20 Offers But Only 1 Winner | 2527 42nd Ave Finds A Buyer | Outer Parkside | $1,646,000

It was a battle to get this one at 2527 42nd Ave, that’s for sure. With 20 offers on hand for the sellers to choose from, at least 5 of them over $1,600,000 (list price $1,095,000), and me putting this deal together during one of the best snowstorms of the last 10 years (I’m that guy on the lift on his phone, fingers freezing, when it’s DUMPING two inches an hour and cell reception is popping in and out.), I’d have to say I’m tremendously pleased with the outcome, and my clients are thrilled.

They scored a rare gem in the Sunset/Parkside…a three bed, two bath, and two car side by side garage home with what we call a “reverse floorplan” and booming 180 degree views out to the edge of the Earth. Bleary eyed surf checks just got a little easier for these guys, there is yard a plenty for the little rascal, and I’m bribing them for my own personal surf cam on the roof.

Congratulations to everyone involved. What a great home that’s about to get a lot greater. And congratulations to every future seller in the Avenues as the bar keeps getting raised with each astronomical close. If you’re worried about buyers drying up, I’d say your fears are not valid.

2527 42nd Ave, Outer Parkside, $1,646,000 Buyer Representation

If you’re thinking about selling a home right now, give me a shout, I’m an expert at selling them too.

SOLD | 784 48th Ave | $1,300,000 … and the Perfect Storm

Every so often we get, in San Francisco real estate, what I call “the Perfect Storm”…that is a property that hits the MLS, listed by an out of town agent, no staging, amateur photos, and no offer date. It’s on these listings you have to pounce, submit an offer immediately, and get in contract. I was lucky enough to do it a while back on 22nd Ave, and lucky again to get my clients in contract and closed on their first home at 784 48th Ave in the oh-so popular Outer Richmond.

Anytime you can get in contract with hordes of buyers lurking around every corner it’s a win, and when you get a property at a reasonable price, it’s a double win. It just takes agent/client teamwork, a lightning quick process, and smiles…lots of smiles.

Congratulations to everyone involved. What a smooth transaction and great home.

784 48th Ave Outer Richmond, $1,300,000, Buyer Representation

Outer Richmond Single Family Checking ALL The Boxes | 3541 Cabrillo | $1,595,000

Situated one block from the trendy Balboa Corridor, one block from Golden Gate Park, and one stone’s throw away from Ocean Beach, 3541 Cabrillo is a rare find in the Outer Richmond…

Having recently been updated and re-imagined, this amazing home features everything you need, including three full size bedrooms, three bathrooms (including en suite master bathroom with dual showerheads, dual sink, bathed in natural light), two car garage parking, hardwood floors with period details, formal living, formal dining room, in unit Washer & Dryer, downstairs great room that opens to a South facing yard with deck, designer lighting, patio off of the updated kitchen, and newer appliances.

This home is walking distance to the bustling Balboa Corridor Shops and Restaurants (Have you tried Miki or Shanghai Dumpling King? What about Chino’s?), but it’s also a stone’s throw from: Land’s End hiking trails; the ruins of Sutro Baths; Sutro Park; Cliff House & Beach Chalet Restaurants; Lincoln & Golden Gate Park golf courses; Beach Chalet Soccer Fields; Golden Gate Park; Safeway; and so much more. The location of this property also makes for an easy commute to the South via the Great Highway, East via 5 Fulton, 38 Geary, and 31 Balboa Muni Buses, as well as proximity to the Golden Gate Bridge and points north. If you want to go West, you’ll need a boat.

Property Details:
List Price: $1,595,000
Year Built: 1925
3 Bedrooms
3 Bathrooms
2 Car Garage Parking
Hardwood Floors
Formal Living Room
Formal Dining Room
Designer Lighting
Updated Kitchen
Patio off kitchen
Master Bedroom
Master Walk-in Closet
En Suite Master Bathroom
Downstairs Great Room
Washer & Dryer
South Facing Yard and Deck
*Some updates made without the benefit of Permit, prospective Buyers advised to investigate

Showing Schedule:
Sunday 2-4pm Open Houses
Private Showings upon Request
Offer Date TBD

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351
DRE#01339386
For more information, a private tour, or to chat about your property, you can contact me via the info above, or try the contact form below.

