For Sale | 875 La Playa Unit 179 | Outer Richmond / Ocean Beach | $779,000

Whether you’re looking for a starter home, Pacific Ocean view pied-a-terre, or simply an Ocean Beach property for the right price, 875 La Playa unit 179 is just the ticket.


Situated on the ground floor and just steps from Ocean Beach, this wonderful Outer Richmond residence features an open living/kitchen/dining area, spacious bedrooms, en-suite bathrooms, updated kitchen with stainless appliances and granite countertops, a patio with direct access to the common area/courtyard, a private balcony accessed from the living area and guest room…oh…and VIEWS! Views, views, views. On a clear day you can see the Farallon Islands, and on any given day you can watch ships sail in and out of the bay, whales breaching, dolphins playing in the surf, fishermen, dog walkers, runners, cyclists, surfers, and all of the wonderful things living by the beach affords.

In addition to the well maintained unit with breathtaking views, you also get parking for one car in a large underground garage, a private storage facility, and gym, art, and woodworking rooms.

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.

It’s just a matter of time before the Outer Richmond really gets “discovered” so get in while the gettin’s good.

Property Details:
List Price: $779,000
1306 Square Feet (per tax Records)
2 Bedrooms
2 Bathrooms (both en-suite)
1 Car Parking
1 Storage Unit
Updated Kitchen
Updated Bathrooms
Open Living/Dining/Kitchen
Patio
Private Balcony
Pacific Ocean Views
In Unit Washer & Dryer
HOA dues $733.34 per month (water, garbage, outside management, on-site manager, maintenance, repairs, building insurance, reserves)
Common Areas (Gym, bike storage, BBQ area, woodworking and art rooms)
Close to Public transportation

Showing Schedule:
By Appointment only
Sunday Open House 2-4pm

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

The List That Just Won’t Quit | San Francisco’s Top 10 Overbids Of The Week

To say the Richmond District single family home market is hot right now is a wee little understatement. It’s white hot.

Overbid of $712,000 aside, it’s another $1100 per square foot sale in an area of town previously undiscovered and overlooked. I guess the secret is out

Address BR/BA/Units DOM List Price Sold Price Overbid
571 20th Avenue 3/2.00/N/A 12 $1,388,000 $2,100,000 51.30%
1463 40th Avenue 2/1.00/N/A 14 $899,000 $1,350,000 50.17%
844 Detroit Street 3/1.00/N/A 22 $899,000 $1,300,000 44.61%
171 Ledyard Street 2/2.00/N/A 11 $599,000 $850,000 41.90%
340 Benton Avenue 3/2.50/ 15 $829,000 $1,142,500 37.82%
1523 26th Avenue 3/2.00/N/A 17 $998,000 $1,375,000 37.78%
3030 Rivera Street 3/2.00/N/A 12 $899,000 $1,235,000 37.37%
4045 Ocean Avenue 3/2.00/N/A 10 $1,195,000 $1,622,000 35.73%
849 44th Avenue 3/1.00/N/A 10 $1,049,000 $1,410,000 34.41%
74 Winfield Street 76 2-4 Units 29 $995,000 $1,320,000 32.66%

Special mention to my listing at 849 44th Ave that barely made it to the list even as nuts as our situation there was!

These lists are very “real-time”, and a good indication of pockets of our market. For a broader look at the San Francisco market I continually refer people to my favorite resource in Patrick Carlisle at Paragon Real Estate:
30+ Years of San Francisco Real Estate Cycles
Preliminary Indications of Direction of the San Francisco 2017 Market

Have a great weekend! It’s gonna be a cracker, so get out and enjoy.

Five days later and $361,000 Over, 849 44th Ave Sets New Record Price Per Square Foot in the Outer Richmond [theFrontSteps]

Five Days Later And $361,000 Over, 849 44th Ave Sets New Price Per Square Foot Record In Outer Richmond

To say we knocked it out of the park on this wonderful Outer Richmond residence, like I did with 652 44th Ave would be an understatement…

Listed on a Friday morning, I got a call from an agent shortly thereafter asking if he could get his client in…so I obviously obliged. That day, same agent asked if they could write an offer now to “take it off the table”. The next day, three other buyers asked the same. The sellers and I respectfully declined all of the pre-emptive attempts, and asked the buyers to wait until our offer day 10 days later. Wait they did. After getting roughly 200 people through the door, we got nine offers, and two others that said they’d like to write at $1,250,000, so without actually saying it, I said it, “Don’t waste your time.”

After a slew of phone calls and negotiations, buyer #1..the same person that was the first person to see it, came up to where they needed to be, upped their offer to $1,410,000 and we closed 5 days later. (As a side note, it is often the first person to see a place that is the winner…keep that in mind.)

There you have it. Congratulations to buyers and sellers, and the Outer Richmond for being one of the hottest neighborhoods in all of San Francisco, at the moment. In case you’re wondering, that’s $1146 per square foot for the Outer Richmond.

To give you a little more indication of our market, as crazy as this Overbid was, it’s only #18 on the Top 20 Overbids!

From the original post:

For Sale | 849 44th Ave | Outer Richmond \ $1,049,000

Beautifully maintained, and recently remodeled Outer Richmond single family residence in the same family for almost 60 years. Pride of ownership extends generations back in this 1950s home. From the beautifully preserved original wood floors, to the wood burning fireplace, and incredibly large and well-maintained yard (with deck off the main living area), this three bedroom, one bath home with a large garage is ideal for those seeking a wonderful single family home in one of San Francisco’s hottest neighborhoods.

