Category archive - Blog

Build Your Wealth with Investment Real Estate

SF Bay Area Realtor Deborah Lopez 299x300 Build Your Wealth with Investment Real Estate

Deborah Lopez

There is absolutely no requirement that the first piece of real estate you buy has to be your own personal residence. 

by Deborah Lopez, San Francisco Realtor

One client of mine refused to own his own home until he had enough income from rental properties to pay the mortgage.  Another client bought an investment property every year Read more

San Francisco’s Residential Energy and Water Conservation

What You Should Know About San Francisco’s Residential Energy and Water Conservation Requirements:

File the Residential Energy Conservation Inspection Form and/or the Residential Water Conservation Form with DBI:

After the inspection by one of the above, the owner or the owner’s representative shall then file the Residential Energy Conservation Inspection Form and/or the Residential Water Conservation Form indicating the results of the inspection with Housing Inspection Services within 15 days of completing the inspection. A filing fee per Section 110, Table 1-N of the San Francisco Building Code is required.

NOTE: If you are converting your building to a condominium, DBI will perform the energy and water inspection as part of the total conversion inspection review.

Compliance:

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Farmers Markets to the City’s Market…Online

What You Get for How Much Where in San Francisco – Sales at selected price points, October 2009:
 http://www.paragon-re.com/postings/10-09_What_You_Get_in_SF.html
 
Paragon’s September Market Update Newsletter  — SF Home Market Under $750,000, September 2009
http://www.paragon-re.com/Newsletter.aspx

SF Foreclosure Sales & Short Sales Analysis – September 2009.
http://www.paragon-re.com/postings/09-09_SF_REO_Short_Sale_Analysis.pdf
Paragon SF Luxury Home Market Report — August 2009:
http://www.paragon-re.com/postings/08-09_Luxury_Home_Report.html
 
Analysis of Market Trends in Charts — Updated Monthly:
http://www.paragon-re.com/postings/Market_Dynamics_Statistics.html
 
Appreciation & Depreciation of SF Real Estate since 1995 – updated July 2009:
http://paragon-re.com/postings/SF_Home_Appreciation_&_Depreciation_since_1995.pdf
 
July 2009 Newsletter – What You Get for How Much Where in SF: median prices & dollars per square foot
http://www.paragon-re.com/PreviousNewsletter.aspx
 
San Francisco Farmers Markets:
http://www.paragon-re.com/postings/SF_Farmers_Markets.html
 
Who is San Francisco: City Demographics
http://www.paragon-re.com/postings/Who_is_San_Francisco.html
 
San Francisco Online Resources – interesting and useful websites
http://www.paragon-re.com/postings/San_Francisco_Online_Resources.htm
Property Tax Appeals:
http://www.paragon-re.com/postings/SF_Property_Tax_Appeals.html
 
Rent vs. Buy: Sample Analysis
http://www.paragon-re.com/postings/Rent_vs_Buy_$2600_rent_to_$650k_purchase.pdf
 
Paragon Weekly Market Update Report by Neighborhood – by Altos Research
http://www.paragon-re.com/UpdateReport.htm

What’s Coming Up…

Upcoming listings:
$1,250,000 // Eureka Valley //  20th Street BR/BA:  3/2.5 PKG: 1 Brief Description:  Gorgeous Victorian SFR on 3 levels, 1654 sq.ft., completely remodeled with great style!  LR, formal DR, granite/stainless kitchen and 1 BR/office plus half-bath on main level; two BRs with ensuite baths up; media room and laundry down.  Big deck off main level steps down to large landscaped yard. Parking leased and pre-paid for 1 year.  FIRST OPEN Sunday 2-4.

$850,000//Pacific Heights// Presidio BR/BA: 2/1 PKG: 1 Brief Description: Stunning top floor condominium, tons of light, views of downtown, small deck off kitchen. Leased parking space.

$795,000 // Pacific Heights // Steiner BR/BA: 2/2 PKG: 1 – deeded  Brief Description: Beautifully renovated condo with all the goodies – f/p, pvt. patio, black oak floors, new appliances, and re-tiled bathrooms. Great price for this unit….priced to move! 

$739,000// Hayes Valley // Page BR/BA: 2/2 PKG: 1 Brief Description:  Very unique floor plan for this condo with 2 bedrooms, 2 bathrooms, beautiful arched windows, high-end finishes. Never lived in!

Pocket Listings:
$1,395,000 // South Beach // Brannan St BR/BA: 2/2 PKG: 2 Brief Description: Spectacular home-like condo in the heart of South Beach, on two levels. Over 2,000 SF.

$649,000 //Van Ness/Civic Center // Myrtle Street BR/BA:  2/1 PKG: 1 Brief Description: Top floor best unit in historic Myrtle Street flats; fully detached on east side with great light throughout; beautifully renovated with 8-burner Wolf range, granite kitchen, pretty bath, in-unit laundry, custom lighting, integrated sound system, leased parking ∏ block away at AMC. Great value for this level of finish! NOT ON MLS – showings by appt. VISIT www.236Myrtle.com 

$TBD // Noe Valley // Valley BR/BA: 2/1 PKG:  0 Brief Description: Delightful, light-filled Noe Victorian that has been nicely updated, including an open floor plan, remodeled bath/kitchen, refinished hardwood floors, repainted inside and out, and front and rear yard landscaping.  Street parking is extremely easy and there is lots of storage in the basement. OPEN Sunday 10/11, 1:30 – 4:30pm.

