Category Archives: theFrontSteps

For Sale | Off Market | 192 Seal Rock Drive #2, San Francisco

[Update: Open House Sunday 11/16 from 2-4pm. Please come by. Asking price $725,000.]

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, as it will not be going on the MLS until January (if at all).

The Home Features:
-1 bedroom
-1 bath (separate shower and tub)
-1 car garage parking
-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

Because we are not placing this property actively in the Multiple Listing Service as of yet, nor doing the full blown marketing with open houses, tours, listing syndications, etc., we have not yet set an asking price.

Something tells me this property won’t last long, so don’t drag your feet. If you’re interested, contact me and we’ll take it from there.

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

San Francisco’s Top 10 Real Estate Overbids This Week

…and because I know you love ‘em:
Top 10 Overbids Of the Week

Address BR/BA/Units DOM List Price Sold Price Overbid
344 Prentiss St 2/1.00/N/A 12 $899,000 $1,330,000 47.94%
131 San Pablo Ave 4/2.50/N/A 20 $1,995,000 $2,850,000 42.86%
311 Jersey St 2/1.00/N/A 11 $1,175,000 $1,670,000 42.13%
43 Ruth St 3/1.00/N/A 8 $388,000 $550,000 41.75%
122 Farallones St 2/1.00/N/A 13 $499,000 $700,000 40.28%
2200 Sacramento St 2/2.00/603 15 $899,000 $1,255,000 39.60%
1727 Grove 2/2.00/ 19 $899,000 $1,230,000 36.82%
106 Wool St 3/2.00/N/A 25 $1,149,000 $1,565,000 36.21%
3333 Clay St 1/1.00/3 12 $899,000 $1,200,000 33.48%
71 Cotter St 2/1.50/N/A 13 $875,000 $1,150,000 31.43%

Go deeper, and check out the Top 20 Underbids.

Sold | Off Market In Cole Valley – 1242 Cole

giants_world_series Giants win the World Series, yet again, it’s Halloween, and my clients just stole this amazing condominium in the heart center of Cole Valley! The essence of what we just witnessed in the World Series is not much different from the Real Estate game in San Francisco. It takes a great team, strategy, timing, focus, and of course a little luck to win. I’m happy to say all the elements came together for my buyers and we knocked this purchase out of the park on the first pitch. My clients knew it was a great opportunity, took my advice, didn’t hesitate, and scored! Congratulations Elizabeth and Andrew. Ya done good.

Not only is October great for baseball, Halloween, and our Indian Summers, but this October has been my most memorable month of this year. With 6 deals closing this month, this one in Cole Valley was the icing on the cake. I have another deal in contract in Cole Valley, and know of a couple great listings off market and coming soon, so don’t be a stranger if you’re looking in Cole Valley for a home.

This score proves that there are opportunities out there without overpaying, but you have to be aggressive and know where to look.

An average condominium in Cole Valley sells for $941 per square foot, according to my third quarter report, and we grabbed this sweet 3-bedroom, 1 bath home with parking, yard, amazing period details, an awesome kitchen, some rugs, and some great furniture at $886 per square foot before it hit the market at $1,300,000.

For you buyers out there, it’s a crazy market, but don’t get discouraged. You can win.

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

Happy Halloween! Giants Baby! Pray for Snow!

Sold | 1674 Hayes – Listed $1,095,000, Sold $1,255,000

I’m pleased to announce the successful sale of this NOPA flat. 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.

In the end, we received five offers, countered one of the best, got it to stick, and voila! Sold. Congratulations to my client and the buyer. What a wonderful property in an AMAZING location.

1674 Hayes: 3 bed, 2.25 bath, 1 car parking. Listed at $1,095,000, sold for $1,255,000.

If you’d like to learn more about homes for sale in NOPA, or have a property you’d like to sell in NOPA, please do not hesitate to contact me. This ain’t my first NOPA rodeo, so you’re in good hands.

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

Bay Area Demographics – In Detail

San Francisco Bay Area Demographics

18 charted analyses of ancestry, affluence, education, real estate,
politics, poverty and employment for San Francisco, Marin, Napa,
Sonoma, San Mateo, Santa Clara, Alameda & Contra Costa Counties.

4th Quarter 2014, Paragon Special Report

These charts are mostly based on U.S. Census surveys from 2010 to 2013. Each of the 8 counties examined contains areas of widely varying demographics, and the multiple reports analyzed (6+ for each county) contain counts and estimates made at different times. Though these statistics are broad overviews, we still found many fascinating insights – and hope you will as well.

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Ancestry, Race & Age

For the most part, the ancestry and race categories used below
are as designated in the U.S. Census reports.

Ancestry: This first chart is a collated overview of the 8 counties. The Bay Area is one of the most multi-cultural places on earth, but (not broken out on this chart) this diversity is not evenly spread: Different ethnic and national groups often cluster in specific counties. For example, San Francisco has the largest populations with Chinese or Russian ancestry; Santa Clara has, by far, the greatest number of residents from India, Vietnam or Mexico; Alameda leads in those of Portuguese or Pacific Island heritage. For breakdowns by county, U.S. Census reports can be accessed here.

Race: Marin County has by far the largest percentage white (non-Hispanic) population at 73%, followed by Sonoma and Napa. San Francisco has the largest Asian percentage at 34.4%, with Santa Clara just behind at 34.1%. Santa Clara is the only county where white isn’t the largest group – Asian is bigger by a tiny margin. Napa has the largest Hispanic percentage at 33%, with 5 other counties between 23% and 27%. Alameda has the most substantial percentage black population at 12%.


Foreign-Born: The foreign-born population in the Bay Area is large (behind only New York, Miami, LA and Chicago) with again, different groups predominating in different counties. About 50% of our foreign-born residents have acquired U.S. citizenship.

Continue reading Bay Area Demographics – In Detail