Category Archives: Condominium

Large Open Living/Dining Room

For Sale: 1582 48th Ave, Top Floor Condo By Ocean Beach!


Come live by the beach! This fabulous top floor condominium in the oh-so popular Outer Sunset is one block from the Ocean, two blocks from Judah street shops/restaurants/N-Judah, and a few blocks from Golden Gate Park. This is an outdoor lover’s dream. The home features an open floor plan with living/dining area including a wood burning fireplace, partial views to the Ocean, kitchen with bar counter opening to dining area, in unit W&D, Master Bedroom with ensuite Bathroom, Central Vacuum, SxS parking, TONS of extra storage, and shared yard. Property was recently painted, has a new fence, and new carpet in common area. It’s an amazing property at an amazing price! Easy to show, so don’t miss out.

Curious about the Outer Sunset? Check out this post by Refinery 29: What To Do In Outer Sunset (Slideshow)
r29outersunset

1582 48th Ave @ Lawton
List Price: $589,000
Showing Schedule:
Sunday 9/14 2-4pm
Tuesday 9/16 1-2:30pm
Thursday 9/18 5-7pm
Sunday 9/21 2-4pm
Private Showing Available by appointment

-Outer Sunset: Hip By The Beach [SF Examiner]

Large Open Living Room

For Sale: 29 Rivoli, Top Floor Edwardian View Condo In Cole Valley On A Quiet Tree Lined Street


I have this fabulously luxurious top floor, 3 bed, 2 bath Edwardian condominium with amazing panoramic views to the North from the living area and South from the bedrooms, on a quiet tree lined street in Cole Valley, coming on the market this Friday 9/12, and you get the first look.

The home features gorgeous hardwood floors, a spacious, bright and open formal living room (wired for surround sound) with a fireplace. Formal dining room with period details, built-in cabinets and box-beam ceiling. Walk through the Butler’s pantry into your bright, open and large designer kitchen with Caesarstone countertops, custom cabinets, skylight, extra storage and A+ appliances. Both bathrooms have been remodeled by Waterworks and feature all of today’s amenities. Laundry room has side by side washer & dryer, and floor to ceiling cabinets. The entire condo has refinished floors, new carpet, and new paint. It also comes with one car parking, a shared yard, and did I mention views, views, views. Because the property is completely separated from other structures on all sides, the home is incredibly bright…a rarity in San Francisco.

Soar above Cole Valley in this truly remarkable property you don’t want to miss.

List price $1,395,000
Open House Schedule:
Sunday 9/14 2-4pm
Tuesday 9/16 12-1:30pm
Thursday 9/18 5-7pm
Sunday 9/21 2-4pm
Private showings available

For more information about this property or any others, please contact me (alexclark@gmail.com / 415-254-5351), and to learn more about Cole Valley, in general, check out all the great stuff I’ve shared!

Before Google Street View, I did a Tour de San Francisco. And here’s what I did for Cole Valley.

-More Listings [theFrontSteps]

Living/Great room detached on 3 sides with tons of light

NOPA Flat For Sale: You Get First Dibs

Labor Day is just around the corner, and that means we can expect an influx of listings to hit the market. Just like everyone else, we’ve been waiting and preparing a couple properties ourselves. We’ll be putting this beauty on the market 9/5, but as is always the case, my readers get first crack.

Situated in one of the most desirable neighborhoods in San Francisco, this NOPA flat is not to be missed. You can walk to everything, transportation is a breeze, and with approximately 1500 +/- square feet of living space, what more could you need. Located at 1674 Hayes, this unit features 3 bedrooms, 2 1/4 bath (2nd bedroom has a sink), 1 parking space for a small car, soaring ceilings, hardwood floors, laundry room, fireplace, and a shared yard. The bedrooms are very generous in size and have tons of closet space for all those shoes and suits. The long hallway leads you to the rear of the property where the incredibly light and bright great room allows for dining, entertaining, cooking, and lounging all in the same space.

We will be listing this property 9/5, first open house 9/7 from 2-4pm, and available for private showings anytime. Price will be $1,095,000, and the offer date (if any) is still TBD. Disclosures are in the final stages of completion, and property is in the final stretch of condo conversion. If you’d like any more details, or care to get yourself or a friend in, give me a shout: 415-254-5351.

