Shoot him! Shoot him! 
Boom!!! 1.8M, 205K over asking!!!
https://www.redfin.com/CA/San-Francisco/2383-37th-Ave-94116/home/904559
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Boom boom!!! How about 517K over asking???
https://www.redfin.com/CA/San-Francisco/2167-27th-Ave-94116/home/1840167
Look at that nice pot of gold when you retire and downsizeā¦
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I saw that. Did those old folks stage their own house? A professional stager couldāve done a better job and gotten more bang for their buck. 
Well, imagine that you are old (yes, you too will get oldā¦) and you arenāt really focusing on āmakingā more money by investing more money. I can see it. A million bucks or close to it net might be just fine with the owners who are sailing off into the sunsetā¦
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Ok I see Iām still way too young to understand the older mindsetā¦
Happy 2018!
This is a bargain though with approved extension plans
Man Iām thinking if this is an error
I thought the same! Because if not an error itās crazyā¦
Happy New Year, @Esfgiants and @lasse!!!
Well, that is just the plans for a larger home correct? You still have to build and that could (will) be expensive. I followed this on another thread since this is a strategy that I might want to deploy too in anticipation of selling one day. Why not take advantage of my expediter architectās considerable skill with Planning to get me the same approved permit to build and throw that in on the sale? Could be worth the time and effort no? Hey, also same 180 degree unobstructed ocean view with no one ever to block your view (I am at the crest of the corner).
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Iāve been inside this house when it was first sold a few years ago.
You can do that but this was an expansion permit, takes 15 months and a lot of money. Owner probably made very little overall with holding cost and you are banking on speculation too
I am looking out my window now towards Ocean Beach and that is the same, orangy sunset in the pictureā¦
Ok, so assuming you saw it in the condition when it sold last in 2015 couldnāt one argue that at that time the sold price of just over 1M was about right, if not slightly high? I mean, 2/1 with orig kitchen and bathrooms and illegal downstairs in the mid 30s ave. Yes, the view from the existing living room is not bad already. So, you guys actually think 1.4M with plans is cheap eh? Remember, those pics are renderings not existing conditionā¦
1.05 was WITH tenants. Thatās why 1.4 is super cheap imo. Expansion approved plans are worth money imo. Going to be a spectacular house when done
I will be curious if the new owner actually goes through with it. I mean without looking into it, how much is that expansion bill going to be? 250-300K? More? Hope he/she has money leftā¦
It would be a waste if they didnāt. Your estimation is about right but 2x or 2.5x. The scope of work based on the city is around 450k which in turn permit fee is around 30 to 40k already
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OMG, a reduction in price in the Sunset??? The sky is falling, the sky is falling!!!
https://www.redfin.com/CA/San-Francisco/1923-30th-Ave-94116/home/1411277
Itās a reverse floor plan. Not everybody like that.
What!!! I for one, loooove reverse plan homes in the Sunset (as long as there is actual ocean viewsā¦). That, besides your home (Rousseau style), and those nice totally detached ones between Irving and Lincoln, would be ones I wouldnāt mind trading my house forā¦
My realtor told me that living in a home like that will lead to divorce, according to feng shui. I wouldnāt mind that but donāt know about youā¦