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In Contract: 32 Dorland, San Francisco | MLS 501033 $1,995,000

32 Dorland

32 Dorland Street KEVIN K. HO + JONATHAN B. MCNARRY PRESENT NOW AVAILABLE: MISSION DOLORES 4-UNIT Vanguard Properties

EXCLUSIVELY LISTED BY:

Kevin K. Ho, Esq.
Jonathan B. McNarry

SF MLS No. 501033

Top Producers, Top 21 Vanguard Properties, Top 1% of San Francisco Agents

415.297.7462 | Kevin 

415.215.4393 | Jonathan 

NOW AVAILABLE

32 Dorland Street, San Francisco 

With an amazing location minutes from Dolores Park, Bi-Rite, Delfina, Tech-shuttle stops and mass transit on a true tree-lined street, 32 Dorland is a classic Mission Dolores multi-unit building with solid income, consistent tenants, and potential to expand with an in-envelope ADU. 

Set on an idyllic street that’s lined with trees and lamposts instead of power lines and just a stone’s throw away from Dolores Park, 32 Dorland Street is the rare opportunity to purchase a classic San Francisco building that earns solid income while also possessing the potential of adding even more value without the need for evictions or negotiated buyouts.
32 Dorland comprises four 1-bedroom units — each with coved ceilings, bay windows and wood floors. The well-maintained building has a authentic and bright feel and has two levels over a large garage level that contains a 400+ sqft underutilized area that’s also street accessible by breezeway. There’s also a sunny back garden area with large, fragrant jasmine plants. Available for the first time in years, the opportunity to own this piece of San Francisco is here and ready for you.

 

Listed At: $1,995,000

 

Limited Showings Only

 

Photos
The Photos

Overhead Things to Know about 32 Dorland Notes About 32 Dorland

Circa 1925, maintained 4-unit building over garage with concrete foundation

2,369 sqft (per appraiser)

4 1-bedroom units, 100 percent occupancy; all tenants current on rent

4 total parking spaces on ground floor or 1 space with an ADU with ≈ 455 sqft of living area accesible from street Location. Location. Location.

Covetted and desired location for owners and renters alike that is within a stone’s throw from the ever-popular Dolores Park, multiple tech shuttle stops, Bi-Rite Market, Bi-Rite Creamery, Delfina, Deflina Pizzeria and Tartine — all within 1 block Rental Income + Expenses

100 percent occupancy

$8,270/month rental income, $99,243/year (scheduled), $9,000/year operating expenses (scheduled, excluding property taxes)

Tenants pay PG&E, Internet

Owner responsible for refuse, water/sewage, garbage and common area power

Photos zoom_out_map
The Floor Plan

The general layout of 32 Dorland. This is only an approximation.  

The entire building

Photos location_searching
The Location

Want to Sell or Buy Something Similar? 

We know the area well and know what buyers and sellers want. Go ahead, ask us more.

Some of Raffi’s Other Property Tours

HELLO.

Hi, we’re Kevin Ho and Jonathan McNarry of Vanguard Properties in San Francisco, California. We’re partners in life and in business. Together with our big black Labrador retriever, Raffi, we are top producing Realtors in San Francisco’s competitive and valuable residential real estate market.

We truly love what we do and are passionately committed to our clients, their needs and advancing their interests. We represent both buyers and sellers with many repeat clients but we are always expanding our client base. Our belief is that by working with you you will make better informed decisions in this most important of areas of life.

We invite you to contact us to learn more and to start your success story now.

SOME STUFF TO KNOW.

To that extent possible, the information here is copyright protected. But other information such as links, articles and the like are only reproduced here for market education purposes. Remember to research all matters discussed here to your own satisfaction.

Terms & Conditions

Real estate is always changing and evolving. It's complex and can be as fickle as it is surprising. And while the information and knowledge on this site is considered to be accurate and correct, it cannot be warranted. Market conditions in San Francisco, California, and the world can change with a tweet or a sneeze and is beyond anyone's control.

In San Francisco, things like local, state and federal tax regulations can change with big implications. Other things like rent control rules, eviction control, lending practices and standards, building and zoning regulations are just a few of the other things that can change with little or no notice. All of these things and other intangible factors can and will impact market values and performance. 

Kevin is a licensed California attorney but focuses on real estate about 99.9 percent of the time. It's important to note that while you can’t take the attorney out of him he will not be acting as your attorney here. This speaks to the larger point that you should also seek out qualified folks who work in their respective sectors if you have further questions. 

