Category Archives: Tenancy In Common (TIC)

SOLD (In One Day) | 192 Seal Rock Dr. #2 – Outer Richmond

Remember when I said, “Something tells me this property won’t last long, so don’t drag your feet“? I wasn’t kidding. We put this on MLS Monday for $659,000, received two cash (pre-emptive) offers on Tuesday, and we closed for $735,000 today…not bad for an Outer Richmond 853 square foot, one bedroom TIC.


There is an art to this kind of result when selling a property, and it doesn’t come from throwing a sign up, and opening your front door. If you’re thinking about selling your property, or know anybody else who might be pondering the bags of money they’re sitting on, give me a shout. I’m here to help.

The property details:
Continue reading SOLD (In One Day) | 192 Seal Rock Dr. #2 – Outer Richmond

For Sale | 192 Seal Rock Dr. #2 | Outer Richmond

I’m claiming this as the best one bedroom ocean view property as far West as you can get in San Francisco, and here’s why:


Situated in San Francisco’s Outer Richmond District, this magnificent property is literally on the edge of nature, National Parks, hiking/running trails (Land’s End Coastal Trail considered by many to be the best trail in SF), and several major attractions in San Francisco. It overlooks Seal Rock with amazing 180 degree views of the Pacific Ocean, is walking distance to the Cliff House, Sutro Baths, Legion of Honor, Lincoln Park Golf Course, Fort Miley, and you can practically roll yourself down to Ocean Beach.

The owners have poured their heart and soul into remodeling this amazing building with the best, high end, designer features and finishes you can find, and you, my friend, are lucky enough to have come across it.

The Home Features:
-1 bedroom
-1 bath (separate shower and tub)
-1 car garage parking
-Approx 853 Square Feet (Per Seller)
-Carrara Marble Island countertops
-Spekva European Ash butcher block countertops
-Custom cabinets
-Recessed Lighting
-Thermador Gas Range with Hood
-Built in Bosch Refrigerator and Dishwasher
-Bosch Washer & Dryer in unit
-Hardwood floors throughout
-Radiant floor heating
-RC channel soundproofing between all units
-California Closets in Master Closet
-Franke Atriflo kitchen faucet
-Wired for surround sound
-Cat-5, Fiberoptic and Ethernet wired in entire unit
-Double paned windows
-$200/Mo HOA dues (incl. H20, Garbage, Gas, Reserves, Common Area Electric)
-Property is a Tenancy In Common and Individual/Fractional Financing is available with Sterling Bank
-List Price: $659,000

Showing Schedule:
Tuesday 12/2 from 11am-12:30pm
Thursday 12/4 from 4-6:30pm
Saturday 12/6 from 2-4pm
Sunday 12/7 from 2-4pm
Private showings by request
Offer date TBD

Something tells me this property won’t last long, so don’t drag your feet.

MLS Details: 192 Seal Rock Dr #2, $659,000

Contact me for details, to schedule a showing, and answer any questions.

Update: Sold for $735,000…cash, closed in 5 days.

Alex Clark
Paragon Real Estate Group
415-254-5351
alexclark@gmail.com

San Francisco Real Estate Third Quarter Report

San Francisco House & Condo Values
Which Neighborhoods Dominate Home Sales?
Who Is Buying the City’s Luxury Condos and Why?

September saw the largest surge of new listings coming on market in the past 2 years, which led to a big jump in deal-making, but data on transactions negotiated in September won’t be available until most close escrow in October and early November. In the meantime, we’ll look at the last 2 quarters.

Median Sales Prices & Average Dollar per Square Foot
The following 2 charts look at current and longer-term trends in home values. As is common, median house sales prices dropped a bit in the 3rd quarter – this is due mostly to seasonality issues – though condos have held steady for 3 quarters now at $950,000. Dollar per square foot values have continued to increase to new peaks: This metric is particularly being impacted by new-development condo sales, which are breaking dollar per square foot records virtually everyplace they’re being built.

If you wish to drill down on values in very specific city neighborhoods, we recently updated our interactive map, which can be found here: SF Home Price Map

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Where Home Sales Occur at What Prices
Continue reading San Francisco Real Estate Third Quarter Report

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.