According to Redfin, 641 properties were sold in the city between March 15 and April 15. The most expensive, 2973-2975 Jackson St., sold on April Fools’ Day for a cool $8.3 million.
The six-bed, 7,400-square-foot duplex in Pacific Heights, two blocks from the prestigious “Gold Coast” stretch of Broadway, was sold by agent Arline Klatte of Compass.
“In the heart of Pacific Heights, behind an understated facade, a spacious modern masterpiece is ready to blow your mind,” the blurb reads. “Part New York loft, part traditional, this huge space … offers creative people plenty of flexible options for glamorous entertaining as well as cozy, intimate gatherings.”
It also includes “site-specific art pieces” to woo dinner guests, who can park in the building’s five-car garage. “This place is special,” concludes the description.
The $8.3 million sale price could be seen as a great deal, with the Redfin estimate clocking in at $13.4 million. The home was listed at $7,495,000 and previously sold for a hair under $7 million in 2006.
At the bottom of the San Francisco real estate ladder, which often feels like it’s missing the first few rungs, we find a very small studio downtown. Apartment seven at 520 Natoma St. sold for $280,000 last week. The 330-foot tenancy in common unit is on the third floor of a pretty blue Edwardian property built in 1911.
The description says that the building was remodeled in 2018, and the “sunny south facing studio” offers bamboo floors and bay windows, though no parking is available. While it’s the cheapest sale in recent weeks in the city, its small size means that the price per square foot is still $848. The studio previously sold for $425,000 four years ago.
A dig in the archives shows that when first offered in 1912, the building was sold as “the finest apartments South of Market.” In 1959, the apartment was available for rent for $25 a month, but only men need apply.