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Our site uses cookies developed by third parties for a variety of purposes with the most important ones to us being focused on supporting our abilities to support our clients — current and future — as they look for San Francisco real estate services.

Also, cookies may also be used to track how you use our site, which, of course, may give rise to seeing related advertisements on other websites you visit. To comply with the California Consumer Privacy Act, we have deployed various measures you may see on this site. If you have a question or concern, feel free to contact us at [email protected]. We want you to be aware that your personal information stays private with us with SSL standards here among other protocols we employ. 

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Kevin K. Ho, DRE 01875957/SBN 233408

Jonathan B. McNarry, DRE 01747295

Vanguard Properties
2501 Mission Street, San Francisco, CA 94110
555 Castro Street, San Francisco, CA 94114

SF Gate’s Sound Off: Will the 49ers playing in the Super Bowl affect open houses this weekend? 

Sound off from the San Francisco Chronicle (Feb 2, 2020 Edition)

Will the 49ers playing in the Super Bowl affect open houses this weekend?

We get asked to share our take on real estate by our friends at the San Francisco Chronicle/SF Gate, like the one above. Here's our answer to this week's question about the Super Bowl's impact on open houses: 

This weekend you’re likely to see more red and gold and fair-weather civic pride out there than open house signs. The cutest condo ever can’t compete with a spectacle as big as the Super Bowl, especially when our hometown team is playing, which no one expected.

Because us agents work hard to keep property listings from become stale (or even being perceived as such), many will advise sellers to come to market after folks are done being distracted by the holidays, which should really also include the Super Bowl as 115 million people travel during the holidays and about 100 million watch the game.

The charming 2-bed, 2-bath, house can’t compete with J.Lo and Shakira just as the pricey open floor plan can’t compete with the far pricier spectacle where the commercials alone cost $175,000 a second. Sports fans rule the roost this weekend for sure, but don’t worry real estate fans, prime time is just about to kick off.

Published at: Sound Off: Will the 49ers playing in the Super Bowl affect open houses this weekend? - SFGate 

That got us to thinking about how we stack up to ourselves and to our rivals:
It's Pricy Here for Sure.

Now and Then, Here and There. What if you bought a house last time the 49ers were in the Super Bowl? And how does SF stack up against its opponents real estate wise?

 

If you liked this, check these out.

SF Chronicle Sound-Off Q+A: Still Busy During Covid with Kevin+Jonathan

Even during a Pandemic, people need to buy and sell houses and properties. See why it’s been such a busy market in San Francisco with Kevin Ho and Jonathan McNarry of Vanguard Properties, the largest, locally owned and operated boutique brokerage in the Bay Area.

SF Chronicle Sound-Off Q+A: Impact a Second Corona Spike on San Francisco's Housing Market Considered with Kevin+Jonathan

How has another wave of Corona-19 cases impacted San Francisco’s housing market? It’s emphasized how important it is to be working with professionals like Kevin Ho and Jonathan McNarry of San Francisco’s largest, independently owned brokerage Vanguard Properties.

Kevin Quoted in Mission Local: “Real estate market in the Mission appears to recover, for now - Mission Local”

“A lot of renters have become buyers,” observed real estate agent Kevin Ho. “All the talk of exodus — that’s the headline-grabbing news — but the real news is that a lot of buyers have a little more affordability. And a little more balance to the market allows them to own a piece of San Francisco.”

Ho said more of the buyers right now seem to be people who want to live in the home they’re purchasing, rather than using it as an investment. He said some of the recent changes to the law around tenant protections and rent forgiveness might be having an impact, and investors “don’t necessarily want to assume that risk.” In Mission Local.

Kevin on KTVU-2 Talking About Corona and SF Real Estate

San Francisco real estate and the coronavirus/COVID-19 as discussed by Kevin Ho of San Francisco’s Vanguard Properties, the leading locally owned luxury brokerage for the San Francisco Bay Area. The forecast is optimistic, the question is when.

Top Places for LGBTQ Folks to Live—and It's Not Just NYC and San Francisco | realtor.com

Talking about destination neighborhoods for LGBTQ folks, Kevin Ho of Vanguard Properties discusses how the Castro in San Francisco’s Eureka Valley, stacks up compared to other destinations and why it has a unique appeal.

