It’s Madness! (no, not the band)

By now you’ve probably heard about 3840 Clay (pictured above), the Pacific Heights fixer that was asking $3,000,000 and sold for $4,020,000 in less than a blink of an eye. (In MLS on 4/12, 30 disclosure packages were handed out, offers reviewed on 4/16, in contract 4/19, sold 4/25… we’re told for cash.) The home was a “scary fixer”, and “needed at least $2MM in renovation”. Those darn fixers.

But you probably haven’t heard about –451-453 Roosevelt (pictured below), and so we’d like to share:
Asking $1,895,000, this 2 unit (with bonus illegal third unit and tenant(not illegal)), needs a new retaining wall (notice the views, we’re thinking that ain’t gonna be cheap), [mis-information] received 5 offers within the first week of being on the market, two of those offers were countered above $2.1MM, and well, they’re probably in contract above that. We’ll just have to wait and see the outcome, so remind us to update you.

And you certainly haven’t heard of this little gem of a 3 bed, 1.5 bath, Victorian condo in Buena Vista Park at 27 Divisadero (pictured below).
Asking $915,000 and also received five offers, a couple of which were well over $1,050,000. We’re thinking it sells around $1.1MM+/-? Just a hunch. We’ll have to watch this one too. Remind us.

Weee’ve got more, but that’s enough for today. Since you’re here, you might as well check out some interesting before and afters.

3840 Clay [MLS]
Good Bones [sfn BLOG]
451-453 Roosevelt [MLS]
27 Divisadero [MLS]
before and afters [sfn BLOG]

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