The Most (and Least) Expensive SF Home Sales in May


As anyone who has ever thought about buying property in San Francisco can attest, the city’s real estate market is unique, extremely expensive, sometimes surprising and always frustrating.

Consistently listed as one of, if not the most expensive, places to buy a home in the country, in San Francisco a square foot of property now costs, on average, around $1,100.

Bargains are obviously hard to come by (unless you’re willing to buy an undisclosed empty patch of grass or a patch of land under water). An abandoned house that was to be demolished once sold for $2 million (although a demolition permit was thrown away).

With that in mind, we’ve researched the most expensive and cheapest properties to close within the city limits over the past month.

The Hamilton Building, 631 O’Farrell St., San Francisco.

Google Street View

According to the Zillow, the lowest-priced property sale in the city in May (not counting empty lots and below-market apartments) was surprisingly a condo in an architectural gem — the historic Art Deco Hamilton Building in the heart of the city. of the Tenderloin.

Built in the 1920s as the Alexander Hamilton Hotel – named after the founding father and hip-hop music influencer – the 19-storey building on O’Farrell between Hyde and Leavenworth is ornate and grand. This writer once visited an apartment there and marveled at the hall and ballroom on the first floor. There’s even a kitchen and a rooftop terrace for communal parties.

The lobby of the Hamilton Building, 631 O'Farrell St., San Francisco.

The lobby of the Hamilton Building, 631 O’Farrell St., San Francisco.

craigslist

The apartment that sold on May 5 moved in for $415,000 (just $1,000 less than its “Zestimate”) and is furnished and ready to move in. The 520 square foot “spacious alcove studio” features a 9 foot high ceiling, hardwood floors and an open-plan kitchen. All things considered, for the cheapest sale in town in a month, apartment 712 in Hamilton doesn’t seem like a bad deal.

Take a look inside the studio on Zillow.

The Hamilton Building, 631 O'Farrell St., San Francisco.

The Hamilton Building, 631 O’Farrell St., San Francisco.

craigslist

At the other end of the San Francisco real estate scale this month is a more modern architectural marvel. The nearly 6,000 square foot home on the western slope of Telegraph Hill at 340 Lombard took three years to build in the 1990s. Located on one of the largest lots on the hill, the low-key street entrance s opens onto a tree-lined courtyard.


The five-bedroom home spans four floors connected by an elevator and is anchored around a 50-foot-tall gray cylinder that, to those unimpressed by modern cast-concrete monoliths, may look like a utility water tower. Glass bridge walkways connect the rooms suspended under a roof terrace with translucent ground offering a panoramic view of the bay.

This ostentatious Beverly Hills-style landscaping is a true rarity in San Francisco and comes at a price. The modern mansion was sold to an unknown buyer for $15.5 million on Star Wars Day, May 4. May the pretentious four-storey palace be with you.

Unfortunately, due to the high-end discretion involved with the sale, we don’t have photos, but the listing is up on Zillow.

340 Lombard St., San Francisco seen from above.

340 Lombard St., San Francisco seen from above.

Google Street View


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