SF Chronicle Sound-Off Q+A: On Setting a List Price with Kevin Ho + Jonathan McNarry

Setting a property’s list price or better yet trying to find a property’s real market value is always tricky especially in high-value and competitive markets like San Francisco. See how Kevin Ho and Jonathan McNarry, top-ranked agents at San Francisco’s luxury boutique brokerage Vanguard Properties handle the question in the San Francisco Chronicle’s Sound-Off Section

Sold: 3640 21st Street, San Francisco | $2,550,000 | MLS 479094

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Vanguard Properties

Kevin K. Ho, Esq. + Jonathan B. McNarry

proudly present

3640 21st Street

Big View, Big Potential Dolores Heights Single-Family Home

sold.

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Marketed By:

Kevin K. Ho, Esq.
Jonathan B. McNarry

MLS No.  479094

Top Producers, Top 21 Vanguard Properties, Top 1% of San Francisco Agents

3640 21st Street, San Francisco
Dolores Heights Fixer-Upper

3640 21st Street has spectacular skyline views, big potential and a coveted Dolores Heights location purchased above Dolores Park in between Church and Sanchez Streets.
On the market for the first time since the 1950s, the home sits on the view side of this iconic street — right next to the Christmas tree house and has spectacular postcard views of San Francisco‘s shimmering downtown skyline from all three levels. The house has a small entry courtyard, detached garage and sits on an extra-deep, 113-foot parcel and is most certainly a fixer-upper. Appraiser has measured the main house at 1,917 sqft and tax records show the lot has 2,848 sqft of area.

Listed at: $2,395,000

Listed at: $2,550,000

Multiple offers received — all over asking price. Buyer and Seller represented.

About the Neighborhood.

3640 21st Street is located in the Dolores Heights Special Use District.
See what that means below

Quick Facts.

  • House: 1,917 sqft (per appraiser)
  • 1,456 sqft (tax records)
  • Parcel: 2,848 sqft (tax records)
  • APN 3605-017
  • Circa 1900 (DBI)/1905 (Spring Valley Water Records)
  • ≈ 25 feet x 114 feet
  • RH-1 Zoning
  • Dolores Heights Special Use District
  • Walk Score: 86 Very Walkable
  • Transit Score: 91 World-class

Contact Us.

Have a question? Want to see if your property can do as well or better? 

Feel free to call or text us…

Kevin (415) 297-7462

Jonathan (415) 215-4393

The Photos.

The Lay of the Land (Generally).

Click for a PDF version to appear.

Where It's At.

The information contained in this material is deemed to be reliable and accurate but it is unverified. Potential buyers should take all steps necessary to satisfy themselves regarding the information contained herein or any other matter related to the property they see fit. 

A Quick Start to Working with Kevin+Jonathan in San Francisco aka Setting the Stage for Better Buying

Hello
Welcome to
SF Real Estate
Get Ready For The Best Succeeding in San Francisco real estate can seem daunting, but with the right agents at your side, you can do it. We will guide you and help you navigate the nuances that set us apart.

Slide Kevin+Jonathan Your Goals =
WHY K+J? We’ve helped first-time buyers and sellers, seasoned veterans, investors, developers — and everyone in between succeed. Regardless of your experience level, we are delighted to help you get what you want out of San Francisco real estate.
Our Goals

Hello and Welcome to Our Quick Intro to Working with Us

Whether you're a seasoned pro at buying property or a first-time home buyers, the process starts with giving us a call, email, or text. We will customize our approach to meet your needs, circumstances and goals. Get ready for better buying as informed by our successful record of representing both buyers and sellers in San Francisco

BETTER BUYING Finding, assessing and winning properties SMARTER SELLING Presenting and selling properties at their best INSIDER PERSPECTIVE The big-picture understanding fundamental to success NETWORK ACCESS A+ referrals, off-market opportunities and more Our Services More Than Buying + Selling We will give you access to better online tools that will enhance your property search along with the inherent benefits you get when working with us — a pair of experienced, respected and dynamic agents (and our dog).

Slide Seller and Buyer If there was one word to describe my experience with Kevin and Jonathan, it's "smart". They know the current environment and also helped educate and guide me to getting both buying and selling done BUYER + HOMEOWNER He helped me get an amazing condo in Hayes Valley by giving me really sound advice on how to write a winning offer. SEE MORE HERE Read more of the 60+ 5-star Yelp Reviews here. Click Here REVIEWS Our Reputation Our track record of hundreds of millions of dollars and a large network of clients (many of them repeat clients) speaks for itself, but we'll let others chime in.

