2980 Privet Dr., $4,800,000
Open Sun 2:00 – 4:00PM
Elegant estate on one of the best view lots with huge useable yard. Designer finishes with panoramic bay views from SF to South Bay. 5BR/4BA, library, media rm & guest suite.
Shaban Shakoori 518-9269
www.residentialsf.com

473 Pennsylvania, $1,149,000
Open Sun 2:00 – 4:00PM
Reduced! 4br/2ba Open flr plan. Deck, yd, stor, pk & vus!
Angelo Cosentino 298-9171

744 Duncan, $1,495,000
Open Sun 2:00 – 4:00PM
4BR/3BA w/ amazing views & 3BRs on top floor. Hardwood floors, redone kitchen, yard, hot tub & garage.
Shaban Shakoori 518-9269
www.residentialsf.com

63 20th Ave., $2,695,000
Open Sun 2:00 – 4:00PM
Elegant, spacious 4bd/3.5ba home. LR w/frpl, FDR, updated kit w/bkft room. Fam room. Au pair/guest qrtrs. SW deck & garden. 2+pkg.
Sandra Bagnatori 518-4865
www.63-20thAve.com

1940 Buchanan, $829,000
Open Sun 2:00 – 4:00PM
Final Reduction! Charming Edwardian flat, 2 BD+ H/O,1 Bth, Grmt Kit, Patio.
David Baskin 440-0001
www.davidbaskin.com

2 Fallon Pl. #59, $869,000
Open Sun 2:00 – 4:00PM
Spectacular View 2BD/1BA condo w/2 car parking. Earthquake insurance.
Monica Pauli 9029502
www.monicaslist.com

1651 Beach St., $1,750,000
Open Sat/Sun 1:00 – 4:00PM
Fabulous 2-level 3bd/3ba condo flat in the heart of the Marina. Sunroom, 2-car pkg, shared garden.
Karen Gould 871-1597
www.1651beach.com

2837 Washignton, $2,095,000
Open Sun 2:00 – 4:00PM
Rarely available 2 level house sized condo with garden just steps to Alta Plaza Park! 4 bdrms, 3 baths, Remodeled turn of the century charm, large rooms, 2 frpls.
David Gowan 871-3845
www.2837Washington.com

2319 Washington, $2,495,000
Open Sun 2:00 – 4:00PM
Renovated Rousseau home with 4 bedrooms plus guest suite, plus office, 3 luxurious baths, living room, dining room, family room & chef’s kitchen with dramatic skylight, roof garden & terraces, storage & 2 car prkng- near Fillmore St, Alta Plaza Park.
Patricia Lawton 309-7836
www.lawtonsf.com

67 Prospect, $399,000
Open Sun 2:00 – 4:00PM
Large renovated top-floor 1bd/1ba w/views. High ceilings w/crown molding. In-unit W/D. Shared decks and yard. Fractional financing.
Naomi Lopez 229-1345
Tyler Cassacia 229-1284

229 Brannan 14J, $1,175,000
Open Sun 2:00 – 4:00PM
New listing. Stunning city & downtown views, large 2bd, 2ba, living rm, frml dining area, mstr ste. w/ balcony, w/d, storage, pkg, AAA move in condition
Laurie Nierenberg 710.6900
www.isellsfhomes.com

150 Lexington #1, $789,000
Open Sun 2:00 – 4:00PM
Updated condo w/ 3BRs, 2BAs, in-unit laundry, 2 car pkg & outdoor space w/views. Best Mission block!
Shaban Shakoori 518-9269
www.residentialsf.com

819 Haight, $1,535,000
Open Sun 2:00 – 4:00PM
Beautifully remodeled “Painted Lady” Victorian, 3BD/1.5BA, original details: lg rooms, tall windows & high ceilings, gorgeous modern kitchen opens to family room & backyard. 2car garage, vibrant neighborhood.
Nina Hatvany 229-1285
www.NinaHatvany.com

1745 Broadway, $1,799,000
Open Sun 2:00 – 4:00PM
3+BD/ 2.5BA completely remodeled condo. 1 car pkg. Water vus. Top flr.
Nicole Klionsky 577-0950
www.1745BroadwaySF.com

1835 Franklin #201, $899,000
Open Sun 2:00 – 4:00PM
New listing! 2bd/2ba, 1 parking, deck, remodeled Kitchen and baths!
Monica Pauli 902-9502
www.monicaslist.com

364 17th Ave., $1,625,000
Open Sun 2:00 – 4:00PM
REDUCED! 4BD top lvl. FLR & FDR. W/D, frplc, remod eat-in kit w/fam rm. Lg yd. 3 car gar. Bonus rm down.
Lisa Wolfe 990-8769
www.364-17thave.com

1201 California, $479,000-$925,000
Open Sun 2:00 – 4:00PM
#1202 – $925,000. 1st Open! Huge 1/1/Fdr/Terrace/Solarium/Fab S.Vu/Pkg/Doorman/Hardwood.
#703 – $549,000. Drop Dead VU/Split Level Style/1br/1b/office/pkg
#606 – $479,000. REDUCED! GGB Vu/Gorgeiou Renov/Jr 1br/Pkg
Pam Dubier 572-6520
www.nobhillcondominiums.com

2033 Leavenworth, $1,075,000
Open Sun 2:00 – 4:00PM
Renov 2/2- Hardwood/Parking/Partial Vu/Low Dues.
Pam Dubier 572-6520
www.nobhillcondominiums.com

813 Union, $989,000
Open Sun 2:00 – 4:00PM
1st time on the market. Remodeled. LR, FDR, 2BR, Eat In KTCH, 1.5 BA, 2 PKG, Storage, roof rights.
Fabio 229-1309

817 Union, $775,000
Open Sun 2:00 – 4:00PM
Completely remodeled, LR w/frpl. open eat-in Ktch, 2br, 11/2 marble Baths, Hrdwd, 1 PK- A JEWELL.
Fabio 229-1309

10 Miller Pl. #902, $595,000
Open Sun 2:00 – 4:00PM
Stunning renovated 1 bed/1 bath view condo. Gourmet kit & luxurious bath. 1-Car pkg. Elevator. Doorman.
Karen M.Gould 871-1597
www.10miller902.com

2430 Scott St., $4,498,000
Open Sun 2:00 – 4:00PM
Stylish & elegantly renovated 4BD/4.5BA Edwardian masterpiece home located on fab block near Alta Plaza Prk. Incredible design, gorgeous bay views, chef’s kitchen, liv rm, frml DR, private view deck, pentroom, office, media rm/gym, garden & more!
Pattie Lawton 309-7836
www.2430scottstreet.com

82 Garden, $669,000
Open Sun 2:00 – 4:00PM
Bright Contemporary 2 bdrm, 2 bath Flat
Grt condition, granite cntrs, open floor plan, shared yard Pkg.
Steve Gallagher 229-1206
www.sfsteve.com

