I was interested to see a unit in the newly converted building at 310 Townsend (x-street 4th) come on the market last week. For years I worked at 330 Townsend, commuting up by train when there was very little that appealed to people along this street. Lovely old brick buildings sat vacant, or were inhabited by busy worker bees. But I saw a neighborhood being built during my tenure at 330. What used to be empty lots north and east of the train station are now residential and mixed-use towers. The ballpark was built and opened during my time there, and I was fortunate to see many a game, either peering through the fence on my lunch hour or enjoying an afternoon in the sun when possible. While many restaurants shuttered in my first year there, a renaissance of sorts sprung up, yielding some great new spots to add to those that had sustained the dot.com bust. Many of those brick buildings were converted to lofts and some were torn down, making way for new modern-looking buildings. A grocery store, book store, banks, dry cleaners, and even a Walgreen’s was added to the neighborhood. Combined with the wealth of transportation (Caltrain, buses, light rail), SOMA became a decent place to live. And the newest member of the pack is the conversion that has taken place at 310 Townsend. The structure is comprised of 45 units, and like its brethren at 330, they have left much of the brick and timber exposed, so you get a feel for the origins of the building (330 was once a meat packing plant). Each unit has one or two bedrooms, high-end kitchens and baths, and lots of light, and some parking is available under the building. Of course, there are disadvantages, such as hearing trains from morning until night, being close to the freeway entrance with its attendant traffic, and having a fire station in the back alley. But it may be a great way to enjoy urban living, or at least 30 people think so, as 65% of the units are sold. But one that is available is Unit #104, a 2/2 with 1,210 sf, listed for $710,000 (includes 1 parking space!). You can check it out at an open house this weekend (Sat/Sun 1-4pm).
Also available in this building:
Unit 101 2/2, 1296 sf $895,000
Unit 310 2/2, 1162 sf $820,000
Unit 311 1/1, 853 sf, $750,000
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