We often hear people questioning the strength of the market in the Avenues, but sales like this one really set the record straight. This recent closing at 2087 29th Avenue brought in a final tally of $605,000 over asking.
The price landed at $1,800,000… and while the classic tunnel entrance has its fans, we are willing to bet it was the expansive look at the Pacific that really made the difference. When you have that kind of outlook, buyers are going to pay for it.
Congratulations to the sellers and the new owners on a solid transaction.
For more overbid sales in San Francisco, head to The Goods.
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