Climb Real Estate sold several properties in San Francisco in the last week, including a condo in Nob Hill, a condo at Park Terrace in Mission Bay, a loft in SOMA, and a condo at 170 Off Third in South Beach. Here is the full list of sold properties plus nearby properties currently for sale.

Nob Hill

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This week’s biggest sale was 1101 Pacific Ave. #401, a 3 bedroom, 2 bathroom condo in Nob Hill that sold for $1,600,000. Originally listed for $1,295,000 by Todd Montgomery and Marcus Lee, the property was purchased for almost 20% over the list price by Marcella Bartolini’s buyer client. The home features views of the San Francisco Bay, the Bay Bridge, and downtown; a premium European kitchen with Calacatta marble surfaces, custom-made rift white oak cabinets in a licorice finish, stainless cooking platform, and Miele appliances; and access to a shared roof deck. The location is at the heart of the original San Francisco “Seven Hills” and is close to the peak of Nob Hill, Union Square, and downtown.

Also for sale in Nob Hill:

Mission Bay

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Bill Williams sold a 1 bedroom plus den, 1 bathroom condo at Park Terrace in Mission Bay for $903,500. The courtyard-level unit, 325 Berry St. #325, has a large private patio off the living room and faces south and west. It’s tenant-occupied, currently leased for $3,500 per month, making it ideal for an investor. Located directly on the Mission Creek waterfront in Mission Bay San Francisco, Park Terrace is a 110-unit luxury condominium building with a beautifully appointed lobby, a landscaped courtyard with a fountain and grill, a conference room, and a complete fitness center. Bordered by Mission Creek and Mission Creek Park, the development includes an amphitheater, walking/jogging paths, benches, grassy open areas, a kayak launch area, and courts for basketball, sand volleyball and tennis. Also featured is an 850 sq. ft. pavilion available for public rental.

Park Terrace is a waterfront oasis in one of San Francisco’s newest destination neighborhoods that includes a Whole Foods, Starbucks, UCSF Fitness Center, the new UCSF Mission Bay campus, and many of the City’s best restaurants. You are blocks from AT&T ball park, Safeway, the Embarcadero, the Ferry Building, and plenty of restaurants, shopping and entertainment. It’s an excellent commuter location with easy access to Caltrain, the Muni Third Street Light Rail, freeways 101, 280, and 80, and the Bay Bridge. 50,000 square feet of retail are currently planned for the surrounding area, which already has 3,100 residential units plus another 1,000 units under construction. Park Terrace is located across Mission Creek from Mission Bay’s newest condominium development, Arden, which will open sales in mid-May or June.

Currently for sale in Mission Bay:

SOMA

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Built in 1195, 50 Lucerne St. #9 is a 1 bedroom, 1 bathroom live/work loft in SOMA sold by Joshua Lawrence for $875,000 ($25k over the list price). Located on a cul-de-sac off Brannan Street between 6th Street and 7th Street, the loft has hardwood floors, a gas range, an extra-large deeding parking space, extra storage, and access to a shared roof deck with city views. It’s walking distance to Caltrain and Mission Bay and is 1 block from the 280 on-ramp. The building is also a block from the Concourse Exhibition Hall, which is planned for replacement by three six-story mixed-use residential and retail buildings at 801 Brannan/1 Henry Adams.

Condos and lofts for sale in SOMA:

South Beach

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177 Townsend St. #536 is a 1 bedroom plus den, 1 bathroom condo at 170 Off Third in South Beach that sold for $830,000, listed by Sasha Lupercio and with buyer representation by Todd Adair. The condo features floor-to-ceiling windows in the living room that look onto the lush courtyard. The kitchen has custom cabinetry with stainless steel and glass accents, a mosaic glass backsplash, and honed black granite counters. 170 Off Third offers some of the best building amenities offered in San Francisco. A massive fireplace anchors the richly appointed two-story clubroom. The custom-designed demonstration kitchen features a stainless refrigerator, gas range, and ample storage. There is a private movie theater, fully equipped fitness center, and full-sized 40-foot heated lap pool. The manicured, art-filled courtyard has a raised outdoor spa and barbecue grills. On the twelfth floor, owners enjoy a rooftop deck with expansive city views. Trendy restaurants, bars, and eateries, Safeway, and Wells Fargo are all within immediate proximity, and commuters have easy access to the Muni light rail, the Caltrain station, 101/280, and the Bay Bridge.

South Beach/Rincon Hill is a popular area for new developments right now; the second tower of One Rincon Hill (rentals) has opened its leasing office, 45 Lansing (rentals) will be opening its first tower soon, 340 Fremont is starting construction (expected completion late 2014, listing brokerage TBD), Park 181 at 181 Fremont is under construction (listed by The Mark Company, expected completion 2015), and Lumina at 201 Folsom is under construction and expected to open in 2015 (listed by Polaris Pacific).

Currently for sale in South Beach:

For more information about upcoming listings, new developments, and the current real estate market, contact an agent today.


Climb Real Estate provides this information to the public and our clients and does not guarantee its accuracy. Climb Real Estate does not necessarily represent the seller nor the marketing company in any way. For buyer representation, contact Climb or learn how to buy new developments.




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