The all the houses in the arctic outer Sunset is no good? They are have the 40s in their street address.
Well, 2 fours would be doubly a no-noā¦
I donāt think itās the street number. The page says monthly rent is $2,800, which leads me to believe that not only the in-law is rented out, but the upper level as well. Good luck kicking those guys outā¦
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Possible, but I think $2,800 is more likely for the whole house by one family.
When you buy it, you either make it contingent that home be delivered to you empty (or no dice) or you just factor in the cost of paying for owner move-in. Depending on how many individuals, perhaps maybe up to $20-$25k pay-out as regulated by the City. That is doable, especially with price mark-down. Come on, this one is not that hard (if someone really wanted it). I just donāt like being out there beyond Sunset Blvd and 2 fours donāt make 8 in my bookā¦
Ok, vacant 2 unit Inner Sunset goes in less than a month and over 400K over asking!!! With a sweet closing number like that, gotta be Asianā¦
Way Outer Sunset corner home sells in less than a month and at 1.125M! But in 2005 was sold for more. Oh wellā¦we canāt all be winners
And another oneā¦so the sweet spot for a decent Sunset home is 1.25M I guess. Sells for 350K over asking. This one took a tad longer. Ooh, bought back in 1992 for the fabulous lucky 280k! In 25 years while having that roof over your head and enjoying that healthy Sunset living, you then almost clear 1M (selling price to selling price)ā¦ not too shabby
What was the minimum wage in San Francisco in 1992?
Well, it might have been different in the Fab 7x7, but according to this $4.25. FYI - my family bought our 3 unit apartment building in the early 1960s for $20-$25K??? I forgetā¦
If I had to wait 25 years to make my million I would probably be crying in pain. I hope this guy (or gal) had other properties or assets to spare.
But again, if this were primarily your ROOF for you and your family the 1M is still a nice pot at the end of the rainbowā¦
My point is most of the gain came from inflation, not so much appreciation. I mean if minimum wage went from $4.25 to $13 (3 folds) and this house went from $280K to $1.25M (~4.5 folds), then this house appreciated about $400K and the rest was just the time value of money.
Money is cheap. Probably everyone will become a millionaire several decades from now.
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But at the end of the day, a roof over your head is pricelessā¦anything above is technically gravy, no?
Not Sunset (as I have been reporting overbidding after overbidding for awhile now)!!!
Sweet, 280k over asking!!! Inching towards 1.5M as the norm for nice ones!!!
Oh my godā¦ that range looked like itās from grandmas period still considered āupdatedā and āniceā fetching top dollarsā¦
There is actually a big following of old stoves like Wedgewood. We used to have one and yeah I thought it was junk but Big Bro set me straight about that. Sure enough, a lot of people wanted itā¦
Old article but still trueā¦
Ok whateverā¦ one personās garbage is anotherās treasureā¦ 
So, imagine that home selling for nearly 1.5M with a kitchen like that! The house that is up the street at the corner is KILLER. Itās got a remodeled huge vaulted ceiling theater or tv room at the back presumably also providing ocean viewsā¦sweet
