theFrontSteps – San Francisco

Real Estate, Insight, Statistics, Gossip, & News…With a Twist and Some Flavor

Entries for the ‘Fixers’ Category

One Million Dollars Over Asking. Market “Crazier Now Than In ’05 And ’06″

Where on Earth!? Right here, 2821-2823 Broderick, San Francisco, CA 94123. As if $1,000,000 over asking wasn’t enough, how about a two (yes 2) day close of escrow. Still shows Pending in MLS, so look for it to close on Tuesday. How do I know? “A legit friend of mine offered $3.515 and didn’t get [...]

West Portal Wreck, What’s It Gonna Take? (145 Madrone)

Just curious to see how up on your real estate all y’all are. Take a look at 145 Madrone, a 3 bed, 1 bath, 1920′s home in prime West Portal, asking $849,000 (offer date next Monday). By all accounts, the one single photo doesn’t do this property justice. (Come on fellow Realtors! Even if it’s [...]

Reduction, Ad Nauseum

I’m not a Realtor, so I’ll tell something I’m more qualified to comment on: buyers’ perspectives. For instance, I can tell you how buyers looks at a property that’s been reduced more than twice. We feel sorry for them. They’re like awkward teenage boys at their first dance, pretending to be terribly busy with their shoe laces [...]

A long time coming: 235 Broderick hits the MLS, we tried to warn you

Had you been reading theFrontSteps a while ago, June 11th to be exact, you’d have had an opportunity to pick up this developer special at 235 Broderick long before the rest. Now the cat is out of the bag, the chatter has begun, it’s on MLS (listed for exactly the same price the seller’s paid [...]

Baja Noe bites back (141 27th St.)

From “Fluj”: Have you been following 141 27th St? In the flats of Noe. Formerly known as Baja Noe Valley, between Guerrero and Dolores. Anyway it is a partition sale of a whole scale cosmetic fixer that needs just about everything. It was listed at $637,500 nominally before the offer date. The offers came in, [...]

Developer Special (not on market) in Haight Ashbury

We hesitate to provide the address of this property (as always to preserve privacy), but at the same time we feel it our obligation to put out to a larger audience some potential deals that might be right up your alley. Should you, or your friends, be interested in taking this property off the hands [...]

Ask us: What’s up with 1409 Sanchez?

Where readers ask and we try to answer: Can you help find out if 1409 Sanchez closed? This was a total tear down and it was listed for $1.1MM. If this sold anywhere near ask, then Noe [Valley] is still hot… The status of this property is “pending” and scheduled to close in March. Make [...]

Noe Valley Pocket Listing and “cosmetic fixer”

Since we were recently on the subject of Noe fixers, it’s time to start spreading a little of the insider love. We don’t have pictures, but words. If you’re interested in this place, contact us. “I have a cute off market single family fixer opportunity in Noe Valley that I wanted to pass on. The [...]

Ask Us: Fixer in Noe for $699,000? (439 Clipper)

Where readers ask and we (everyone reading) try to answer: Can you guys comment or get readers to comment on 439 Clipper in Noe? Yes, it’s marketed as a fixer but the price is $699k for an Single Family Residence in Noe. I honestly didn’t think you could buy a tear-down or even a lot [...]

Nothing’s Changed but the Price, Oh, and the Type

The history of 465 Hoffman looks something like this: Sold 03/08/2007—$1,150,000— 18.2%/yr (appreciation) 07/21/2006 —$1,035,000— 9.7%/yr 04/15/2004 —$840,000 …as a single family. The plans look something like this: …as an “Ultra-Modern designed legal 2 unit,also marketable as a magnificent 4 BR/3 bath,VIEW,single family home.” The views still look like this: …but now the price looks [...]