Tag Archives: Condominium

62 Buena Vista Terrace: Designer Kitchen

For Sale | 62 Buena Vista Terrace, San Francisco

Located on an elegant street in San Francisco’s Buena Vista Park District, one of San Francisco’s most coveted neighborhoods, 62 Buena Vista Terrace affords you the ability to immerse yourself in all this city has to offer, yet escape from it too. And you, dear reader, get first crack at it.


Walking distance to Duboce Triangle, the Castro, Haight, Hayes Valley, Upper Market, Mission Dolores, Alamo Square, Buena Vista Park, Duboce Park, and NOPA, this luxury residence is truly in the heart of the city, and truly awesome…yes awesome.

Top floor condominium in a small 2-unit building, 62 Buena Vista Terrace has 2 + bedrooms, 1 bath, 1 car parking, views, formal dining room, living room, beautiful bamboo flooring throughout, new double paned windows, tons of natural light, two fireplaces, exclusive deeded deck off of kitchen, beautiful lush garden, in unit Washer & Dryer, tons of extra storage, and plentiful closet space.

The designer kitchen is a chef or entertainer’s dream, complete with granite countertops, Viking Range, Amana refrigerator, custom cabinets, island with Carrera marble countertop, under cabinet LED lighting, microwave, Miele Dishwasher, and an extra room off the kitchen perfect for morning coffee or evening cocktail preparation (could be a great breakfast nook too). Trust me when I say your friends will envy you here.

The unit is approximately 1353 square feet (per tax records), HOA dues are $300/month, and we’ll be listing it for sale at $1,295,000.

Property Summary:
-Buena Vista Park Top Floor Condominium
-Address: 62 Buena Vista Terrace
-2 bedrooms
-Bonus room/office
-1 bath
-1 parking
-1353 Square feet (per tax records)
-$300/mo HOAs
-Bamboo Flooring
-New Windows
-Formal Dining Room
-Living Room
-Deck
-Yard
-Views
-W&D
-Storage
-Designer Kitchen
-Breakfast nook/office
-$1,295,000
-Boom!

Showing Schedule:
-Saturday 10/25 2-4pm
-Sunday 10/26 1-4pm
-Tuesday 10/28 12-1:30pm
-Thursday 10/30 5-7pm (Twilight)
-Sunday 11/2 1-4pm
-Private showings by appointment

Other important information:
-Full disclosure package, including pest/contractor inspection available
-Offers, if any, reviewed Monday 11/3 by 12pm

Slideshow:

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Don’t delay. This one is gonna go fast. Contact me for further details or to schedule a showing.
Alex Clark
415-254-535
alexclark@gmail.com

22 Loyola Terrace: A Single Family, NOPA Alternative With Real Big Views For $1,095,000

Have aspirations to live in the oh so hip NOPA district of San Francisco? Been searching for a single family home in NOPA, but just can’t afford one? You’re in luck, as thankfully San Francisco always has an alternative for you, and 22 Loyola Terrace is no exception.

Technically mapped in San Francisco’s Lone Mountain neighborhood, 22 Loyola Terrace is one cute cul de sac practically in NOPA, close to Haight, down the hill from USF, around the hill from Laurel Village, and a short par 3 away from Golden Gate Park. It’s most definitely stumbling distance to Bistro Gambrinus, 1/2 block from Papalote, and certainly walking distance to Matching Half Cafe (because Starbucks on the corner of Fulton and Masonic should be avoided). It gets better…there is a new place to try on the corner of Geary and Masonic called The Corner Store (Remember the Hukilau? Right there.) They serve brunch, lunch, dinner, and have a soda fountain (such the rage).

This top floor, two level, three plus bedroom condominium could easily trick you into thinking it’s a single family home, but alas…it is not. Homeowner’s dues are an incredibly low $193/month, the wood floors sparkle, the kitchen and baths have been updated, the decks and views are tremendous, the garage is massive (2 cars easily fit), there is additional storage, washer & dryer in the unit, and the creme de la creme…radiant heat, no hot air blowing in your skin to dry you out!

So if you, or anybody you know, has been looking for a single family home, or condominium anywhere near NOPA, Lone Mountain, Haight, Laurel Village, Cole Valley, or even Hayes Valley, this is one property you won’t want to miss. Spread the word far and wide, 22 Loyola Terrace is officially on the market, and ready for a new owner. Me thinks it should be you!

-22 Loyola Terrace, 3+ bed, 2 bath, 2 parking, 2 decks, 2 levels, 2 cool, $1,095,000 [MLS]

It Is Certainly Brisk Out, And We’re Not Talking Weather

Somebody has certainly turned the tap on with regards to San Francisco real estate. Case in point (like we need to see more), 1998 Broadway #1007.

I just called on this Pacific Heights property to get an appointment for a client to take a look at it next Tuesday. How foolish of me to think it’d still be available! They accepted offers yesterday, received five, and will certainly not be looking for another by next Tuesday.

That’s a two bedroom, one and one half bath, 1030 square foot condominium asking $750,000, gone in seven days.

-1998 Broadway #1007, $750,000 [MLS]

TIC Versus Condominium, Which Holds More Value?

Answering the oh so common question in San Francisco real estate, “How much more valuable is a Condo than a TIC (Tenancy In Common)”, RealDataSF.com takes us there in a chart:
[Update: If you saw a chart before that was different than this one...that was the wrong one. This is correct.]

Click Image for Larger Version

[Update 2: From "Garrett" in the comments below: "what this chart doesn’t measure is opportunity costs. it is a PAIN IN THE ASS to buy/sell/manage a TIC. i don’t care if it’s a 2 unit building or a 6 unit building, TICs always come with drama… if you want to condo convert it will cost money and you’ll have to deal with your partners and the city. if you want to sell, you’ll have to deal with equity/liquid cash issues. the drama/potential problem list goes on and on and on. so, not only is there a difference in “value” there is an even greater discrepancy between TICs and Condos when it comes to time, headaches and just general pains in the ass." Now how many Realtors are going to be that honest with you? Hats off to Garrett!]

RealDataSF is Misha Weidman…and we thank him for the graph. More details at his site.

Condominium Versus Single Family Homes (The Data)

Misha Weidman is back and he brings us this little nugget (also posted on his site):

Condos vs. SFDs All Districts Chart

…and this quote to go along with it:

Until June 2008, condo and home prices were in lock-step in terms of price appreciation and decline. Thereafter, homes fell first and further. In March 2009, the delta between condos and home prices was a whopping 13%. Since then, however, home prices have recovered smartly: as of June, homes are about 4.5% further off their all-time highs than condos.

What does this all mean? First of all, I wouldn’t take too much consolation just yet in the upward spike in both condo and home prices since the beginning of the year. If you take a look at the chart, this happens every Jan/Feb when people start buying out of the winter doldrums. I wouldn’t predict a bottom until we see what happens this winter.
Still, the current delta of only $100,000 between median condo and median home prices seems rather small. If people are just begging to know what the historical average is, let me know and I’ll find out.

Thank you! And we’d bet there are a few that would love a little historical average.

-Misha’s Blog and place for more data crunching