If you live in the area, and were wondering what your home might be worth, or what we expect to sell this flat for, I’d be happy to chat.

21-741-18th-ave-windowview-high-res

We Just Beat The Closest Comp By $200,000

I’m pleased to announce my clients have successfully sold their Richmond District top floor condominium for $1,200,000 (listed at $949,000), or as I like to point out, $200,000 more than the most recent, closest competitor property on 26th Ave that listed almost the same day as we did.

It’s no coincidence we knocked it out of the park. It was strategy, patience, perseverance, and knowing how to finesse each offer (we received five) to their highest and best without them walking away. Congratulations to my clients that just set the bar for Central Richmond condos – the last area of the city you can still find a deal. Let the migration begin.

-741 18th Ave, Top Floor, 2+ bedroom, 1.5 bath, 2 parking, Richmond District Condo, listed $949,000, sold for $1,200,000. Seller Representation.

Condo Trends

San Francisco Condominium Prices Increase 19% YOY

Below, and attached, you will find the recent condominium sales report from the Mark Company, one of the leaders in new development sales in San Francisco. They have a keen eye on all things new construction, high rise, and luxury that is popping up around town, and they are behind many of the sales offices you might be visiting. To say they know the high rise market in San Francisco would be an understatement. They are truly the front lines, so have a look.

APRIL 2014 SAN FRANCISCO CONDOMINIUM PRICES INCREASE 19 PERCENT OVER PREVIOUS YEAR
The Mark Company Trend Sheet Tracks New Construction and Resale Market Trends

San Francisco – May 19, 2014 – San Francisco condominium prices rose 19 percent in April 2014 over the previous year, according to the Condominium Pricing Index released today.

The Mark Company Condominium Pricing Index for April was $1,115 per square foot, which is up 8 percent from March. New construction inventory was 45 percent lower than a year ago, and down 1 percent from the previous month with only 136 units now available.

‘The Condominium Pricing Index underwent by far its largest single month gain this year, building on an already strong market in San Francisco caused by low inventory and extremely strong demand,’ notes Erin Kennelly, senior director of research, The Mark Company. ‘However, a surge of new condominium projects scheduled to come online this year may indicate an easing of the city’s inventory crunch.’

The Condominium Pricing Index, part of the firm’s monthly Trend Sheet, represents the price per square foot of a new 10th floor, 1,000-square-foot condominium. It is based on recent sales data, and uses a proprietary quantitative method to measure trends in market demand. It tracks the value of a new construction condominium without the volatility of inventory changes.

The Mark Company Penthouse Pricing Index, which applies the same methodology to a new 30th floor, 2,000-square-foot condominium, was $1,915 per square foot in April, up 19 percent year over year.

The condominium price per square foot was $927 for resales, up 7 percent from March 2014 and up 19 percent year over year, according to The Mark Company Trend Sheet for San Francisco. In addition, there were 307 condominium resales in San Francisco in April, 259 active condominium listings representing less than one month of inventory, and 155 pending condominium listings.”
markcotrendsheet

With what little inventory there is all across the city, versus what incredible demand remains, these numbers should come as no surprise.

As always, I’m here to help if you have any questions, or would like to buy or sell in any luxury high rise tower in San Francisco.

-The Mark Company Trend Sheet (pdf)

DECEMBER 2013 SAN FRANCISCO CONDOMINIUM PRICES INCREASE 18 PERCENT OVER PREVIOUS YEAR

San Francisco condominium prices rose 18 percent in December 2013 over the previous year, according to the Condominium Pricing Index released today by The Mark Company, a leading urban residential marketing and sales firm.

The Mark Company Condominium Pricing Index for December was $1,034 per square foot, which is up 2 percent from November. New construction inventory was 78 percent lower than a year ago, and down 26 percent from the previous month, with 92 units currently available.

“With fewer than 100 new condominiums now for sale in San Francisco, price appreciation is likely to continue in 2014,” states Erin Kennelly, senior director of research, The Mark Company.

The Condominium Pricing Index, part of the firm’s monthly Trend Sheet (available at www.themarkcompany.com), represents the price per square foot of a new 10th floor, 1,000-square-foot condominium. It is based on recent sales data, and uses a proprietary quantitative method to measure trends in market demand. It tracks the value of a new construction condominium without the volatility of inventory changes.

