We had to put the battle armor on to get this one (232 Precita in Bernal Heights)…with 12 offers, and negotiations happening at light speed. We offered much lower than the final sales price (given the uncertainty in the market), but had to change our thinking, and change it fast. (This is exactly what I was talking about in my previous post about some properties not getting offers, while others get many multiples.) It was ultimately too nice of a location and lot for my client to pass up. Congratulations to you, sir…well done. It is a great house with major potential.
From the marketing remarks:
Charming 1930’s era Spanish Mediterranean style home with unprecedented 120′ deep x 56′ wide L-shaped lot, offering the most amazing back yard potential you’ll ever find in Bernal Heights! And just a block from beautiful dynamic Precita Park. Versatile, highly desirable floor plan. Living Room with wood burning fireplace, Formal dining room, Kitchen with breakfast nook -all could be opened up for incredible open Living/Dining/Kitchen experience! Two large bedrooms & delightful period bath w exquisite tilework, separate shower & tub. Parquet wood floors. Interior stairs to large home office & guest suite, w obvious further expansion potential. Live the dream & ultimate CA indoor/outdoor lifestyle with fruit orchard, potting shed & Downtown View backdrop! Premium N.Slope location, where Mission meets Bernal.
Property was listed by Vanguard Properties. I represented the buyer. If you want the play by play on how this deal went down, give me a shout.