This TIC for sale may be a part of San Francisco’s oldest existing home


  • 4e1f7 920x920 This TIC for sale may be a part of San Franciscos oldest existing home

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This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie


This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie


This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie


This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie



This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie


This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie


This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie


This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie



This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie


This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie


This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie


This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie



This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie


This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

This 2 bed, 2 bath TIC is for sale in what may be SF’s oldest building.

Photo: Edward Deleski/Mario Banuelos • Vanguard Propertie




This tenancy-in-common (TIC) is part of what The SF Planning Department lists as possibly San Francisco’s oldest home (certainly, it is one of the oldest). When built, the entire structure likely cost $500. Today, the TIC alone will cost you $849,000.

The home:

Recently listed as a two bed, two bath TIC, 1268 Hampshire St. is part of a now four-unit building.

This home is 865 square feet, with hardwood floors and a garden view. The patio outside is exclusive to the owners of this particular unit.

The San Francisco 49ers are looking to rebuild and part of that plan includes hiring John Lynch as the general manager. Mark Ibanez reports.


Media: Brandpoint



There is an HOA fee of $300 a month.

Is it really in SF’s oldest home? 

Property information shows a building date of 1907, but some records put that date much earlier, in the 1850s.

Mission Local points out that

While the city’s historical survey lists the building at 1855, the Planning Department puts it at 1907. That’s not surprising, however. The city burned in 1906, eradicating nearly all old records and, to boot, the nascent city burned a number of times between 1849 and 1859, around when this structure was possibly being constructed.

A screenshot of the historical survey noting the 1855 date is included in the gallery above.

Some historians posit the home was built in 1849 or 1950.

History

In a series of articles on the property, Mission Local reported that 1268 Hampshire St. was originally built for John Treat, the brother of George Treat (the latter’s posterity preserved by Treat Avenue).

The Treats, originally from Maine, moved to San Francisco in the 1849.  George Treat made more of a mark on history than John did.

A noted businessman and silver investor, George Treat was also an outspoken abolitionist, according to the Virtual Museum of the City of San Francisco.

Mission Local found that in 1851,  George was part of the city’s “first Committee of Vigilance,” a vigilante group that carried out law enforcement outside the city government.

Both George and John liked horses and racing them, apparently, as they helped establish the city’s first race track, Pioneer Racing Course.

The price of progress

Mission Local also mentioned this detail: When the Treat brothers built originally built this home, “it might have run them $500, estimates San Francisco architectural researcher Gary Goss (that’s about $14,000 in today’s money [per this US Inflation Rate conversion tool]).”

Today, just a small slice of the original home– and not even outright condo ownership, but instead a tenancy in common– will cost you $849,000. Or, knowing SF bidding, a lot more.

See the listing here.

Anna Marie Erwert writes from both the renter and new buyer perspective, having (finally) achieved both statuses. She focuses on national real estate trends, specializing in the San Francisco Bay Area and Pacific Northwest. Follow Anna on Twitter: @AnnaMarieErwert 


Article source: https://www.sfgate.com/realestate/article/This-TIC-for-sale-may-be-a-part-of-San-12783213.php

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