Tenancy-In-Common (TIC) Property in San Francisco

Tenancy-In-Common (TIC) Property in San Francisco

After seeing a lull 2009 through 2011, the Tenancy-in-Common market is starting to gear back up, slowly.  And while we're definitely still babying that clutch in first, there are some great TICs selling and currently on the market.  Fractional TIC financing is still readily available and rates have come back down to our atmosphere.  Here are a few great TICs to get your motor running: 589 Francisco $599,000 Completely remodeled two-bedroom, two-bath in coveted North Beach. Chef's kitchen … [Read more...]

Transbay Housing Update – San Francisco, CA

"The San Francisco Redevelopment Agency has awarded Golub and Co. and Mercy Housing the rights to develop 557 units of housing on Folsom Street.  This is a deal that will generate upwards of $30 million that will be used for the Transbay Terminal. Transbay Terminal Under WayThe proposal includes 407 units of market rate housing and 150 affordable units.  The site lays on Blocks 6 and 7 in the Transbay District on Folsom Street between Beale and Fremont; it is currently owned by the state. … [Read more...]

Car-Free? No Problem in San Francisco, CA!

"A recent study conducted by 24/7 Wall Street identified the 10 best cities to live without a car. San francisco made the cut! There were many elements that factored into this decision, including: • Widely available and efficient public transportation system (Are they talking about MUNI?!) • Availability of daily amenities such as groceries, shopping, schools and entertainment easily accessible on foot or by bike (We sure do have a lot of Whole Foods!) • Walkability • Mild weather The … [Read more...]

Fall Picks for Noe Valley in San Francisco, CA

"Situated very centrally in the City, this neighborhood is home to one of the most vibrant streets in San Francisco - 24th Street. Highlighted by world class dining, cafes, bars and shops, 24th Street has something for everyone. In recent years, Noe has become home to many San Francisco families. As anyone who's walked 24th Street recently can testify, you can't go a half dozen steps without bumping into a pooch on parade or a baby stroller. Considered the "South of Market Pacific Heights," the … [Read more...]

Yours for the Low Price of $28.5 Million in San Francisco, CA!

"If it wasn't in your price range before, the recent $3.5 million price cut probably won't be enough to do the trick. It's still an impressive number for a price reduction though. 2701 Broadway was on the market for a year at a list price of $32 million. The seven-bedroom, seven-bath "home" (such a quaint term for an approximately 16,400 square foot property) was completely rebuilt/restored in 2002. It has three rooftop terraces, six fireplaces, two family rooms, two offices, and two … [Read more...]

Property Tax Update – San Francisco, CA

"San Francisco property owners will have to dig a little deeper into their pockets come December and April when Property Taxes are due. The city is raising property tax in accordance with Proposition 13 which allows for a cost of living adjustment of property values.  This year the state has approved a .753% increase.  (The only other time property taxes change in San Francisco is upon the sale of a property when the value is re-assessed). The property taxes in San Francisco will increase to … [Read more...]

Half-Off $70 Million Penthouse in San Francisco, CA!

"Currently, the most expensive bank-owned residence in the country is in San Francisco. The Museum Tower Penthouse, a.k.a. the St. Regis Penthouse, was once listed for $70 million. It's a 6 bedroom, 6 full bath, 4 half-bath penthouse unit that is well over 20,000 square feet. It's actually the combination of 3 penthouse units, which span 2 floors. This is a unit that was created by a real estate mogul by the name of Victor MacFarlane, and it has never even been lived in..." ...Read this … [Read more...]

From Parking Spots to Public Parks – More Parklets Filling the Streets of San Francisco, CA

"Since last March, parking spaces all over the city have been transformed into uniquely designed public parks and pedestrian spaces. The so-called Parklets are a joint venture between the Mayor's Office, the Department of Public Works, the Planning Department, and the Municipal Transportation Agency. With this week's ribbon cutting on the Powell Street pedestrian promenade, there are now at least 14 parklets around San Francisco according to Streetsblog SF. Next time you're strolling through … [Read more...]

Grocery Shop ‘Til You Drop! New Franchises Coming to San Francisco, CA

"San Franciscans go gaga for farmers markets, and who doesn't love their corner bodega? But it when it comes time for those major shopping trips (hello, 4th of July BBQ!), most city dwellers agree that we need more supermarkets. Fortunately, a few franchises are coming to our rescue: Trader Joe's - Everyone's favorite bastion of fresh produce, pre-made dips and Two Buck Chuck is set to open yet another San Francisco location. TJ's - NOB HILL Edition is set to open in 2012 and at approximately … [Read more...]

Hello, Fleece Jackets! Union Square, San Francisco, CA is the 2nd Busiest Pedestrian Thoroughfare in the Country!

"As the summer arrives (along with the fog) we can expect our fine city streets to be filled with travelers and tourists coming from near and far to take in the beauty that is San Francisco.  According to the San Francisco Planning Department, Powell Street in the heart of Union Square is the 2nd busiest pedestrian thoroughfare in the country, behind only New York's Times Square... New steel extensions will expand the sidewalk by more than 6 feet between Geary and Ellis Street.  The city … [Read more...]