Okay, Just How Ready Are You?

Are you in a hurry? Or can we take some time? Determining your time horizon from fire drill to leisurely stroll we will help you move properly

It’s important to understand where you are in the process. If you’re dipping your toe into the pond or diving right in. Letting us know where you really are in the process helps set everyone’s expectations. 

Step 1: Time to Discuss

Let's set aside some time to get to know each other and what you're looking to accomplish in San Francisco real estate

Whether by phone, text, FaceTime or in person, the first time we talk is just the beginning of our work together and one of just many conversations we will have. We hope you will find the conversation enriching and that it will kickstart the process.

Step 2: Time to Learn About All Our Neighborhoods

A lot of variety, opportunities and gems can fit into 49 square miles. Let's start learning about our neighborhoods to see which are a match

The MLS sorts the City into 10 large geographic districts and many smaller sub districts that approximate the neighborhoods you know. Each district has a different reputation and value of course. We will help you find which matches for you and where hidden gems may be that you never knew about.

Step 3: Learning How You Can Pay

Coins, Coins, Coins — or should we say, Loans, Loans, Loans? Figuring out how you plan on paying for your purchase involves referrals potentially and, in all cases, learning about your options and how best to reach an optimal balance to maximize purchasing power and prudence

There are so many considerations to consider when it comes the money involved used to purchase a property even if you are an all-cash buyer. We have suggestions and loan people who can work with a variety of scenarios that may turn a seemingly impossible situation into a doable one. 

 

Step 4: Open House Etiquette + Logistics

What to do, how to act and when to visit open houses considered

Open houses are times when the seller’s agent invites the public to come and see the property. They usually take place on Sundays from 2:00 p.m. until 4:00 p.m. with fewer taking place at the same time on Saturdays and some homes being open on Thursday nights for ‘twilight tours’ after work gets out for most people. If you can’t make it, let us know and we can set up an appointment to see it with you or talk to us about Broker Tour Tuesdays.

Step 5: Now That You Found It, What Do We Need to Know?

Once a property becomes a serious contender we will delve deeper to help you decipher property disclosures and how to put them into context

Because we see and sell so many properties in San Francisco, we have a good understanding how houses work — at least generally. And if more help or commentary or assistance is needed, we can call the right folks to help. But we are here to help you delve deeply into the pros and cons of a given property before diving in. 

What's next? It's time for us to help you prepare the winning offer of course.

All Right. I'm Excited.

Our Experience and Knowledge is Just a Click Away

Excited yet? We would hope so! Let’s channel that energy and excitement into the start of our work together. 

Sold in 5 Days: 41 – 43 Mars Street, San Francisco | MLS 468833

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Vanguard Properties

Kevin K. Ho, Esq. + Jonathan B. McNarry

proudly present

41–43 Mars Street

Charming, move-in ready, 2-unit Victorian cottage with views, upgrades and outdoor space.

SOLD.

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Marketed By:

Kevin K. Ho, Esq.
Jonathan B. McNarry

MLS No. 468833

Top Producers, Top 21 Vanguard Properties, Top 1% of San Francisco Agents

 

41–43 Mars Street: Sunny, Updated and Desirable 2-Unit

Out of this World San Francisco Views from Mars!

Perched above the vibrant and centrally located Castro corridor with east-facing skyline views, 41-43 Mars is a just-updated urban oasis on a quiet non-power-line street. Each warm and bright 2-bed, 1-bath unit has just been updated; each has its own kitchen, outdoor deck space with a patio, storage, and there’s a bonus room below with basement storage. Legally a 2-unit building, Mars will be delivered vacant with no recorded eviction history. The sellers took meticulous care of the property and added new flooring, decking, light fixtures, countertops, stainless steel appliances among more. Move-in ready, the possibilities are many — TIC-to-condo, residence and income unit, or as a home with a true in-law.

Listed at: $1,495,000

SOLD at: $1,800,000

Early Reactions.

It’s so nice and bright.

Sweet as can be.

I love the skylights. It’s sparkling.

This place is incredible.

This is so nice.

Talk about out-of-this-world views... on Mars!

It's so cute I had to snapchat it.

Features.