Off Market Opportunity In Outer Richmond / Sutro Heights…

I wanted to give my followers an epic opportunity for an amazing off market home in the Outer Richmond / Sutro Heights area of San Francisco. Details below…

662 46th Ave @ Sutro Heights Ave / Balboa
Price: TBD
2 bed
2 bath (1 unwarranted)
Approx 1450 Sqft
Built 1931
30’x120′ lot
Detached South Side
Large unwarranted room downstairs
1 car parking
Large East facing yard with Fruit trees (Apple, Cherry, Lemon, and blueberry bush)
Beautiful Hardwood floors
Large Living Room w/ Arched Ceiling
Period Details throughout
Fireplace
Open (Updated) Kitchen
Split Bath upstairs
Bonus (atrium) space off of kitchen
Partial Ocean Views
Excellent Outer Richmond Location
Disclosure package available soon, including Pest/Contractor
Offer date will be determined after tomorrow/weekend showings.
Open Friday 1-3pm, and by appointment thru Saturday. Please RSVP.
p.s. I do not have any photos, floorplans, or statements to share. Just come take a look.

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351
DRE#01339386
For more information, a private tour, or to chat about your property, you can contact me via the info above, or try the contact form below.

SOLD | 1651 Page St. | Haight Ashbury | $2,100,000

Sad to see this one go…such a beautiful propert. At least it went from a great seller to a wonderful and deserving family that will make it home for a long time to come. Congratulations to everyone involved.

Grand scale, late 1800s top floor Victorian Condominium on a coveted block in the Haight / Ashbury area of San Francisco with approximately 1692 square feet of living space, hardwood floors, formal living room, formal dining room, ~12 foot high ceilings, updated kitchen, master bedroom and en-suite bath, decorative fireplace, in unit washer & dryer, 2 car independent parking, south facing deck, exclusive use yard, additional storage spaces, and final stage plans at the ready for a 980 square foot attic expansion.

SOLD | 740 Clayton | Haight Ashbury / Cole Valley | $2,600,000

Three offers, and a long three months later, I’m pleased to report the successful sale of the Church of the Living God…a.k.a. 740 Clayton. Congratulations to the buyers, and the sellers and thank you all for a smooth (albeit long) transaction.

First time on the market since the 1960’s, and currently used as a Church, 740 Clayton is a true (circa 1906) Victorian gem just waiting to be restored to its original glory, or developed to the max (zoned RH-3), situated on a massive L-shaped lot with 38 feet of frontage, and containing an additional structure / cottage in the rear.

Swoon Factor High On This Haight-Ashbury Victorian | $1,995,000

It’s a grand scale, late 1800s top floor Victorian Condominium on a coveted block in the Haight / Ashbury area of San Francisco, and it could be yours, or it could be your friends.

With approximately 1692 square feet of living space, hardwood floors, formal living room, formal dining room, ~12 foot high ceilings, updated kitchen, master bedroom and en-suite bath, decorative fireplace, in unit washer & dryer, 2 car independent parking, south facing deck, exclusive use yard, additional storage spaces, and final stage plans at the ready for a 980 square foot attic expansion, it’s the perfect blend of old world charm, Haight-Ashbury lore, and modern convenience…not to mention tremendous South facing light and warmth to soothe the soul.

A rare find, this 3 bedroom, 2 bathroom home enjoys a wonderful southern exposure with French doors that open to a private deck from both the dining room and master suite overlooking an exclusive use serene landscaped yard. The home’s central location is steps away from all of your shopping needs and a growing number of popular restaurants, and is situated ideally for access to Golden Gate Park and Buena Vista Parks, Cole Valley, NoPa, freeways to points North, South, and East, and of course the famous Haight/Ashbury.

The property is move-in ready, and as an added bonus, is being sold with plans in final stages of approval to transform the main living area into a spacious and modern great room, as well as expansion into the 1692 square foot undeveloped attic. This renovation would transform the property into a 5 bedroom 3 bathroom home with 2672 square feet of luxury living, including a new master suite, tons of new closet space, and views to Sutro Tower. Attic would feature 2 additional bedrooms, 2 bathrooms, an entertainment/lounge area, and closets galore, delivering two exquisite levels of living, dining, and entertaining in one of San Francisco’s most coveted and historically significant locations.