143 21st Ave., $1,395,000
Open Sun 2:00 – 4:00PM
Beautiful, bright Edwardian 3bd/2.5ba home. Formal living rm, FDR w/frpl, updated eat-in kit. Deck & garden. 2 car garage.
Sandra Bagnatori 518-4865
www.143-21stAve.com

723 Foerster, $699,000
Open Sat 1:00 – 2:00 PM Sun 1:00 – 4:00PM
Bright, remod, vw. home,3br/2b, 1 car g’ge, deck.
Sue Kirkham 229-1297
www.SueKirkham.com

21 Stillman #4, $749,000
Open Sun 2:00 – 4:00PM
New listing! Sun 2-4. Quiet, urban oasis, dramatic live/work loft on 2 lvls, 2bd/2ba, dk, pkg. approx. 1700 sq ft, close to Fin Dist, Ballpk, nightlife.
Laurie Nierenberg 710-6900
www.isellsfhomes.com

3715A-3715B Market, $1,325,000 – $1,399,000
Open Sun 2:00 – 4:00PM
New construction completed in 2008 offers fantastic views on almost every floor. Each unit is 2-level 3BR and 2.5BA. Available as TICs or entire duplex for $2,695,000!
Travis Pacoe 260-0480
Ron Abta 595-7661
www.3715market.com

50 St. Germain, $4,980,000
Open Sun 2:00 – 4:00PM
Dramatic contemp 5BR/4.5BA. Sweeping north GG Bridge, Bay Bridge w/downtown & east bay Mt Diablo vus. Incredible renovation. Mastersuite, office/den/fam rm/media center/library/gym. Open floorplan, window walls. Vaulted ceilings. Decks. Winecellar. Radiant heat. Sonos sound.
Dona Crowder 229-1399.
www.50StGermain.com

3124 Laguna, $789,000
Open Sat/Sun 2:00 – 4:00PM
Spacious 2 bdrm +Office. High ceilings, softwd flrs, terrace, in-unit lndry.
Silvia Damen 706-7897
www.3124Laguna.com

2775 Union St., $4,175,000
Open Sun 2:00 – 4:00PM
Stylish remodeled 4+BD/4.5BA, gourmet kitchen opens to family room/dining area, rear deck & landscaped yard. Upper level suite w/GG Bridge view & deck, lower level bonus room/suite, wine room, 2 car SxS garage. Great location!
Nina Hatvany 710-6462
www.ninahatvany.com

1880 Steiner #101, $799,000
Open Sun 2:00 – 4:00PM
FILLMORE COURT. 1st Open for this 2 level, 2 bdrm, 2.5 bath condo. Wood-burning F/P, gas range, W/D in unit, wood flrs on main level. 1 deeded pkg & strg. Great location!!!
Jo Howard 415-229-1383
sjshoward@aol.com

1461 Sanchez, $1,615,000
Open Sun 2:00 – 4:00PM
1st Open! Remodeled 3BR/ 3BA, chef’s kit, lg deck, lush garden. Office, frml LR & DR. 2 car pkg.
Susan McBride 609-7222
www.1461Sanchez.com

730-732 9th Ave., $1,399,000
Open Sun 2:00 – 4:00PM
Lovely duplex in the heart of the inner Richmond! Two 2BR units, top floor beautifully remodeled. Big back yard.
Ron Abta 595-7661
Travis Pacoe 260-0480
www.9thAveDuplex.com

3715 Market St, $2,695,000
Open Sun 2:00 – 4:00PM
New construction completed in 2008 is a tremendous duplex offering two, 2-level 3BR and 2.5BA units. Must see!
Travis Pacoe 260-0480
Ron Abta 595-7661
www.3715market.com

3441 Clay, $1,399,000
Open Sun 2:00 – 4:00PM
Perfect presidio location! Huge 3BR/ 2.5BA top floor TIC in freestanding building. Expansive, formal entertaining areas, remodeled kitchen, lovely master suite – has it all!
Ron Abta 595-7661
Travis Pacoe 260-0480
www.3441claystreet.com

42 Delmar, $795,000
Open Sun 2:00 – 4:00PM
Price Reduced! Charming 2BD/1BA, 1PKG condo. Period detailing throughout. Upgraded eat-in kit, lndry rm & shared garden.
Joel Goodrich 229-1374
www.joelgoodrich.com

765 Market #22D, $4,950,000
Open Sun 2:00 – 4:00PM
3BD+Den, 2 car pkg, spacious unit with grand view.
Janet Krahling 518-5016
www.elevatinglifesyles.com

650 Sacramento St., San Francisco | $2,900,000
MLS#367322
| Commercial | Map
Financial District
Prime Financial District bordering Chinatown location. Ground floor retail (with additional storage spaces in the basement) with offices on 2nd & 3rd floor serviced by elevator. Great opportunity for owner-user, all lease are on m-to-m. Sesmic retrofit co more.
Gordon Wong
DRE# 00954453

650 Sacramento St, San Francisco | $2,900,000
MLS#367322
| Commercial Unspecified | Map
FINANCIAL DISTRICT
Excellent investment or owner-user opportunity in prime Financial District. There are 2 ground floor retail/office spaces. One is a laundry and the other is vacant. Both ground floor units have additional spaces in the basement. There is elevator access t more.
Gordon Wong
DRE# 00954453

990 Monterey Blvd, San Francisco | $1,498,000
MLS#367269
4 bedroom, 3.5 bath | Single Family Residence | Map
WESTWOOD HIGHLANDS
This grand scale, stately English Tudor enjoys spectacular southern views of the city w/elevator. 4BD/3.5BA includ 2 suites. Main flr: foyer; liv rm w/barrel ceiling, bay windows, gas-burning frpl,; formal din rm; remdl kit w/eat-in area; remdl BA w/Jacuz more.
Tina Tsao
DRE# 01185965

225 Lakeview, San Francisco | $850,000
MLS#367479
6 bedroom, 5 bath | Single Family Residence | Map
INGLESIDE
This light-filled 3 story home has been completed renovated from the studs up. (99% Brand new) offering 6 Bedrooms 5 Baths + office and 2 cars s/s garage.Ground floor: 2 BD,1 BA, Media Rm w/independent entry. Main: 2 BD 2 BA (1 suite). Top: 2 BD, 2 BA ( more.
Nancy Jen
DRE# 01041366

128 Oliver St, Daly City | $849,000
MLS#367447
7 bedroom, 5 bath | Single Family Residence | Map
ORIGINAL DALY CITY
NEW CONSTRUCTION. Main floor has 4 br/3 ba(1 master), open floor plan LR/Kit/DR, bright & spacious. Lower level has 3br/2ba(1 master),family room, and 2 car s/s parking(also can park 2 car s/s in the driveway). Must see to appreciate. Large 26′ x 128′ lot more.
Gordon Wong
DRE# 00954453

