Hope everyone had a great Thanksgiving! I know I did. Back to the grind…
With the grind comes daily ganders at all things San Francisco real estate, and today is no exception. Check out this this Nob Hill Co-op apartment at 1333 Jones topping our weekly list of underbids (because they do exist).
Listed just under $1.5M and sold for $1.3M… that’s gotta put a smile on your face. The $200,000 savings can put an Audi R8 in your garage (it is holiday season after all), or your kids through San Francisco pre-school (go with the R8). :-)
Hey look! Two other full service bachelor pads also sold under asking recently: one at the Four Seasons and the other at the Ritz Carlton. Underbid by about 8% after being on market for 339 and 227 days respectively. Wowza…
Anywho…the weekly top 10 list of Underbids for your Monday viewing pleasure:
| Address |
BR/BA/Units |
List Price |
Sold Price |
Underbid |
|
|---|---|---|---|---|
| 1333 Jones #801 | 1/1.5/1 | $1,495,000 | $1,300,000 | -13.04 % |
| 2955 Pacific Avenue | 3/2/1 | $4,100,000 | $3,650,000 | -10.98 % |
| 2535 Vallejo Street | 3/3.75/2 | $6,275,000 | $5,600,000 | -10.76 % |
| 956 South Van Ness | 4/3.5/2 | $2,995,000 | $2,674,000 | -10.72 % |
| 3283 25th Street | 2-4 Units | $1,788,000 | $1,615,000 | -9.68 % |
| 765 Market Street #27B | 1/1.5/0 | $1,550,000 | $1,415,000 | -8.71 % |
| 690 Market Street | 1/2/1 | $1,150,000 | $1,050,000 | -8.70 % |
| 3236 Scott Street | 5+ Units | $2,450,000 | $2,250,000 | -8.16 % |
| 825 Rhode Island Street | 4/3.5/1 | $1,895,000 | $1,750,000 | -7.65 % |
| 1069 Capp Street | 5+ Units | $1,799,000 | $1,675,000 | -6.89 % |