Supremely Located West Portal Home Sells For $2,500,000

Pleased to report the recent sale of this fantastic West Portal Home:

Beautifully renovated Mediterranean-inspired home has a style and feel that is absolutely unique and special. The spacious lot (124′ frontage) creates a great floor plan with lots of natural light and privacy. Perfect home for entertaining with open chef’s kitchen, dramatic living and dining rooms. Split level floor plan offers three bedrooms, two baths. Top floor closes off as private suite. Fourth bedroom and third bath, family room, wet bar on lower level (direct access from street – no stairs). Decks in backyard are surrounded by open green space/gardens, two car side-by-side parking. Fantastic location close to shops, Metro, parks, and freeway access.

Congratulations to my buyers, and thanks again to all involved for a smooth transaction.

-40 Dorchester Way, West Portal San Francisco, $2,500,000

Bernal Heights Home On Large Lot Gets 12 Offers, Sells In 5 Days

We had to put the battle armor on to get this one (232 Precita in Bernal Heights)…with 12 offers, and negotiations happening at light speed. We offered much lower than the final sales price (given the uncertainty in the market), but had to change our thinking, and change it fast. (This is exactly what I was talking about in my previous post about some properties not getting offers, while others get many multiples.) It was ultimately too nice of a location and lot for my client to pass up. Congratulations to you, sir…well done. It is a great house with major potential.


From the marketing remarks:

Charming 1930’s era Spanish Mediterranean style home with unprecedented 120′ deep x 56′ wide L-shaped lot, offering the most amazing back yard potential you’ll ever find in Bernal Heights! And just a block from beautiful dynamic Precita Park. Versatile, highly desirable floor plan. Living Room with wood burning fireplace, Formal dining room, Kitchen with breakfast nook -all could be opened up for incredible open Living/Dining/Kitchen experience! Two large bedrooms & delightful period bath w exquisite tilework, separate shower & tub. Parquet wood floors. Interior stairs to large home office & guest suite, w obvious further expansion potential. Live the dream & ultimate CA indoor/outdoor lifestyle with fruit orchard, potting shed & Downtown View backdrop! Premium N.Slope location, where Mission meets Bernal.

Property was listed by Vanguard Properties. I represented the buyer. If you want the play by play on how this deal went down, give me a shout.

$1,150,000 Ocean Views On San Francisco’s Ocean Beach

I have officially wrapped up another Ocean View (Ocean Beach) listing, in which we knocked it out of the park for sure. Congratulations to my friend/client on the successful sale of this wonderful top floor condo where the city ends and the great Pacific Ocean begins. Multiple offers were received, but there can always only be one winner.

Got a place in the ‘hood with similar views? Call me, I have a buyer for you. :-)

From the marketing…

Situated at the edge of the city (and continent for that matter), this top floor two bedroom, one bathroom condominium is supremely located for the outdoor enthusiast, lover of incredible views and ocean life, or person looking for sanctuary in our bustling city (yet easy access to Downtown, Southern, and Northern commutes).

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! | 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!

SOLD | 1673 8th Ave | Inner Sunset / Windsor Terrace | $2,465,000

Congratulations to my wonderful client on the successful acquisition of this amazing historical San Francisco home in the coveted Windsor Terrace area of town.

This home has it all: 4 bedrooms; 3.5 bathrooms; large garage for 2 cars; 2779 square feet; charm and period details galore.

It was yet another hard fought multiple offer situation, but in the end, it was the letter to the seller that got the job done.

I am super happy for you, and greatly appreciate your business and trust!

1673 8th Ave, $2,465,000 [theGoods Property Detail Page]
Buyers look to their Childrens’ Art & Writing Sills to get offers accepted [theFrontSteps]

SOLD | 456 Belvedere | Cole Valley | $4,500,000

Congratulations to my buyers that just scored this AAA located Cole Valley home at 456 Belvedere. We were the first people to see it, and we wrote an offer that day. They went big and fast to win, and I told ’em they can’t ever move. It’s that kind of house. It’s that kind of market, and it’s those kinds of tactics that get you property in San Francisco. This market waits for nobody.

SOLD | 212 Steiner | Hayes Valley / Lower Haight | $1,250,000

Since it was an off market deal, we don’t have much info to share, especially pictures.

Congratulations to my buyer that just scored 212 Steiner, a two bed, one bath, Victorian in a ridiculously hip and happening neighborhood, perhaps soon to have it’s very own Blue Bottle (assuming the NIMBYs don’t have their way)…not that we measure hipness in terms of cafes around here, but it is a sweet area.

Anyhow, it’s done and dusted for $1,250,000, and we have another happy buyer and seller for the books.

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:

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.