185 41ST AV, San Mateo | $799,000
MLS#81011705
3 bedroom, 1.5 bath | Single Family Residence | Map
Westwood Knolls Etc.
Lovely, spacious detached home on a tree-lined street. Bright livingroom w/ recessed lighting, & fireplace w/ tile surround. Remodeled eat-in kitchen w/ Bay views & access to outdoor patio. Three generous bedrooms, w/ painted mural in child’s room more.
Anthony Christen
DRE# 01326401

2223 40th Ave, San Francisco | $659,000
MLS#366892
3 bedroom, 2 bath | Single Family Residence | Map
OUTER PARKSIDE
This charming original owner 3BR/2BA + fam. rm. home has a spectacular Ocean view and unique additions. Features new interior/exterior paint,carpeting & handsome refinished Oak flrs and a wood-burning fireplace. The updated gas kitchen has ample cabinets, more.
Harry Sweet
DRE# 00451300

40 Oceanside Dr, Daly City | $498,000
MLS#366875
3 bedroom, 1 bath | Single Family Residence | Map
WESTLAKE TERRACE
Beautiful, unobstructed ocean views from the living/dining room and deck enhance the value of this super sharp residence that features an open floor plan, double pane windows, hardwood floors, fireplace, modern gas kitchen w/SS appliances. Upstairs are 3 more.
Andrew La Mont
DRE# 00915478

40 OCEANSIDE DR, Daly City | $498,000
MLS#81011577
3 bedroom, 1 bath | Single Family Residence | Map
Westlake Terrace
Fantastic, unobstructed ocean view from the living/dining room, deck & kitch of this super sharp residence that features an open floor plan, dbl pane windows, hardwood flrs, frplc, modern gas kitchen w/SS appliances. Upstrs are 3 bedrooms, 1 bath off more.
Andrew La Mont
DRE# 00915478

171 Naples St., San Francisco | $419,900
MLS#367360
2 bedroom, 1 bath | Single Family Residence | Map
Excelsior
Great opportunity! Charming home on nice Excelsior block with lots of potential – needs some TLC/updating. Bonus storage rooms on attic & basement levels. Great price, sold as-is. Seller can provide 3R & geological reports only -bank owned (regular sale b more.
Stephanie Klekas
DRE# 00838794

171 Naples St, San Francisco | $419,900
MLS#367360
2 bedroom, 1 bath | Single Family Residence | Map
EXCELSIOR
Great opportunity! Charming home on nice Excelsior block with lots of potential – needs some TLC/updating. Bonus storage rooms on attic & basement levels. Open house Sat/Sun 3/13-14 2-4PM. Great price, sold as-is. Seller can provide 3R & geological report more.
Stephanie Klekas
DRE# 00838794

988 Hensley Ave, San Bruno | $365,000
MLS#367569
2 bedroom, 1 bath | Single Family Residence | Map
SAN BRUNO
Excellent home buying opportunity in San Bruno!! This terrific starter home is fully detached & sits on a HUGE fenced lot. It has an updated kitchen & bath, hardwood floors, rear deck & garage parking. Located w/in close proximity to BART, Tanforan, SFO more.
Anthony Daniels
DRE# 01468889

1b – Inner Richmond, $1,295,000. Commercial For Sale
402 8th Ave #207, San Francisco
Bedrooms: – | Baths: – | Sq. Ft.: 2,646 | MLS#: 367339
This light-filled 2646 sq ft space is located in an elevator bldg and is currently being used for medical purposes. There are 4 treatment rooms, 2 offices, 2 large multi-functional rooms, a kitchen, laundry, 2 baths and 7 deeded parking spaces.It is an excellent opportunity for an owner user or… >> View more detail
Represented by: Lynne Priest

2c – Outer Sunset, $1,132,000. 2-4 Units
1445 48th Ave, San Francisco
Bedrooms: – | Baths: – | Sq. Ft.: – | MLS#: 367632
Perfectly located, updated 1958 building near the beach, GG Park and the N-Judah. 3 out of the 4 units are now vacant. Top floor units have sliding glass doors to the deck & have great outlooks. This location brings top rents or separate units for extended family or a potential TIC. Wood floors,… >> View more detail
Represented by: Jas. Romeo Holloway

2e – Central Sunset, $688,000. Condo/Co-op/TIC/Loft
2625 Judah #2, San Francisco
Bedrooms: 3 | Baths: 2 | Sq. Ft.: 1,663 | MLS#: 367400
Modern full floor condo, just over 10 years (built in 2000) young. Very convenient Sunset location. Super open floor plan for the main living area (fire place too) with partial views of the park & ocean. Modern kitchen with new appliances. Nicely laid out master suite & bath as well as 2 more… >> View more detail
Represented by: Ken Eggers

2f – Inner Sunset, $1,099,000. 2-4 Units
414 Lawton St, San Francisco
Bedrooms: – | Baths: – | Sq. Ft.: – | MLS#: 367568
Bright 2-unit building in prime Inner Sunset, close to Irving St shopping and Golden Gate Pk. Each spacious unit includes 2BR, 2BAs, attractive open floor plan, fireplace,& formal dining room, 2 car s/s parking + storage & shared laundry. Large shared rooms down with many possible uses. Both units… >> View more detail
Represented by: Danielle Lazier

2f – Inner Sunset, $554,500. Condo/Co-op/TIC/Loft
414 Lawton #B, San Francisco
Bedrooms: 2 | Baths: 2 | Sq. Ft.: – | MLS#: 367572
414 Lawton St #B is a lovely top floor TIC in prime Inner Sunset. Spacious 2 bed flat with natural light, open floor plan, 2 bathrooms, fireplace, formal dining room, and inviting kitchen. In the garage, you’ll find 2-car side by side parking plus storage & shared laundry. Also on this level, you… >> View more detail
Represented by: Danielle Lazier

2f – Inner Sunset, $544,500. Condo/Co-op/TIC/Loft
414 Lawton St #A, San Francisco
Bedrooms: 2 | Baths: 2 | Sq. Ft.: – | MLS#: 367570
414 Lawton St #A is a wonderful lower TIC unit in prime Inner Sunset. Spacious 2 bed flat with natural light, open floor plan, 2 bathrooms, fireplace, formal dining room, and functional kitchen. In the garage, you’ll find 2-car side by side parking plus storage & laundry. From here, you can access… >> View more detail
Represented by: Danielle Lazier

2g – Inner Parkside, $749,000. Single-Family Home
2321 16th Ave, San Francisco
Bedrooms: 4 | Baths: 2 | Sq. Ft.: – | MLS#: 367602
Short Sale subject to lender approval. This lovely home was constructed in 1926 and contains many period details, with four bedrooms and two baths on two levels. Through and through this home shows pride of ownership and updates that make the property shine through the clouds on the foggiest… >> View more detail
Represented by: Todd Wiley