2x 2-bed, 1-bath units, each with kitchen, decks + bonus room on yard level
1,603 sqft (total) as per appraiser
10-ft 4-in tall ceilings, upper unit
9-ft 1-in tall ceilings, lower unit
7-ft 3-in tall bonus room height
New toilets, sinks, faucets and LED-backlit mirrors
New quartz kitchen countertops
2017 new oak floors
New carpet lower unit
New stainless appliances (gas stoves)
New lighting throughout
Deck awning 2015
Each upper unit bedroom has deck access
Stunning City views
Power-line free street

About the Building.

This victorian cottage was moved here in 1926 from Corbett Street
Mars Street has no above-ground power lines

The Photos.

The Floor Plan.

A Video Walk-Through

Contact Us.

If you have any questions, feel free to reach out to us. 

(call or text us).

Kevin (415) 297-7462

Jonathan (415) 215-4393

 

The information contained in this material is deemed to be reliable and accurate but it is unverified. Potential buyers should take all steps necessary to satisfy themselves regarding the information contained herein or any other matter related to the property they see fit. 

Sold in 3 Days: 875 Vermont, No. 103, San Francisco | MLS 466128

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Vanguard Properties

Kevin K. Ho, Esq. + Jonathan B. McNarry

proudly present

875 VERMONT, No. 103

Just-Remodeled, Modern and Warm 2-Bed, 1-Bath Potrero Hill Condominium

sold in 72 hours.

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Marketed By:

Kevin K. Ho, Esq.
Jonathan B. McNarry

MLS No.  466128

Top Producers, Top 21 Vanguard Properties, Top 1-2% of San Francisco Agents

875 Vermont, No. 103, San Francisco
Just-Minted Modern Warm Potrero Design

Perched above the curviest street in San Francisco, Number 103 is an unexpected, just-remodeled, premium, 2-bed, 1-bath condominium with 1-car garage parking. It’s modern, comfortable + bright. 103’s remodel showcases hand-picked finishes + thoughtful upgrades like full-size in-unit laundry, brand-new subway-tiled + wallpapered bathroom, brand-new kitchen with stainless steel appliances, quartz + custom cabinets. 103 is a special space with a bit of European flair.

103’s layout maximizes space by nicely delineating public + private space. Its open living/dining area has new dual-pane windows that face a tree-filled western vista while both bedrooms are quiet and look out to a private green space, each has a large closet.

Other features: a Nest thermostat, Nest Aware alarms, Cat-5 wiring, remote secure entry, wide-plank wood floors, radiant floor heating, and high-end dimmable LED recessed lighting. 103’s superior location has proximity to McKinley Square’s dog park, 101+280, Mission, Potrero + SOMA —103 also overlooks the site of the City’s annual big wheels’ race. 103 is in a 10-unit, mid-century building with low HOA dues.

HOW IT SOLD: 

With 250+ people through during the 1st open house we had 45 disclosure requests within 72 hours and 8 offers in shortly thereafter. There was a nearly identical backup offer in place too. The escrow closed in 14 days even with a financed offer that closed at nearly $1,200/sqft, a record for the building. (Feb 1, 2018)

Listed at: $699,000

SOLD AT: $850,000

Early Reactions.

It’s beautiful!

Looks great.

Love the bathroom.

I like that you’re looking at the street and not someone’s house.

How cool is this?!

This has such a unique vista for the city.

This is so cool

It’s so nice

Perfect. Functional and it looks great

Completely unexpected

It’s very worldly with a bit of European flare

Very personal

Feels very warm and modern

Features.

2 Bedrooms
1 Bathroom
1-car garage parking + storage (compact car only as opening is 78 inches wide)
Just-completed luxury upgrade renovation, all work permitted
New in-unit, full-size laundry (Samsung, electric dryer)
New wide-plank, European Oak wood floors with sound-dampening underlayment
Radiant floor heat, Nest thermostat, Nest Aware detectors
New dual-pane windows in living room + bedrooms
Massive 10-ft wide closet in 2nd bedroom, barn door
Large 8-ft wide closet in Master Bedroom
Bedrooms look out to private green space
New Cat-5 wiring
New recessed, dimmable, high-end, 2700K LED lighting throughout
New legrande adorne outlets and switches throughout
New 30-in Bosch range + oven (high intensity electric; no gas in building); Bosch dishwasher
New stainless steel Zobe brand externally vented exhaust hood (750 CFM)
New 30-in stainless steel deep sink with hannsgrohe sprayer faucet, garbage disposal
New 36-in French door refrigerator with water + ice (Frigidaire)
New custom kitchen cabinets, quartz countertops + backsplash
New LED under cabinet lighting
New stainless steel Zobe brand externally vented exhaust hood (750 CFM)
New Herman Miller Nelson dining pendant light
New Heath Ceramics bathroom floor tile, new custom floating vanity, wallpaper, hannsgrohe shower trim

About the Building.

