December 1, 2008

NSFB (Not Safe For Breakfast): A little deferred maintenance in San Francisco

469 Valley St San Francisco, CA 94131
Price: $738,000

Beds:     4
Baths:     2
Sq. Ft.:     935
$/Sq. Ft.:     $789
Lot Size:     –
Property Type:    Detached, Full, Single-Family Home
Style:    Cottage
Year Built:    1910
View:    Panoramic, City Lights, Bay
Region:    San Francisco District 5 (Central)
Area:    Noe Valley
County:     San Francisco
MLS#:     348338
Source:     San Francisco MLS
Status:     Active
On Redfin:     5 days
Contractors Special; Zoned RH-2; Great Views of Noe Valley, Diamond Heights, the Bay, etc. Probate Sale. Property Sold in it’s present AS-IS Condition. Seller has full authority (Court Confirmation may not be required). Home in poor condition. Lots of deferred maintenance. Looking at offers any time

So much senseless, ridiculous claims about how the Bay Area is declining in the silly press these days. Thanks to Burbed reader Carsten, we can remain confident that San Francisco is in the Real Bay Area. $789 sqft for a fixer upper feels normal… almost relieving.

A little deferred maintenance? Like what?

I did warn you that this was NSFB didn’t I?

Happy Monday!

Comments (26) -- Posted by: burbed @ 5:03 am

26 Responses to “NSFB (Not Safe For Breakfast): A little deferred maintenance in San Francisco”

  1. waiting_for_the_fall Says:

    How can you fit 4 bedrooms and 2 baths in less than 1000 sq ft? Are the bedrooms the same size as the bathroom?

  2. bob Says:

    I wonder if the neighbors on either side have anything to do with the crazy asking price. The homes on both sides look like pretty pricey, renovated homes. No doubt people with some coinage live in them. To “allow” a decrepit, falling-apart home like this to sell for a lot less than I’m sure what they paid for theirs would surely be an outrage. So perhaps the seller is only being sensitive.

    As for the house, anyone notice that there’s a worn path to the bathroom? That and there’s basically no floor covering?

  3. Prof. Bleen Says:

    That bathroom is disgusting. Those swan silhouettes desperately need removing.

    Including the cleaning supplies in the shot of the bathroom shows that someone has a sense of humor. It’s like taking a picture of a five-dollar bill next to the US National Debt Clock.

  4. nomadic Says:

    yeah, Prof. The swans are the reason the bathroom is gross! 😉

  5. Herve Says:

    > Including the cleaning supplies in the shot of the bathroom shows that someone has a sense of humor.

    Yeah, I loved that too. I think an orchid on the toilet would have been even better.

  6. Tallysmom Says:

    But it’s historical…it was built in 1910. That means we can’t remove those swans!


  7. bob Says:

    You know what also probably can’t be removed? The siding. Looks to me like 1930’s Asbestos siding.

  8. Hmmmmm Says:

    Kudos to the agent for putting that photo in the listing. The scary part is, what photos didn’t make it in?

  9. sonarrat Says:

    It’s expensive because it’s in Noe Valley.. at the corner of Noe Street and Valley Street no less.

  10. madhaus Says:

    I have notified the Society for Historic Preservation of Bathroom Swans of this tragic event, namely the selling of this house as a contractors’ special. As a board member of SHPBS it is my duty to ensure bathroom swans to not dwindle to extinction.

    Not only will the swans stay, but a restraining order will be filed by 5 pm to ensure it.

  11. Ann Says:

    Reminds me of some photos I saw online of an apartment that was occupied by a hoarder. Lots of garbage and filth, yet almost every shot contained at least one cleaning product.

    It’s pretty sad. I wonder if something similar was going on here.

  12. Prof. Bleen Says:

    Ann: The funny thing here is that, at least at the resolution of the photo, it appears that the cleaning products have gone so far as to join the other side. They look at least as grimy as everything else in the bathroom (except the swans, of course, whose purity cannot be tarnished by mere squalor, as the picture illustrates).

  13. RealEstater Says:

    We heard on Monday that the National Bureau of Economic Research officially declares there has been a recession since December 2007. I wonder what exactly is their criteria. Is it due to some subjective measures, or is it based on a shrinking GDP? If it’s the latter, then the nation has not slipped into recession for that long of a period, and the recession should be characterized as mild so far.

  14. anon Says:

    Don’t worry about the economy.

    Go to bed.

  15. madhaus Says:

    I’m awake because I’m worrying about the economy. You think credit is tight now?

    You ain’t seen nothin’ yet. And that’s exactly what you’ll see when you open your credit card bill and look at your credit line — a lot fewer zeros. Banks are tightening credit lines even on their best customers.

  16. RealEstater Says:

    Has anyone checked out the Oak Park condos in Cupertino? It’s located on the off ramp of 280 to De Anza Blvd, which is great if you work at Apple Computer. The listing price is $675K for a 2 bedroom (1178 sq ft). Better grab it before Condotino outlaws condos.

  17. Prof. Bleen Says:

    Re #16: Real Estater, aren’t you required by law to include an MLS number when you post a listing like that?

  18. Real Estater Says:

    Prob Bleen,

    Sure, MLS #80829615.

  19. nomadic Says:

    Prof – is that required by the Realtor code of “ethics?” LOL


    The downturn began, the bureau said, at the end of last year as businesses started slashing jobs — which they have done every month this year.
    “This downturn promises to be the worst since the Great Depression in the 1930s,” said Joshua Shapiro, chief U.S. economist at forecasting firm MFR Inc. “We’ve only just started. I can’t see bottoming out until sometime in 2010.”
    Although a recession is commonly defined as two consecutive quarters of declines in the gross domestic product — a measure of all goods and services produced — the current downturn doesn’t meet that yardstick.

    The GDP shrank in this year’s third quarter at a 0.5% annual rate but showed growth of 2.8% in the second quarter and 0.9% in the first quarter.

    The bureau, however, uses a larger variety of indicators, including monthly measures of employment, industrial production and personal income.

    Economists say that’s because GDP figures can mask economic woes. For instance, if firms are producing goods, GDP will go up even if no one is buying them and they are simply going into inventories.

    Sung Won Sohn, a professor at Cal State Channel Islands, said the economy would probably have shown two straight quarters of shrinking GDP this year if the government hadn’t handed out tax rebates as part of an economic stimulus program.

  20. colton Says:

    I love the toilet – it looks like someone used colon blow their whole life and never cleaned up after themselves

  21. bob Says:

    That report about us being in a recession killed me. Duh, doya’ think so? Then all the traders on Wall Street act like its such shocking news and have a massive sell off. Why we have to be told “news” anyone with a pea sized brain has known for over a year is a mystery to me.

  22. RealEstater Says:

    OK, so we have a recession without GDP data to back it up. From now on, recession is just a subject call. It’s meaningless.

  23. bob Says:

    Oh, so I assume that you think that we’re not in a recession and the “Liberal MSM” is full of crap? Yes… everything is peachy-keen.

  24. nomadic Says:

    …recession is just a subject call. It’s meaningless.

    Nice troll. No comment.

  25. madhaus Says:

    >>…recession is just a subject call. It’s meaningless. <<

    Nice troll. No comment.

    Oh, it’s a fairly good example of the art, nomadic. But as a former economist, I have to reply to the comment itself. GDP statistics have their place, and that place is:

    Useless Aggregated Data!

  26. nomadic Says:

    madhaus, I guess it’s a good thing our country has given up on manufacturing: 8-|

    A measure of U.S. manufacturing activity fell to a 26-year low in November as new orders dropped for the 12th consecutive month, a trade group said Monday.

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