3c – Pine Lake Park, $949,000. Single-Family Home
455 Crestlake Dr, San Francisco
Bedrooms: 3 | Baths: 2 | Sq. Ft.: 1,975 | MLS#: 367271
Wonderful Pine Lake Park home with gleaming hardwood floors and gorgeous designer kitchen with walk-out garden access. Features three bedrooms and two full baths, all on the main level. Living room and adjacent dining area enjoy a beautiful wood-burning fireplace. The upper level has a huge, wood… >> View more detail
Represented by: Vi Gianaras

4f – Midtown Terrace, $729,000. Single-Family Home
481 Dellbrook Ave, San Francisco
Bedrooms: 3 | Baths: 2 | Sq. Ft.: – | MLS#: 367230
DON’T MISS THIS ONE – Fully detached home in move-in condition! Very private setting w/views of tree tops in the back, lots of natural light throughout. Home has wood floors/parquet, open floor plan with direct access to large walk-out deck. Very nicely remodeled kitchen w/ granite counters,… >> View more detail
Represented by: Mark Peschel

4k – Sherwood Forest, $899,000. Single-Family Home
189 Dalewood Way, San Francisco
Bedrooms: 3 | Baths: 2 | Sq. Ft.: – | MLS#: 367452
Architect re-designed home with the convenience of SF and the solitude of Marin enjoying ocean and forest views and easy access to Mt. Davidson trails. Great for entertaining, the open floor plan features a dramatic winding stairway, connecting a lush, south garden with hot tub. The kitchen is… >> View more detail
Represented by: R. Eric Castongia

4s – Sunnyside, $979,000. Single-Family Home
335 Monterey Blvd, San Francisco
Bedrooms: 3 | Baths: 2.5 | Sq. Ft.: 2,560 | MLS#: 367533
Grand multi level Edwardian home.Beautiful Hardwood floors.Nicely scaled rooms.Wonderful flow of space. Southeast views & nice light. Great Glen Park alternative!On the 1st floor there is a lovely entry way,large L/R with F/P,formal D/R,remodeled kitchen & office/den plus 1/2 Ba.On the 2nd floor… >> View more detail
Represented by: Adela Penner

4s – Sunnyside, $799,000. Single-Family Home
436 Staples Ave, San Francisco
Bedrooms: 3 | Baths: 2 | Sq. Ft.: 1,248 | MLS#: 367409
Classic Sunnyside 1912 Victorian. Three bedrooms and two bathrooms all on one level. Formal dining room, large eat-in kitchen & spacious living room w/ high ceilings & fireplace. Hardwood floors, big level rear yard & a large 25′ x 112′ lot. Garage parking for 2 cars + 1 more spot in front. Roomy… >> View more detail
Represented by: Darin Holwitz

5c – Noe Valley, $1,370,000. 2-4 Units
569-571 Elizabeth St, San Francisco
Bedrooms: – | Baths: – | Sq. Ft.: 2,420 | MLS#: 367587
Charming 3 unit building ideally located in Noe Valley. Lower unit: spacious two bedroom, one bath, formal dining room, fireplace, sunroom & direct access to the backyard. Upper level features two units. A one bedroom, one bath with a beautiful fireplace &a one bedroom, one bath plus office & peek-a… >> View more detail
Represented by: George Langford

5c – Noe Valley, $1,069,000. Condo/Co-op/TIC/Loft
4511 25th St #A, San Francisco
Bedrooms: 2 | Baths: 2 | Sq. Ft.: 1,205 | MLS#: 367195
HELLO GORGEOUS! This fab Noe View condo is located in a 2-condo Homeowner’s Assn. Large scale rooms, high ceilings, 2 huge bedrooms w/French doors leading to a deeded 2 level patio, Chef’s kitchen,w/ Sub Zero,Bosch& DCS gas range. High end stone baths, jacuzzi tub in the master bath, W/B fireplace w… >> View more detail
Represented by: Michael Salstein

5d – Twin Peaks, $999,000. Condo/Co-op/TIC/Loft
850 Corbett Ave #1, San Francisco
Bedrooms: 3 | Baths: 3 | Sq. Ft.: 2,266 | MLS#: 367329
Grand and Elegant 3BD/ 3BA, 2 level spacious contemporary condo 2003 construction. Entry level: Light filled open living dining area with wood floors, plantation shutters, gas fireplace, large dining area, with natural light from atrium and large windows. 2BR/2BA. Gourmet kitchen: stainless steel… >> View more detail
Represented by: Kevin Dunn

5f – Buena Vista Park, $675,000. Condo/Co-op/TIC/Loft
355 Buena Vista Ave #101w, San Francisco
Bedrooms: 2 | Baths: 2 | Sq. Ft.: 1,103 | MLS#: 367621
Rarely available 2 BDRM/2 BTH CORNER unit in desirable Buena Vista. Large foyer leads to the LIV/DIN area and KIT. High ceilings, new carpets, plantation shutters. The bedrooms are located on separate sides of the unit, each with a full bath and ample closet space. This wonderful corner unit condo… >> View more detail
Represented by: William Kitchen

5g – Corona Heights, $649,000. Condo/Co-op/TIC/Loft
409-411 Roosevelt Way #411-U, San Francisco
Bedrooms: 2 | Baths: 1 | Sq. Ft.: – | MLS#: 367494
Magnificent views from the top of Corona Heights! Enjoy them from the private deck and the living room of this tastefully remodeled top floor TIC flat – part of a 3-unit Spanish-Mediterranean building. The unit has 2 bedrooms and 1 bath, modern kitchen with stainless steel appliances, beautiful… >> View more detail
Represented by: Inna Tretyakova

5h – Clarendon Heights, $2,089,000. Lots & Acreage
21 Mountain Spring Ave, San Francisco
Bedrooms: – | Baths: – | Sq. Ft.: – | MLS#: 367614
Perched high above the city on the cliffs of Clarendon Heights, this detached single family home sits on two residential lots with panoramic city and water views. Just like the priceless views, the possibilities here are endless! Remodel the current home, add some square footage, or build your new… >> View more detail
Represented by: Patrick Lowell

5h – Clarendon Heights, $2,089,000. Single-Family Home
21 Mountain Spring Ave, San Francisco
Bedrooms: 2 | Baths: 2 | Sq. Ft.: – | MLS#: 367519
Perched high above the city on the cliffs of Clarendon Heights, this detached single family home sits on two residential lots with panoramic city and water views. Just like the priceless views, the possibilities here are endless! Remodel the current home, add some square footage, or build your new… >> View more detail
Represented by: Patrick Lowell

5j – Duboce Triangle, $795,000. Condo/Co-op/TIC/Loft
11-1/2 Beaver St, San Francisco
Bedrooms: 2 | Baths: 1.25 | Sq. Ft.: – | MLS#: 367536
Stunning 2 bedroom condo located on one of the most sought-after blocks in Duboce Triangle. Spacious floorplan with two living rooms, wood floors, gas fireplace. 1 car garage, beautiful shared yard, storage, intimate two unit building. One block to Market Street, cafes, shops, and Muni. Do not… >> View more detail
Represented by: Patrick Lowell

