SF and Daly City: Prices… Going Down!
Every buyer loves a bargain. These price reductions mean…well, not bargains, really (this is the Bay Area, after all), but better deals than the original listings offered. And you can always hope that one reduction means sellers are more amenable to an offer that’s more amenable to your bank account.
SF:
2 unit building at 1275 14th Ave. Great Inner-Sunset location, both units vacant, total of 4 beds and 3 baths. Reduced to $1,389,000. Note Redfin’s sales history records the last sale of this building in March of 2007 for $1,170,000. Wonder what the owners did in one year that makes the place worth $200K more?
1/1 TIC at 2671 Bryant St. reduced to $410,000. Been on the market almost a year, so you can likely make a lower offer.
Unique 2 home property at York and Peralta. Address is, by some secret agent logic, a mystery. Still, you can see the 3/2 front home ($699,000) and the 2/2 back home ($640,000) pictured here.
2/2 Live/work loft at 175 Bluxome, #215. This is an off market listing (not on MLS), reduced to $729,000. It’s a dishy Mission Bay pad, certainly. But in thinking about the price, take into account that #114, a 2/1.5 loft in the same building, is priced at $669,000.
Daly City
3/1 single-family home at 345 Bellevue. Short sale fixer-upper, reduced $68k(!!) to $490,000.
3/2.5 single-family at 72 Surrey Ct. On a cul-de-sac in a Serramonte neighborhood with 2 car garage and nice garden, reduced to $750,000.
3/2.5 single-family at 425 Highgate Dr. This a large home, so with the reduction to $549,000, the asking price is $312 per sq. foot. Property is bank owned(REO), on the market over 100 days.
