Finding a true deal in San Francisco real estate feels like searching for a needle in a haystack. Most buyers want a perfectly staged home that is ready for move in on day one. When a property comes with a complicated situation, the buyer pool shrinks rapidly… leaving a massive opportunity for anyone willing to take it on. The property at 300 Los Palmos Dr just closed and the final numbers are definitely worth a closer look.
Originally listed for $1,198,000, this corner home ended up selling for $1,000,000. That is a serious underbid in our current market. The most interesting detail is that the property is completely tenant occupied with nine people currently living there. Buyers often shy away from these situations. Those who stick around can sometimes negotiate a massive discount. This is a perfect example of finding a great deal if you have the right strategy and a little bit of patience.
For more Underbid sales, head to The Goods.
Thinking of buying or selling? Contact us today to work with the only realtor in SF giving back to the planet with each transaction.
– 300 Los Palmos Dr, San Francisco, CA 94127-2316 (The Goods)
Alexander Clark
theFrontSteps Real Estate
Top 1% SF Agents
Founder theFrontSteps
DRE# 01339386
@theFrontSteps
415-254-5351
[email protected]
“Alex is, simply put, the best real estate agent in San Francisco. In a span of a few years, Alex has helped us buy two homes, and sell another two. Most of those deals presented unusual, and daunting challenges–financing problems…” Continue Reading