5k – Eureka Valley/Dolores Heights, $800,000. Condo/Co-op/TIC/Loft
3757 17th St, San Francisco
Bedrooms: 2 | Baths: 1 | Sq. Ft.: 1,194 | MLS#: 367190
This elegant condo in a fantastic location is a terrific blend of old & new. The home has many modern updates but retains the elegance, scale & beauty of the original building. Amazing light, grand rooms, soaring ceilings, wood floors, details throughout. LR has been opened up & is of a grand scale…. >> View more detail
Represented by: Vicki Valandra

7b – Pacific Heights, $578,000. Condo/Co-op/TIC/Loft
2614 Buchanan St #4, San Francisco
Bedrooms: 1 | Baths: 1 | Sq. Ft.: – | MLS#: 367274
Beautiful jewel pied-a-terre condo in a four unit European Style building in prime Pacific Heights with its own separate entrance! It offers 1 bedroom, 1 remodeled slate bathroom, living rm, dining area, remodeled kitchen with Cyprus wood counters & cabinets & top of the line appliances, in unit… >> View more detail
Represented by: Darryl Honda

8e – Russian Hill, $939,000. Condo/Co-op/TIC/Loft
2555 Leavenworth St #303, San Francisco
Bedrooms: 2 | Baths: 2 | Sq. Ft.: 1,120 | MLS#: 367369
Rarely found top floor corner unit with floor to ceiling views of Sausalito, Alcatraz, the Oakland Bay Bridge, and Coit Tower! Wonderful living space with master suite, guest bedroom and bath, recently remodeled kitchen and baths, roof deck, and a great location for shopping, restaurants, and more! >> View more detail
Represented by: Ronald Whitney

9a – Bernal Heights, $1,185,000. 2-4 Units
286-288 Holladay, San Francisco
Bedrooms: – | Baths: – | Sq. Ft.: – | MLS#: 367573
Remodeled from the studs up! This handsome 2-unit bldg has the look and feel of brand new construction with open-plan living areas, sleek Euro-style kitchens, beautiful tiled baths, new gas fireplaces, new dbl-paned windows & new wood floors. Each has in-unit laundry hookups. Fast-track condo… >> View more detail
Represented by: Michael Hopkins

9a – Bernal Heights, $829,000. Single-Family Home
220 Bradford, San Francisco
Bedrooms: 3 | Baths: 2 | Sq. Ft.: 1,244 | MLS#: 367546
This move-in ready Bernal home has the perfect combination of 1960’s cool and modern sensibility. Newly refinished floors in the living and dining rooms, new granite kitchen counter. Two large bedrooms and bright bath with skylight on the main level, with additional bedroom and full bath on lower… >> View more detail
Represented by: Claire Chessen

9a – Bernal Heights, $599,000. Condo/Co-op/TIC/Loft
286-288 Holladay #286, San Francisco
Bedrooms: 2 | Baths: 2.5 | Sq. Ft.: – | MLS#: 367574
Feels like new construction! Remodeled from studs up-Gorgeous bi-level unit with 2 master suites, one on each level. Spacious open-plan living area, sleek Euro-style kitchen with Cesarstone countertops & stainess appliances. Gas fireplace, new hardwood floors, beautiful modern tiled baths. Clean,… >> View more detail
Represented by: Michael Hopkins

9a – Bernal Heights, $550,000. Condo/Co-op/TIC/Loft
288 Holladay, San Francisco
Bedrooms: 2 | Baths: 2 | Sq. Ft.: – | MLS#: 367579
Top Floor, Bright and Beautiful! 2 Bedroom, 2 baths in a two-unit building that has been remodeled from the studs up! Feels like new construction. Open-plan living area with gas fireplace, new hardwood flooring, Euro-style kitchen with Cesarstone countertops, stainless appliances. In-unit lndry… >> View more detail
Represented by: Michael Hopkins

9c – Inner Mission, $819,000. Condo/Co-op/TIC/Loft
752 South Van Ness, San Francisco
Bedrooms: 3 | Baths: 1.5 | Sq. Ft.: – | MLS#: 367636
Let the sun shine in! This handsome 3 bedroom 1.5 baths flat is detached on three sides and flooded with natural sun light. Beautiful wood floors throughout most of the flat. Two decorative fireplaces. High ceilings, charming details and period built in add to the livability of this fine unit…. >> View more detail
Represented by: Douglas Carpenter

9e – Potrero Hill, $595,000. Condo/Co-op/TIC/Loft
673 Kansas St #1, San Francisco
Bedrooms: 2 | Baths: 1 | Sq. Ft.: 950 | MLS#: 367594
Welcome to this condo in a desirable No. Slope location! This lower unit in a 2 unit building featuring 2 bedrooms with wood floors & original details. Bathroom offers nice updates and storage. The back of the unit is ready for entertaining. The nicely sized formal dining room awaits dinner parties… >> View more detail
Represented by: Christine Doud

9f – South of Market, $499,900. Condo/Co-op/TIC/Loft
175 Bluxome #226, San Francisco
Bedrooms: 1 | Baths: 1 | Sq. Ft.: 654 | MLS#: 367362
Sweet and cozy loft in a fabulous commute location. Kitchen features granite countertops and stainless steel appliances. Above living area is a cool catwalk to bedroom loft. This unit is in a secure building and overlooks the lovely courtyard plants and fountains. Walkscore of 89 – close to all… >> View more detail
Represented by: Amy Clemens

10f – Portola, $575,000. Single-Family Home
146 Gambier St, San Francisco
Bedrooms: 2 | Baths: 1 | Sq. Ft.: – | MLS#: 367542
Bright, solid house with spacious rooms, high ceilings, detail, & functional flow. Main level features a gracious living room/a fireplace & a large window with sweeping views of the city and bay beyond, a remodeled kitchen, formal dining room and 2 bedrooms. A bathroom completes this level.House… >> View more detail
Represented by: Marion Broder

New Price

1e – Outer Richmond, $670,000. Single-Family Home
5126 Anza St, San Francisco
Bedrooms: 2 | Baths: 2 | Sq. Ft.: 1,670 | MLS#: 356065
Single Family Home, perfect for a contractor, with 1670 Sqft per tax records on 2,500 Sqft lot near Sutro Heights for $700,000. Top floor has formal living & Dining rooms & one bedrooms with a bath plus laudryroom. Additional two rooms and bath down with unwarranted kitchen. One car garage with… >> View more detail
Represented by: Anna Spathis