Unusual Buyer Need:
Price Range: < $1,450,000 Neighborhood: Pacific Hgts, Russian Hill & North Beach Brief Comments: Looking for BR/BA: 3/2 remodeled w/style (more contemporary or updated classic) with parking. Qualified buyers who want to get a fair deal on a nice property!

Upcoming and Pocket Listings: you’re in the know

Upcoming listings:
$1,595,000 // Noe Valley // Vicksburg Street BR/BA:  3/2 PKG: 2  Brief  Description: Big beautiful house with illegal one bedroom in-law, detached artist studio with full bath, two car garage on an oversized lot with mature garden. Needs work, great opportunity for someone willing to put in the “Sweat Equity”.

$1,249,000 // Corona Heights // 127 Corbett BR/BA: 2/1 PKG:  1 Brief Description: Marina-style 2br/1ba + legal 1br apt (could also be used as SFH).

$1069,000 // Russian Hill //  Valparaiso BR/BA: 2/1 & 1/1 PKG: 0   Brief Description: Two-Unit building on quiet alley – completely remodeled – tenant occupied with good rents – Great Investment property – steps to North Beach.

$699,000 // Inner Sunset // 16th Avenue BR/BA:  2/1 PKG:  1 Brief Description:  Gorgeous top level full-floor flat in a 2-unit building. 2 bedrooms plus a sunroom, one split bathroom – over 1,500 square feet. Remodeled kitchen and bathroom, in-unit laundry, hardwood floors, wood-burning fireplace, 1-car garage parking plus storage. Views of the ocean out the back Great location!

Pocket Listings:
$1,360,000 // Marina // Webster BR/BA: 2/2 PKG: 2   Brief Description: This is a totally remodeled condo on the lower level of a 2-unit building. It is quite spacious with approx 1,550SF. 2-bedrooms, high-end remodeled kitchen, 2 fully remodeled bathrooms and 2-car parking.

$399,000 // Civic Center // Van Ness Ave BR/BA: 1/1 PKG: 1 Brief Description: Large 1bd on the 10th floor at Opera Plaza.  Overlooks pool area and has southern views.  Great starter home or pied-a-terre.  Original finishes but in great shape.  Tenant occupied until Dec. but can show now with notice.

$TBD //Corona Heights // Roosevelt BR/BA: 2+/2.5 PKG: 1 Brief Description: 3 Levels Corona Heights condo 2400 sq ft. with huge media/family room on top floor and huge view terrace. Built in 1991.

$TBD //Buena Vista // Buena Vista Ave BR/BA: 1/1 PKG: 1 Brief Description: Great one bedroom at Park Hill with views of the park. Will be updated with new wood floors, shortly.

Broad Improvement in Home Prices

Broad Improvement in Home Price According to the S&P/Case-Shiller Home Price Indices

New York, September 29, 2009 – Data through July 2009, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show that, although still negative, the annual rate of decline of the 10-City and 20-City Composites improved compared to last month’s reading. This marks approximately six months of improved readings in these statistics, beginning in early 2009.

Click to Read the Entire Report.

What you can get in San Francisco

Many national, state and local real estate indicators turned positive in the last 6 months (sometimes for the first time in years) and San Francisco sales continued to strengthen in spring and summer in virtually all price categories. (See charts here.) Properties viewed as good deals are selling quickly, sometimes with multiple offers for more than asking price. Bank-owned (REO) home sales and short sales constitute approximately 20% of sales in the city, though so far mostly concentrated in specific neighborhoods. (See link at bottom to REO & Short Sale Analysis.) Despite positive market conditions, many home listings still expire without selling – generally speaking, due to overpricing, poor preparation and/or poor marketing. With the advent of autumn – typically a strong sales season – new inventory has increased dramatically and, after a Labor-Day lull, a spike in accepted offers began in mid-September.

For $11,500,000

Pacific Heights: 9 BR, 6.5 BA, 10,614 sq.ft. 1885 mansion; GG bridge view, ballroom, library, 7 fireplaces, 2 terraces, elevator, 4 car pkg. $1083/sq.ft., bank sale of foreclosed home, 408 days on market (DOM); original list price of $14,900,000.

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Get out of the house and visit me!

Sunday 2 to 4

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Walkscore – 98!
Downtown / East Bay Views
Classic Victorian Flat
Spacious Flexible Floor Plan
3 Bedrooms
Remodeled Kitchen
1-Car Independent Garage
Extra Storage

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My new listing at 4302 19th Street

_22984_orig

Walkscore – 98!
Downtown / East Bay Views
Classic Victorian Flat
Spacious Flexible Floor Plan
3 Bedrooms
Remodeled Kitchen
1-Car Independent Garage
Extra Storage

Read more