Real Estate Steal? San Francisco Parking Spot Available For $100,000

SAN FRANCISCO (CBS SF) — As outrageous as the Bay Area real estate market has become in recent years, a new bit of property now up for sale in San Francisco might take the cake.

A parking spot at a condo near Oracle Park in the South Beach neighborhood is available for a whopping $100,000.

Parking spot number 140 is located at the condominium complex at 88 Townsend. Real estate agent Bill Williams is pitching the spot as a perfect investment.

“PARK YOUR MONEY! Great parking spot for investor clients, 1 block from the ball park!” the text from the property listing reads. “Current tenant is leasing for $300 month-to-month. To be clear: This is for a PARKING SPACE ONLY.”

Other properties listed at the address are on the market for close to $900,000, so perhaps $100,000 still qualifies as a bargain.

Article source: https://sanfrancisco.cbslocal.com/2020/02/03/real-estate-steal-san-francisco-parking-spot-100000/

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