2f – Inner Sunset, $849,000. Condo/Co-op/TIC/Loft
1230 7th Ave, San Francisco
Bedrooms: 3 | Baths: 2.5 | Sq. Ft.: – | MLS#: 366798
REDUCED! Enjoy the best of G.G. Park and the Inner Sunset from this classic 6-room condo, the upper unit of two. Abundant light and original detailing, augmented by updated kitchen and baths. Close to the N-Judah, UCSF, Irving Street amenities, California Acad. of Sciences & the DeYoung Museum. In… >> View more detail
Represented by: Dianne O’Connell

4a – Balboa Terrace, $1,229,000. Single-Family Home
235 San Leandro Way, San Francisco
Bedrooms: 3 | Baths: 3.5 | Sq. Ft.: 2,628 | MLS#: 366228
Beautifully restored 1920s charm & craftsmanship. Traditional home with large formal living & dining rooms, remod. kitchen w/spacious breakfast area, deck & patio + wine cellar. Two BR suites on main floor, each w/remodeled bath plus private master penthouse ste w/firplace, abundant closets and… >> View more detail
Represented by: Diane Onken

6f – North Panhandle, $999,000. Condo/Co-op/TIC/Loft
528 Broderick St, San Francisco
Bedrooms: 3 | Baths: 2.5 | Sq. Ft.: 1,383 | MLS#: 365857
New construction ultra modern top floor condo w/New York flare. Huge open floor plan for your Grand piano and then some. Gourmet kitchen with Viking appliances, custom cabinets. Designer baths. Master BR has a fireplace in bathroom. 2 of 3 bedrooms have direct access to lovely landscaped back yard…. >> View more detail
Represented by: Theresa Sedell

9c – Inner Mission, $499,000. Condo/Co-op/TIC/Loft
1930 Mission St #305, San Francisco
Bedrooms: 2 | Baths: 1 | Sq. Ft.: – | MLS#: 364798
Top floor, rear-facing, EXTRA sunny condo with deeded parking. Great separation between living & sleeping rooms, remodeled eat-in kitchen that opens to the living area, abundant closets, double pane windows, beautiful floors, & a modern bathroom. The building has an enormous roof deck with views…. >> View more detail
Represented by: Sherri Howe

9d – Mission Bay, $729,999. Condo/Co-op/TIC/Loft
235 Berry St #601, San Francisco
Bedrooms: 2 | Baths: 2 | Sq. Ft.: 1,000 | MLS#: 366690
2 bd/2 bath. Master w/bath. Very clean w/upgraded appliances. (Sub Zero/W &D, DW) bamboo cabs.-up graded flooring. 30 K in upgrades! Northern Views of City. Steps from elevator. In unit W/D. 1 parking w/bike rack. Private deck off LR. Walk score 100. >> View more detail
Represented by: Louise Minnick

9f – South of Market, $2,688,000. Commercial For Sale
235-237 9th St, San Francisco
Bedrooms: – | Baths: – | Sq. Ft.: 8,000 | MLS#: 365538
Great investment opportunity! NNN Lease! 6.43% CAP! Great central SOMA location! Building has been recently renovated. Currently 100% occupancy with solid tentants, leases til 2012 w/3 yr option. Rear of building has parking for 6+ cars. Each floor is approximately 4,000.Sq.Ft.(not verified by agent… >> View more detail
Represented by: Darryl Honda

10k – Bayview Heights, $499,000. Condo/Co-op/TIC/Loft
301 Crescent Way #3407, San Francisco
Bedrooms: 2 | Baths: 2 | Sq. Ft.: 892 | MLS#: 366407
Enjoy stunning views and gracious lifestyle in a beautiful top floor unit. Unobstructed full water views of the SF Bay provide a wonderful opportunity to experience the beauty of San Francisco. This unit has never been occupied and is essentially brand new! Granite counter tops, stainless steel… >> View more detail
Represented by: Kevin Markarian

1738 Lake St, San Francisco | $2,100,000
MLS#367586
4 bedroom, 4.5 bath | Single Family Residence | Map
LAKE
renov 4bd/4.5ba, approx 3500 sqft lvg, in excellent Lake St close to golf courses, parks, & playgrounds. lvg rm w/ auto start mble frplc, FDR, kitch w/ gran counter, mple cab, blt-in high-end SS appl, & hdwd flrs throughout. 2 master suites w/ lrg closets more.
Christina Chung
DRE# 00716773

151 Edwards Ave., Sausalito | $1,595,000
MLS#367144
3 bedroom, 2.5 bath | Single Family Residence | Map
Sausalito
Gorgeous View home almost entirely re-built in ‘06 w/quality finishes & detail! Breathtaking Vus of SF Bay & Angel Island, home features 3bdrms, 2.5baths, office, media rm & 3 Decks! Stunning kitch w/Carrera Marble cnttops, Subzero & Bosch applianc & expa more.
Cece Doricko
DRE# 01513516

228 Clipper St., San Francisco | $1,295,000
MLS#367293
| Multi-Family | Map
Noe Valley
Gorgeous 2-Unit Building in great Noe Valley location! The Upper Unit features: 4 Bedrooms, 2 Baths on two levels. Remodeled Granite Kitchen with New Stainless Appliances, New Hardwood Floors, large Living Room over looking lush garden. The Lower Unit fe more.
Reid Rankin
DRE# 01374892

228 Clipper St., San Francisco | $1,295,000
MLS#367298
5 bedroom, 3 bath | Single Family Residence | Map
Noe Valley
Used as a Single Family Home, this gorgeous 2-Unit Building is in a great Noe Valley location! The Upper level features 4 Bedrooms, 2 Baths, Remodeled Granite Kitchen with New Stainless Appliances, New Hardwood Floors, large Living Room over looking lush more.
Reid Rankin
DRE# 01374892

2932 26th Ave, San Francisco | $978,000
MLS#367496
2 bedroom, 1 bath | Single Family Residence | Map
MERCED MANOR
Merced Manor is one of the most desirable neighborhoods in the city. The family YMCA, Stonestown Galleria, Trader Joe’s,Borders,Lakeside village, Lakeside shopping center plus the national top ranking Lowell High school are just one of the attractions in more.
Jin Chen
DRE# 01021644

355 Yerba Buena Ave, San Francisco | $858,000
MLS#367560
3 bedroom, 1 bath | Single Family Residence | Map
WESTWOOD HIGHLANDS
Detached Westwood Highlands 3 BRs, on one level, 1 Bath. Grand character at Entry Foyer, Living and Dining Rooms. Tall box-beam ceilings, newly refinished parquet hardwood floors, new interior paint. Breakfast room, older kitchen. Monster-sized basement more.
Tim Curran
DRE# 00969619

2090 Great Highway, San Francisco | $599,000
MLS#367554
2 bedroom, 2 bath | Condominiums/ Town House | Map
OUTER PARKSIDE
Rarely available Ocean View, corner condo w/great flr plan and views from almost every room. 2BD, 2FB, Lg LR, dining area & upgraded kitch w/stunning Lagos Blue Caesarstone counter tops! Quality details: bamboo flrs, picture windows, designer wall colors more.
Cece Doricko
DRE# 01513516

