Fixers selling over the asking price
San Francisco real estate is a hot commodity that even fixers are selling over the asking price. Just recently a home located in Buena Vista/Ashbury Heights, a neighborhood known for breathtaking views of downtown San Francisco sold for $1 million over the asking price. The 2,840 square ft. house has not been on the market for 47 years and remains in it’s original condition. It sits on a 5,500 sq./ft lot giving you tons of privacy and amazing downtown views of San Francisco and the Bay. The home was listed for $2,295,000, it received 14 offers (11 of them end users), 8 cash offers and it is going to sell for almost $4 million!!! When it closes it will set a new record of how much dirt will cost in San Francisco. Here are some pictures of the inside to give you an idea of the condition of the house. The house is in livable condition but it is considered a fixer because it is so outdated and it is an ideal candidate for developers to flip.
Looking for a fixer? 3750 21st Street is located in the trendy Dolores Heights neighborhood. Currently it is a 3 Bedroom, 1 Bath, 2 car parking 1,272 sq./ft home on a 2,848 sq./ft lot. It is the ideal opportunity to customize and build on a prestigious block in Dolores Heights at the crest of 21st Street, between Sanchez and Noe.The home is set at the back of the lot with dramatic views of the downtown and the Bay. The south-facing front yard is sunny and warm offering many possibilities to create privacy and build your dream garden. The back of the property is detached, allowing for natural light and westerly outlooks. It provides upside to customize and build the home of your dreams, with the best location, weather, and views in San Francisco. Architectural renderings of the new potential home are available but have not been approved my the San Francisco Planning department. Stay tuned to see how much this will be selling over the asking price.