Property Details:
List Price: $1,995,000
1692 square feet
1692 square feet attic (unconditioned)
Top Floor Condominium in Two Unit Building
3 bedrooms
2 bathrooms
2 parking
Storage
Exclusive Use Landscaped Yard
Exclusive Use Deck
Wood Floors
Decorative Fireplace
Period Details
High Ceilings
In Unit Washer & Dryer
Solar Panels
HOA Fees $435/mo. (Includes Water, Garbage, Insurance, Common Electric and repairs.)

Plans for:
5 bedrooms
3 Bathrooms
2672 Square Feet
Open Kitchen, Living, Dining area
Master Suite
Additional Entertainment area
Luxury to the nines

Showing Schedule:
Saturday & Sunday Open House 1-4pm
Private Showings by Appointment Only

Exclusively listed by:
Alexander Clark
Keller Williams Luxury Realty International
theFrontSteps.com
alexclark@gmail.com
415-254-5351
DRE#01339386

SOLD! | 1720-24 Larkin | Russian Hill Multi-Unit | $5,200,000

When in doubt, write an offer, tie it up, do your research, and hopefully it all turns out. That’s how we got this amazing development opportunity at 1720 Larkin, in Russian Hill, and how we got it WAY below asking. Originally listed “off market” for $6,200,000, I threw this out to a few developers I know, most of whom assumed it was over-priced, and had no potential.


Their loss…we originally submitted a “low-ball” offer just to begin the dialogue, and to our surprise, the sellers didn’t simply tell us to get lost. After a couple verbal rounds of negotiating, we put our intentions in writing, got a counter, countered them, and got in contract with 30 days to figure out what we could do with this beast, if anything, and if we could get a loan. As it turns out…one can do a lot, and our lender agreed!

So stay tuned for the transformation, and relish with me in the fact that we got this property WAY below list price, fought our way through lender headaches, and just closed for $5,200,000 (listed on MLS for $5,500,000, which you’ll note is different than the off market $6.2M list price).

Congratulations to my clients (the buyers) and to all of the sellers. Thank you also to the listing agents who stuck with us, and didn’t lose their sh*t when we kept having to delay the close. I promised we’d get there, and we did.

Onward!

Maximum Overbid of the Week | West Portal 2 Bed Gets 42% Above Asking

We can talk about under-pricing all day long, but the fact is buyers keep taking prices higher and higher, and the last time I checked, inventory remains crazy low. Open house traffic to pretty much any single family home in the city remains brisk (borderline mob scene), and condos in great locations are just about the same, so a major tide swing in our market still remains only a topic of speculation, and definitely not reality.

So here you go…the Top 10 Overbids for San Francisco:

Address BR/BA/Units DOM List Price Sold Price Overbid
89 Forest Side Avenue 2/1.00/N/A 22 $1,168,000 $1,656,000 41.78%
2583 45th Avenue 3/1.00/N/A 12 $949,000 $1,330,000 40.15%
2082 36th Avenue 3/2.00/N/A 8 $1,100,000 $1,430,000 30.00%
4779 18th Street 4881 2-4 Units 14 $995,000 $1,250,000 25.63%
38 Bitting 3/2.00/N/A 5 $849,000 $1,050,000 23.67%
1001 Pine Street 0/1.00/1212 20 $499,000 $605,000 21.24%
40 Nadell Court 4/2.00/N/A 16 $849,900 $999,000 17.54%
3324 Scott Street 3326 2-4 Units 0 $3,000,000 $3,500,000 16.67%
2479 Diamond Street 5/3.00/N/A 122 $1,799,000 $2,025,000 12.56%
190 8th Avenue N/A/N/A/7 17 $2,850,000 $3,165,000 11.05%

Definitely a couple stunners on that list, and many that are no surprise (at least to me).

Have a great weekend! Pray for more snow. That last storm was a total tease.

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Three Hundred Forty Seven Square Feet 4 Four Hundred Sixty Five Thousand

Ever wondered what $465,000 gets you in San Francisco? It gets you this…a 347 square foot studio in South Beach:


That’s $1340 per square foot in case you were wondering.

Happy Hump Day – you’re almost there.

201 Harrison St #108, sold $465,000 [The Goods]
…Loving the hand sketched floorplan.