2019 47th Ave., San Francisco | $575,000
MLS#367239
3 bedroom, 2 bath | Single Family Residence | Map
Outer Parkside
Gorgeous three bedrooms two bath home consists of spacious living room with corner fireplace, formal dining room, two good sized bedrooms and tile bath upstairs, wonderful gas kitchen with breakfast counter, refinished hardwood floors throughout, bedroom more.
Christina Chung
DRE# 00716773

2019 47th Ave, San Francisco | $575,000
MLS#367239
3 bedroom, 2 bath | Single Family Residence | Map
OUTER PARKSIDE
Gorgeous three bedrooms two bath home consists of spacious living room with corner fireplace, formal dining room, two good sized bedrooms and tile bath upstairs, wonderful gas kitchen with breakfast counter, refinished hardwood floors throughout, bedroom more.
Christina Chung
DRE# 00716773

720 Gough, San Francisco | $528,500
MLS#367617
1 bedroom, 1.5 bath | Condominiums/ Town House | Map
VAN NESS/CIVIC CENTE
Stunning quiet spacious 1bd/1.5ba/1car in elevator building. Large LR w/fireplace, dining area & large deck w/dramatic view of City Hall. Good size upgraded kitchen w/stainless steel appliances, breakfast bar & modern lighting opens to dining area. Gorgeo more.
Tanya Reperyash
DRE# 01130152

41 Vienna St, San Francisco | $399,000
MLS#367395
2 bedroom, 1 bath | Single Family Residence | Map
EXCELSIOR
Gorgeous Excelsior home! Enjoy Panoramic Views of City Lights as you awake in the bedroom & in the Living Room or sit on the spacious deck. Home Boasts a Remodeled Kitchen & Bath w/ 2 Bedrooms & unwarranted 2 bonus rooms w/ bath down. New Paint, New Carpe more.
Christina Chung
DRE# 00716773

Price Updates | Week ending 3/12

380 Urbano Dr., San Francisco | $1,149,000
MLS#362803
4 bedroom, 2.5 bath | Single Family Residence | Map
Ingleside Terrace
JUST REDUCED! Fully detached 4 BD, 2.5BA Spanish Med SFR w/period detailing on two levels in Ingleside Terraces. Formal Living Rm w/marble frpl & barreled ceiling, Formal Dining Rm, spacious bright Kitchen w/bkft bar & attached Family Rm plus adjoining el more.
Michael Genoshe
DRE# 01314827

717 Neuchatel Ave., Burlingame | $738,000
MLS#366026
2 bedroom, 1 bath | Single Family Residence | Map
Burlingame
Priced to sell. Open Sunday 2:00 to 4:00 Don’t miss this adorable 2 Bedroom 1 bath cottage nestled on one of Burlingame’s most sought after streets. Featuring original pane glass windows which offer views to the beautiful gardens. Kitchen with new Stain more.
Betty Taisch
DRE# 01227574

Upcoming Open Homes

OPEN: 3/10/2010 11:00 AM to 1:00 PM
151 Edwards Ave., Sausalito | $1,595,000
MLS#367144
3 bedroom, 2.5 bath | Single Family Residence | Map
Sausalito
Gorgeous View home almost entirely re-built in ‘06 w/quality finishes & detail! Breathtaking Vus of SF Bay & Angel Island, home features 3bdrms, 2.5baths, office, media rm & 3 Decks! Stunning kitch w/Carrera Marble cnttops, Subzero & Bosch applianc & expa more.
Cece Doricko
DRE# 01513516

OPEN: 3/09/2010 12:00 PM to 1:30 PM
3/11/2010 5:00 PM to 7:00 PM
228 Clipper St., San Francisco | $1,295,000
MLS#367293
| Multi-Family | Map
Noe Valley
Gorgeous 2-Unit Building in great Noe Valley location! The Upper Unit features: 4 Bedrooms, 2 Baths on two levels. Remodeled Granite Kitchen with New Stainless Appliances, New Hardwood Floors, large Living Room over looking lush garden. The Lower Unit fe more.
Reid Rankin
DRE# 01374892

OPEN: 3/09/2010 12:00 PM to 1:30 PM
3/11/2010 5:00 PM to 7:00 PM
228 Clipper St., San Francisco | $1,295,000
MLS#367298
5 bedroom, 3 bath | Single Family Residence | Map
Noe Valley
Used as a Single Family Home, this gorgeous 2-Unit Building is in a great Noe Valley location! The Upper level features 4 Bedrooms, 2 Baths, Remodeled Granite Kitchen with New Stainless Appliances, New Hardwood Floors, large Living Room over looking lush more.
Reid Rankin
DRE# 01374892

OPEN: 3/09/2010 1:30 PM to 3:00 PM
380 Urbano Dr., San Francisco | $1,149,000
MLS#362803
4 bedroom, 2.5 bath | Single Family Residence | Map
Ingleside Terrace
JUST REDUCED! Fully detached 4 BD, 2.5BA Spanish Med SFR w/period detailing on two levels in Ingleside Terraces. Formal Living Rm w/marble frpl & barreled ceiling, Formal Dining Rm, spacious bright Kitchen w/bkft bar & attached Family Rm plus adjoining el more.
Michael Genoshe
DRE# 01314827

OPEN: 3/09/2010 2:30 PM to 4:00 PM
80 Richland Ave., Unit B, San Francisco | $995,000
MLS#366593
3 bedroom, 2 bath | Condo / Townhome | Map
Bernal Heights
Gorgeous contemporary 2-Level Condo in the Sweet Spot ~ Glen Park/Bernal Hghts Bridgeway! Approx. 1900 sq.ft. of beautiful living space. MAIN LVL: Living Rm w/frplc & deck, Dining Rm, Gourmet Kitchen w/full Brkfst Bar, Guest Bdrm & Full Bath, Office/2nd B more.
Melinda Lee
DRE# 01344377

OPEN: 3/13/2010 1:00 PM to 4:00 PM
3/14/2010 2:00 PM to 4:00 PM
57 Lake Shore Dr., San Francisco | $888,000
MLS#367059
3 bedroom, 2 bath | Single Family Residence | Map
Lake Shore
This gorgeous detached home sits in the tree-lined block of the prestigious neighborhood of Lakeshore. On the main floor: Marble entry & hallway, Living room with wood burning fireplace, formal dining rm, kitchen with custom cherry wood cabinets & granite more.
Anne Chiu
DRE# 00371107

OPEN: 3/14/2010 1:00 PM to 4:00 PM
1226 44th Ave., San Francisco | $669,000
MLS#367020
3 bedroom, 2 bath | Single Family Residence | Map
Outer Sunset
Bright and sunny home features 2 bedrooms, sunroom and 1 bathroom on the main level with a bonus 3 room and bathroom on the ground level. The home offers a remodeled kitchen complete with granite tile counter-tops stainless steel appliances and a kitch more.
Kaz Sera
DRE# 01057719

