“hello, I recently bought a house in the outer sunset district (48th and Ortega ) of San Francisco. I am trying to figure out exactly what are the building/remodeling restrictions for my zone. Specifically I am interested in finding out about height restrictions, such as building a third story for an ocean view or adding … Continue reading Ask an Expert, Height limits Outer Sunset/Parkside (Sven Lavine)
Ask an Expert, Height limits in Outer Sunset/Parkside (Alexander Clark)
“hello, I recently bought a house in the outer sunset district (48th and Ortega ) of San Francisco. I am trying to figure out exactly what are the building/remodeling restrictions for my zone. Specifically I am interested in finding out about height restrictions, such as building a third story for an ocean view or adding … Continue reading Ask an Expert, Height limits in Outer Sunset/Parkside (Alexander Clark)
Fly on the wall
If I could have been a fly on the wall in this room… Any guesses where it is? Think “Whiplash” and Stalefish ™. The room itself is nothing spectacular, it’s what must have gone down in it that is more intriguing. It could be yours for a cool $12.5 Million.
Public School Assignments are in
So you move to San Francisco, you get out-bid on your first home, then again on your second, and finally you get the home of your dreams, a TIC that just won the condo conversion lottery. You’re excited about the neighborhood, you’ve seen the school down the street, and Wham! Reality hits. Your child might … Continue reading Public School Assignments are in
What’s going down (or up) in Mission Bay
Information provided by: Amanda Jones of Vanguard Properties, and a member of sfnewsletter ™. San Francisco’s new Mission Bay development covers 303 acres of land between the San Francisco Bay and Interstate-280. • 6,000 housing units, • 6 million sq. ft. of office/life science/technology commercial space, • A new UCSF research campus • 500,000 sq. … Continue reading What’s going down (or up) in Mission Bay
Scary Math…Indeed
Recently ran across this article on CNN Money.com, and couldn’t help but notice that it is yet another doom and gloom report on the subprime lending market. There are a couple quotes that do pertain to San Francisco: -“At a minimum, it means financing is drying up for those with less-than-perfect credit and that spells … Continue reading Scary Math…Indeed
Done Deal In Noe Valley
4430 25th Street, a 3 bed, 2 bath, view, single family residence in Noe Valley. Asking, $1,279,000, spent 14 days on the market, received 11 offers and just closed for $1,406,000. That puts the price per square foot at $925, and the amount over asking at $127,000. According to MLS, it last sold in 1999 … Continue reading Done Deal In Noe Valley
Need a magnifying glass?
This is why we always recommend you pay close attention to the details of “bay area housing” reports. We see San Francisco exactly as it is…low inventory, prices up. How is that a bad thing? Remember too, the media and other reporters (bloggers) are not representing clients who are getting out-bid, or can’t find a home, on a … Continue reading Need a magnifying glass?
A reader vs. Lembi (David v. Goliath?)
One of our readers, who happens to be a very excellent, savvy, and successful real estate investor, sends us this little message: “I have been out-bid by a substantial margin twice in the last 3 weeks by Lembi. It seems that he will buy anything far above the highest bid and he is not a TIC … Continue reading A reader vs. Lembi (David v. Goliath?)
Ask an Expert, to rent or not (this is a doozy)
“I recently purchased a building consisting of two flats. I did a quick refurbishment of the interior and currently need to find tenants. HOWEVER, I may end up doing something vastly different with the property in the near future. As such, I can’t offically rent out the units under a contract because I may need … Continue reading Ask an Expert, to rent or not (this is a doozy)
Stats & Numbers
“The index measures housing contract activity. It is based on signed real estate contracts for existing single-family homes, condos and co-ops. A signed contract is not counted as a sale until the transaction closes. Modeling for the PHSI looks at the monthly relationship between existing-home sale contracts and transaction closings over the last four years.” … Continue reading Stats & Numbers
Death, Doom, and Destruction
It’s time. Yes. It’s time we do it. Here you have it. Our top list of Death, Doom and Destruction articles we have found on the web as of late. (Granted, a few glasses of wine have slipped passed security, so you’re catching us at a weak moment.) –Late Mortgage Payments Increase Nationwide [Mortgage Bankers Association] … Continue reading Death, Doom, and Destruction
In San Francisco, this would be a ______
It looks like it has a garage. Is that included in the sale or is parking leased around the corner, along with ropes, carabiners, crampons, and helmet? Oh…they’re not selling, but who’s bringing groceries? Daly or McGoldrick? Refusing to Move[Ananova] Hold Out House[UgoTrade] [pic taken from UgoTrade]
Done Deal In Pacific Heights
Previously we wondered if House Music can help sell a house. In the case of 2855 Pacific, a 7 bedroom, 6.5 bath Mansion on a very coveted block of Pacific Heights, it appears so. Twelve days on the market, asking price $7.7MM, selling price, not disclosed. But you can bet it was pretty damn close. … Continue reading Done Deal In Pacific Heights
You on the list?
Who’s going to take the cake for buying up all the multi-unit in the city? Of course they don’t give an award for that, but they should. Know the answer? Here’s a hint, it kind of rhymes with Bambi, and a previous post, Word on the multi-family street, could provide a clue. When: Thursday, March 22, … Continue reading You on the list?
Now we’re talking!….Bernal again.
Yes please. We’ll take two. 3335 Folsom, 3 bed, 2 bath, $1,395,000 in Bernal Heights. [pics and info taken from http://www.talklein.com, a member of sfnewsletter] I, as the editor chose this property as a post because it is just plain sweet. This in NOT a paid advertisement for the listing, nor did Tal ask us to post this. In … Continue reading Now we’re talking!….Bernal again.