The Mark Company Penthouse Pricing Index, which applies the same methodology to a new 30th floor, 2,000-square-foot condominium, was $1,776 per square foot, up 18 percent year over year.

The condominium price per square foot was $868 for resales, up 26 percent over December 2012, according to The Mark Company Trend Sheet for San Francisco. In addition, there were 229 condominium resales in San Francisco in December, 134 active condominium listings representing less than one month of inventory, and 123 pending condominium units, the Trend Sheet found.

That’s some pretty insane growth and is not surprising. Thanks Mark Company for the info.

Dropping Knowledge: San Francisco Property Pie Chart

I know you’re all like me, you drive around town looking at all the wonderful, insanely expensive property we have here in San Francisco. I know you wish you knew how many of the properties you see were single family homes, how many are condominiums, how many are big ol’ properties of which you’d love to be the landlord (or maybe you already are). My company came up with this nice little pie chart for all y’all. Enjoy:

sf_housing_units

Thinking Of Selling Your Property? Read This First

Sellers, it’s time. We need your inventory, and look how happy you could be!

Alex thanks for selling my home as quickly and painless as possible at a price way beyond my expectation! I especially liked that you provided expert advice/service from staging, lighting and photography to make this a success. Using [electronic signature solutions] for all document signing made my life so much easier, and not to mention saving wasted paper from going into the environment. You keep up with the latest trends, you have access to new and potential audience/followers via social networking sites, and you’re just damn good at what you do so, THANKS!!!!

Cheers,
Judy

Brings a tear to one’s eye, doesn’t it. You’re welcome Judy! Thanks for the great testimonial. Call us when you’re ready to buy.

And to all of you other sellers, did you notice how good to the environment we can be? I’ll even come meet you on my bike. Just give a shout, and we’ll get the ball rolling to getting you top dollar on your property too.

-More Testimonials [theFrontSteps]
-Maximum Overbid Of The Week: 235 28th St, Noe Valley [theFrontSteps]

Millennium Tower, San Francisco California, “Top 10 Residential Buildings In The World”

There’s been a lot said from yours truly about Millennium Tower in the past. I’ve watched her grow and shared my stories and photos with all of you over the years. Millennium Tower was erected, sold like hotcakes during the pre 2009 boom, sold not like hotcakes during the bust…but she’s back, and buyers are gobbling up her remaining inventory at breakneck speed.

Recently named as one of the Top Ten Residential Buildings In The World by Worth Magazine, and featured in the Wall Street Journal in an article about Penthouse (not the magazine…the top floor residence) owner Tom Perkins (of Silicon Valley Fame), Millennium Tower sits alongside locations like One Hyde Park in London, Linked Hybrid in Beijing, and One57 in New York as an address many of the who’s who of big money and luxury proudly call home (or second home). Not impressed with that lineup?

Some other noteworthy residents rumored to have roamed the Club Level Amenity floor: Carmen Policy (San Francisco 49ers); Joe Montana (San Francisco 49ers); Peter Thiel (PayPal Co-founder); Russell Coutts (America’s Cup Skipper – legend in Sailing), and that’s just to name a few…

One bedroom units are completely sold out (from the sales office, you can occasionally grab a resale), 85% of the entire inventory has been sold, and your entry level price point is going to be around $1,600,000, but you gotta trust me when I say, you definitely get what you pay for (except deeded parking…in some cases, but that’s a different story).

The building is swank, debonair, and delightful in every sense of the word, and it’s certainly an address in San Francisco you can be proud of owning.

-Top Ten Residential Buildings In The World [Worth Magazine]
-A Penthouse Fit For A King [Wall Street Journal]
-All things Millennium Tower [theFrontSteps]
-Contact me if you’d like a private tour of any of the residences [alexclark@gmail.com]

“No View For You!”-View Nazi


Come on people! It’s 2012! If you claim “views for miles” in your listing, at the very least, take a picture with a smartphone and upload that!

I understand you want to get us in the door, but really? On MLS and no photo? Not sharing pics or details of an off market home, that’s a different story. But MLS? The shangrila of real estate? Come on….

1201 California