Black Friday: Cheapest home in San Francisco is … on Market St!
$125,000
Beds: 2 Baths: 2 Sq. Ft.: - Lot Size: - Property Type: Luxury, Condominium Style: Modern/ High Tech View: Downtown Year Built: 2007 Community: Financial District County: San Francisco MLS#: 377229 Source: San Francisco MLS Status: Active On Redfin: 31 days Firesale! Listed over 40% off retail price! Hurry this is a deal. Enjoy Ritz-Carlton luxury club (RCC)! FRACTIONAL ownership (NOT FULL TIME) in RCC is ideal for those outside S. F. who come here often and stay overnight. 1/12 deeded ownership includes: minimum use of 21 days/year, unlimited space available per diem days, reciprocal use at other RCC resorts + RC hotel discounts/upgrades! HOA dues INCLUDE property tax.
It’s Black Friday week! The search is on for DEALS DEALS DEALS!
Whiny people are always complaining that there’s no affordable housing in San Francisco. BOOM. This amazing deal proves them wrong.
2 bedrooms and 2 bathrooms for a mere $125,000. I mean, seriously… that’s like Texas pricing.
Now, sure, you can only live here 21 days a year… but really, aren’t you at work most of the time anyway? Just buy two of these, and you can have a weekend home! Just sleep in your cube the other 313 days! What, are you planning to slack off?
Yes, my friends, this is an amazing deal in an amazing city! What’s stopping you from snatching this up?
November 30th, 2010 at 7:41 am
wow, what an amazing deal!
If you had only posted this a little sooner before I had blown all my cash on Black Friday deals, drugs, booze and hookers, I could have bought this as my bachelor pad!!
November 30th, 2010 at 8:34 am
“Just sleep in your cube the other 334 days!”
Too funny!
November 30th, 2010 at 9:07 am
“Just sleep in your cube the other 334 days!”
I know a guy who did that in 2001. Why pay rent when you work 12+ hours/day anyway? Why do you suppose so many office buildings have showers around here?
HOA dues INCLUDE property tax.
Just how much are those dues, anyway? Sounds like this is a huge cash drain like yesterday’s POS-on-the-beach. At least it’s better geared to people with money to burn.
November 30th, 2010 at 10:40 am
Ideal for homeless people who love the lifestyle, but still want to have a place to stay once or twice a month for the monthly shower!
November 30th, 2010 at 7:21 pm
Cheap property in Saratoga:
http://www.movoto.com/real-estate/homes-for-sale/CA/Saratoga/15725-Canon-Dr-100_80812537.htm
$599K for 1.55 acre.Surrounded by multi-million dollar estates.
November 30th, 2010 at 7:56 pm
Wow, that lot is STILL for sale?! 912 days on the market. They’re persistent. It started at more than $1M in 2007. Don’t know what they were trying to get when it was first listed in 2004.
November 30th, 2010 at 10:27 pm
#5, you should write that property up as a guest submission. Maybe it could qualify for the Black Friday sale.
November 30th, 2010 at 11:18 pm
Real Estater- You’re so January 2009! Two years is a short period of time anyway, right?
Why is this not selling? Is the owner of this lowest priced property using an unusual pricing strategy?
November 30th, 2010 at 11:52 pm
I want to know how they can list that “house” as a 5 br/4.5 ba when there isn’t a structure on the property at all.
Did you catch the part where you have to build a bridge to even get there, estimated cost $300K? How about building a DRAWBRIDGE! Then fill San Tomas Aquinas Creek with sharks.
December 1st, 2010 at 7:38 am
madhaus- “Did you catch the part where you have to build a bridge to even get there, estimated cost $300K?”
Who cares if a bridge is needed; the value is in the land. “$599K for 1.55 acre.Surrounded by multi-million dollar estates.“
December 1st, 2010 at 7:54 pm
#1 – now *that’s* a real Alex post.
December 1st, 2010 at 10:48 pm
>>Did you catch the part where you have to build a bridge to even get there, estimated cost $300K?
If you look at a place like Foster City or Redwood Shores, there are plenty of bridges connecting various landfills. It’s not as big of a deal as you think.
December 1st, 2010 at 11:07 pm
“It’s not as big of a deal as you think.”
Of course it’s not a big deal; it’s less than $500k.
December 2nd, 2010 at 5:14 pm
Sure, the price is cheap, but it’s literally a waste of space if you can’t access it in accordance to your will.
December 2nd, 2010 at 5:34 pm
The plans they are selling for that lot in Saratoga are worthless, and the creek makes it a non-starter since it likely makes the lot a terrible place to build. I wonder how much they pay in taxes per year.
December 2nd, 2010 at 5:56 pm
That unreachable vacant lot in Saratoga was taken off the market yesterday, per Redfin. Movato says it’s still active. Since they can’t be bothered to track price reductions, I’ll go with Redfin’s call.
It’s now an “off-market property.”
December 3rd, 2010 at 1:05 am
As a result, the lowest price in Saratoga just got a lot higher.
December 3rd, 2010 at 1:37 am
Venditor timere annonae desperat quam humilitate potest abire..
December 3rd, 2010 at 9:24 am
“As a result, the lowest price in Saratoga just got a lot higher.”
I’m sure that helps this non-seller out. He really wanted to keep that lot; that’s why it was listed for sale. I’m probably going to need a reminder that the RBA never changes based on market conditions at all. I’m sure some professionals would like to buy and live there, but at a much lower price.
And I’m just too lazy this morning, otherwise I’d go look for cheaper homes in Saratoga–probably one that has buried power lines, or something.
December 13th, 2011 at 10:00 am
I was going to suggest this place for 2011, so instead I will just update this entry:
“Dec 12, 2011 Listed (Active) $90,000 — San Francisco MLS #392166″
It’s for 1/12 ownership, so it’s being priced a little over $1M for the whole.