Area: 687 sqft (per tax records) 714 sqft (per architect)
875 Vermont is a 10-unit building, circa 1965
Professional property management (BPM)
103's share of the building is approximately 9% of the HOA
Monthly HOA dues: $238.78 (includes water, heat, garbage, building insurance and management)

Contact Us.

Have a question? Want to see if your property can do as well or better? 

Feel free to call or text us…

Kevin (415) 297-7462

Jonathan (415) 215-4393

The Photos.

Where It's At.

The Floor Plan.

The information contained in this material is deemed to be reliable and accurate but it is unverified. Potential buyers should take all steps necessary to satisfy themselves regarding the information contained herein or any other matter related to the property they see fit. 

SF Flippers Make More Money Than Flippers Everywhere Else – Flipping Out – Curbed SF

San Francisco flippers made an average gross profit of $344,111 per flip in the third quarter of this year, a number that is the highest in the nation, according to new research from property website RealtyTrac. (This means that the average flip profit alone is enough to cover the cost of an entire four-bedroom in, say, the Chicago suburb of Geneva.) The only area included in the report that even came close to San Francisco’s figure was San Mateo County, which returned an average gross profit of $316,765 (or the entire cost of a home in Jersey City). The figures don’t factor in any improvements made to the flipped home, so net profits may be quite a bit lower. Profits in San Francisco are up by more than $50,000 over the same time last year, when the city’s gross profits came in at $292,881 and were beat out by neighboring Marin for the top spot on the list.

via SF Flippers Make More Money Than Flippers Everywhere Else – Flipping Out – Curbed SF.

Mid-Market Goodwill HQ Sold to Major Housing Developer – Development Watch – Curbed SF

Goodwill Industries put its 2.3 acre headquarters at South Van Ness and Mission up for sale earlier year in hopes of receiving $60 million for the property and cashing in on the current revival of its Mid-Market and SoMa surroundings. Now, the property is reportedly under contract to mega-developer Related California along with the City of San Francisco. It isn’t clear yet what role the City is playing in the purchase. The Goodwill site has the capacity to hold up to 600 units – it has room for a 500,000 square foot, two-building complex and has been zoned for up to 320 feet in height along South Van Ness, 250 feet on the corner of South Van Ness and Mission and 85 feet along most of Mission. The announcement comes on the heels of the news that the nearby Honda dealership has been sold to another housing developer.

via Mid-Market Goodwill HQ Sold to Major Housing Developer – Development Watch – Curbed SF.

Most of San Francisco’s office construction pipeline already taken – San Francisco Business Times

Developers plan to add 5.5 million square feet of new Class A office to San Francisco’s hot market in the next four years, but with much of that space pre-leased, rental prices could continue increasing significantly in the next few years,

via Most of San Francisco’s office construction pipeline already taken – San Francisco Business Times.

If It’s Tuesday, It’s Broker Tour Day in San Francisco — See What Us Brokers are Seeing

Recall Tuesday is when us brokers go around the city in a whirlwind tour of each other’s open houses — the speed dating of open houses. Here is the list of what we’re able to see tomorrow.

Remember, you’re welcome to visit the open houses too without me being there (although if someone gives you a hard time, tell them you’re working with Kevin Ho and I’m running late — which is not too much of a stretch!) The opens are grouped by geography with new listings on the hour and repeat listings on the half hour.

