “da bears” (not Ditka’s) can chew on this bone too.