SOLD | 652 44th Ave | Outer Richmond | $1,547,777

Setting records in the Outer Richmond and throwing all the lucky 7’s on it: Listed $1,195,000 sold for $1,547,777
We got over 250 people through the door via our stellar marketing and online presence. In the end we handed out just about 30 disclosure packages (generally this is a gauge of potential “real” buyers), and ended up with 10 offers. All of them way over list, and even one higher than the sales price the sellers decided not to accept. Story on that in a coming soon blog post.

For Sale | 652 44th Ave | Outer Richmond | $1,195,000

“Outer Richmond Single Family Home Hits the Market, Buyers Everywhere Flock to See it”…so the headline could read. It’s been a long time since a home of this character, quality, and size has hit the market in the Outer Richmond, and you don’t want to miss it.

SOLD | 762 Great Highway #3 | Outer Richmond/Ocean Beach | $1,250,000

Congratulations to my clients (the sellers), as well as to the buyers on my most recent successful transaction. What an amazing property with drop dead views in an awesome location. Looking forward to seeing you in the water.

From the listing…

You can’t buy property in San Francisco any further West…this is it…where the land ends and the Pacific Ocean begins. Marvel in the ebb and flow of ocean life from your living room (spot dolphins, whales, sea lions, surfers, kite surfers, and ships going by), escape the City life, catch every sunset from your couch kitchen or dining table, walk the beach every morning, experience the surrounding parks and abundant nature right out your front door.

For Sale | 762 Great Highway #3 | Outer Richmond | $1,095,000

You can’t buy property in San Francisco any further West…this is it…where the land ends and the Pacific Ocean begins. Marvel in the ebb and flow of ocean life from your living room (spot dolphins, whales, sea lions, surfers, kite surfers, and ships going by), escape the City life, catch every sunset from your couch kitchen or dining table, walk the beach every morning, experience the surrounding parks and abundant nature right out your front door.

Situated on the Western-most edge of San Francisco, 762 Great Highway #3 is a top floor, approximately 1491 square foot, Panoramic Ocean View residence with 3 bedrooms, 2 bathrooms, designer remodeled kitchen, refinished hardwood floors, high ceilings, new gas fireplace, in unit Washer & Dryer, Viking range, Dishwasher, new carpet, new paint, abundant natural light, 1 car parking (as well as parking permit for private street), storage, shared yard, and 4 miles of Ocean Beach enjoyment at your fingertips.

If Ocean Beach doesn’t keep you busy, you’re 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; Balboa Corridor shops and restaurants; Safeway; and so much more. The location of this property also makes for an easy commute to the South via the Great Highway, as well as proximity to the Golden Gate Bridge and points north.

Welcome to Pacific Ocean living at it’s finest.

Property Details:
$1,095,000
Top Floor
Approximately 1491 square feet
3 bed
2 bath
1 parking (plus permit for private street)
Fireplace
Hardwood Floors
New Carpet in Bedrooms
Remodeled open kitchen
Viking Gas Range
In Unit Bosch Washer & Dryer
Bosch Dishwasher
Shared Yard
Skylights
Panoramic Ocean Views
Hoa Dues $200/month (plus $225/quarter for larger HOA)

Showing Schedule:
Sunday 10/9, 2-4pm Open House
Tuesday 10/11, 11a-12:30p Open House & Broker Tour
Thursday 10/13, 5-7pm Open House
Saturday 10/15, 2-4pm Open House
Sunday 10/16, 2-4pm Open House
Private Showings Upon Request

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

Two Outer Richmond / Sutro Heights Sales To Make Your Head Spin

Take a look at these recent single family home sales in the Outer Richmond/Sutro Heights neighborhood of San Francisco. First, 595 44th Ave, an amazing home by all accounts.


As far as Overbids go, it just hit #5 on the top 20 list. But it has history…specifically pricing history that many agents seem to forget to check before submitting an offer, and why it is so important not to overprice your property and “chase the market down”.

Originally listed at $1,689,000 this property came blazing onto the market touting all the newly done new stuff. No bites at $1,689,000, or at least none that got it in contract. Fast forward a month and the price was dropped to $1,395,000…no bites, or at least not enough to get the seller to accept. So now, had someone come in around this time, the seller may have been forced to accept a lower price. BUT…the agent did his job and likely pushed for a major price reduction ($500,000 from original) down to $1,189,000. Multiple offers later, or just one very keen buyer, and look at that…sold for $1,690,000, or $1,000 more than the original list price.

This is a perfect example of why you should always err on the side of caution and list lower, rather than higher.

Case in point, our second Outer Richmond/Sutro Heights stunner, the Storybook Tudor on Anza (@47th Ave) just went from $995,000 to $1,400,000, with 24 offers, in the blink of an eye, and coincidentally landed at number 6 on the top 20 Overbid list.
AnzaTudor
There is more story on the Storybook, but I’m not printing it. You can contact me for details, but really I just want to highlight the importance of pricing when it’s time to sell your home. And if you don’t get pricing right the first time, don’t be afraid to adjust, and adjust quickly.

So to say the Outer Richmond single family home market is hot, that might be an understatement.

(You can track Outer Richmond Sales by sorting the “Neighborhood” column on this page.)

Happy Monday…oh…this Amazing Sutro Heights Home is still there for the taking.

GO WARRIORS!

Sutro Heights Dream “Cottage” Asks $3,495,000

Originally built in 1884 as the gardener’s cottage for Adolph Sutro, first Mayor of San Francisco, 542 46th Ave is not your average beach “cottage”…it’s amazing in every way, and you, my dear readers, are the first to see it.