Also, D/S/C means District, Subdistrict and Classification (1 = single family homes, 2C = condos, 2T = TICs, 3+ = multiunit). Here are my observations:

  • This week there are a couple of income buildings on the north side of town as well as one over in Noe Valley and another at 18th and Mission and a pair in Potrero all in the mid $1M range.
  • There are a couple of single family fixers — one on Bush Street and the other on Oak that don’t necessarily have fixer prices.
  • For fixers with fixer prices see the one in Bernal Heights and the other in Dogpatch (offers due on Wed). There’s a rather unique larger single-family home smack dab in the middle of UCSF’s Parnassus Campus for $1.5M.
  • There are some big houses in Noe Valley, Glen Park, and Corona Heights with that ultra modern chic one on the 1600 block of Church Street still being on the market for a mere $3.5M.
  • If you want to see those units at 3500 Valencia that have been selling for $1000+/sqft (without parking in some cases) tomorrow is your chance as they’re about 60% sold out.
  • There are a few potentially cute single family homes in the Sunset near West Portal and a pair in the Miraloma area and one over in Sunnyside that looks interesting as well.
  • There is a house on Chenery that has a below $1M price tag and another single family home in St Francis Wood for $1.575M (but it’s from the agent who regularly underprices everything by 15% quite irritatingly. Oh, and there’s a huge house on in SFW for $6.8M+ too
  • There are also a pair of income units for $349,000 and 375,000 respectively in Diamond Heights Village that could get about $2000-$2500 a month in rent studio with parking for these condos on the market that could be a nice little income stream.

[gview file=”https://www.kevinho.org/wp-content/uploads/2013/12/Tuesday-Tour-December-3rd.pdf”]

No more blanks on the Blanc SF

Blanc is a the new condominium building located at 1080 Sutter Street at Larkin St. It is a boutique building of 35 two and three bedroom residences by award winning San Francisco Architect, Stanley Saitowitz. Click here floorplans on the website

They are beginning to schedule tours this weekend, and are now scheduling appointments to tour their 2 bedroom and 3 bedroom model homes on the second floor. There are 8 homes available in our first release and range in price from $680,000 for the 2 bedroom, 1 bath residences (approximately 753 sq.ft.). The 2 bedroom, 2 bath residences (approximately 1282 sq.ft.) start from $860,000 and the 3 bedroom, 2 bath residences (approximately 1222 sq.ft.) start from $850,000.

The property is still under construction and will be ready for occupancy early November 2013. The tours are done by appointment until the building is further along. They are available from 11am to 5pm daily here on site by appointment.

20130809-162718.jpg

The Official Line on the LineaSF

LineaSF Update

Just as yours truly got a sneak peek at The Century SF this week, another new, triangular-shaped condo building, is also taking shape. Here’s the latest from Linnea SF:

Delivery of Linea homes is tentatively scheduled for late Jan/Early Feb 2014 according to our contact there.

How To Get In First

The best positioning for would-be buyers is to reach out to someone like yours truly and we can then approach and secure a pre-qualification where the lender could do a rate lock. The sales office is reportedly doing a soft open this weekend and should be open to the public shortly thereafter.

Preferred Lender List

In case you don’t remember in condos and especially new condos, at least for the first half of sales — maybe even more than 1/2 the units — folks financing a purchase will have to use one of the lenders listed. From the list below, you get the usual suspects.

Why these folks only?
You might be asking yourself how come. Here’s how I understand it: other lenders will not fund on a building where one party — here, the developer — owns the majority of the units. It all has to do with debt obligations and priority of creditors should things go really South. Those other creditors may get first dibs and whatever assets can be liquidated leaving the other smaller ones with nothing.

Jackie Yi, Mortgage Consultant, Builder Division
Wells Fargo Home Mortgage
201 Mission St, Suite 2200
San Francisco, CA 94105
Tel: 415-247-1293
Cell: 510-847-4795
Fax: 866-944-7350
Email: [email protected]
Website: www.wfhm.com/jackie-yi
NMLS# 461964

Carrie Mickelson, Mortgage Advisor
Opes Advisors, Inc.
435 Pacific Avenue, Suite 350
San Francisco, CA 94133
Cell: 415-321-0722
Office: 415-321-6263
Fax: 866-593-7832
Email: [email protected]
NMLS # 360829

Michael Treon, Home Lending Specialist
Citibank
One Sansome Street, 23rd Floor
San Francisco CA 94104
Phone: 415-505-7558
E-FAX 877-340-5777
Email: [email protected]
NMLS # 339550
Deborah Byrne, VP, Retail Sales Manager

Bank of America
1455 Market Street, 14th Floor
San Francisco, CA 94103
Mobile: 415-786-3705
E- Fax: 866-517-5149
Email: [email protected]
Website: https://mortgage.bankofamerica.com/deborahbyrne
NMLS#692071

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