OPEN: 1/24/2010 2:00 PM to 4:00 PM
500 Masonic Ave., Unit 9, San Francisco | $599,000
MLS#363136
1 bedroom, 1.5 bath | Condo / Townhome | Map
North Panhandle
This immaculate two level custom condo. features a gourmet kit. w/ stainless steel appl.,granite counters, custom cabinets, stone floor; open living/dining room with fireplace and beautiful hardwood floors; elegant half bath; laundry rm. w/washer&dryer; u more.
Michael Miller
DRE# 00496735

OPEN: 3/14/2010 2:00 PM to 4:00 PM
2019 47th Ave., San Francisco | $575,000
MLS#367239
3 bedroom, 2 bath | Single Family Residence | Map
Outer Parkside
Gorgeous three bedrooms two bath home consists of spacious living room with corner fireplace, formal dining room, two good sized bedrooms and tile bath upstairs, wonderful gas kitchen with breakfast counter, refinished hardwood floors throughout, bedroom more.
Christina Chung
DRE# 00716773

California Association of Realtors just released its report for January 2010 real estate activity.

Calif. median home price: $287,440 (Source: C.A.R.) (note: compared to $306,820 previous month)

Calif. highest median home price by C.A.R. region: Santa Barbara So. Coast $760,000 (Source: C.A.R.) (note: compared to $847,500 previous month)

Calif. lowest median home price by C.A.R. region: High Desert $124,480 (Source: C.A.R.) (note: compared to $124,710 previous month)

Calif. First-time Buyer Affordability Index - Fourth Quarter 2010: 64 percent (Source: C.A.R.) (note: compared to 64 percent Third Quarter 2009)

Mortgage rates – week ending 3/4/10:

• 30-yr. fixed: 4.97%; Fees/points: 0.7% (note: compared to 5.01% and 0.7% points last report)
• 15-yr. fixed: 4.33%; Fees/points: 0.7% (note: compared to 4.40% and 0.7% points last report)
• 1-yr. adjustable: 4.27%; Fees/points: 0.6% (note: compared to 4.22% and 0.5% points last report)

- California Association of Realtors & Freddie Mac ]]> http://www.sfresidence.com/blog/2010/03/12/california-real-estate-fast-facts-from-car-and-freddie-mac-%e2%80%93-january-2010/feed/ 0 http://www.sfresidence.com/blog/2010/03/12/calhfa-awarded-700-million-to-assist-homeowners/ http://www.sfresidence.com/blog/2010/03/12/calhfa-awarded-700-million-to-assist-homeowners/#comments Fri, 12 Mar 2010 19:00:06 +0000 mick@sfresidence.com http://www.sfresidence.com/blog/?p=2113 The U.S. Treasury has allocated nearly $700 million to CalHFA to help low-and moderate-income borrowers who have been impacted by unemployment and declining home values.  CalHFA now must submit a proposal by April 16 to the Treasury outlining innovative programs focused on foreclosure prevention and housing market stability.  The Treasury will review each proposal for compliance with program objectives and other requirements. The Treasury expects that CalHFA may begin drawing down funds within four to six weeks following submission of proposals, or mid-year.
 
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California’s median home price hit bottom in February 2009 at $245,170.  Since then, the median home price has increased steadily in month-to-month comparisons, but remained below 2008 levels throughout 2009.  The annual median price is projected to increase to $280,000 in 2010 from $271,000 in 2009.

Homes priced $500,000 or less dominated the sales mix throughout 2008 and early 2009, but peaked at 85 percent in January 2009.  Meanwhile, the market share of homes sold for more than $500,000 increased from 15 percent in January 2009 to 25 percent in July 2009, holding steady around that figure for the remainder of last year.

C.A.R.’s “State of the California Housing Market 2009-2010” report is free to members of C.A.R. Click here for download instructions.

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QUESTION

ANSWER: Attorneys’ fees clauses are double-edged swords. While the provision allows an association to recover legal fees, it often becomes the driving force behind litigation. For example, each side might spend $50-100,000 litigating a matter that has a disputed value of $12,000. When that happens, settlement becomes almost impossible. The plaintiff wants $12,000 in damages PLUS another $100,000 to cover his legal expenses. The defendant might agree to pay $7,000 to make the litigation go away but will never pay plaintiff’s legal fees (nor will the insurance carrier). That means each side will spend another $50-75,000 taking the matter to trial just to get a shot at recovering their legal fees.

Eliminating Fee Awards. If each side had to bear its own legal fees each time a matter was litigated, they would be forced to weigh the costs before jumping in. This would slow down the filing of lawsuits. Once in litigation, legal fees would also speed settlement since neither side wants to spend a non-recoverable $100,000 over a $12,000 dispute. Unfortunately, putting the brakes on litigation would require amending the Davis-Stirling Act. Currently Civil Code 1354(c) provides:

In an action to enforce the governing documents, the prevailing party shall be awarded reasonable attorney’s fees and costs.

It is unlikely the legislature will ever eliminate this provision, which means legal fees will continue to encourage litigation because plaintiffs always think they have a winning case and will recover legal fees. And, legal fees will continue to impede settlements when expenses spin out of control. It also means that owners who live in litigious associations will inevitably face higher dues for insurance premiums and potential special assessments for legal fees.

Sincerely yours,

Adrian Adams, Esq.
Adams Kessler PLC

ANSWER: Yes, CC&Rs can be amended to require owners to carry insurance. The requirement can extend to tenants as well.

Renter’s Policy. Renters can be required to carry an HO4 policy which protects a tenant’s personal property against loss and limits exposure to personal liability claims. Protecting the tenant against loss protects the association.

Owner’s Policy. Owners should be required to carry an HO6 policy (”Homeowners 6″ or “Condominium Unit Owner Policy”). Without it, they are exposed to loss and are more likely to sue the association. Moreover, the secondary mortgage market is now requiring protection for owners. Owners’ insurance should cover the following:

1.  Personal Property Coverage that insures unit contents such as clothing and furniture.

2.  Personal Liability Protection which pays for bodily injury and property damage.

3.  Loss of Use Protection that pays for extra expenses (hotel, restaurants, etc.) while the owner’s home is uninhabitable because of damage.

4.  Loss Assessment Coverage that covers the owner’s portion of special assessments levied by the association resulting from insured losses.

5.  Real Property Coverage that insures those portions of the premises not insured by the association’s master policy.

RECOMMENDATION: Associations should amend their CC&Rs to require both owners and tenants to carry insurance. To avoid potential liability, the amendment should also relieve the association of enforcement requirements related to the amendment. In addition, boards should regularly publish reminders that owners and tenants need to carry their own insurance.

Sincerely yours,

Adrian Adams, Esq.
Adams Kessler PLC