This is the most delusional listing I have seen all year…
Condo 2/2/1300 asking 1.2M in a sketchy part of Bayview. Yeah, inside is all new and dolly. But nobody in their right mind will buy a condo there given all the other choices in SOMA say.
By the way I think area around the 3rd St will see a lot of appreciation after the Central Subway is done. Techies can ride the T all the way to work in SOMA. Same for Chinatown?
Def worth keeping an eye out on what happens. I suspect no takers and big haircut coming. If it sells at full asking price, then the Fab 7x7 is no joke…
It’s a joke. If you guys never been to that part of town, drive there. One side of the street is industrial, the other side a mix of apartments, SFH’s and more industrials. You don’t get a warm and fuzzy homey feeling there. This condo marks the top of the market.
Big gentrification has already occurred. When I was growing up in portola in the 80s, the place felt like a ghetto and was down right scary. It looks a lot better now. Same with Bayview. Will only get better.
How can anyone justify spending 1.2M on a top-floor condo, which is effectively just half a house, when they can buy the whole thing for 900 next door?
I know we are only 3 months in this year, but I am calling this condo the most delusional seller of 2017.
Bayview new condos are selling for a lot more than SFR at the same location. Apparently young rich millennials approach Bayview with a much more positive view. Usually young people are correct if this is the typical millennium mindset. They will reshape housing market in 10 years.
Bayview could become hip, just like Bernal heights
This was a heavy industry and military use site for so many years. What are the odds that it is really cleaned up? Some say it is not and that there is a cover-up. Wouldn’t surprise me. Smart people will not gamble with their family’s long term health by moving here just for a nice new home. I certainly wouldn’t.
@sfdragonboy this is NOT Hunters Point. Many of these houses were built in the 1910s. I don’t think there is any heavy industry there. Some auto repair shops and warehouses.
Sure, maybe not exactly on the shipyard site itself but I am not convinced…
Bayview-Hunters Point or The Bayview, is a neighborhood in the southeastern corner of San Francisco, California, United States. The decommissioned Hunters Point Naval Shipyard is located within its boundaries